DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Aquaculture Market by Environment and by Fish Type - Global Opportunity Analysis and Industry Forecast, 2014-2022" report to their offering.
The global aquaculture market was valued at $169 billion, and is anticipated to expand at a CAGR of 5.3% to reach $242 billion by 2022, as per Allied Market Research.
The global food supply security issue due to increase in global population drives the aquaculture market. New technological advancement in the rearing of fish and cultivation of sea plants also lead to market growth. Increase in the global protein demand, and zooplankton being a major source of proteins, drives the market for aquaculture companies.
Rise in concern towards climate change and global warming are the major restrains in the global aquaculture market, as they increase the risk of diseases in water bodies. Evolution of inland fish farming poses a huge opportunity for this industry, and to utilize technology to rear high-quality fish is a major challenge to this industry.
Recent advancements in the market include an aquaculture contract for Norwegian offshore company Farstad Shipping for its AHTS vessels. The contract was awarded by Ocean Farming AS, a subsidiary of SalMar Group, for the complete mooring installation and hook up of Ocean Farming's semi-submersible offshore fish farm. Rise in alliances among the industry players is expected to boost the market growth.
Comprehensive competitive analysis and profiles of the major market players include:
- Cermaq Group AS (Mitsubishi Corporation)
- Cooke Aquaculture Inc.
- Grupo Farallon Aquaculture
- Leroy Sea Food Group
- Marine Harvest ASA
- P/F Bakkafrost
- Selonda Aquaculture S.A.
- Stolt Sea Farm
- Tassal Group Limited
- Thai Union Group Public Company Limited
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Globalaquaculture Market, By Environment
Chapter 5 Globalaquaculture Market By Fish Type
Chapter 6 Globalaquaculture Market, By Geography
Chapter 7. Company Profile
For more information about this report visit http://www.researchandmarkets.com/research/sskm7x/aquaculture