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  • Home » Global Aquaculture Market Revenue to Register CAGR of 5.2% Between 2016 and 2026

Global Aquaculture Market Revenue to Register CAGR of 5.2% Between 2016 and 2026

July 27, 2018 by MarketResearch.biz Crew

Global Aquaculture Market

The fresh water environment segment in the global aquaculture market is estimated to account for majority revenue share in 2017, and this segment is projected to be US$ 98.8 Bn in 2017.

The Others product segment which includes herrings, sardines, anchovies, eels, etc. is expected to be largest segment with a revenue US$ 44.4 Bn in 2017, and is expected to continue its dominance during the forecast period.

The aquaculture market in Asia Pacific is estimated to account for major revenue share of US$ 102.3 Bn in 2017, while the market in Asia Pacific is expected to register a lucrative CAGR in next ten years owing to growing demand for seafood in the region. North America is expected to be second fastest growing region. Increasing government initiatives for development of the aquaculture sector in the US are expected to drive growth of the North America market.

Key players operating in the global aquaculture market include 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

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