Fish Farming Market Valued at USD 320 BILLION IN 2023, Growing at an 6.59% CAGR – Exclusive Report by MarkNtel Advisors
Market Insights and Analysis: Fish Farming Market Overview and Projections (2024-2030)
The Global Fish Farming Market size is valued at USD 320 billion in 2023 and is expected to reach USD 552 Billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 6.59% during the forecast period, i.e., 2024-30.
Top leading companies in the Fish Farming Market includes:
Bakkafrost, SalMar ASA, Thai Union Group PCL, Cermaq Group AS, Cooke Aquaculture, Leroy Seafood Group ASA, Mowi ASA, Maruha Nichiro Corporation, Tassal Group Limited, Nireus, Stolt Sea Farm, Huon Aqua, Stehr Group, BlueNalu, SalmonChile, AJD Tuna Limited, and Others.
Recent Developments
- 2023: Tassal Group Limited announced the acquisition of MPA Fish Farms Pty Ltd which operates as Australia’s only ocean-based barramundi farm at Cone Bay.
- 2023: Bakkafrost signed an agreement to build a big new hatchery in Skálavík, Faroe Islands to increase production capacity by nearly 7 million smolts, each weighing 500g.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Method Type
-Extensive Fish Farming
-Intensive Fish Farming
By Fish Type
-Catfish
-Tilapia
-Sardines
-Salmon
-Trout
-Tuna
-Others (Sea Bass, Eel, etc.)
- Salmon holds a notable market share in the Global Fish Farming Market.
By Environment
-Brackish Water
-Freshwater
-Marine Water
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Fish Farming Market Geographic Reach:
The Geographic Reach of the Fish Farming Market evaluates the spread and significance of Fish Farming market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
- North America: The US, Canada, Mexico
- South America: Brazil, Argentina, Rest of South America
- Europe: Germany, The UK, France, Italy, Spain, Rest of Europe
- Asia-Pacific: China, Japan, India, South Korea, Australia, Rest of Asia-Pacific
- Middle East & Africa: The UAE, Saudi Arabia, South Africa, Egypt, Rest of Middle East & Africa
Note: If you require specific information not covered in the current report, we can provide it through customized option
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