Aquaculture is the process of breeding, rearing, and harvesting of fish, shellfish, plants, algae, and other organisms in all types of water environments. The first five-year cumulative revenue Aquaculture Market (2017-2021) is projected to be US$ 961.8 Bn, which is expected to increase rather moderately over the latter part of the five-year forecast period.
Global Aquaculture Market: Segmental Snapshot
By environment: The marine water segment accounted for second highest revenue share contribution in the global aquaculture market, and is expected to register a CAGR over 4.5% between 2017 and 2026
By product: The Salmon product segment is expected to account for a significant revenue share in the global market, and is expected to register CAGR of over 6% over the forecast period.
By region: The market in Asia Pacific accounted for highest revenue share in the global aquaculture market in 2016, and is expected to register a CAGR over 5% between 2017 and 2026.
The research report on the global aquaculture market includes profiles of some of major companies such as Cermaq Group AS, Cooke Aquaculture Inc., Grupo Farallon Aquaculture, Lerøy Midt AS, Marine Harvest ASA, P/F Bakkafrost, Tassal Group Limited, Thai Union Group Public Company Limited, Blue Ridge Aquaculture, Inc., and Huon Aquaculture Group Limited.
Source of Infographics:Â Aquaculture Market Infographics By MarketResearch