DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/x7dszm/aquaculture) has announced the addition of the "Aquaculture Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019" report to their offering.
Mollusks Are Expected To Witness The Fastest Growth Among The Aquaculture Species At A CAGR Of 2.6% From 2013 To 2019
Aquaculture includes different kinds of activities including fish farming, oyster farming and shrimp farming and others. The aquaculture industry accounted for 50% of world's fish food in 2012. Increasing consumer awareness regarding health benefits offered by consumption of fish and fish products is expected to be one of the primary factors driving aquaculture production. In addition, reduction in global catch of fishes is another key parameter which is expected to boost aquaculture production within the next few years.
However, the aquaculture market is vulnerable to adverse climatic conditions which led to outbreak of several diseases hampering the production. Increasing adoption of poly-culture systems such as rice and fish farming is expected to open new opportunities for the growth of the market by providing additional food and income by diversifying farm activities. Currently, the market share of aquaculture in the world fisheries industry is less than the captured fish market. According to Organization of Economic Co-operation Development (OECD), the capture fisheries' output is expected to rise by 5% by 2022 whereas aquaculture is expected to increase by 35%. The aquaculture market is expected to surpass capture fisheries market as the main source for human consumption by the end of 2015.
Aquaculture practiced in freshwater was the largest culture environment segment accounting for over 60% of the overall aquaculture production in 2012.
Carps were the major product segment present within the industry and accounted for over 35% of the market share in 2012. They have been one of the fastest growing fish species which dominated the aquaculture production owing to their compatibility in less than ideal environmental conditions and increasing use in poly culture systems such as rice and fish farming. There is a growing demand for mollusks, particularly mussels and clams, due to rising consumer awareness regarding several health benefits associated with their consumption. In addition, the presence of mollusks in tanks and water bodies help in maintaining good water quality by filtering nutrients, sediments and contaminants from the water. Thus, they are being increasingly used in poly-culture systems to improve the quality of the surrounding environment.
China alone contributed to 60% of the worldwide aquaculture production in 2012. Asia Pacific (excluding China) was the second largest contributor to the aquaculture market due to presence of favorable environmental conditions in this region.
Key Topics Covered
1 Preface
2 Executive Summary
2.1 Global production for aquaculture market, 2012 - 2019 (Kilo Tons) (USD Billion)
2.2 Aquaculture - Market Snapshot (2012 and 2019)
3 Global Aquaculture: Industry analysis
3.1 Introduction
3.2 Value chain analysis
3.3 Market drivers
3.4 Market restraint
3.5 Market opportunities
3.6 Porter's five force analysis
3.7 Aquaculture: Market attractiveness analysis
4 Global Aquaculture Market: Culture Environment Analysis
4.1 Global aquaculture market, culture environment overview
5 Global Aquaculture Market: Product Segment Analysis
5.1 Global aquaculture market, product type overview
6 Global Aquaculture Market: Regional Analysis
6.1 North America
6.2 Europe
6.3 Asia Pacific (excluding China)
6.4 China)
6.5 Rest of the World
7 Company profiles
Companies Mentioned
- Asmak
- Blue Ridge Aquaculture
- Cermaq
- Cooke Aquaculture
- Eastern Fish
- Huon Aquaculture
- International Fish Farming
- Marine Harvest
- Nireus Aquaculture
- Promarisco
- Selonda Aquaculture
- Stehr Group
- Stolt Sea Farm
- Tassal Group
- Thai Union Frozen Products Public Company
For more information visit http://www.researchandmarkets.com/research/x7dszm/aquaculture
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