Aquaculture Market size was valued at US$ 42.06 Bn in 2023 and the total revenue is expected to grow at 6.9 % through 2024 to 2030, reaching nearly US$ 67.10 Bn. Aquaculture Market Characteristics: Xylem Inc. is a major American water technology company that works with public utilities, and domestic, commercial, agricultural, and industrial customers. Xylem Inc. had revenue of USD 4.876 Billion in 2022. The company's services include water and drainage pumps, filtration and disinfection equipment, heat exchangers, and detectors and meters, to name a few. Xylem's products are sold by about 35 major companies, including Flygt, Goulds, and Pure. Approximately half of its sales are manufactured in the United States.To know about the Research Methodology :- Request Free Sample Report
Aquaculture Market Overview:
The regulated breeding, rearing, extraction, and cultivation of fish, shellfish, algae, and other aquatic creatures is referred to as aquaculture or fish farming. Coastal ocean waters, freshwater ponds, rivers, and on-land tanks are the most common locations. This contributes to agricultural production, habitat restoration, and the creation of aquariums for endangered and threatened species. It also reduces waste by creating fish and shellfish feed, ensuring a stable and natural reproductive environment for aquatic species, and maximizing the use of agricultural and natural resources. Aquaculture also covers ornamental fish cultivation for commercial and recreational purposes.Aquaculture Market Dynamics:
The aquaculture market has been growing due to rising urbanization and personal income, resulting in increased demand for protein-rich meats. Its market acceptance is poor because it is a very new and unusual way of fish breeding for food. Another problem this sector faces is disease monitoring and feed supplies. Water flow issues, parasites, effluent contamination, handling fugitives, and improper culture conditions are just a few of the environmental protections that need to be addressed. Freshness, selection of goods, and awareness for food safety have all increased demand for high-grade products, as have social, ethical, and environmental credentials. This market's main growth prospect has been identified as rice-fish culture. Because fish have a safe and nurturing environment in packed rice plants, this strategy is regarded as an excellent way to combine rice and fish cultivations. Fish shield rice against parasites and help to circulate oxygen throughout the farm in compensation. However, factors such as overfishing, harmful impacts on the environment, and food safety concerns are restraining the market growth over the forecast period.Aquaculture Market Segment Analysis:
The global aquaculture market is segmented by type into various categories, each representing a different group of species cultivated for commercial purposes. The key types include fish, carp, mollusks, crustaceans, mackerel, sea bream, and others. By Type, Fish farming is the largest and most significant segment within the global aquaculture market. It involves the cultivation of various species such as salmon, tilapia, catfish, and trout, which are primarily raised for food consumption. As the global demand for protein-rich foods continues to rise, fish farming has become a vital solution to meet this growing need. The segment’s prominence stems from the high nutritional value of fish, which are rich in essential nutrients like omega-3 fatty acids, making them a popular dietary choice worldwide. Fish farming thrives in both freshwater and marine environments, offering flexibility for producers and ensuring a consistent supply of seafood. This segment benefits from advancements in aquaculture technology, improving sustainability and reducing reliance on wild fish stocks, which helps alleviate the pressures of overfishing. Additionally, fish farming’s scalability allows for efficient production to meet regional and global demands. With a market share of over 50%, fish farming plays a pivotal role in the aquaculture industry, driving economic growth in many coastal and rural areas. Its continued expansion is crucial for food security, employment generation, and maintaining ecological balance in marine ecosystems.Aquaculture Market Regional Insights:
Asia Pacific dominates the global Aquaculture market during the forecast period 2024-2030. Asia Pacific held the largest market share 41.34% in 2023. Due to an increase in demand for advanced and latest aquaculture products that help in producing more quality output with available land for aqua farming and enhance the efficiency of aquaculture operations. China is the leading market in this region and is expected due to cheap labor, appropriate climatic conditions, and availability of natural resources in this region. Moreover, factors such as technological innovations in this region and development in cultivation as per regional climatic conditions are expected to create lucrative opportunities for the market in this region. APAC is followed by North America and Europe. North America is expected to grow at a higher CAGR of xx% over the forecast period owing to the strong support from both the U.S. and Canadian governments for its expansion. The species substantially contributing to the industry growth include salmonids and mollusks, especially hard clams, oysters, and mussels. The objective of the report is to present a comprehensive analysis of the global Aquaculture Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the global Aquaculture Market dynamic, and structure by analyzing the market segments and projecting the global Aquaculture Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Aquaculture Market make the report an investor’s guide.Global Aquaculture Market Scope: Inquire before buying
Global Aquaculture Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: USD 42.06 Billion. Forecast Period 2024 to 2030 CAGR: 6.9% Market Size in 2030: USD 67.10 Billion. Segments Covered: by Type Fish Carps Mollusks Crustaceans Mackerel Sea bream Others by Water Environment Marine Water Fresh Water Brackish Water Global Aquaculture Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Global Aquaculture Market Key Players
1. Pentair plc. 2. AKVA Group 3. Xylem Inc. 4. Aquaculture Equipment Ltd. 5. Pioneer Group 6. FREA Aquaculture Solutions 7. Lifegard Aquatics 8. Tan International Ltd 9. Reef Industries, Inc. 10. Aquafarm Equipment AS 11. Aquaculture of Texas, Inc. 12. JBS S.A. 13. Tyson Foods Inc 14. Skretting 15. Huon Aquaculture Group 16. Zeigler Bros., Inc. 17. Ridley Corporation Limited 18. Empresas AquaChile S.A. 19. Grobest Group 20. Others Key Player Frequently Asked Questions: 1. Which region has the largest share in the Global Aquaculture Market? Ans: Asia Pacific region held the highest share in 2023. 2. What is the growth rate of the Global Aquaculture Market? Ans: The Global Aquaculture Market is growing at a CAGR of 6.9% during forecasting period 2024-2030. 3. What is scope of the Global Aquaculture market report? Ans: Global Aquaculture Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in the Global Aquaculture market? Ans: The important key players in the Global Aquaculture Market are – Pentair plc., AKVA Group, Xylem Inc., Aquaculture Equipment Ltd., Aquaculture System Technologies, LLC,, Luxsol, Pioneer Group, CPI Equipment Inc., Asakua, FREA Aquaculture Solutions, Lifegard Aquatics, Tan International Ltd, Reef Industries, Inc., Aquafarm Equipment AS, Aquaculture of Texas, Inc., WH Group, JBS S.A., Smithfield Foods, Triumph Foods, Danish Crown, Tyson Foods Inc., Yurun Group, and Vion Food Group Ltd. 5. What is the study period of this market? Ans: The Global Aquaculture Market is studied from 2023 to 2030.
1. Aquaculture Market: Research Methodology 2. Aquaculture Market Introduction 2.1 Study Assumption and Market Definition 2.2 Scope of the Study 2.3 Executive Summary 3. Global Aquaculture Market: Competitive Landscape 3.1 MMR Competition Matrix 3.2 Competitive Landscape 3.3 Key Players Benchmarking 3.3.1 Company Name 3.3.2 Product Segment 3.3.3 Distribution Channel Segment 3.3.4 Revenue (2023) 3.3.5 Manufacturing Locations 3.4 Market Structure 3.4.1 Market Leaders 3.4.2 Market Followers 3.4.3 Emerging Players 3.5 Mergers and Acquisitions Details 4. Aquaculture Market: Dynamics 4.1 Aquaculture Market Trends 4.2 Aquaculture Market Dynamics 4.2.1 Drivers 4.2.2 Restraints 4.2.3 Opportunities 4.2.4 Challenges 4.3 PORTER’s Five Forces Analysis 4.3.1 Bargaining Power of Suppliers 4.3.2 Bargaining Power of Buyers 4.3.3 Threat Of New Entrants 4.3.4 Threat Of Substitutes 4.3.5 Intensity Of Rivalry 4.4 PESTLE Analysis 4.5 Value Chain Analysis 4.6 Regulatory Landscape by Region 4.6.1 North America 4.6.2 Europe 4.6.3 Asia Pacific 4.6.4 Middle East and Africa 4.6.5 South America 4.7 Technological Road Map 4.8 Startup Evaluation 4.8.1 Opportunities Analysis 4.8.2 Financial Health and Immediate Risk 4.8.3 Short-term and Long-term Goal Analysis 5. Global Aquaculture Market: Global Market Size and Forecast by Segmentation (Value) (2023-2030) 5.1 Global Aquaculture Market Size and Forecast, By Type (2023-2030) 5.1.1 Fish 5.1.2 Carps 5.1.3 Mollusks 5.1.4 Crustaceans 5.1.5 Mackerel 5.1.6 Sea bream 5.1.7 Others 5.2 Global Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 5.2.1 Marine Water 5.2.2 Fresh Water 5.2.3 Brackish Water 5.3 Global Aquaculture Market Size and Forecast, by Region (2023-2030) 5.3.1 North America 5.3.2 Europe 5.3.3 Asia Pacific 5.3.4 Middle East and Africa 5.3.5 South America 6. North America Aquaculture Market Size and Forecast by Segmentation (Value) (2023-2030) 6.1 North America Aquaculture Market Size and Forecast, By Type (2023-2030) 6.1.1 Fish 6.1.2 Carps 6.1.3 Mollusks 6.1.4 Crustaceans 6.1.5 Mackerel 6.1.6 Sea bream 6.1.7 Others 6.2 North America Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 6.2.1 Marine Water 6.2.2 Fresh Water 6.2.3 Brackish Water 6.3 North America Aquaculture Market Size and Forecast, by Country (2023-2030) 6.3.1 United States 6.3.1.1 United States Aquaculture Market Size and Forecast, By Type (2023-2030) 6.3.1.1.1 Fish 6.3.1.1.2 Carps 6.3.1.1.3 Mollusks 6.3.1.1.4 Crustaceans 6.3.1.1.5 Mackerel 6.3.1.1.6 Sea bream 6.3.1.1.7 Others 6.3.1.2 United States Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 6.3.1.2.1 Marine Water 6.3.1.2.2 Fresh Water 6.3.1.2.3 Brackish Water 6.3.2 Canada 6.3.2.1 Canada Aquaculture Market Size and Forecast, By Type (2023-2030) 6.3.2.1.1 Fish 6.3.2.1.2 Carps 6.3.2.1.3 Mollusks 6.3.2.1.4 Crustaceans 6.3.2.1.5 Mackerel 6.3.2.1.6 Sea bream 6.3.2.1.7 Others 6.3.2.2 Canada Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 6.3.2.2.1 Marine Water 6.3.2.2.2 Fresh Water 6.3.2.2.3 Brackish Water 6.3.2.2.3.1 6.3.3 Mexico 6.3.3.1 Mexico Aquaculture Market Size and Forecast, By Type (2023-2030) 6.3.3.1.1 Fish 6.3.3.1.2 Carps 6.3.3.1.3 Mollusks 6.3.3.1.4 Crustaceans 6.3.3.1.5 Mackerel 6.3.3.1.6 Sea bream 6.3.3.1.7 Others 6.3.3.2 Mexico Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 6.3.3.2.1 Marine Water 6.3.3.2.2 Fresh Water 6.3.3.2.3 Brackish Water 7. Europe Aquaculture Market Size and Forecast by Segmentation (Value) (2023-2030) 7.1 Europe Aquaculture Market Size and Forecast, By Type (2023-2030) 7.2 Europe Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 7.3 Europe Aquaculture Market Size and Forecast, by Country (2023-2030) 7.3.1 United Kingdom 7.3.1.1 United Kingdom Aquaculture Market Size and Forecast, By Type (2023-2030) 7.3.1.2 United Kingdom Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 7.3.2 France 7.3.2.1 France Aquaculture Market Size and Forecast, By Type (2023-2030) 7.3.2.2 France Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 7.3.3 Germany 7.3.3.1 Germany Aquaculture Market Size and Forecast, By Type (2023-2030) 7.3.3.2 Germany Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 7.3.4 Italy 7.3.4.1 Italy Aquaculture Market Size and Forecast, By Type (2023-2030) 7.3.4.2 Italy Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 7.3.5 Spain 7.3.5.1 Spain Aquaculture Market Size and Forecast, By Type (2023-2030) 7.3.5.2 Spain Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 7.3.6 Sweden 7.3.6.1 Sweden Aquaculture Market Size and Forecast, By Type (2023-2030) 7.3.6.2 Sweden Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 7.3.7 Austria 7.3.7.1 Austria Aquaculture Market Size and Forecast, By Type (2023-2030) 7.3.7.2 Austria Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 7.3.8 Rest of Europe 7.3.8.1 Rest of Europe Aquaculture Market Size and Forecast, By Type (2023-2030) 7.3.8.2 Rest of Europe Aquaculture Market Size and Forecast, By Water Environment (2023-2030). 8. Asia Pacific Aquaculture Market Size and Forecast by Segmentation (Value) (2023-2030) 8.1 Asia Pacific Aquaculture Market Size and Forecast, By Type (2023-2030) 8.2 Asia Pacific Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 8.3 Asia Pacific Aquaculture Market Size and Forecast, by Country (2023-2030) 8.3.1 China 8.3.1.1 China Aquaculture Market Size and Forecast, By Type (2023-2030) 8.3.1.2 China Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 8.3.2 South Korea 8.3.2.1 S Korea Aquaculture Market Size and Forecast, By Type (2023-2030) 8.3.2.2 S Korea Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 8.3.3 Japan 8.3.3.1 Japan Aquaculture Market Size and Forecast, By Type (2023-2030) 8.3.3.2 Japan Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 8.3.4 India 8.3.4.1 India Aquaculture Market Size and Forecast, By Type (2023-2030) 8.3.4.2 India Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 8.3.5 Australia 8.3.5.1 Australia Aquaculture Market Size and Forecast, By Type (2023-2030) 8.3.5.2 Australia Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 8.3.6 Indonesia 8.3.6.1 Indonesia Aquaculture Market Size and Forecast, By Type (2023-2030) 8.3.6.2 Indonesia Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 8.3.7 Malaysia 8.3.7.1 Malaysia Aquaculture Market Size and Forecast, By Type (2023-2030) 8.3.7.2 Malaysia Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 8.3.8 Vietnam 8.3.8.1 Vietnam Aquaculture Market Size and Forecast, By Type (2023-2030) 8.3.8.2 Vietnam Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 8.3.9 Taiwan 8.3.9.1 Taiwan Aquaculture Market Size and Forecast, By Type (2023-2030) 8.3.9.2 Taiwan Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 8.3.10 Bangladesh 8.3.10.1 Bangladesh Aquaculture Market Size and Forecast, By Type (2023-2030) 8.3.10.2 Bangladesh Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 8.3.11 Pakistan 8.3.11.1 Pakistan Aquaculture Market Size and Forecast, By Type (2023-2030) 8.3.11.2 Pakistan Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 8.3.12 Rest of Asia Pacific 8.3.12.1 Rest of Asia Pacific Aquaculture Market Size and Forecast, By Type (2023-2030) 8.3.12.2 Rest of Asia Pacific Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 9. Middle East and Africa Aquaculture Market Size and Forecast by Segmentation (Value) (2023-2030) 9.1 Middle East and Africa Aquaculture Market Size and Forecast, By Type (2023-2030) 9.2 Middle East and Africa Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 9.3 Middle East and Africa Aquaculture Market Size and Forecast, by Country (2023-2030) 9.3.1 South Africa 9.3.1.1 South Africa Aquaculture Market Size and Forecast, By Type (2023-2030) 9.3.1.2 South Africa Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 9.3.2 GCC 9.3.2.1 GCC Aquaculture Market Size and Forecast, By Type (2023-2030) 9.3.2.2 GCC Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 9.3.3 Egypt 9.3.3.1 Egypt Aquaculture Market Size and Forecast, By Type (2023-2030) 9.3.3.2 Egypt Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 9.3.4 Nigeria 9.3.4.1 Nigeria Aquaculture Market Size and Forecast, By Type (2023-2030) 9.3.4.2 Nigeria Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 9.3.5 Rest of ME&A 9.3.5.1 Rest of ME&A Aquaculture Market Size and Forecast, By Type (2023-2030) 9.3.5.2 Rest of ME&A Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 10. South America Aquaculture Market Size and Forecast by Segmentation (Value) (2023-2030) 10.1 South America Aquaculture Market Size and Forecast, By Type (2023-2030) 10.2 South America Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 10.3 South America Aquaculture Market Size and Forecast, by Country (2023-2030) 10.3.1 Brazil 10.3.1.1 Brazil Aquaculture Market Size and Forecast, By Type (2023-2030) 10.3.1.2 Brazil Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 10.3.2 Argentina 10.3.2.1 Argentina Aquaculture Market Size and Forecast, By Type (2023-2030) 10.3.2.2 Argentina Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 10.3.3 Rest Of South America 10.3.3.1 Rest Of South America Aquaculture Market Size and Forecast, By Type (2023-2030) 10.3.3.2 Rest Of South America Aquaculture Market Size and Forecast, By Water Environment (2023-2030) 11. Company Profile: Key Players 11.1 Pentair plc 11.1.1 Company Overview 11.1.2 Business Portfolio 11.1.3 Financial Overview 11.1.4 SWOT Analysis 11.1.5 Strategic Analysis 11.1.6 Scale of Operation (small, medium, and large) 11.1.7 Details on Partnership 11.1.8 Regulatory Accreditations and Certifications Received by Them 11.1.9 Awards Received by the Firm 11.1.10 Recent Developments 11.2 AKVA Group 11.3 Xylem Inc. 11.4 Aquaculture Equipment Ltd. 11.5 Pioneer Group 11.6 FREA Aquaculture Solutions 11.7 Lifegard Aquatics 11.8 Tan International Ltd 11.9 Reef Industries, Inc. 11.10 Aquafarm Equipment AS 11.11 Aquaculture of Texas, Inc. 11.12 JBS S.A. 11.13 Tyson Foods Inc 11.14 Skretting 11.15 Huon Aquaculture Group 11.16 Zeigler Bros., Inc. 11.17 Ridley Corporation Limited 11.18 Empresas AquaChile S.A. 11.19 Grobest Group 11.20 Others Key Player. 12. Key Findings and Analyst Recommendations 13. Terms and Glossary
