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Global Fish Farming Market: By Environment: Marine Water, Fresh Water, Brackish Water; By Fish Type: Salmon, Milkfish, Tuna, Tilapia, Catfish, Sea Bass, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics: SWOT Analysis; Competitive Landscape; Industry Events and Developments

Global Fish Farming Market Outlook

The global fish farming market attained a value of USD 259.13 billion in 2020. The market is further expected to grow in the forecast period of 2023-2028 at a CAGR of 5.8% to reach USD 359.92 billion by 2026.

 

Global Fish Farming Market

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The Asia Pacific to Dominate the Global Fish Farming Industry

The Asia Pacific region dominated the global market and is projected to continue to do so in the forecast period. The Asia Pacific fish farming industry is growing due to the presence of a large population and the increasing consumption of fish and seafood in the region. This expansion has been fuelled mostly by an increase in fishing operations in Asian countries such as Thailand, India, Japan, and China.

 

Increasing Demand for Fresh Water Fish to Augment the Growth of the Global Fish Farming Industry

Fresh water was the most significant revenue-generating segment in terms of the environment, accounting for a considerable market share in the historical period. Furthermore, the segment is projected to expand at a faster rate over the forecast period. The increasing popularity of aquaculture as a viable alternative to wild fishing is the major factor driving the growth of the segment.

 

Global Fish Farming Industry: Definition and Segmentation

Fish farming is a type of aqua farming that comprises interventions in the raising process to improve output, such as regular stocking, feeding, and predator protection, according to the Food and Agriculture Organization (FAO). Fish farming encompasses a wide range of species that are being farmed around the world. Eating fish is a part of many people's cultural customs, and it has a high nutritional profile in terms of health advantages. It is a rich source of protein, fatty acids, vitamins, minerals, and critical micronutrients.

 

Global Fish Farming Market by Segment

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By environment, the industry is segmented into:

  • Marine Water
  • Fresh Water
  • Brackish Water

The market can be broadly categorised on the basis of fish type into:

  • Salmon
  • Milkfish
  • Tuna
  • Tilapia
  • Catfish
  • Sea Bass
  • Others

The EMR report looks into the regional markets of the product like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Fish Farming Market by Region

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Increasing Food Requirements to Bolster the Growth of the Global Fish Farming Industry

Fish farming is currently a requirement to meet the rising global food demand. The worldwide fish farming industry has been growing owing to dramatically expanding food requirements and changes in people's food consumption patterns all over the world. The governments across various nations are pushing cage and freshwater fish farming to meet the rising food demand, which is favourably impacting the industry growth. Furthermore, the ongoing technological improvements in fishing equipment, as well as increased initiatives to boost aqua farming, are supporting the global fish farming industry. Import tariff reductions have been a primary driver for international trade expansion and, as a result, the market for fish and fish products. In addition, the growing health consciousness among consumers and the increased consumption of fish as a key source of protein are also expected to boost the market growth in the forecast period. Consumers find it convenient to purchase packaged fish products due to the easy availability of the product through multiple sales channels, which further drives product sales.

 

Key Industry Players in the Global Fish Farming Market

The report presents a detailed analysis of the following key players in the global fish farming market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Alpha Group Ltd.
  • Cermaq Group AS
  • Cooke Aquaculture Inc.
  • Leroy Seafood Group ASA
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market 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- Environment, Fish Type, Region
Breakup by Environment Marine Water, Fresh Water, Brackish Water
Breakup by Fish Type Salmon, Milkfish, Tuna, Tilapia, Catfish, Sea Bass, 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 Alpha Group Ltd., Cermaq Group AS, Cooke Aquaculture Inc., Leroy Seafood Group ASA, 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    Industry Opportunities and Challenges
8    Global Fish Farming Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Fish Farming Historical Market (2018-2022) 
    8.3    Global Fish Farming Market Forecast (2023-2028)
    8.4    Global Fish Farming Market by Environment
        8.4.1    Marine Water
            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    Fresh Water
            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    Brackish Water
            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 Fish Farming Market by Fish Type
        8.5.1    Salmon
            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    Milkfish
            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    Tuna
            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    Tilapia
            8.5.4.1    Market Share
            8.5.4.2    Historical Trend (2018-2022)
            8.5.4.3    Forecast Trend (2023-2028)
        8.5.5    Catfish
            8.5.5.1    Market Share
            8.5.5.2    Historical Trend (2018-2022)
            8.5.5.3    Forecast Trend (2023-2028)
        8.5.6    Sea Bass
            8.5.6.1    Market Share
            8.5.6.2    Historical Trend (2018-2022)
            8.5.6.3    Forecast Trend (2023-2028)
        8.5.7    Others     
    8.6    Global Fish Farming 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 Fish Farming 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 Fish Farming 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  Fish Farming 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 Fish Farming 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 Fish Farming 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    Value Chain Analysis
16    Competitive Landscape

    16.1    Market Structure
    16.2    Company Profiles
        16.2.1     Alpha Group Ltd.
            16.2.1.1    Company Overview
            16.2.1.2    Product Portfolio
            16.2.1.3    Demographic Reach and Achievements
            16.2.1.4    Certifications
        16.2.2    Cermaq Group AS
            16.2.2.1    Company Overview
            16.2.2.2    Product Portfolio
            16.2.2.3    Demographic Reach and Achievements
            16.2.2.4    Certifications
        16.2.3    Cooke Aquaculture Inc.
            16.2.3.1    Company Overview
            16.2.3.2    Product Portfolio
            16.2.3.3    Demographic Reach and Achievements
            16.2.3.4    Certifications
        16.2.4    Leroy Seafood Group ASA
            16.2.4.1    Company Overview
            16.2.4.2    Product Portfolio
            16.2.4.3    Demographic Reach and Achievements
            16.2.4.4    Certifications
        16.2.5    Others
17    Key Trends and  Developments in the Market

 

Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Project Requirements and Cost Analysis
    2.1    Land, Location and Site Development
    2.2    Construction
    2.3    Plant Machinery
    2.4    Cost of Raw Material
    2.5    Packaging
    2.6    Transportation
    2.7    Utilities
    2.8    Manpower
    2.9    Other Capital Investment

 

List of Key Figures and Tables

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

Key Questions Answered in the Report

In 2020, the global fish farming market attained a value of nearly USD 259.13 billion.

The market is projected to grow at a CAGR of 5.8% between 2023 and 2028.

The key market drivers guiding the growth of the industry are technological advancements in fishing equipment, increased initiatives to boost aqua farming, growing health consciousness among consumers, increase in fishing operations in Asian countries, and surge in protein demand from livestock and fisheries across the world.

The key industry trends for global fish farming industry are the rising global food demand and changes in people's food consumption patterns.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The types of fish farming in the market on the basis of environment are marine water, fresh water, and brackish water.

The segments of the industry on the basis of fish type are salmon, milkfish, tuna, tilapia, catfish, and sea bass, among others.

The major players in the industry are Alpha Group Ltd., Cermaq Group AS, Cooke Aquaculture Inc., and Leroy Seafood Group ASA, among others.

Analyst Review

The global fish farming market attained a value of USD 259.13 billion in 2020, driven by rising health consciousness among people. Aided by an increase in fishing operations in Asian countries and rising global food demand, the market is expected to witness a further growth in the forecast period of 2023-2028, growing at a CAGR of 5.8%.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on environment, the industry can be segmented into marine water, fresh water, and brackish water. On the basis of fish type, the market is divided into salmon, milkfish, tuna, tilapia, catfish, and sea bass, among others. The major regional markets for fish farming are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Alpha Group Ltd., Cermaq Group AS, Cooke Aquaculture Inc., Leroy and Seafood Group ASA, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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