Press release
2021 Aquaculture Industry Global Analysis Report
Aquaculture is defined as the activity of fish farming. This procedure of farming involves interventions in rearing process to boost production, such as regular stocking, feeding, and protection from predators. Aquaculture farming involves around 580 species that are currently farmed all over the world, representing a wealth of genetic diversity both within and among species.
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Based on production, the small-scale segment is estimated to have a lucrative growth due to the growing demand for aqua products for their protein-rich content, small-scale farming is adopted by developing regions such as Africa, South America and Asia Pacific. Furthermore, the governments of these countries are taking various initiatives to support aqua farming in these regions, as it is one of the major sources of employment. By geography, Asia Pacific is going to have high growth during forecast period due to rise in demand for advanced and latest aquaculture products that help in producing more quality output with available land for aqua farming and enhance the efficiency of aquaculture operations.
Some of the key players profiled in the Aquaculture Market include AKVA Group, Aquaculture Equipment Ltd, Aquaculture of Texas, Inc, Aquaculture System Technologies, LLC., Asakua, CPI Equipment Inc., Frea Aquaculture Solutions, Lifegard Aquatics, Luxsol, Pentair PLC, Pioneer Group, Reef Industries, Inc., Tan International Ltd and Xylem Inc.
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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