The aquaculture market share in Indonesia is expected to grow by post an incremental growth of 9240 thousand tons, progressing at a CAGR of 13% during the forecast period. The market is fragmented and the vendors are deploying growth strategies such as technological innovations to compete in the market. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers to provide growth projections and insights. This analytical examination of the market will enable businesses to plan and set the path for future growth prospects. Unlock Free Sample Analysis Report
The aquaculture market in Indonesia is segmented by product (freshwater fish, crustacean, milkfish, and others), environment (freshwater, brackish water, and marine water), geography (Java, Sumatra, Sulawesi, Kalimantan, and rest of Indonesia (ROI)). The increasing popularity of new aquaculture species is the major aquaculture market trend that will positively influence market growth.
The Indonesian aquaculture market growth in the freshwater fish segment will be significant forecast period. The growth of the segment is attributed to the factors such as the easy cultivation of freshwater fish and the high demand from rural areas.
The aquaculture market report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.
The rising awareness about the health benefits of aquaculture products is one of the primary factors driving the growth of the aquaculture market in Indonesia. However, stringent regulations are the major challenges that will need to be overcome to drive growth. The Indonesian aquaculture market report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable businesses to leverage growth opportunities.
The market is fragmented due to the presence of several players. PT Bumi Menara Internusa, PT CENTRAL PROTEINA PRIMA Tbk, PT Dharma Samudera Fishing Industries Tbk, PT Expravet Nasuba, PT Japfa Comfeed Indonesia Tbk, PT Mega Marine Pride, Regal Springs, Shandong Oriental Ocean Group Ltd., Shenzhen Liancheng Ocean Fishery Co. Ltd., and Tassal Group Ltd. are some of the major aquaculture market vendors in Indonesia.
The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
The research report provides insights into the top market player and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities Download the Free PDF Sample Report
