Global Aquaculture Market Expected To Reach USD Billion by 2020 Grand View Research has announced the addition of "Global Aquaculture Market Analysis And Segment Forecasts To 2020" Market Research report to their DatabaseGlobal Aquaculture Market Analysis And Segment Forecasts To 2020
The global market for aquaculture ( analysis/aquaculture-market) is expected to reach USD billion by 2020, according to a new study by Grand View Research, Inc. Aquaculture includes farming of aquatic organisms such as molluscs, fish, crustaceans and other aquatic flora and fauna. Increasing consumer awareness of health benefits associated with seafood and growing consumption serves as a key driver for development of the market. In addition, the market demand is expected to be further fuelled by the lack of naturally available varieties owing to extensive fishing. Rice-fish culture is expected to serve as key growth opportunity for this market over the next six years. analysis/aquaculture-market Carps were the largest product segment, accounting for 25,137.6 kilo tons of global aquaculture demand in 2013 and is expected to reach 29,462.8 kilo tons in 2020, growing at a CAGR of 2.2% from 2014 to The demand for carps is expected to rise as it is one of the prime cultivated fish due to its high compatibility with non-ideal environmental conditions and its extensive use in fish farming. Molluscs were the second largest product segment, with market demand exceeding 16,619.6 kilo tons in 2013, owing to health benefits resulting in high consumption. The report “Aquaculture Market Analysis By Culture Environment (Fresh Water, Marine Water, Brackish Water), By Product (Carps, Crustaceans, Mackerel, Milkfish, Molluscs, Salmon, Sea Bass, Sea Bream, Trout) And Segment Forecasts To 2020,” is available now to Grand View Research customers and can also be purchased directly at
Further key findings from the study suggest: Global aquaculture demand was 69,230 kilo tons in 2013 and is expected to reach 80,400 kilo tons by 2020, growing at a CAGR of 2.0% from 2014 to China was largest market for aquaculture, accounting for about 53% of global market share, valued at USD 77,934.8 million in The market is expected to show rapid growth due to favourable climatic conditions for aqua farming, availability of resources and labour. Asia Pacific (excluding China) was the second largest market for aquaculture with market demand of kilo tons in 2013, and is estimated to grow with a CAGR of 2.1% from 2014 to 2020 due to ideal climatic conditions and technological innovation in this region. In 2013, fresh water was the largest culture environment for aquaculture with market share of over 60% and is expected to witness swift growth, at an estimated CAGR of 2.2% from 2014 to Key participants in global aquaculture market include Tassal Group Ltd., Blue Ridge Aquaculture, Cooke Aquaculture Inc., Nireus Aquaculture S.A and Cermaq ASA, among others. For More
Request free sample of this report analysis/aquaculture-market/requesthttp:// analysis/aquaculture-market/request For the purpose of this study, Grand View Research has segmented the global aquaculture market on the basis of culture environment, product and region: Aquaculture Culture Environment Outlook (Volume, Kilo Tons; Revenue, USD Million, ) Fresh Water Marine Water Brackish Water Aquaculture Product Outlook (Volume, Kilo Tons; Revenue, USD Million, ) Carps Crustaceans Mackerel Milkfish Molluscs Salmon Sea Bass Sea Bream Trout Other species Aquaculture Region Outlook (Volume, Kilo Tons; Revenue, USD Million, ) North America Europe Asia Pacific (excluding China) China RoW Browse all reports at frozen-foodshttp:// frozen-foods
About Grand View Research: Grand View Research, Inc. is a market research and consulting company that provides off-the- shelf, customized research reports and consulting services. To help clients make informed business decisions, we offer market intelligence studies, ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and energy. With a deep-seated understanding of varied business environments, Grand View Research provides strategic objective insights. For more information, visit Contact: Sherry James Corporate Sales Specialist, USA Grand View Research, Inc Phone: Toll Free: