Fish Farming Market size was valued at US$ 337.99 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 5.8% through 2023 to 2029, reaching nearly US$ 501.54 Bn.
Fish Farming Market Overview:
The Fish Farming Market analysis provides a comprehensive picture of competition, including the market share and company profiles of the worldwide industry’s top rivals. The research scope covers a complete analysis of the Fish Farming Market, as well as the causes for variances in the industry’s growth in various places.
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Fish Farming Market Scope:
To identify and collect material suitable for this study, this research study makes considerable use of secondary sources, directories, and databases, such as annual reports, press releases, journals, corporate websites, and databases.
Fish Farming Market Drivers:
Changes in people’s food consumption habits all around the world have contributed to the rise of the fish farming market. Consumers find it convenient to purchase packaged fish farming due to the increase of the retail market and easy availability of the product through multiple sales channels, which drives sales figures. Fish aquaculture is currently a requirement to meet food demand and supply. This industry raises fish in a clean environment to ensure that they are of excellent quality and disease-free. Fish farming is also used by companies to help save species that are on the edge of extinction. These are the key factor that drives the growth in the global market during the forecast period 2023-2029.
The surge in vegetarianism and strict laws against animal cruelty are the major factor that hampers the growth of the global fish farming market during the forecast period. On the contrary, the global fish farming industry is expected to benefit from the surge in popularity of protein-rich diets.
Fish Farming Market Segmentation:
by Environment
Freshwater
Marine Water
Brackish Water
by Fish Type
Fin Fish
Pompano
Snappers
Groupers
Salmon
Milkfish
Tuna
Tilapia
Sea Bream
Seabass
other
Others
Carps
Mackerels
Sea Bream
Trout
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Fish Farming Market Key Players: The key players are
1. Alpha Group Ltd.
2. Fish farming Technologies Asia Limited
3. Cermaq Group AS
4. Cooke Aquaculture
5. Leroy Seafood Group ASA
6. Marine Harvest ASA
7. Nippon Suisan Kaisha, Ltd.
8. P/F Bakkafrost
9. Tassal Group Limited
10.Thai Union Group PLC.
11.Nireus Aquaculture S.A.
12.Blue Ridge Aquaculture
13.The Waterbase Limited
14.Zeal Aqua
15.Selonda Aquaculture S.A.
16.Carter & Sons Ltd
17.NSF Certification UK Ltd
18.Mowi ASA
19.Grupo Farallon Fish farming
20.Stolt Sea Farm
Regional Analysis:
Individual market influencing elements and changes in market legislation that affect current and future market trends are also included in the regional component of the Fish Farming market study. Current and future trends are examined to assess the entire market potential and uncover profitable trends to get a more stable footing. The geographical market assessment is based on the present environment and expected developments.
Key Questions Answered in the Fish Farming Market Report are:
- Which sub-segment had the largest share in the Fish Farming market?
- How is the competitive landscape of the Fish Farming market in 2023?
- Which are the key drivers impacting the Fish Farming market growth?
- Which region holds the maximum share in the Fish Farming market?
- What will be the CAGR of the Fish Farming market during the forecast period (2023-2029)?
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