Fish Farming Market Share, Growth, Trends, Key Players, Investment Opportunities and Future Scope 2030: Markntel Advisors
MarkNtel Advisors has recently published a research report that delves into the Global Fish Farming Market Research Report: Forecast (2024-2030). This report aims to improve user comprehension and facilitate informed decision-making by thoroughly examining significant changes, gap analyses, emerging opportunities, trends, industry dynamics, and competitive challenges. Utilizing both qualitative and quantitative data, the report provides a comprehensive overview, offering detailed growth prospects and succinct insights into competitors to familiarize both established businesses and newcomers with the current market scenario.
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Fish Farming Market Insight and Analysis:
The Global Fish Farming Market size is valued at
USD 320 billion in 2023 and is expected to reach USD 552 Billion by 2030. Along
with this, the market is estimated to grow at a CAGR of around 6.59% during the
forecast period, i.e., 2024-30
Global
Fish Farming Market Driver:
Increasing Usage of Fishes in Cosmetic &
Pharmaceutical Applications – In recent years, the pharmaceutical &
cosmetic industries have recognized the importance of fishes to develop several
medicines & beauty products. Based on several researches, it is found and
validated that the fishes provide essential nutrients when combined with other
ingredients of medicinal drugs & cosmetic products like lotions &
beauty creams. Therefore, the top companies are necessarily utilizing the fish,
its oil, and skin to develop their products. This is amplifying the demand for
a wide range of fish and thus highlighting the importance of fish farming
across the globe.
Additionally, both pharma & cosmetic companies are
actively working on developing a new & innovative range of products. As a
result, they are increasingly conducting clinical trials. As of 2023, more than
4,52,604 clinical trials were registered worldwide as per the government
organization. During the clinical trials, fish are extensively utilized to test
the efficacy of the products. Thus, the increasing R&D within the pharma
& cosmetic industry would continue to raise the demand for fish, enhancing
the Global Fish Farming market size.
Fish
Farming Industry Segmentation:
-By
Method Type
-Extensive
Fish Farming- Market Size & Forecast 2019-2030F, (USD Million)
-Intensive
Fish Farming- Market Size & Forecast 2019-2030F, (USD Million)
- By
Fish Type
-Catfish-
Market Size & Forecast 2019-2030F, (USD Million)
-Tilapia-
Market Size & Forecast 2019-2030F, (USD Million)
-Sardines-
Market Size & Forecast 2019-2030F, (USD Million)
-Salmon-
Market Size & Forecast 2019-2030F, (USD Million)
-Trout-
Market Size & Forecast 2019-2030F, (USD Million)
-Tuna-
Market Size & Forecast 2019-2030F, (USD Million)
-Others
(Sea Bass, Eel, etc.)- Market Size & Forecast 2019-2030F, (USD Million)
-By
Environment
-Brackish
Water- Market Size & Forecast 2019-2030F, (USD Million)
-Freshwater-
Market Size & Forecast 2019-2030F, (USD Million)
-Marine
Water- Market Size & Forecast 2019-2030F, (USD Million)
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Geographically
Analysis:
By
Region
-North
America
-South
America
-Europe
-Middle
East & Africa
-Asia-Pacific
𝐋𝐢𝐬𝐭
𝐨𝐟
𝐏𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭
𝐏𝐥𝐚𝐲𝐞𝐫𝐬:
A thorough examination of the competitive
landscape of the market involves a comprehensive analysis of its key
competitors. This analysis delves deep into each company's profile, financial
achievements, market presence, potential, Research and Development (R&D)
expenditures, recent strategic initiatives in the market, footprint, strengths,
weaknesses, and market dominance. The information provided offers a comprehensive
overview of the leading market players, including Bakkafrost, SalMar ASA,
Thai Union Group PCL, Cermaq Group AS, Cooke Aquaculture, Leroy Seafood Group
ASA, Mowi ASA, Maruha Nichiro Corporation, Tassal Group Limited, Nireus, Stolt
Sea Farm, Huon Aqua, Stehr Group, BlueNalu, SalmonChile, AJD Tuna Limited, and
Others.
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About Us:
MarkNtel Advisors is a leading research, consulting, & data
analytics firm that provides an extensive range of strategic reports on diverse
industry verticals. We deliver data to a substantial & varied client base,
including multinational corporations, financial institutions, governments,
& individuals, among others.
Our specialization in niche industries & emerging geographies allows
our clients to formulate their strategies in a much more informed way and
entail parameters like Go-to-Market (GTM), product development, feasibility
analysis, project scoping, market segmentation, competitive benchmarking,
market sizing & forecasting, & trend analysis, among others, for 15
diverse industrial verticals.
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