Global $245.1 Billion Aquaculture Markets, 2020-2027 - ResearchAndMarkets.com

The "Aquaculture - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

With COVID-19 having a damaging impact on Aquaculture, the market is expected to lose steam before recovering to reach a projected global market size of US$245.1 billion by 2027.

Stringent lockdown measures imposed by governments worldwide to control the spread of the pandemic have cast a shadow on food and nutrition security. Global food supply chains are severely disrupted as governments move swiftly to implement trade restrictions to protect domestic food supplies, a move that has and continues to impact countries dependent on food imports. Fish and aquatic food value chain is currently witnessing a medley of challenges ranging from shutdown of operations, changing consumer demands, market access and logistical problems, and transportation and border restrictions. Fishing fleets are tied up as part of the restrictions negatively impacting commercial fishing which is a major part of the global food system.

Closure of restaurants and hotels, who represent large buyers of fish and seafood, has impacted sales significantly. Lower demand, setbacks to exports and higher costs of operations are chipping off profit margins of fisheries and seafood companies. Supply chain interruptions caused by disruptions in transportation, trade and labor have halted aquaculture operations. Delayed stocking of aquaculture feed and systems is impacting production with rising prices threatening to be a key fallout.

The value chain for fish and fish products is labor intensive and all of these factors discussed above are impacting food security and nutrition for populations that rely on fish for animal protein and essential micronutrients. Unless immediate corrective measures and policy changes are made, seafood a critical part of food security goals, will become less affordable for the poor under the current scenario.

China represents the largest market worldwide. Developing countries such as India, Indonesia, and Vietnam are forecast to strengthen their position as major contributors to aquaculture production in the coming years, led by factors such as rising standards of living and increase in per capita seafood consumption; establishment of new fish farms for export production; availability of large government schemes and heavy investments supporting aquaculture and fisheries; growing awareness over fish health, breeding and management; and strict regulations governing ocean catch and clampdown on destructive fishing and the ensuing increase in investments in aquaculture.

KEY MARKET TRENDS & DRIVERS

• Growing Preference for Nutritious, Low-Fat, and Protein-Rich Seafood Drives Healthy Market Growth
• World Seafood Consumption in Thousand Tons by Geographic Region for the Years 2018 and 2022
• Myriad Benefits of Fish to Human Life
• Skin Care from Seafood
• Aquatic Animals: A Potential Source of Medicinal Properties
• Seafood: A Primary Source of Omega-3 Fatty Acids
• Fish: An Important Source of Animal Protein
• Global Fish Consumption Breakdown (in %) by Mode for Feed, Food and Others: 2019
• Growing Prominence of Farmed Salmon Benefits Market Expansion
• Bridging Supply-Demand Gap
• Primary Markets for Salmon Worldwide
• Farmed Salmon Production, Supply, and Consumption: Key Statistical Data
• Global Salmonids Supply: Production Volume in Thousand Tonnes GWT for Wild Salmonids and Farmed Salmonids for the Years 2012 through 2018
• Global Atlantic Salmon Market: Breakdown of Harvest Volume (in Thousand Tonnes GWT) by Region/Country for 2012 & 2018
• Global Consumption of Farmed Atlantic Salmon: Percentage Breakdown of Consumption Volume by Region/Country for 2019
• Per Capita Consumption of Salmon in Kg per Year by Country for 2019
• Significant Improvements in Distribution, Logistics & Transportation Drive Market Penetration
• Spiraling Popularity of Organic Aquaculture Lends Traction to Market Growth
• Major Organic Species
• Organic Seafood Market
• Developing World Adopts Aquaculture to Ward off Malnutrition, Presents Significant Growth Opportunities
• Emerging Countries in Asia and Latin America: Major Contributors to Global Fish Supply
• Combination of Prioritization and National Level Strategies to Drive Aquaculture Growth in Africa
• Expanding Production Area and Integration with Agriculture Signals Growth Opportunities
• Demand for Aquafeed Surges
• Vegetable-Based Feeds Gain Importance
• Small Scale Aquacultures: 'Talk of the Town'
• Expanding Population Gives Rise to Food Security Concerns, Offers a Strong Business Case for Aquaculture
• Global Food Scenario: Fast Facts
• World Population (in Thousands) by Geographic Region for the Years 2019, 2030, 2050, 2100
• Worldwide Number of Undernourished People in Millions for the Years 2012 through 2018
• Development of Cost-Efficient and Sustainable Aquaculture: Need of the Hour
• Concerns Over Farmed and Genetically Modified Fish
• Emerging Technologies Set to Disrupt the Fisheries and Aquaculture Market
• Blockchain Technology
• Sensors, Big Data & AIS
• Issues Influencing Future Trade in Aquaculture and Related Products
• Aquaculture: Technology Innovations & Advancements
• New Innovative Technology and Practices to Enable Efficient and Sustainable Aquaculture
• Alternative Feed, Vertical Underwater Farming & Re-Circulating Systems: Alternative to Diminishing Wild Fisheries
• Innovations Targeting Sustainable Aquaculture
• Recirculating Aquaculture Systems (RAS)
• Integrated Multi-Trophic Aquaculture
• Seaweed: A High Potential Source for Bioenergy Production
• Disease Prevention, Vaccine Delivery: Focus of Innovation Efforts
• Alternatives to Fish Meal Gain Prominence
• Biomass Daily
• aquaSmart
• Phototrophic Algae in Fish Feeds
• Advanced Feeding Technologies for Enhanced Production of Seafood
• Biotechnology: Towards Safer and Eco-Friendly Aquaculture
• Extensive and Intensive System of Cultivation
• Drones Gaining Popularity in Aquaculture
• Climate Change to Seriously Impact Fish Rearing in the Near Future
• Dangers from Climate Change to Aquaculture across Countries and Regions
• Systems and Species that are Most Vulnerable
• Possible Solutions to Climate Change-Induced Problems
• Aquaculture and Related Environment Concerns
• Toxic Additives and Contaminants in Farmed Fish
• Promotion of Marine Conservation by NGOs
• Fish for Fish Feed
• Organic and Chemical Pollution
• Mangroves and Shrimp Aquaculture
• Intensive Shrimp Farming: A Threat to Environment
• White Spot Disease: A Major Threat for Shrimp Industry
• Predator Control in Aquaculture
• Negative Effects and Risks of Aquaculture
• El Nino and La Nina: Effects on Aquatic Life
• Product Overview
• Aquaculture: Definition
• Why Aquaculture?
• Production Methods
• Freshwater Aquaculture: Semi-Intensive Vs Intensive Systems

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