Global Aquaculture Products Market Size, Trends and Growth Opportunity, By Product Type (Equipment, Chemicals, Pharmaceuticals, Fertilizers), By Species (Aquatic Plants, Seaweeds, Microalgae, Aquatic Animals, Finfish, Crustaceans, Mollusks, Others), By Production Type (Small-Scale, Medium, Large Scale), By Culture (Freshwater, Brackish Water, Marine), By Region and forecast till 2027.
Global Aquaculture Products Market
The Global Aquaculture Products Market size was valued at USD 24.13 billion in 2021 and is expected to expand USD 34.60 billion at a CAGR of 5.98 % during forecast period 2022- 2027.
Aquaculture products are the equipment required for better maintenance of ponds, feeding, cleansing of farms through chemicals, and also prevention of diseases. They are used as a protein source in food and animal feed applications.
Market Drivers
The growing fish consumption, rising smart fish farming, the continuous decline of natural feedstock, increasing demand for aquaponics, rising demand for fish oil in various industries like food, healthcare, dietary supplement, pharmaceuticals, and rising government support and technological advancement act as a major factor for growing the aquaculture products market.
The increasing demand for organic food products and rising health consciousness and environmental awareness among consumers propelling the growth of the market.
The growing support of the government boosts the growth of the aquaculture products market.
Market Restraints
High cost for production and stringent government regulations on overfishing as it results in depletion in fish population and degradation of marine ecosystem hinders the growth of aquaculture Products market.
Additionally, the increasing pollution levels, chemical wastes, and the increasing food safety concerns anticipated the growth of the aquaculture products market.
COVID-19 Impact on Aquaculture Products Market
The covid-19 outbreak had a negative impact on the market because of the lockdown and strict regulations imposed by the government, which caused the manufacturing sector to be closed and the supply chain to be disrupted. As transportation restrictions are also imposed affecting sea traffic disruption and the unavailability of laborers during the pandemic affects the growth of the market.
Impact of Russia Ukraine War on Market
The conflict between Russia and Ukraine can have both direct and indirect impacts on the aquaculture products market:
Disruptions in the supply chain: many Aquaculture Products manufacturers source components from Russia and Ukraine. The war may cause supply chain disruptions and delays, affecting aquaculture products 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 products in the region.
Market Segmentation
The Global Aquaculture Products Market segmented on the basis of Product Type, Species, Production Type, Culture, and Region.On the basis of product type, it is segmented into equipment, chemicals, pharmaceuticals, fertilizers. equipment is sub-segmented into water pumps and filters, containment equipment, Water circulating and aerating equipment, cleaning equipment, feeders. On the basis of species, it is segmented into aquatic plants, seaweeds, microalgae, aquatic animals, finfish, crustaceans, mollusks, others.On the basis of production type, it is segmented into small-scale, medium, large scale. On the basis of culture, it is segmented into freshwater, brackish water, marine. On the basis of region, it is segmented into North America, Europe, Asia Pacific, Latin America, MEA.
Regional Analysis
The Global Aquaculture Products Market segmented into five regions North America, Europe, Asia Pacific, Latin America, MEA. Asia-Pacific dominates the market due to the rapid adoption of advanced and innovative technologies for aqua farming in this region. North America and Europe also witnessed a significant rise in Aquaculture Products Market during the forecast period 2022-2027.
Key Players
Various key players are listed in this report such as AKVA Group Xylem Inc, Aquaculture Equipment Ltd, Aquaculture System Technologies LLC, LUXSOL, Pioneer Group, CPI Equipment Inc, ASAKUA, Frea Aquaculture Solutions, Lifegard Aquatics, Tan International Ltd, Reef Industries Inc, Aquafarm Equipment AS, Magic Valley Hel Arc Mfg Inc, Elimat SL.
Market Taxonomy
By Product type
o Equipment
• Water Pumps and Filters
• Containment Equipment
• Water Circulating
• Aerating Equipment
• Cleaning Equipment
• Feeders
o Chemicals
o Pharmaceuticals
o Fertilizers
By Species
o Aquatic plants
o Seaweeds
o Microalgae
o Aquatic Animals
o Finfish
o Crustaceans
o Mollusks
o Others
By Production type
o Small-Scale
O Medium
O Large Scale
By Culture
O Freshwater
O Brackish Water
O Marine
By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East and Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Aquaculture Products Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have 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 Products 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 Aquaculture Products 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 Aquaculture Products Market, By Culture
5.1 Y-o-Y Growth Comparison, By Culture
5.2 Aquaculture Products Market Share Analysis, By Culture
5.3 Aquaculture Products Market Size and Forecast, By Culture
5.3.1 Freshwater
5.3.2 Brackish water
5.3.3 Marine
6 Aquaculture Products Market, Production type
6.1 Y-o-Y Growth Comparison, Production type
6.2 Aquaculture Products Market Share Analysis, Production type
6.3 Aquaculture Products Market Size and Forecast, Production type
6.3.1 small-scale
6.3.2 Medium
6.3.3 large scale
7 Aquaculture Products Market, By Species
7.1 Y-o-Y Growth Comparison, By Species
7.2 Aquaculture Products Market Share Analysis, By Species
7.3 Aquaculture Products Market Size and Forecast, By Species
7.3.1 Aquatic plants
7.3.2 Seaweeds
7.3.3 Microalgae
7.3.4 aquatic animals
7.3.5 finfish
7.3.6 crustaceans
7.3.7 mollusks
7.3.8 Others
8 Aquaculture Products Market, By Product Type
8.1 Y-o-Y Growth Comparison, By Product Type
8.2 Aquaculture Products Market Share Analysis, By Product Type
8.3 Aquaculture Products Market Size and Forecast, By Product Type
8.3.1 Equipment
8.3.1.1 water pumps and filters
8.3.1.2 containment equipment
8.3.1.3 Water circulating
8.3.1.4 aerating equipment
8.3.1.5 cleaning equipment
8.3.1.6 Feeders
8.3.2 Chemicals
8.3.3 Pharmaceuticals
8.3.4 Fertilizers
9 Aquaculture Products Market, By Region
9.1 Aquaculture Products Market Share Analysis, By Region
9.2 Aquaculture Products Market Share Analysis, By Region
9.3 Aquaculture Products Market Size and Forecast, By Region
10 North America Aquaculture Products Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 North America Aquaculture Products Market Share Analysis, By Culture
10.3 North America Aquaculture Products Market Size and Forecast, Production type
10.4 North America Aquaculture Products Market Size and Forecast, By Species
10.5 North America Aquaculture Products Market Size and Forecast, By Product Type
10.6 North America Aquaculture Products Market Size and Forecast, By Country
10.6.1 U.S.
10.6.2 Canada
10.5.3 Mexico
11 Europe Aquaculture Products Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Europe Aquaculture Products Market Share Analysis, By Culture
11.3 Europe Aquaculture Products Market Size and Forecast, Production type
11.4 Europe Aquaculture Products Market Size and Forecast, By Species
11.5 Europe Aquaculture Products Market Size and Forecast, By Product Type
11.6 Europe Aquaculture Products Market Size and Forecast, By Country
11.6.1 Germany
11.6.2 France
11.6.3 UK
11.6.4. Rest of Europe
12 Asia Pacific Aquaculture Products Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Asia Pacific Aquaculture Products Market Share Analysis, By Culture
12.3 Asia Pacific Aquaculture Products Market Size and Forecast, Production type
12.4 Asia Pacific Aquaculture Products Market Size and Forecast, By Species
12.5 Asia Pacific Aquaculture Products Market Size and Forecast, By Product Type
12.6 Asia Pacific Aquaculture Products Market Size and Forecast, By Country
12.6.1 China
12.6.2 Japan
12.6.3 India
12.6.4. Rest of Asia Pacific
13 Latin America Aquaculture Products Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Latin America Aquaculture Products Market Share Analysis, By Culture
13.3 Latin America Aquaculture Products Market Size and Forecast, Production type
13.4 Latin America Aquaculture Products Market Size and Forecast, By Species
13.5 Latin America Aquaculture Products Market Size and Forecast, By Product Type
13.6 Latin America Aquaculture Products Market Size and Forecast, Country
13.6.1. Brazil
13.6.2. Rest of Latin America
14 Middle East Aquaculture Products Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Middle East Aquaculture Products Market Share Analysis, By Culture
14.3 Middle East Aquaculture Products Market Size and Forecast, Production type
14.4 Middle East Aquaculture Products Market Size and Forecast, By Species
14.5 Middle East Aquaculture Products Market Size and Forecast, By Product Type
14.6 Middle East Aquaculture Products Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.2. UAE
14.6.3. Egypt
14.6.4. Kuwait
14.6.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 AKVA Group Xylem Inc
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Aquaculture Equiment Ltd
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Aquaculture System Technologies LLC
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 LUXSOL
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Pioneer Group
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 CPI Equipment Inc
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7. ASAKUA
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Frea Aquaculture Solutions
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Lifegard Aquatics
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Tan International Ltd
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
16.11. Reef Industries Inc
16.11.1 Overview
16.11.2 Offerings
16.11.3 Key Financials
16.11.4 Business Segment & Geographic Overview
16.11.5 Key Market Developments
16.11.6 Key Strategies
16.12 Aquafarm Equipment AS
16.12.1 Overview
16.12.2 Offerings
16.12.3 Key Financials
16.12.4 Business Segment & Geographic Overview
16.12.5 Key Market Developments
16.12.6 Key Strategies
16.13 Magic Valley Hel Arc Mfg Inc
16.13.1 Overview
16.13.2 Offerings
16.13.3 Key Financials
16.13.4 Business Segment & Geographic Overview
16.13.5 Key Market Developments
16.13.6 Key Strategies
16.14 Elimat SL
16.14.1 Overview
16.14.2 Offerings
16.14.3 Key Financials
16.14.4 Business Segment & Geographic Overview
16.14.5 Key Market Developments
16.14.6 Key Strategies
