Market Overview:
The global aquaculture equipment market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for seafood products, rising population and income levels, and technological advancements in aquaculture equipment. The containment equipment segment is expected to dominate the global aquaculture equipment market during the forecast period. This can be attributed to the increasing demand for fish farming as it helps reduce environmental impact and improve food security. The aerators segment is projected to grow at a high CAGR during the forecast period owing to its ability of improving water quality and oxygen levels in tanks or ponds, which helps promote better growth of aquatic animals or plants.
Product Definition:
Aquaculture equipment is used to raise and harvest fish, shellfish, and other aquatic organisms. It includes tanks, nets, cages, hatcheries, feeders and filters. Aquaculture equipment is important because it allows farmers to produce seafood in a controlled environment.
Containment Equipment:
Containment equipment is used to confine or restrain fish, poultry, etc. within a tank or container for transportation and/or handling purposes. It can be used in fresh as well as saltwater aquaculture. Containment equipment finds application in both freshwater and marine aquaculture; however it plays a major role in seawater aquaculture (freshwater only if we are talking about inland water species).
Aerators:
Aerators are used in aquaculture equipment to mix oxygen into water for fish. It is an essential component of aquaculture systems as it helps in maintaining the dissolved oxygen level and also helps remove harmful carbon dioxide from the system. Aeration can be done with the help of mechanical aerators, bio-wheel aerator or gaseous aerator.
Application Insights:
Aquatic animals segment held the largest share of more than 60.0% in 2017. The application is anticipated to witness a high growth rate over the forecast period owing to rising importance for fish and other aquatic species in human nutrition as well as for recreational purposes. Aquaculture plays an important role in providing food sources for humans and also helps reduce fishing pressure on wild species of fish which are often considered as a delicacy by humans across various regions globally.
Growing importance of aquaculture products such as meat, eggs, and fins among consumers from developed countries including U.S., Canada, Germany, U.K.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of over 6% from 2018 to 2030 owing to increasing aquaculture production in the U.S., Canada, and Mexico. Asia Pacific is anticipated to be the fastest-growing regional market at a CAGR of XX% during the forecast period due to rapid expansion of fish farming activities in countries such as China, India, Indonesia, South Korea, and Japan. Furthermore expansions are also taking place in other Asian countries such as Bangladesh and Pakistan where water resources are limited thus making it an ideal area for intensive farming operations requiring large scale equipment installation or replacement/upgrade which will drive demand further.
The European market was valued at USD X billion in 2017.
Growth Factors:
- Increasing demand for seafood: Aquaculture equipment market is expected to grow as the demand for seafood increases. The global population is growing and with it, the demand for food including seafood. Aquaculture is a sustainable way of meeting this increasing demand as it does not deplete natural resources like wild fisheries.
- Technological advancements: The aquaculture equipment market is expected to grow due to technological advancements that are making aquaculture more efficient and productive. For instance, there has been a recent increase in the use of recirculating aquaculture systems (RAS) which recycles water and helps reduce environmental impact.
- Rising awareness about health benefits of consuming seafood: There has been an increase in awareness about the health benefits of consuming seafood, especially among women and young people who are increasingly looking for healthy protein alternatives to meat products. This is driving growth in the aquaculture equipment market as producers look to meet this rising demand by expanding their production capacity through new investments in technology and infrastructure development .
- .Increasing investment by private players
Scope Of The Report
Report Attributes
Report Details
Report Title
Aquaculture Equipment Market Research Report
By Type
Containment Equipment, Aerators, Feeders, Water Pumps and Filters, Others
By Application
Aquatic Animals, Aquatic Plants
By Companies
Pentair, Aquaculture Equipment Ltd, AKVA Group, Aquaculture System Technologies, Luxsol, Xylem, Pioneer Group, CPI Equipment, Asakua, Frea Aquaculture Solutions, Pentair
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Aquaculture Equipment Market Report Segments:
The global Aquaculture Equipment market is segmented on the basis of:
Types
Containment Equipment, Aerators, Feeders, Water Pumps and Filters, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aquatic Animals, Aquatic Plants
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Pentair
- Aquaculture Equipment Ltd
- AKVA Group
- Aquaculture System Technologies
- Luxsol
- Xylem
- Pioneer Group
- CPI Equipment
- Asakua
- Frea Aquaculture Solutions
- Pentair
Highlights of The Aquaculture Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Containment Equipment
- Aerators
- Feeders
- Water Pumps and Filters
- Others
- By Application:
- Aquatic Animals
- Aquatic Plants
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aquaculture Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Aquaculture equipment is used to raise fish and other aquatic creatures in captivity. It can include tanks, filters, pumps, and other devices.
Some of the major players in the aquaculture equipment market are Pentair, Aquaculture Equipment Ltd, AKVA Group, Aquaculture System Technologies, Luxsol, Xylem, Pioneer Group, CPI Equipment, Asakua, Frea Aquaculture Solutions, Pentair.
The aquaculture equipment market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aquaculture Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aquaculture Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aquaculture Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aquaculture Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aquaculture Equipment Market Size & Forecast, 2018-2028
4.5.1 Aquaculture Equipment Market Size and Y-o-Y Growth
4.5.2 Aquaculture Equipment Market Absolute $ Opportunity
Chapter 5 Global Aquaculture Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aquaculture Equipment Market Size Forecast by Type
5.2.1 Containment Equipment
5.2.2 Aerators
5.2.3 Feeders
5.2.4 Water Pumps and Filters
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aquaculture Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aquaculture Equipment Market Size Forecast by Applications
6.2.1 Aquatic Animals
6.2.2 Aquatic Plants
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aquaculture Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aquaculture Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aquaculture Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Aquaculture Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aquaculture Equipment Market Size Forecast by Type
9.6.1 Containment Equipment
9.6.2 Aerators
9.6.3 Feeders
9.6.4 Water Pumps and Filters
9.6.5 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aquaculture Equipment Market Size Forecast by Applications
9.10.1 Aquatic Animals
9.10.2 Aquatic Plants
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aquaculture Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Aquaculture Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aquaculture Equipment Market Size Forecast by Type
10.6.1 Containment Equipment
10.6.2 Aerators
10.6.3 Feeders
10.6.4 Water Pumps and Filters
10.6.5 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aquaculture Equipment Market Size Forecast by Applications
10.10.1 Aquatic Animals
10.10.2 Aquatic Plants
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aquaculture Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aquaculture Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aquaculture Equipment Market Size Forecast by Type
11.6.1 Containment Equipment
11.6.2 Aerators
11.6.3 Feeders
11.6.4 Water Pumps and Filters
11.6.5 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aquaculture Equipment Market Size Forecast by Applications
11.10.1 Aquatic Animals
11.10.2 Aquatic Plants
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aquaculture Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Aquaculture Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aquaculture Equipment Market Size Forecast by Type
12.6.1 Containment Equipment
12.6.2 Aerators
12.6.3 Feeders
12.6.4 Water Pumps and Filters
12.6.5 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aquaculture Equipment Market Size Forecast by Applications
12.10.1 Aquatic Animals
12.10.2 Aquatic Plants
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aquaculture Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aquaculture Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aquaculture Equipment Market Size Forecast by Type
13.6.1 Containment Equipment
13.6.2 Aerators
13.6.3 Feeders
13.6.4 Water Pumps and Filters
13.6.5 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aquaculture Equipment Market Size Forecast by Applications
13.10.1 Aquatic Animals
13.10.2 Aquatic Plants
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aquaculture Equipment Market: Competitive Dashboard
14.2 Global Aquaculture Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Pentair
14.3.2 Aquaculture Equipment Ltd
14.3.3 AKVA Group
14.3.4 Aquaculture System Technologies
14.3.5 Luxsol
14.3.6 Xylem
14.3.7 Pioneer Group
14.3.8 CPI Equipment
14.3.9 Asakua
14.3.10 Frea Aquaculture Solutions
14.3.11 Pentair
