Fish farming, also known as pisciculture, involves raising fish commercially in tanks or enclosures such as fish ponds. These fish are raised mainly for food. It is the major form of aquaculture, while other methods may fall under mariculture. A fish farming facility that releases juvenile fish into the wild for recreational fishing or to supplement a species' natural numbers is generally referred to as a fish hatchery. Globally, the most important fish species produced in fish farming are salmon, carp, tilapia, and catfish.
MARKET DYNAMICS
The fish farming market has witnessed significant growth owing to factors such as rising demand for seafood in developed and developing countries. Moreover, a significant shift of fish farmers towards sustainable fish farming techniques provides huge market opportunities for the key players in the market. However, the harmful impact on the environment caused due to fish farming is projected to hamper the overall growth of the fish farming market.
MARKET SCOPE
The "Global Fish Farming Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fish farming market with detailed market segmentation by environment, fish type and geography. The global fish farming market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fish farming market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fish farming market is segmented on the basis of environment and fish type. On the basis of form, the fish farming market is segmented into raw and processed. Based on application the market is segmented into food and beverage, pharmaceutical, and cosmetics and personal care. The food and beverage segment is further divided into confectionary, baker, frozen desserts, coffee, liquors, and others. On the basis of distribution channel, the fish farming market is segmented into business to business and business to consumer. The business to consumer segment is further segmented into supermarket/hypermarket, specialty store, online retail, and others
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fish farming market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fish farming market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
`The report analyzes factors affecting the fish farming market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fish farming market in these regions.
MARKET PLAYERS
The reports cover key developments in the fish farming market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fish farming market are anticipated to lucrative growth opportunities in the future with the rising demand for fish farming in the global market. Below mentioned is the list of few companies engaged in the fish farming market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fish farming market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Alpha Group
- Cermaq
- Cooke Aquaculture
- Leroy
- Mowi ASA
- Bakkafrost
- Tassal Group
- Thai Union Group PCL
- Danish Salmon A/S
- Blue Ridge Aquaculture, Inc.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.