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Transparency Market Research is Published
new Market Report “Aquaculture (Marine Water, Freshwater and Brackish Water)
Market for Carp, Molluscs, Crustaceans, Salmon, Trout and Other Fishes - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the
global market for aquaculture was valued at USD 135.10 billion in 2012 and is
expected to reach USD 195.13 billion in 2019, growing at a CAGR of 5.1% from
2013 to 2019. In terms of volume, global production was 66.5 million tons in
2012 and is expected to grow at a CAGR of 2.3% from 2013 to 2019.
Browse
the full report with complete TOC at http://www.transparencymarketresearch.com/aquaculture-market.html.
Volume of captured fish is fast depleting and is expected to be one of
the primary factors driving global aquaculture production over the next few
years. In addition, increasing consumer awareness regarding health benefits associated
with consumption of fish and fish products is expected to boost aquaculture
production within the forecast period. Aquaculture is expected to surpass
captured fish industry as the major source for human consumption by the end of
2015. However, parameters such as adverse environmental conditions and lack of
technology are expected to hamper the growth of the market. Increasing practice
of rice and fish farming, which aims at increasing yields of rice grains as
well as fishes is expected to open new opportunities for the growth of the
market within the near future.
Aquaculture practiced in fresh water was the largest culture environment
segment in 2012 accounting for over 60% of the production. It is expected to be
one of the fastest growing segments over the next few years on account of
simulation of the culture environment in enclosed areas such as ponds, cages
and concrete raceways. Aquaculture practiced in marine water is expected to
grow at a CAGR 2.4% from 2013 to 2019 on account of increased consumer
demand for sea water fishes.
Carps were the biggest product segment within the market and accounted
for over 35% of the global production in 2012. Carps, particularly common
carps, have been one of the majorly farmed aquatic species in the industry
owing to their compatibility in less than ideal environmental conditions.
Mollusks such as clams and mussels have been an important food source and are
expected to witness the fastest growth over the next few years. This segment is
expected to grow at a CAGR of 2.6% from 2013 to 2019, owing to their
increasingly use in poly culture systems such as rice and fish farming.
China dominated aquaculture production and accounted for over 60% of the
total share in 2012. In addition, this region is expected to witness the
fastest growth within the forecast period. Cheap labor, ease of availability of
natural resources and induced conditions for aquaculture are some of the key
factors which are expected to contribute significantly to the growth of the
market in this region over the next few years.
The report gives a comprehensive view of the aquaculture market in terms
of volume and revenue. In addition, the report includes current production
analysis and forecast for each culture environment and product segment in North
America, Europe, Asia Pacific (excluding China), China and Rest of
the World (RoW). The report comprises of the following segments:
Aquaculture Market:
Culture Environment Segment Analysis
- Freshwater
- Marine water
- Brackish water
Aquaculture
Market: Product Segment Analysis
- Carps
- Mollusks
- Crustaceans
- Salmon
- Milkfish
- Trout
- Mackerel
- Sea Bream
- Sea Bass
- Others (Catfish and turbot)
The
report provides a cross-sectional analysis of all the above product segments
with respect to the following regions:
- North America
- Europe
- Asia Pacific (excluding China)
- China
- Rest of the World (RoW)
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