Global aquaculture market will reach $411.04 billion by 2030, growing by 5.6% annually over 2020-2030 considering the impact of COVID-19 pandemic. The market is driven by the rapid urbanization, increasing disposable incomes, as well as increasing fitness quotient. In terms of demand volume (million tons), the market will grow at a 2020-2030 CAGR of 4.9%.
Highlighted with 89 tables and 88 figures, this 165-page report “Global Aquaculture Market 2020-2030 by Nature (Inland & Inshore, Offshore), Species, Environment (Marine Water, Fresh Water, Brackish Water), and Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global aquaculture market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2030 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global aquaculture market in every aspect of the classification from perspectives of Nature, Species, Environment, and Region.
Based on Nature, the global market is segmented into the following sub-markets with annual revenue ($ mn) and demand volume (million tons) for 2019-2030 included in each section.
• Inland & Inshore Aquaculture
• Offshore Aquaculture
Based on Species, the global market is segmented into the following sub-markets with annual revenue ($ mn) and demand volume (million tons) for 2019-2030 included in each section.
• Carps
• Mollusks
• Crustaceans
• Mackerels
• Sea Bream
• Milkfish
• Salmon
• Sea Brass
• Trout
• Aquatic Plants
• Other Species
Based on Environment, the global market is segmented into the following sub-markets with annual revenue ($ mn) and demand volume (million tons) for 2019-2030 included in each section.
• Marine Water
• Fresh Water
• Brackish Water
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Norway, UK, France, Spain, Iceland, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Germany, Denmark, Italy, and Finland)
• APAC (Japan, China, Philippines, Vietnam, Indonesia, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, India, South Korea, New Zealand, Australia, Taiwan, and Thailand)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Egypt, Turkey, South Africa)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Nature, Species, and Environment over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Key Players (this may not be a complete list and extra companies can be added upon request):
Alpha Group Ltd
Aquaculture Technologies Asia Limited
Cermaq Group as (Mitsubishi Corporation)
Cooke Aquaculture Inc
Eastern Fish Co.
Leroy Seafood Group Asa (Leroy)
Marine Harvest Asa (Marine)
Nippon Suisan Kaisha, Ltd.
Nireus Aquaculture SA
P/F Bakkafrost (Bakkafrost)
Shandong Homey Aquatic Development Co., Ltd.
Shanghai Kaichuang Marine International Co., Ltd.
Stolt-Nielsen Limited
Tassal Group Limited (Tassal)
Thai Union Group plc (Thai Union)
Zhangzidao Group
Zhanjiang Guolian Aquatic Products Co., Ltd.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 26
2.2 Major Growth Drivers 28
2.3 Market Restraints and Challenges 33
2.4 Emerging Opportunities and Market Trends 36
2.5 Porter’s Fiver Forces Analysis 40
3 Segmentation of Global Market by Nature 44
3.1 Market Overview by Nature 44
3.2 Inland & Inshore Aquaculture 47
3.3 Offshore Aquaculture 48
4 Segmentation of Global Market by Species 49
4.1 Market Overview by Species 49
4.2 Carps 53
4.3 Mollusks 54
4.4 Crustaceans 55
4.5 Mackerels 56
4.6 Sea Bream 57
4.7 Milkfish 58
4.8 Salmon 59
4.9 Sea Brass 60
4.10 Trout 61
4.11 Aquatic Plants 62
4.12 Other Species 63
5 Segmentation of Global Market by Environment 64
5.1 Market Overview by Environment 64
5.2 Marine Water 67
5.3 Fresh Water 68
5.4 Brackish Water 69
6 Segmentation of Global Market by Region 70
6.1 Geographic Market Overview 2019-2030 70
6.2 North America Market 2019-2030 by Country 75
6.2.1 Overview of North America Market 75
6.2.2 U.S. 79
6.2.3 Canada 82
6.2.4 Mexico 84
6.3 European Market 2019-2030 by Country 86
6.3.1 Overview of European Market 86
6.3.2 Norway 90
6.3.3 U.K. 92
6.3.4 France 94
6.3.5 Spain 96
6.3.6 Iceland 98
6.3.7 Russia 100
6.3.8 Rest of European Market 102
6.4 Asia-Pacific Market 2019-2030 by Country 104
6.4.1 Overview of Asia-Pacific Market 104
6.4.2 Japan 108
6.4.3 China 111
6.4.4 Philippines 113
6.4.5 Indonesia 115
6.4.6 Vietnam 117
6.4.7 Rest of APAC Region 119
6.5 South America Market 2019-2030 by Country 121
6.5.1 Argentina 125
6.5.2 Brazil 127
6.5.3 Chile 129
6.5.4 Rest of South America Market 131
6.6 MEA Market 2019-2030 by Country 132
6.6.1 Egypt 136
6.6.2 Turkey 138
6.6.3 South Africa 140
6.6.4 Other National Markets 142
7 Competitive Landscape 143
7.1 Overview of Key Vendors 143
7.2 New Product Launch, Partnership, Investment, and M&A 146
7.3 Company Profiles 147
Alpha Group Ltd 147
Aquaculture Technologies Asia Limited 149
Cermaq Group as (Mitsubishi Corporation) 150
Cooke Aquaculture Inc 151
Eastern Fish Co. 152
Leroy Seafood Group Asa (Leroy) 153
Marine Harvest Asa (Marine) 154
Nippon Suisan Kaisha, Ltd. 155
Nireus Aquaculture SA 156
P/F Bakkafrost (Bakkafrost) 157
Shandong Homey Aquatic Development Co., Ltd. 158
Shanghai Kaichuang Marine International Co., Ltd. 159
Stolt-Nielsen Limited 160
Tassal Group Limited (Tassal) 161
Thai Union Group plc (Thai Union) 162
Zhangzidao Group 163
Zhanjiang Guolian Aquatic Products Co., Ltd. 164
RELATED REPORTS 165
List of Figures:
Figure 1. Research Method Flow Chart 13
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2019-2030 18
Figure 4. Global Aquaculture Market by Demand Value, 2019-2030, $ mn 21
Figure 5. Global Aquaculture Market by Demand Volume, 2019-2030, million tons 22
Figure 6. Impact of COVID-19 on Business 26
Figure 7. Primary Drivers and Impact Factors of Global Aquaculture Market 28
Figure 8. World Capture Fisheries and Aquaculture Production, 1990-2030, million tons 31
Figure 9. Primary Restraints and Impact Factors of Global Aquaculture Market 33
Figure 10. Investment Opportunity Analysis 37
Figure 11. Porter’s Fiver Forces Analysis of Global Aquaculture Market 40
Figure 12. Breakdown of Global Aquaculture Market by Nature, 2019-2030, % of Revenue 45
Figure 13. Global Addressable Market Cap in 2021-2030 by Nature, Value ($ mn) and Share (%) 45
Figure 14. Breakdown of Global Aquaculture Market by Nature, 2019-2030, % of Demand Volume 46
Figure 15. Global Addressable Market Cap in 2021-2030 by Nature, Demand Volume (million tons) and Share (%) 46
Figure 16. Global Aquaculture Market by Nature: Inland & Inshore Aquaculture, 2019-2030, $ mn 47
Figure 17. Global Aquaculture Market by Nature: Offshore Aquaculture, 2019-2030, $ mn 48
Figure 18. Breakdown of Global Aquaculture Market by Species, 2019-2030, % of Sales Revenue 51
Figure 19. Global Addressable Market Cap in 2021-2030 by Species, Value ($ mn) and Share (%) 51
Figure 20. Breakdown of Global Aquaculture Market by Species, 2019-2030, % of Demand Volume 52
Figure 21. Global Addressable Market Cap in 2021-2030 by Species, Demand Volume (million tons) and Share (%) 52
Figure 22. Global Aquaculture Market by Species: Carps, 2019-2030, $ mn 53
Figure 23. Global Aquaculture Market by Species: Mollusks, 2019-2030, $ mn 54
Figure 24. Global Aquaculture Market by Species: Crustaceans, 2019-2030, $ mn 55
Figure 25. Global Aquaculture Market by Species: Mackerels, 2019-2030, $ mn 56
Figure 26. Global Aquaculture Market by Species: Sea Bream, 2019-2030, $ mn 57
Figure 27. Global Aquaculture Market by Species: Milkfish, 2019-2030, $ mn 58
Figure 28. Global Aquaculture Market by Species: Salmon, 2019-2030, $ mn 59
Figure 29. Global Aquaculture Market by Species: Sea Brass, 2019-2030, $ mn 60
Figure 30. Global Aquaculture Market by Species: Trout, 2019-2030, $ mn 61
Figure 31. Global Aquaculture Market by Species: Aquatic Plants, 2019-2030, $ mn 62
Figure 32. Global Aquaculture Market by Species: Other Species, 2019-2030, $ mn 63
Figure 33. Breakdown of Global Aquaculture Market by Environment, 2019-2030, % of Sales Revenue 65
Figure 34. Global Addressable Market Cap in 2021-2030 by Environment, Value ($ mn) and Share (%) 65
Figure 35. Breakdown of Global Aquaculture Market by Environment, 2019-2030, % of Demand Volume 66
Figure 36. Global Addressable Market Cap in 2021-2030 by Environment, Demand Volume (million tons) and Share (%) 66
Figure 37. Global Aquaculture Market by Environment: Marine Water, 2019-2030, $ mn 67
Figure 38. Global Aquaculture Market by Environment: Fresh Water, 2019-2030, $ mn 68
Figure 39. Global Aquaculture Market by Environment: Brackish Water, 2019-2030, $ mn 69
Figure 40. Global Market Snapshot by Region 70
Figure 41. Geographic Spread of Worldwide Aquaculture Market, 2019-2030, % of Sales Revenue 71
Figure 42. Geographic Spread of Worldwide Aquaculture Market, 2019-2030, % of Demand Volume 72
Figure 43. Global Addressable Market Cap in 2021-2030 by Region, Value ($ mn) and Share (%) 73
Figure 44. Global Addressable Market Cap in 2021-2030 by Region, Demand Volume (million tons) and Share (%) 73
Figure 45. North American Aquaculture Market, 2019-2030, $ mn 76
Figure 46. Breakdown of North America Aquaculture Market by Country, 2019 and 2030, % of Revenue 76
Figure 47. Contribution to North America 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 78
Figure 48. Contribution to North America 2021-2030 Cumulative Market by Country, Demand Volume (million tons) and Share (%) 78
Figure 49. U.S. Aquaculture Market, 2019-2030, $ mn 80
Figure 50. Canada Aquaculture Market, 2019-2030, $ mn 82
Figure 51. Aquaculture Market in Mexico, 2019-2030, $ mn 84
Figure 52. European Aquaculture Market, 2019-2030, $ mn 87
Figure 53. Breakdown of European Aquaculture Market by Country, 2019 and 2030, % of Revenue 87
Figure 54. Contribution to Europe 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 89
Figure 55. Contribution to Europe 2021-2030 Cumulative Market by Country, Demand Volume (million tons) and Share (%) 89
Figure 56. Aquaculture Market in Norway, 2019-2030, $ mn 90
Figure 57. Aquaculture Market in U.K., 2019-2030, $ mn 92
Figure 58. Aquaculture Market in France, 2019-2030, $ mn 94
Figure 59. Aquaculture Market in Spain, 2019-2030, $ mn 96
Figure 60. Aquaculture Market in Iceland, 2019-2030, $ mn 98
Figure 61. Aquaculture Market in Russia, 2019-2030, $ mn 100
Figure 62. Aquaculture Market in Rest of Europe, 2019-2030, $ mn 102
Figure 63. Asia-Pacific Aquaculture Market, 2019-2030, $ mn 105
Figure 64. Breakdown of APAC Aquaculture Market by Country, 2019 and 2030, % of Revenue 105
Figure 65. Contribution to APAC 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 107
Figure 66. Contribution to APAC 2021-2030 Cumulative Market by Country, Demand Volume (million tons) and Share (%) 107
Figure 67. Aquaculture Market in Japan, 2019-2030, $ mn 109
Figure 68. Aquaculture Market in China, 2019-2030, $ mn 111
Figure 69. Aquaculture Market in Philippines, 2019-2030, $ mn 113
Figure 70. Aquaculture Market in Indonesia, 2019-2030, $ mn 115
Figure 71. Aquaculture Market in Vietnam, 2019-2030, $ mn 117
Figure 72. Aquaculture Market in Rest of APAC, 2019-2030, $ mn 119
Figure 73. South America Aquaculture Market, 2019-2030, $ mn 122
Figure 74. Breakdown of South America Aquaculture Market by Country, 2019 and 2030, % of Revenue 122
Figure 75. Contribution to South America 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 124
Figure 76. Contribution to South America 2021-2030 Cumulative Market by Country, Demand Volume (million tons) and Share (%) 124
Figure 77. Aquaculture Market in Argentina, 2019-2030, $ mn 125
Figure 78. Aquaculture Market in Brazil, 2019-2030, $ mn 127
Figure 79. Aquaculture Market in Chile, 2019-2030, $ mn 129
Figure 80. Aquaculture Market in Rest of South America, 2019-2030, $ mn 131
Figure 81. Aquaculture Market in Middle East and Africa (MEA), 2019-2030, $ mn 133
Figure 82. Breakdown of MEA Aquaculture Market by Country, 2019 and 2030, % of Revenue 133
Figure 83. Contribution to MEA 2021-2030 Cumulative Market by Country, Value ($ mn) and Share (%) 135
Figure 84. Contribution to MEA 2021-2030 Cumulative Market by Country, Demand Volume (million tons) and Share (%) 135
Figure 85. Aquaculture Market in Egypt, 2019-2030, $ mn 136
Figure 86. Aquaculture Market in Turkey, 2019-2030, $ mn 138
Figure 87. Aquaculture Market in South Africa, 2019-2030, $ mn 140
Figure 88. Growth Stage of Global Aquaculture Industry over the Forecast Period 143
