Gmi Research's blog : Fish Farming Market Research report
Global Fish Farming Market by
Environment and by region
The GMI Research anticipates that
the Fish
Farming Market will undergo growth in demand over the forecast period. This
is because of the accelerating apprehension towards health and the aggravating
demand for fish.
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Introduction of the Fish Farming
Market
Key Players of Market:
·
Fish farming Technologies Asia Limited
·
Alpha Group Ltd.
·
Cermaq Group AS
·
Lerøy Seafood Group ASA.
·
Marine Harvest Group
·
Cooke Aquaculture Inc.
·
Nippon Suisan Kaisha Ltd.
·
Tassal Group Limited
·
P/F Bakkafrost
·
Thai Union Group PCL
Fish Farming Market Dynamics
The ongoing technological
progression in fish farming, aggravating demand of protein from fisheries and
livestock, as well as the surging production of fish to cater to the food
supply, are enlarging the size of the global fish
farming market. Also, the acceleration in the current population
compared to the last 20-30 years as a result of the increasing rural to urban
migration is further strengthening the market size. Further, fisheries play an
essential role in the human diet owing to the production of natural fish
products with enormous benefits and without the use of extra nutrients ad
antibiotics. Thus, fish is considered as the most economical and dependable
meat source to acquire animal protein which is contributing to the market
growth.
Besides this, people living in
protein do not have ingress to the required amount of nutritional food for
their welfare. They mostly consume cheaper staples or cereals, led by their
budget restrictions to purchase vegetables or fruits. Thus, the fish acquired
through aquaculture is relatively low cost and has higher protein with other
essential minerals and vitamins. In addition, fish offers enormous health
benefits such as less risk of heart diseases, enhanced vision, less depression,
and cholesterol, which further stimulate the market growth. Thus, the surge in
fish production to serve the food supply is energizing the Fish Farming Market Growth.
Additionally, the rising pressure
of fish production on fisheries has supplemented the need to implement
inventive and novel technologies for aquaculture. Thereby, the execution of
sophisticated technologies such as augmented reality (AR), Sensors, 3D
printing, drones, artificial intelligence, and robots are offering enormous
growth opportunities. For instance, a fish robot invented by MIT, which almost
imitates the movements and motions of an original fish. These technologies offer
chances to acknowledge and study the organic environment of fishes. These
acknowledgments about the environment of fish assist in offering an enhanced
natural experience to fishes beneath production. Hence, continuous
technological innovations are projected to supplement the Fish Farming Market Share.
Environment Segment Drivers
In accordance with the
environment, the market is subdivided into marine, brackish, and freshwater.
Amongst which, the freshwater segment is contemplated to sustain its supremacy
over the forecast period. The persistent encouragement of implementing
freshwater fish farming by the government of various countries has complemented
the Fish Farming
Market Size.
Fish Farming Market Segmentation:
Segmentation by Environment
·
Freshwater
·
Marine Water
·
Brackish Water
Segmentation by Type
·
Fin Fish
o
Pompano
o
Snappers
o
Groupers
o
Salmon
o
Milkfish
o
Tuna
o
Tilapia
o
Catfish
o
Seabass
o
Others
·
Others
Segmentation by Region:
·
Europe
o
United Kingdom
o
Germany
o
France
o
Spain
o
Rest of Europe
·
Asia Pacific
o
China
o
Japan
o
India
o
Rest of APAC
·
North America
o
United States of America
o
Canada
·
RoW
o
UAE
o
Brazil
o
South Africa
o
Saudi Arabia
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