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Global Aquaculture Cage Market: By Type: Mariculture, Coastal Aquaculture, Freshwater Aquaculture; By Application: Fish, Molluscs, Crustacean, Others; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; Industry Events and Developments
Global Aquaculture Cage Market Outlook
The global aquaculture cage market is expected to grow at a CAGR of 4.6% during the period 2022-2027.
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Global Aquaculture Cage Market Likely to be Driven by Increased Demand for Aquatic Products
Rising fish consumption, depleting fish stocks and poor farm economy have led to increased focus on production of fish in cages. Further, several small farmers are considering alternatives to conventional agricultural crops. Aquaculture is a fast expanding industry and offers opportunities even on a smaller scale. Cage culture also provides farmers the opportunity to use existing water resources which would most likely be unusable or have limited use in other purposes. These factors are expected to drive the demand for aquaculture cages. North America, Europe and Asia are expected to be key markets.
Cage culture is indeed an intensive form of aquaculture; its advantages include: use of many water resources, such as ponds, strip pits, lakes, streams and rivers; low level of required investment; simplicity in sampling, feeding, observation and harvesting; and use of water resources for other activities such as stock watering or recreational fishing.
Fish may be cultured in ponds, raceways, recirculating systems or cages. In a cage or a net pen, fish or shellfish are confined in a mesh enclosure. By strict definition, A cage and a net pen may be strictly differentiated on the basis of construction. While a cage comprises a completely rigid frame on all sides, a net pen carries a rigid frame only close to the top. In practice, the terms ‘cage’ and ‘net pen’ are usually used interchangeably. Marine cages, despite having completely rigid frames, are frequently called net pens.
Generally, four types of cage are employed in cage aquaculture - fixed, floating, submersible and submerged. The fixed cage is the simplest and most extensively employed; it is used in shallow waters (depth of one to three meters). Fixed cage comprises net bag fitted to posts and is planted in the flow of streams, canals, rivers, rivulets, shallow lakes and reservoirs; it does not touch the bottom. While simple and relatively inexpensive, fixed cages have limited use. Floating cages are maintained by a floating frame in which the net bags remain suspended in water; these do not touch the bottom. Floating cages are employed generally in waters having a depth of over five meters. Floating cages come in a variety of shapes and sizes to fit the broad range of conditions of fish culture in open waters. Submersible cages carry net bags that remain suspended from the surface; these cages have changeable buoyancy, and may be flexible or rigid. Submerged net bags are attached to a solid and rugged frame, and are capable of being submerged under water. Their use, however, is limited.
Increasing Demand for Aquatic Products Likely to Boost Market Growth
Fish consumption is expected to increase significantly in developing as well as developed countries due to rapid growth in population, growing affluence and urbanization in emerging nations. The rising demand for fish protein is expected to stimulate the market for aquaculture cages.
Need and Search for Novel, Suitable Sites Expected to Contribute to Market Growth
Aquaculture production systems have witnessed a shift towards grouping of existing cages as well as advancements and usage of more intensive cage-farming systems. Indeed, need and search for apposite sites have led the cage aquaculture subsector to access and expand into novel, untapped open-water culture domains, like lakes, reservoirs, rivers and coastal brackish and marine offshore waters. These factors are expected to contribute to market growth.
Global Aquaculture Cage Market Segmentation
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By type, the market is segmented into:
- Mariculture
- Coastal Aquaculture
- Freshwater Aquaculture
By application, the market is divided into:
- Fish
- Molluscs
- Crustacean
- Others
By region, the market is classified into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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Key Industry Players in the Global Aquaculture Cage Market
The report presents a detailed analysis of the following key players in the market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- AKVA Group
- Selstad
- Badinotti
- Aquamaof
- Garware Wall Rope
- Hunan Xinhai
- Zhejiang Honghai
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2021 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Application, Region |
| Breakup by Type | Mariculture, Coastal Aquaculture, Freshwater Aquaculture |
| Breakup by Application | Fish, Molluscs, Crustacean, Others |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | AKVA Group, Selstad, Badinotti, Aquamaof, Garware Fibres, Hunan Xinhai, Zhejiang Honghai, Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Aquaculture Cage Market Analysis
8.1 Key Industry Highlights
8.2 Global Aquaculture Cage Historical Market (2017-2021)
8.3 Global Aquaculture Cage Market Forecast (2022-2027)
8.4 Global Aquaculture Cage Market by Type
8.4.1 Mariculture
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Coastal Aquaculture
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Freshwater Aquaculture
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Global Aquaculture Cage Market by Application
8.5.1 Fish
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Molluscs
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Crustacean
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Others
8.6 Global Aquaculture Cage Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Competitive Landscape
11.1 Market Structure
11.2 Company Profiles
11.2.1 AKVA Group
11.2.1.1 Company Overview
11.2.1.2 Product Portfolio
11.2.1.3 Demographic Reach and Achievements
11.2.1.4 Certifications
11.2.2 Selstad
11.2.2.1 Company Overview
11.2.2.2 Product Portfolio
11.2.2.3 Demographic Reach and Achievements
11.2.2.4 Certifications
11.2.3 Badinotti
11.2.3.1 Company Overview
11.2.3.2 Product Portfolio
11.2.3.3 Demographic Reach and Achievements
11.2.3.4 Certifications
11.2.4 Aquamaof
11.2.4.1 Company Overview
11.2.4.2 Product Portfolio
11.2.4.3 Demographic Reach and Achievements
11.2.4.4 Certifications
11.2.5 Garware Fibres
11.2.5.1 Company Overview
11.2.5.2 Product Portfolio
11.2.5.3 Demographic Reach and Achievements
11.2.5.4 Certifications
11.2.6 Hunan Xinhai
11.2.6.1 Company Overview
11.2.6.2 Product Portfolio
11.2.6.3 Demographic Reach and Achievements
11.2.6.4 Certifications
11.2.7 Zhejiang Honghai
11.2.7.1 Company Overview
11.2.7.2 Product Portfolio
11.2.7.3 Demographic Reach and Achievements
11.2.7.4 Certifications
11.2.8 Others
12 Industry Events and Developments
List of Key Figures and Tables
1. Global Aquaculture Cage Market: Key Industry Highlights, 2017 and 2027
2. Global Aquaculture Cage Historical Market: Breakup by Type (USD Million), 2017-2021
3. Global Aquaculture Cage Market Forecast: Breakup by Type (USD Million), 2022-2027
4. Global Aquaculture Cage Historical Market: Breakup by Application (USD Million), 2017-2021
5. Global Aquaculture Cage Market Forecast: Breakup by Application (USD Million), 2022-2027
6. Global Aquaculture Cage Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Aquaculture Cage Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Aquaculture Cage Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Aquaculture Cage Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Aquaculture Cage Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Aquaculture Cage Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Aquaculture Cage Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Aquaculture Cage Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Aquaculture Cage Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Aquaculture Cage Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Aquaculture Cage Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Aquaculture Cage Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Aquaculture Cage Market Structure
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