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Norway Aquaculture Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The Norway aquaculture market is expected to exhibit a CAGR of 3.54% during 2022-2027. 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. These insights are included in the report as a major market contributor.

Aquaculture refers to the cultivation of aquatic animals and plants in a tank, floating cage, pond, or other water bodies. It maintains stocks of existing fish in water bodies through artificial recruitment and transplantation. Aquaculture also includes the production of baitfish for commercial and sport fishery as well as ornamental fish for recreational purposes.

 

 
 

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Norway Aquaculture Market Trends:

The market in Norway is primarily driven by the increasing consumption of seafood due to the rising awareness regarding the various health benefits associated with it. This, coupled with the inflating disposable income levels and the shifting dietary preferences of individuals, is significantly contributing to the market growth. Furthermore, the availability of the ideal climatic conditions for aquaculture production in the country is propelling the market growth. Besides this, the escalating demand for exporting seafood to other countries is escalating the demand for aquaculture production. Moreover, the deployment of innovative technologies by key market players to ensure sustainable growth is creating a positive outlook for the market. Other factors, including the increasing support by the government of Norway to promote aquaculture and the rising expenditure on research & development (R&D) activities, are anticipated to contribute to the market growth further across the country.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Norway aquaculture market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on fish type, environment and distribution channel.

Breakup by Fish Type:

 

 
 

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  • Freshwater Fish
  • Molluscs
  • Crustaceans
  • Others
     

Breakup by Environment:

  • Fresh Water
  • Marine Water
  • Brackish Water
     

Breakup by Distribution Channel:

  • Traditional Retail
  • Supermarkets and Hypermarkets
  • Specialized Retailers
  • Online Stores
  • Others
     

Breakup by Region:

  • Eastern Norway
  • Fjord Norway
  • Northern Norway
  • Southern Norway
  • Trøndelag
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units ‘000 Tons
Segment Coverage Fish Type, Environment, Distribution Channel, Region
Region Covered Eastern Norway, Fjord Norway, Northern Norway, Southern Norway, Trøndelag
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the Norway aquaculture market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the Norway aquaculture market?
  • What are the key regional markets?
  • What is the breakup of the market based on the fish type?
  • What is the breakup of the market based on the environment?
  • What is the breakup of the market based on the distribution channel?
  • 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 Norway aquaculture market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Norway Aquaculture Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Fish Type
    6.1    Freshwater Fish
        6.1.1 Market Trends
        6.1.2 Market Forecast    
    6.2    Molluscs
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Crustaceans
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Environment
    7.1    Fresh Water
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Marine Water
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Brackish Water
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Breakup by Distribution Channel
    8.1    Traditional Retail
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Supermarkets and Hypermarkets
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Specialized Retailers
        8.3.1 Market Trends
        8.3.2 Market Forecast
    8.4    Online Stores
        8.4.1 Market Trends
        8.4.2 Market Forecast
    8.5    Others
        8.5.1 Market Trends
        8.5.2 Market Forecast 
9    Market Breakup by Region
    9.1    Eastern Norway
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Fjord Norway
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Northern Norway
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Southern Norway
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Trøndelag
        9.5.1 Market Trends
        9.5.2 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
12    Porters Five Forces Analysis

    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Analysis
14    Policy and Regulatory Landscape
15    Competitive Landscape

    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players

List of Figures

Figure 1: Norway: Aquaculture Market: Major Drivers and Challenges
Figure 2: Norway: Aquaculture Market: Volume Trends (in ‘000 Tons), 2016-2021
Figure 3: Norway: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 4: Norway: Aquaculture Market: Breakup by Fish Type (in %), 2021
Figure 5: Norway: Aquaculture Market: Breakup by Environment (in %), 2021
Figure 6: Norway: Aquaculture Market: Breakup by Distribution Channel (in %), 2021
Figure 7: Norway: Aquaculture Market: Breakup by Region (in %), 2021
Figure 8: Norway: Aquaculture (Freshwater Fish) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 9: Norway: Aquaculture (Freshwater Fish) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 10: Norway: Aquaculture (Molluscs) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 11: Norway: Aquaculture (Molluscs) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 12: Norway: Aquaculture (Crustaceans) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 13: Norway: Aquaculture (Crustaceans) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 14: Norway: Aquaculture (Other Fish Types) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 15: Norway: Aquaculture (Other Fish Types) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 16: Norway: Aquaculture (Fresh Water) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 17: Norway: Aquaculture (Fresh Water) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 18: Norway: Aquaculture (Marine Water) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 19: Norway: Aquaculture (Marine Water) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 20: Norway: Aquaculture (Brackish Water) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 21: Norway: Aquaculture (Brackish Water) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 22: Norway: Aquaculture (Traditional Retail) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 23: Norway: Aquaculture (Traditional Retail) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 24: Norway: Aquaculture (Supermarkets and Hypermarkets) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 25: Norway: Aquaculture (Supermarkets and Hypermarkets) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 26: Norway: Aquaculture (Specialized Retailers) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 27: Norway: Aquaculture (Specialized Retailers) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 28: Norway: Aquaculture (Online Stores) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 29: Norway: Aquaculture (Online Stores) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 30: Norway: Aquaculture (Other Distribution Channels) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 31: Norway: Aquaculture (Other Distribution Channels) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 32: Eastern Norway: Aquaculture Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 33: Eastern Norway: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 34: Fjord Norway: Aquaculture Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 35: Fjord Norway: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 36: Northern Norway: Aquaculture Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 37: Northern Norway: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 38: Southern Norway: Aquaculture Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 39: Southern Norway: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 40: Trøndelag: Aquaculture Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 41: Trøndelag: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 42: Norway: Aquaculture Industry: SWOT Analysis
Figure 43: Norway: Aquaculture Industry: Value Chain Analysis
Figure 44: Norway: Aquaculture Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Norway: Aquaculture Market: Key Industry Highlights, 2021 and 2027
Table 2: Norway: Aquaculture Market Forecast: Breakup by Fish Type (in ‘000 Tons), 2022-2027
Table 3: Norway: Aquaculture Market Forecast: Breakup by Environment (in ‘000 Tons), 2022-2027 
Table 4: Norway: Aquaculture Market Forecast: Breakup by Distribution Channel (in ‘000 Tons), 2022-2027
Table 5: Norway: Aquaculture Market Forecast: Breakup by Region (in ‘000 Tons), 2022-2027
Table 6: Norway: Aquaculture Market: Competitive Structure
Table 7: Norway: Aquaculture Market: Key Players


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