Global Fishery Machinery Market Size, Trends, and Growth Opportunity, By Type (Elevators & hoppers, Feeders, Head cutting machines, Filleting machines, Skinning machines), By Application (Agriculture, Aquaculture, Water Treatment, Other), By Region and Forecast to 2030.
Global Fishery Machinery Market
The Global Fishery Machinery Market was valued at USD 0.57 billion in 2022 and is expected to reach 0.63 billion by 2030, at a CAGR 1.03% during the forecast period 2023- 2030.
The gear used for fishing is referred to as fishery machinery. Over the years, fishing has been increasingly popular as a means of catching or breeding fish. In other words, the fisheries equipment is utilized for water treatment, aquaculture, and agriculture farming. Fish farming and fishing have been made easier in developing economies because of fishing equipment. Elevators, hoppers, feeders, skinning equipment, head-cutting machines, and other devices are all used in the manufacture of fishing equipment.
Market Drivers
Aquaponics' rising popularity and the expanding trend of smart fishing will be the main drivers of the fishery machinery market's expansion. Other factors supporting the growth of the fishing machinery market include increased demand for omega-3 fatty acids, particularly in developing nations, and a rising desire for consuming fish as part of a regular diet due to its nutritional value.
Furthermore, fish leisure programs and fisheries protection are supplemented by special levies collected on fishing gear and boat fuel which is anticipated to drive the market growth during the forecast period. The fishery manufacturing market is also driven by several government programs and consumers' rising disposable incomes.
Market Restraints
Concerns about food safety are hampering the market expansion in the coming years. Additionally, the market growth rate for fisheries machinery would be further slowed by growing environmental concerns. These devices' high initial investment costs could limit market expansion during the forecasted period.
Market Segmentation
The Global Fishery Machinery Market is segmented into Type and Application.
Based on Type, the market is classified into Elevators & hoppers, Feeders, Head cutting machines, Filleting machines, and Skinning machines.
Based on Application, the market is divided into Agriculture, Aquaculture, Water Treatment, and Other.
Regional Analysis
The Global Fishery Machinery Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa.
Asia Pacific will be the market's primary growth driver. During the projection period, it is anticipated that regional technical improvements in the food industry will promote market expansion. During the forecast period, growth is anticipated to occur in Europe at a robust rate. Additionally predicted to experience a significant market growth rate is the Asia Pacific region.
Key Players
Various key players are discussed in the Global Fishery Machinery Market Report including: Buck's Bags Inc., Bass Pro Shops, Pure Fishing, Inc., AFTCO, Aarcom International, Arenco AB, GEA Group Aktiengesellschaft, KM Fish Machinery A / S, Marel, BAADER, Norfab Equipment Ltd., Xylem., Aquaculture Equipment Ltd, Aquaculture System Technologies, LLC.
Market Taxonomy
By Type
• Elevators & hoppers
• Feeders
• Head cutting machines
• Filleting machines
• Skinning machines
By Application
• Agriculture
• Aquaculture
• Water Treatment
• Other
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Global Fishery Machinery 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 Fishery Machinery 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 Fishery Machinery Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Fishery Machinery Market Share Analysis, By Type
5.3 Global Fishery Machinery Market Size and Forecast, By Type
5.3.1 Elevators & hoppers
5.3.2 Feeders
5.3.3 Head cutting machines
5.3.4 Filleting machines
5.3.5 Skinning machines
6 Global Fishery Machinery Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Fishery Machinery Market Share Analysis, By Application
6.3 Global Fishery Machinery Market Size and Forecast, By Application
6.3.1 Agriculture
6.3.2 Aquaculture
6.3.3 Water Treatment
6.3.4 Other
7 Global Fishery Machinery Market, By Region
7.1 Global Fishery Machinery Market Share Analysis, By Region
7.2 Global Fishery Machinery Market Size and Forecast, By Region
8 North America Fishery Machinery Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Fishery Machinery Market Share Analysis, By Type
8.3 North America Fishery Machinery Market Size and Forecast, By Application
8.4 North America Fishery Machinery Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Fishery Machinery Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Fishery Machinery Market Share Analysis, By Type
9.3 Europe l Fishery Machinery Market Size and Forecast, By Application
9.4 Europe Fishery Machinery Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4 Rest of Europe
10 Asia Pacific Fishery Machinery Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Fishery Machinery Market Share Analysis, By Type
10.3 Asia Pacific Fishery Machinery Market Size and Forecast, By Application
10.4 Asia Pacific Fishery Machinery Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of Asia Pacific
11 Latin America Fishery Machinery Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Fishery Machinery Market Share Analysis, By Type
11.3 Latin America Fishery Machinery Market Size and Forecast, By Application
11.4 Latin America Fishery Machinery Market Size and Forecast, Country
11.4.1 Brazil
11.4.2 Rest of Latin America
12 Middle East Fishery Machinery Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Fishery Machinery Market Share Analysis, By Type
12.3 Middle East Fishery Machinery Market Size and Forecast, By Application
12.4 Middle East Fishery Machinery Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3 Egypt
15.4.4 Kuwait
12.4.5 South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14Company Profiles
14.1 Buck's Bags Inc.
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Bass Pro Shops
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Pure Fishing, Inc.
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 AFTCO
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 Aarcom International
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 Arenco AB
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 GEA Group Aktiengesellschaft
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 KM Fish Machinery A / S
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Marel
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies