Latest News- Aquaculture Market: Fresh water aquaculture is expected to lead the Type segment during 2025-2029

The Aquaculture Market is being driven by Rising awareness of aquaculture products

The Aquaculture Market is expected to grow at a CAGR of 7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 105967.9 million. The global aquaculture market is witnessing a significant trend of introducing novel aquatic species to cater to the escalating demand for protein-rich fish and seafood. Traditionally, the industry has concentrated on a select few species, such as salmon, shrimp, and tilapia. However, with the surging consumer preference for fish and seafood, there is a pressing need to broaden the scope of farmed species. This shift has resulted in the emergence of new aquaculture species, including barramundi, cobia, and yellowtail kingfish, which are gaining traction due to their exceptional nutritional profiles, distinct flavors, and burgeoning market appeal. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Fresh water aquaculture
  • Marine water aquaculture
  • Brackish water aquaculture
• Culture
  • Net pen culture
  • Floating cage culture
  • Pond culture
  • Rice field culture
• Geography
  • APAC
    • China
    • India
    • Japan
    • Thailand
    • Vietnam
  • North America
    • US
  • Europe
    • Germany
    • Norway
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising awareness of aquaculture products
• Popularity of polyculture farm methodology
• Increased presence of better aquaculture strains from different farming methods

However, the market also witnesses some limitations, which are as follows:

• Growing prevalence of pathogenic diseases among aquaculture species
• Rising levels of marine pollution
• Issues with maintaining standard product quality of seafood

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Market Scope in Aquaculture Market Research Report

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Research Analysis Overview

Aquaculture, also known as aqua farming, is the cultivation of aquatic animals, including fin fishes such as sea bass and carp, as well as mollusks, crabs, and seaweed, in controlled environments. This practice utilizes cultivable land and rearing processes like stocking, feeding, and caring for these animals to produce seafood. Seafood is a valuable source of protein, essential fatty acids, vitamins, minerals, and micronutrients, making it an essential part of human consumption. With population growth and technological advances, inland fish production through aquaculture has become increasingly important to meet the global demand for seafood.

Market Research Overview

In the agricultural sector, the market encompasses various segments, including agriculture, aquaculture, floriculture, and horticulture, as well as associated services. Aquaculture, a crucial component of this market, focuses on the cultivation of aquatic plants and animals, including fin fish like carp, mollusks, crustaceans, diadromous fish, freshwater fish, and marine fish. Pre-production in aquaculture entails careful species selection and comprehensive pond or land preparation, utilizing bioagricultural inputs such as feeds, fertilizers, and bio-pesticides to optimize growth and ensure a successful harvest. This stage sets the foundation for the subsequent value addition processes, making it a vital aspect of the aquaculture industry.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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Email: media@technavio.com
Website: www.technavio.com/