Global Aquaculture Healthcare Market Size, Trends, and Growth Opportunity, By Product Type (Vaccines, Drugs, Medicated Feed Additives), By Infection ( Fungal Infections, Viral Infections, Bacterial Infections, Parasitic Infections), By Route of Administration (Injectable, Oral, and Topical), By Species ( Crustaceans, Fishes), By Distribution Channel (Retail/Aqua Stores, Online Stores, and Distributor), By Region and forecast till 2027.
Global Aquaculture Healthcare Market
The global Aquaculture Healthcare market size was valued at USD 742 million in 2021 and is expected to expand USD 1,229.30 million at a CAGR of 8.77 % during the forecast period 2022- 2027.
Aquaculture involves the breeding, rearing, and harvesting of aquatic organisms such as aquatic plants, fishes, and other aquatic animals like crustaceans under favorable conditions. aquaculture healthcare is applicable to prevent or cure various diseases such as injuries, parasitic diseases, and bacterial, viral, and fungal infections. It reduces the loss of aquatic products due to various diseases.
Market Drivers
The growing incidence of diseases and parasites in aquaculture animals and advancement in agricultural healthcare act as a major factors for growing the aquaculture healthcare market.
The increasing demand for fish protein across the world and growing R&D efforts to bring new solutions in aquaculture healthcare propelling the growth of the market.
Market Restraints
Lack of knowledge of aquaculture diseases related to aquatic plants, fishes, and other aquatic animals hinders the growth of the global aquaculture healthcare market.
The lack of skilled professionals required for the management of aquatic disorders anticipated the growth of the market. Additionally, growing antibiotic resistance due to widespread use restrains the market growth.
COVID-19 Impact on Global Aquaculture Healthcare Market
An outbreak of covid-19 impacted the market as the lockdown and strict regulations imposed by the government caused the shutdown of the manufacturing sector and disruption in the supply chain.
Impact of Russia Ukraine War on the Market
The conflict between Russia and Ukraine can have both direct and indirect impacts on the aquaculture healthcare market:
Disruptions in the supply chain: Many aquaculture healthcare manufacturers source components from Russia and Ukraine. The war may cause supply chain disruptions and delays, affecting aquaculture healthcare production and delivery.
Economic sanctions: Economic sanctions imposed on Russia may have an impact on the overall economy, as well as the demand for aquaculture healthcare in the region.
Market Segmentation
The Global Aquaculture Healthcare Market is segmented on the basis of Product type, Infection, Route of Administration, Species, Distribution channel, and Region. On the basis of Product Type, it is segmented into Vaccines, Drugs, and Medicated Feed Additives. On basis of Infection, it is segmented into Fungal Infections, Viral Infections, Bacterial Infections, and Parasitic Infections. On the basis of the Route of Administration, it is segmented into Injectable, Oral, and Topical. On the basis of Species, it is segmented into Crustaceans, Fishes. On the basis of Distribution channels, it is segmented into Retail/Aqua Stores, Online Stores, and Distributor. Based on Region, it is segmented into North America, Europe, Asia Pacific, Latin America, and MEA.
Regional Analysis
The global Aquaculture Healthcare market is segmented into five regions North America, Europe, Asia Pacific, Latin America, and MEA. Asia-Pacific dominates the market due to increasing awareness about the importance of aquaculture healthcare in this region. Europe has also witnessed a significant rise in the aquaculture healthcare market during the forecast period 2022-2027 due to a rise in demand for fish protein, and salmon aquaculture along with advanced rearing techniques.
Key Players
Various key players are listed in this report such as Benchmark Holdings Plc, Alltech, Elanco, Bayer CropScience Ltd, Merck & Co Inc, Virbac SA, Pfizer Inc, Apex Frozen Foods Ltd, Kemin Industries Inc, AquaBounty Technologies Inc, Arcadia Biosciences, Kepley BioSystems Inc, Secure Harvests Limited, gene drive plc.
Market Taxonomy
By Product Type
• Vaccines
• Drugs
• Medicated Feed Additives
By Infection
• Fungal Infections
• Viral Infections
• Bacterial Infections
• Parasitic Infections
By Route of Administration
• Injectable
• Oral
• Topical
By Species
• Crustaceans
• Fishes
By Distribution Channel
• Retail/Aqua Stores
• Online Stores
• Distributor Fishes
By Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Aquaculture Healthcare Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Aquaculture Healthcare Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Aquaculture Healthcare Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Aquaculture Healthcare Market, By Product
5.1 Y-o-Y Growth Comparison, By Product
5.2 Global Aquaculture Healthcare Market Share Analysis, By Product
5.3 Global Aquaculture Healthcare Market Size and Forecast, By Product
5.3.1 Vaccines
5.3.2 Drugs
5.3.3 Medicated Feed Additives
6 Global Aquaculture Healthcare Market, By Infection
6.1 Y-o-Y Growth Comparison, By Infection
6.2 Global Aquaculture Healthcare Market Share Analysis, By Infection
6.3 Global Aquaculture Healthcare Market Size and Forecast, By Infection
6.3.1 Fungal Infections
6.3.2 Viral Infections
6.3.3 Bacterial Infections
6.3.4 Parasitic Infections
7 Global Aquaculture Healthcare Market, By Route of Administration
7.1 Y-o-Y Growth Comparison, By Route of Administration
7.2 Global Aquaculture Healthcare Market Share Analysis, By Route of Administration
7.3 Global Aquaculture Healthcare Market Size and Forecast, By Route of Administration
7.3.1 Injectable
7.3.2 Oral
7.3.2 Topical
8 Global Aquaculture Healthcare Market, By Distribution Channel
8.1 Y-o-Y Growth Comparison, By Distribution Channel
8.2 Global Aquaculture Healthcare Market Share Analysis, By Distribution Channel
8.3 Global Aquaculture Healthcare Market Size and Forecast, By Distribution Channel
8.3.1 Retail/Aqua Stores
8.3.2 Online Stores
8.3.3 Distributor
9 Global Aquaculture Healthcare Market, By Species
9.1 Y-o-Y Growth Comparison, By Species
9.2 Global Aquaculture Healthcare Market Share Analysis, By Species
9.3 Global Aquaculture Healthcare Market Size and Forecast, By Species
9.3.1 Crustaceans
9.3.2 Fishes
10 Global Aquaculture Healthcare Market, By Region
10.1 Global Aquaculture Healthcare Market Share Analysis, By Region
10.2 Global Aquaculture Healthcare Market Share Analysis, By Region
10.3 Global Aquaculture Healthcare Market Size and Forecast, By Region
11 North America Aquaculture Healthcare Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 North America Aquaculture Healthcare Product Market Share Analysis, By Product
11.3 North America Aquaculture Healthcare Product Market Size and Forecast, By Infection
11.4 North America Aquaculture Healthcare Product Market Size and Forecast, By Route of Administration
11.5 North America Aquaculture Healthcare Product Market Size and Forecast, By Distribution Channel
11.5 North America Aquaculture Healthcare Product Market Size and Forecast, By Species
11.6 North America Aquaculture Healthcare Product Market Size and Forecast, By Country
11.6.1 U.S.
11.6.2 Canada
11.6.3 Mexico
12 Europe Aquaculture Healthcare Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Europe Aquaculture Healthcare Product Market Share Analysis, By Product
12.3 Europe Aquaculture Healthcare Product Market Size and Forecast, By Infection
12.4 Europe Aquaculture Healthcare Product Market Size and Forecast, By Route of Administration
12.5 Europe Aquaculture Healthcare Product Market Size and Forecast, By Distribution Channel
12.6 Europe Aquaculture Healthcare Product Market Size and Forecast, By Species
12.7. Europe Aquaculture Healthcare Product Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.7.4. Rest of Europe
13 Asia Pacific Aquaculture Healthcare Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Asia Pacific Aquaculture Healthcare Product Market Share Analysis, By Product
13.3 Asia Pacific Aquaculture Healthcare Product Market Size and Forecast, By Infection
13.4 Asia Pacific Aquaculture Healthcare Product Market Size and Forecast, By Route of Administration
13.5 Asia Pacific Aquaculture Healthcare Product Market Size and Forecast, By Distribution Channel
13.6 Asia Pacific Aquaculture Healthcare Product Market Size and Forecast, By Species
13.7 Asia Pacific Aquaculture Healthcare Product Market Size and Forecast, By Country
13.7.1 China
13.7.2 Japan
13.7.3 India
13.7.4. Rest of Asia Pacific
14 Latin America Aquaculture Healthcare Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Latin America Aquaculture Healthcare Product Market Share Analysis, By Product
14.3 Latin America Aquaculture Healthcare Product Market Size and Forecast, By Infection
14.4 Latin America Aquaculture Healthcare Product Market Size and Forecast, By Route of Administration
14.5 Latin America Aquaculture Healthcare Product Market Size and Forecast, By Distribution Channel
14.6 Latin America Aquaculture Healthcare Product Market Size and Forecast, By Species
14.7 Latin America Aquaculture Healthcare Product Market Size and Forecast, By Country
14.7.1. Brazil
14.7.2. Rest of Latin America
15 Middle East Aquaculture Healthcare Market Analysis and Forecast (2022 – 2027)
15.1 Introduction
15.2 Middle East Aquaculture Healthcare Product Market Share Analysis, By Product
15.3 Middle East Aquaculture Healthcare Product Market Size and Forecast, By Infection
15.4 Middle East Aquaculture Healthcare Product Market Size and Forecast, By Route of Administration
15.5 Middle East Aquaculture Healthcare Product Market Size and Forecast, By Distribution Channel
15.6 Middle East Aquaculture Healthcare Product Market Size and Forecast, By Species
15.7 Middle East Aquaculture Healthcare Product Market Size and Forecast, By Country
15.7.1. Saudi Arabia
15.7.2. UAE
15.7.3. Egypt
15.7.4 Kuwait
15.7.5. South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1 Benchmark Holdings Plc
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2 Alltech
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3 Elanco
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 Bayer Crop Science Ltd
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 Merck & Co Inc
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 Virbac SA
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 Pfizer Inc
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 Apex Frozen Foods Ltd
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 Kemin Industries Inc
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10 AquaBounty Technologies Inc
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies
17.11 Arcadia Biosciences
17.11.1 Overview
17.11.2 Offerings
17.11.3 Key Financials
17.11.4 Business Segment & Geographic Overview
17.11.5 Key Market Developments
17.11.6 Key Strategies
17.12 Kepley BioSystems Inc
17.12.1 Overview
17.12.2 Offerings
17.12.3 Key Financials
17.12.4 Business Segment & Geographic Overview
17.12.5 Key Market Developments
17.12.6 Key Strategies
17.13 genedrive plc
17.13.1 Overview
17.13.2 Offerings
17.13.3 Key Financials
17.13.4 Business Segment & Geographic Overview
17.13.5 Key Market Developments
17.13.6 Key Strategies
17.14 Secure Harvests Limited
17.14.1 Overview
17.14.2 Offerings
17.14.3 Key Financials
17.14.4 Business Segment & Geographic Overview
17.14.5 Key Market Developments
17.14.6 Key Strategies
