Aquaculture Companies: Growth Projections and Market Leaders by 2030

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.

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Dec 30, 2024 - 12:35
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Aquaculture Companies: Growth Projections and Market Leaders by 2030

Aquaculture Companies Overview:

Aquaculture, also known as fish farming, involves the regulated breeding, rearing, and cultivation of aquatic species such as fish, shellfish, algae, and other organisms in controlled environments, including coastal waters, freshwater ponds, rivers, and on-land tanks. This industry supports agricultural productivity, habitat restoration, and conservation of endangered species while contributing to global food security. Aquaculture optimizes natural resources, minimizes waste through sustainable feed production, and ensures a stable reproductive environment for aquatic species, making it a critical solution for meeting the rising demand for protein-rich diets driven by growing populations and urbanization.

What are Aquaculture Companies Dynamics?

The aquaculture market is driven by rising urbanization, increasing disposable incomes, and the growing demand for protein-rich diets, making aquaculture an essential contributor to global food security. Technological advancements have improved sustainability, disease monitoring, and feed efficiency, further boosting productivity. However, challenges such as environmental concerns, overfishing, food safety issues, and disease outbreaks pose significant barriers to growth. Despite these challenges, innovative practices like rice-fish culture present growth opportunities by offering a symbiotic farming approach that enhances resource efficiency and ecosystem health.

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Aquaculture Companies Trends:

Key trends in the aquaculture market include the adoption of advanced technologies like automated monitoring systems, precision aquaculture, and biosecurity measures to optimize production efficiency and minimize environmental impacts. Sustainable practices, including integrated multi-trophic aquaculture (IMTA) and eco-friendly feed solutions, are gaining traction to address environmental concerns and ensure long-term viability. Additionally, there is an increasing emphasis on traceability and certification standards to enhance transparency, meet food safety regulations, and build consumer trust in aquaculture products worldwide.

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

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Segmentation

by Type

Fish
Carps
Mollusks
Crustaceans
Mackerel
Sea bream
Others

by Water Environment

Marine Water
Fresh Water
Brackish Water

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Regional Analysis

In addition to describing significant market participants, the study examines market drivers, opportunities, and problems in key regions:

  • North America: the United States, Canada, and Mexico.
  • Europe: France, Italy, Spain, Germany, Sweden, Austria, the United Kingdom, and other countries are significant.
  • The Asia-Pacific region includes China, India, Japan, South Korea, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, and Pakistan, among other nations.
  • The Middle East Africa region includes South Africa, Egypt, Nigeria, the GCC countries, and other nations.
  • South America: concentrates on the markets in Argentina, Brazil, and Colombia.

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