Europe Organic Aquaculture Market Share, Size, Growth, Opportunity and Forecast 2021-2026

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Europe Organic Aquaculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026

Market Overview:

The Europe organic aquaculture market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 22% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different industries. These insights are included in the report as a major market contributor.

Organic aquaculture refers to the process of cultivating aquatic species without using synthetic fertilizers, pesticides, herbices, GMOs in stocking and feeding material and focusing on the vegetable-based feed ingredients and additives such as soybean, corn, fish oil, fish meal, etc. Organic aquaculture practices offer a wide variety of nutritional, growth-promoting, and immune-resistant benefits to the farmed aquatic animals. Furthermore, they also help in maintaining a viable and sustainable aquatic ecosystem by limiting the introduction of harmful substances. As a result, organic aquaculture practices are extensively adopted for cultivating various aquatic species, including trout, mussels, salmon, oyster, carp, etc.

In Europe, the growing consumer concerns towards the high prevalence of numerous pathogens present in conventionally cultured seafood products are primarily augmenting the market for organic aquaculture practices. Additionally, the rising consumer disposable income levels along with their improving living standards are further catalyzing the per capita expenditures on premium seafood products, mainly including organically-sourced variants. Moreover, the growing demand for organic fish oil across several sectors, including pharmaceuticals, food and beverages, nutraceuticals, etc., is also driving the market growth in Europe. Besides this, the rising awareness among breeders towards the long-term and sustainable benefits of adopting organic aquaculture practices is further bolstering the demand for organic aquafeed. Moreover, the European Commission is constantly focusing to reduce the adverse impact of chemical-based aquaculture methods on marine and freshwater ecosystems, thereby fueling the market growth. Apart from this, the increasing demand for canned and frozen organic seafood variants will continue to drive the market for organic aquaculture in Europe over the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe organic aquaculture market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, species, form, culture environment, end use and distribution channel.

Breakup by Species:

Mussel
Trout
Salmon
Oyster
Carp
Seabass and Seabream
Others

Breakup by Form:

Canned
Frozen
Fresh or Chilled
Others

Breakup by Culture Environment:

Freshwater
Marine
Brackish Water

Breakup by End Use:

Household
Commercial

Breakup by Distribution Channel:

Supermarkets and Hypermarkets
Convenience Stores
Hotels and Restaurants
Online Sales
Others

Breakup by Country:

Ireland
Norway
Romania
Italy
Germany
Spain
Others

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Aqualande, Blackshell Farm Ltd, Biofisch GmbH, Cromaris D.D, Cultimer France Producteurs Associes, Glenarm Organic Salmon Limited, Kaerhede Dambrug ApS (Frea Aquaculture Solutions Aps), Kush Shellfish, Mowi ASA, Musholm A/S (Okamura Foods Co.,Ltd), SalMar ASA and Vilsund Blue A/S.

Key Questions Answered in This Report:

How has the Europe organic aquaculture market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the Europe organic aquaculture market?
What is the breakup of the market based on the species?
What is the breakup of the market based on the form?
What is the breakup of the market based on the culture environment?
What is the breakup of the market based on the end use?
What is the breakup of the market based on the distribution channel?
What is the breakup of the market based on the country?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the Europe organic aquaculture market and who are the key players?
What is the degree of competition in the industry?