Mariculture is a part of aquaculture business, which enhances the production of seafood through rearing of fishes in saltwater condition or marine aquaculture. It is reared in an enclosed section of the ocean, or in tanks, cages locked ponds or raceways. It also cultured aquatic plants such as seaweeds and microphytes for nutritional and industrial end use. Mariculture has been a major business in the coastal areas for the last few decades. This provides food, employment, and essential products from multiple marine sources. Increasing population across the globe has led to a rise in demand for seafood. Additionally, seafood such as salmon, tuna, cod, prawns, oysters, lobster, mackerel, anchovies, and crabs are popularly consumed across the globe. These are also considered commercial seafood, which generate significant revenue and in turn drive the mariculture market. Increase in demand for marine-based products is anticipated to drive the global mariculture market during the forecast period.
Major
Key Players of the Mariculture Market are:
Carter & Sons Ltd, Cermaq ASA, Cooke
Aquaculture Inc., Nireus Aquaculture S.A., NSF Certification UK Ltd, Selonda
Aquaculture S.A., Blue Ridge Aquaculture, Inc., P/F Bakkafrost, AKVA Group,
Mariculture Systems, Tassal Group Ltd., The Waterbase Limited, The Aqua Maof
Group, Garware Wall Ropes Ltd. Zeal Aqua, and Reed Mariculture.
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The global mariculture
market can be segmented based on type, culture or rearing, operation, material,
and geography. In terms of type, the global mariculture market can be
bifurcated into seawater ponds, tank farming, algaculture, sea cage farming,
long line farming, raceway farming, fish hatcheries, and integrated
multitrophic mariculture. Based on culture or rearing, the global mariculture
market can be classified into fish, molluscs, crustaceans, aquatic plants &
microphytes, and others, which includes other aquatic plants and animals. In
terms of operation, the global mariculture market can be segregated into fixed
cage, floating cages, submerged cages, and submersible cages. Furthermore,
based on material, the market can be split into nylon, polyester, HDPE PE, and
others, which includes steel and copper alloys.
In terms of region,
the global mariculture market can be segmented into North America, Europe, Asia
Pacific, Middle East & Africa, and South America. Increase in demand for
seafood along with seaweeds has boosted the mariculture in North America.
Dependence on seafood for consumption in the Caribbean region is driving
mariculture market in North America. The presence of a long coastline equipped
with strong marine technology propels the mariculture market in Europe. In Asia
Pacific, mariculture seems to be prominent owing to the demand for marine
products from the last four decades. Additionally, the presence of diversified
oceanographic conditions has promoted the mariculture market in APAC region.
Increase in demand for seafood drives the mariculture market in Middle East
& Africa. Furthermore, the presence of significant quantity of aquatic
species coupled with a long coastline is expected to boost the mariculture
market in the region during the forecast period. South America is also expected
to provide good growth opportunities for the mariculture market owing to the
presence of 8,000 km of coastline along with five large hydrographical basins.
The report offers a
comprehensive evaluation of the market. It does so via in-depth qualitative
insights, historical data, and verifiable projections about market size. The
projections featured in the report have been derived using proven research
methodologies and assumptions. By doing so, the research report serves as a
repository of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and applications.
The study is a
source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional
analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru,
Chile, and others)
- Western Europe (Germany, U.K., France,
Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN,
Australia, and New Zealand)
- Middle East and Africa (GCC, Southern
Africa, and North Africa)
Research
objectives:-
– To study and analyze the global Mariculture
consumption (value & volume) by key regions/countries, product type and
application, history data.
– To understand the structure of the Mariculture market by identifying its
various sub-segments.
– Focuses on the key global Mariculture manufacturers, to define, describe and
analyze the sales volume, value, market share, market competitive landscape,
SWOT analysis, and development plans in the next few years.
– To analyze the Mariculture with respect to individual growth trends, future prospects,
and their contribution to the total market.
– To share detailed information about the key factors influencing the growth of
the market (growth potential, opportunities, drivers, industry-specific
challenges and risks).
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In the end, Mariculture industry report
specifics the major regions, market scenarios with the product price, volume,
supply, revenue, production, and market growth rate, demand, forecast and so
on. This report also presents SWOT analysis, investment feasibility analysis,
and investment return analysis.
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