Global Aquaculture Market 2016-2020: Key Vendors are Blue Ridge Aquaculture, Cermaq, Cooke Aquaculture, Nireus Aquaculture & Tassal - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Aquaculture Market 2016-2020" report to their offering.

The global aquaculture market to grow at a CAGR of 3.75% during the period 2016-2020.

Aquaculture is the rearing and cultivation of aquatic animals and plants for food under controlled condition. It involves the farming of over 540 species of finfish, mollusks, crustaceans, and other invertebrates; about 35 species of seaweed; over 30 species of freshwater macrophytes; a few species of amphibians and aquatic reptiles; and about 50 species of microalgae and invertebrates as fish-food organisms in hatcheries.

The report covers the present scenario and the growth prospects of global aquaculture market for 2016-2020. To calculate the market size, the report considers the revenue generated from the total market sales of numerous aquaculture products to restaurant owners, as well as retailers and wholesalers. The report also includes a discussion of the key vendors operating in this market.

According to the report, the increasing awareness of the health benefits associated with seafood escalates the growth in consumption, and thus, serves as a key driver for the development of this market. In today's world, the deficiency of micronutrients among millions of people, specifically women and children, has an adverse effect on their health.

Introduction of new aquaculture species will be a key trend for market growth. To further drive market growth, different countries that are mature and well developed in the market like China, Vietnam, the US, Canada, Indonesia, and Norway, are exploring new species, especially those of high value. APAC dominates the practice of introducing high value and low volume species, followed by Europe.

By constant practice of providing value-added products in the market, the competitors of the market are diversifying their range of species with economic and biological potential. For instance, the European market has witnessed the introduction of emerging finfish species such as meagre (Argyrosomus regius), greater amberjack (Seriola dumerili), and wreckfish (Polyprion americanus).

Key vendors

  • Blue Ridge Aquaculture
  • Cermaq
  • Cooke Aquaculture
  • Nireus Aquaculture
  • Tassal

Other prominent vendors

  • American Abalone Farms
  • Dalian Zhangzidao Fishery
  • Eastern Fish
  • Huon Aquaculture
  • International Fish Farming
  • Marine Harvest
  • Norway Royal Salmon
  • Russian Aquaculture
  • Selonda Aquaculture
  • Stolt Sea Farm
  • Taylor Shellfish Farms

For more information about this report visit http://www.researchandmarkets.com/research/22xvv5/global

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Related Topics: Aquaculture

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Aquaculture