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

Market Overview:

The South Korea aquaculture market is expected to exhibit a CAGR of 6.20% 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 includes cultivating fish, shellfish, algae, and other aquatic organisms. It involves various marine and freshwater activities, including regular stocking, feeding and protecting aquatic organisms from predators. It provides an efficient solution to meet the growing need for the increased production of animal protein while playing a vital role in meeting the global food requirement. It includes several semi-intensive and intensive farms with professionalization and modernization practices to increase the overall production in a sustainable manner. It also minimizes waste generation and ensures optimum utilization of agricultural and natural resources.

South Korea Aquaculture Market Trends:

The market in South Korea is primarily driven by the significantly increasing consumption of seafood. Furthermore, the rising demand for frozen and ready-to-eat aquaculture products, such as squid, mackerels, sailfin sandfish, and salmon, across the country is providing a boost to the market growth. Besides this, the government of South Korea has prepared a long-term aquaculture development program to provide a thrust to aquaculture activities, thus creating a positive outlook for the market. Additionally, the growing demand for organic product variants and inflating disposable income levels of the masses are further bolstering the market growth. Other factors, including the rapid expansion of the retail distribution channels and an enhanced focus on sustainable development, are also providing an impetus to market growth.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the South Korea 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:

  • 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:

  • East
  • West
  • Southwest
  • Southeast
     

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 East, West, Southwest, Southeast
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 South Korea aquaculture market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the South Korea 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 South Korea 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    South Korea 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    East
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    West
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Southwest
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Southeast
        9.4.1 Market Trends
        9.4.2 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: South Korea: Aquaculture Market: Major Drivers and Challenges
Figure 2: South Korea: Aquaculture Market: Volume Trends (in ‘000 Tons), 2016-2021
Figure 3: South Korea: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 4: South Korea: Aquaculture Market: Breakup by Fish Type (in %), 2021
Figure 5: South Korea: Aquaculture Market: Breakup by Environment (in %), 2021
Figure 6: South Korea: Aquaculture Market: Breakup by Distribution Channel (in %), 2021
Figure 7: South Korea: Aquaculture Market: Breakup by Region (in %), 2021
Figure 8: South Korea: Aquaculture (Freshwater Fish) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 9: South Korea: Aquaculture (Freshwater Fish) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 10: South Korea: Aquaculture (Molluscs) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 11: South Korea: Aquaculture (Molluscs) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 12: South Korea: Aquaculture (Crustaceans) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 13: South Korea: Aquaculture (Crustaceans) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 14: South Korea: Aquaculture (Other Fish Types) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 15: South Korea: Aquaculture (Other Fish Types) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 16: South Korea: Aquaculture (Fresh Water) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 17: South Korea: Aquaculture (Fresh Water) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 18: South Korea: Aquaculture (Marine Water) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 19: South Korea: Aquaculture (Marine Water) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 20: South Korea: Aquaculture (Brackish Water) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 21: South Korea: Aquaculture (Brackish Water) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 22: South Korea: Aquaculture (Traditional Retail) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 23: South Korea: Aquaculture (Traditional Retail) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 24: South Korea: Aquaculture (Supermarkets and Hypermarkets) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 25: South Korea: Aquaculture (Supermarkets and Hypermarkets) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 26: South Korea: Aquaculture (Specialized Retailers) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 27: South Korea: Aquaculture (Specialized Retailers) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 28: South Korea: Aquaculture (Online Stores) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 29: South Korea: Aquaculture (Online Stores) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 30: South Korea: Aquaculture (Other Distribution Channels) Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 31: South Korea: Aquaculture (Other Distribution Channels) Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 32: East: Aquaculture Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 33: East: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 34: West: Aquaculture Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 35: West: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 36: Southwest: Aquaculture Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 37: Southwest: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 38: Southeast: Aquaculture Market: Volume Trends (in ‘000 Tons), 2016 & 2021
Figure 39: Southeast: Aquaculture Market Forecast: Volume Trends (in ‘000 Tons), 2022-2027
Figure 40: South Korea: Aquaculture Industry: SWOT Analysis
Figure 41: South Korea: Aquaculture Industry: Value Chain Analysis
Figure 42: South Korea: Aquaculture Industry: Porter’s Five Forces Analysis

List of Tables

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

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