by Aquaculture Market is offered. In accordance with the report, the global Aquaculture Market is projected to expand by healthy CAGR over the period of forecast.
Market Insight, Drivers, Restraints& Opportunity of the Market:
The aquaculture market is anticipated to grow from USD xx.x billion in 2020 to USD xx.x billion by 2028, recording a CAGR of x.x% during the forecast period. This is accredited to the growing intake of fish for its nutritious value.
Asia Pacific has accounted for the largest share in the aquaculture market. This is accredited to a rise in the demand for the advanced & latest aquaculture products which help in producing more class output with available land for the aquafarming & enhance the efficiency of the aquaculture operations. Further, aquaculture segments in countries like China, Vietnam, India, Indonesia, & Thailand are majorly export-oriented; aquafarming sector is of major importance in these nations, as players here are concentrating on the technology adoption & automation which is estimated to have a very positive impact on the market in this particular region.
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Segment Covered:
This market intelligence report on the global Aquaculture Market encompasses market segments based on culture, species, production type, rearing product type and country.
By Culture the global Aquaculture Market has been divided into:
- Freshwater
- Marine
- Brackishwater
By Species the global Aquaculture Market has been divided into:
- Aquatic Animals
- Finfishes
- Mollusks
- Crustaceans
- Others
- Aquatic Plants
- Seaweeds
- Microalgae and Other Aquatic Plants
By Culture the global Aquaculture Market has been divided into:
- Equipment
- Containment Equipment
- Water pumps & Filters
- Water Circulating & Aerating Equipment
- Cleaning Equipment
- Feeders
- Others
- Chemicals
- Fertilizers
- Pharmaceuticals
By Production Type the global Aquaculture Market has been divided into:
- Small Scale
- Medium & Large Scale
By country/region, the global Aquaculture Market has been divided into:
- North America (the U.S., Canada),
- Latin America (Brazil, Mexico, Argentina and other countries),
- Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
- Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
- Middle East and Africa (GCC, South Africa, Israel and Other countries).
