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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 (2018-2028); 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 2023-2028.

 

Global Aquaculture Cage Market

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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

 

Global Aquaculture Cage Market by Segment

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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

 

Global Aquaculture Cage Market by Region

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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 2022
Historical Period 2018-2022
Forecast Period 2023-2028
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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR 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    Opportunities and Challenges in the Market
8    Global Aquaculture Cage Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Aquaculture Cage Historical Market (2018-2022) 
    8.3    Global Aquaculture Cage Market Forecast (2023-2028)
    8.4    Global Aquaculture Cage Market by Type
        8.4.1    Mariculture
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Coastal Aquaculture
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3     Freshwater Aquaculture
            8.4.3.1     Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
    8.5    Global Aquaculture Cage Market by Application
        8.5.1    Fish
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Molluscs
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Crustacean
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
        8.5.4    Others
    8.6    Global Aquaculture Cage Market by Region       
        8.6.1    North America
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2018-2022) 
            8.6.1.3    Forecast Trend (2023-2028)
        8.6.2    Europe
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2018-2022) 
            8.6.2.3    Forecast Trend (2023-2028)
        8.6.3    Asia Pacific
            8.6.3.1    Market Share
            8.6.3.2    Historical Trend (2018-2022) 
            8.6.3.3    Forecast Trend (2023-2028)
        8.6.4    Latin America
            8.6.4.1    Market Share
            8.6.4.2    Historical Trend (2018-2022) 
            8.6.4.3    Forecast Trend (2023-2028)
        8.6.5    Middle East and Africa
            8.6.5.1    Market Share
            8.6.5.2    Historical Trend (2018-2022) 
            8.6.5.3    Forecast Trend (2023-2028)
9    North America Aquaculture Cage Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Aquaculture Cage Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Aquaculture Cage Market Analysis
    11.1    China
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Aquaculture Cage Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Aquaculture Cage Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive  Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    AKVA Group
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Selstad
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Badinotti
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Aquamaof
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Garware Fibres 
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Hunan Xinhai
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Zhejiang Honghai
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Aquaculture Cage Market: Key Industry Highlights, 2018 and 2028
2.    Global Aquaculture Cage Historical Market: Breakup by Type (USD Million), 2018-2022
3.    Global Aquaculture Cage Market Forecast: Breakup by Type (USD Million), 2023-2028
4.    Global Aquaculture Cage Historical Market: Breakup by Application (USD Million), 2018-2022
5.    Global Aquaculture Cage Market Forecast: Breakup by Application (USD Million), 2023-2028
6.    Global Aquaculture Cage Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Aquaculture Cage Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Aquaculture Cage Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Aquaculture Cage Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Aquaculture Cage Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Aquaculture Cage Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Aquaculture Cage Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Aquaculture Cage Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Aquaculture Cage Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Aquaculture Cage Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Aquaculture Cage Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Aquaculture Cage Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Aquaculture Cage Market Structure

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