Fish Farming Market size Share, Industry Growth, Business Strategy, Trends and Regional Outlook 2029

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Fish Farming Market size was valued at US$ 337.99 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 5.8% through 2023 to 2029, reaching nearly US$ 501.54 Bn.

Fish Farming Market Scope and Research Methodology

This Fish Farming Market research report provides a comprehensive view of competition, including market share and profiles of major industry rivals worldwide. The study delves into various sectors to examine the factors that influence the industry’s growth.

The top-down and bottom-up approaches are used to validate and estimate market size by segment. Fish Farming Market estimates are based on sale prices, with weights applied to usage rate and average sale price to produce percentage splits, market shares, and segment breakdowns. The geographical divisions are based on the adoption or usage percentage of the market size in each area.

Fish Farming Market Drivers :

Changes in people's food consumption habits all around the world have contributed to the rise of the fish farming market. Consumers find it convenient to purchase packaged fish farming due to the increase of the retail market and easy availability of the product through multiple sales channels, which drives sales figures. Fish aquaculture is currently a requirement to meet food demand and supply. This industry raises fish in a clean environment to ensure that they are of excellent quality and disease-free. Fish farming is also used by companies to help save species that are on the edge of extinction. These are the key factor that drives the growth in the global market during the forecast period 2023-2029.

The surge in vegetarianism and strict laws against animal cruelty are the major factor that hampers the growth of the global fish farming market during the forecast period. On the contrary, the global fish farming industry is expected to benefit from the surge in popularity of protein-rich diets.

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Fish Farming Market Segmentation Analysis:

Based on Formulation, the Tablets Supplements segment held the largest market share of  the Market in 2023. According to the MMR analysis,  It stands out as the dominant segment in Market thanks to its rapid technological advancement and growing adoption of smart devices with data connectivity and integration.

by Environment

Freshwater
Marine Water
Brackish Water

by Fish Type

Fin Fish
Pompano
Snappers
Groupers
Salmon
Milkfish
Tuna
Tilapia
Sea Bream
Seabass
other
Others
Carps
Mackerels
Sea Bream
Trout

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Key players include Fish Farming Industry :

1. Alpha Group Ltd.
2. Fish farming Technologies Asia Limited
3. Cermaq Group AS
4. Cooke Aquaculture
5. Leroy Seafood Group ASA
6. Marine Harvest ASA
7. Nippon Suisan Kaisha, Ltd.
8. P/F Bakkafrost
9. Tassal Group Limited
10.Thai Union Group PLC.
11.Nireus Aquaculture S.A.
12.Blue Ridge Aquaculture
13.The Waterbase Limited
14.Zeal Aqua
15.Selonda Aquaculture S.A.
16.Carter Sons Ltd
17.NSF Certification UK Ltd
18.Mowi ASA
19.Grupo Farallon Fish farming
20.Stolt Sea Farm


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Key Questions Answered in the Fish Farming Market Report are:

  • Which segment asserted the greatest market share in 2024 for Fish Farming ?
    • How does the competitive landscape unfold within the Fish Farming market?
    • What pivotal factors steer the growth trajectory of the Fish Farming market?
    • In the realm of the Fish Farming market, which region commands the most significant market share?
    • What is the anticipated Compound Annual Growth Rate (CAGR) for the Fish Farming market during the forecast period (2024-2030)?

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