Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market, by Type (Recirculating Aquaculture Systems, Disc Filtration System, Ultraviolet (UV) Light Disinfection Systems, and Water Analytic Instruments), by Application

Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market, by Type (Recirculating Aquaculture Systems, Disc Filtration System, Ultraviolet (UV) Light Disinfection Systems, and Water Analytic Instruments), by Application (Freshwater and Seawater), Freshwater and Seawater is sub-segmented into (Carps, Barbels & Other Cyprinids, Miscellaneous Fresh Water Fishes, Clams, Cockles, Arkshells, Oysters, Tilapias & Other Cichlids, Shrimps, Prawns, Salmon, Trout, Smelts, Freshwater Crustaceans, Scallops, Pectens, and Others), and by Region (North America, Europe, Asia Pacific, and Latin America, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

The global aquaculture water treatment systems market and recirculating aquaculture systems (RAS) market was valued at US$ 8,320.0 million in 2017 and is projected to exhibit a CAGR of 15.3% over the forecast period, reaching US$ 32,165.8 million by 2027. Recirculating aquaculture system (RAS) is a technique used for farming variety of fishes, wherein processed water is constantly reconditioned and reused. The steps in recirculating aquaculture system (RAS) includes solids removal, ammonia removal, CO2 removal, and oxygenation.
Market Dynamics
Increasing demand for recirculating aquaculture system in areas where water is scarce and the land is too expensive for fish farming. RAS systems occupy minimal land and require less water compared to open net-pen aquaculture, which is expected to increase demand for RAS systems in these regions.
Prominent players in the market are focusing on strategies such as collaboration, in order to expand their geographic presence. For instance, in October 2021, AquaOptima entered into a collaboration with Vikan Settefisk, a producer of tuna, to build a new recirculating aquaculture system (RAS) smolt plant in Trondheim, Norway. In September 2019, NaturalShrimp, Inc., an aquaculture company, collaborated with barramundi producer Hanilu Farm to increase the growth rate of indoor barramundi aquaculture operations.
However, high set up costs for building or deploying a recirculating aquaculture system (RAS) is one of the major factors restraining growth of the market. Installation of a recirculating aquaculture system requires tremendous capital investment compared to open-water net pen systems. Moreover, according to statistics from the Conservation Fund, in 2015, building two production sites for open-water net pen systems required a capital amount of around US$ 12.3 million and building one production recirculating aquaculture system (RAS) cost around US$ 32 million.

Market Taxonomy
The global aquaculture water treatment systems market and recirculating aquaculture systems (RAS) market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into recirculating aquaculture systems (RAS), disc filtration system, ultraviolet light disinfection systems, and water analytics instrument. On the basis of application, the market is segmented into freshwater and seawater. Freshwater and seawater is sub-segmented into carps, barbels & other cyprinids, miscellaneous fresh water fishes, clams, cockles, arkshells, oysters, tilapias & other cichlids, shrimps, prawns, salmon, trout, smelts, freshwater crustaceans, scallops, pectens, and others. On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
Key features of the study:
This report provides an in-depth analysis of the global aquaculture water treatment systems market and recirculating aquaculture systems (RAS) market and provides market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by leading players
It profiles leading players in the global aquaculture water treatment systems market and recirculating aquaculture systems (RAS) market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include AKVA group, Aquafine Corporation, Aquamaof Aquaculture Technologies Ltd, AquaOptima AS, Artec Aqua AS, ATG UV Technology, Billund Aquaculture, BioFishency Ltd., Clewer Aquaculture Oy, Global RAS Fishery & Co., Hesy Aquaculture B.V., MAT LSS - Aquarium Filtration Systems, Pentair PLC. (Pentair Aquatic Eco-Systems, Inc.), RADAQUA, Senect Gmbh & Co. KG, Sterner AS, The Indian Aqua, Veolia Group, Water Management Technologies, Inc., and Xylem Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global aquaculture water treatment systems market and recirculating aquaculture systems (RAS) market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global aquaculture water treatment systems market and recirculating aquaculture systems (RAS) market
Detailed Segmentation:
Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market, By Type:
Recirculating Aquaculture Systems
Disc Filtration System
Ultraviolet (UV) Light Disinfection Systems
Water Analytic Instruments
Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market, By Application:
Freshwater
Carps, Barbels & Other Cyprinids
Miscellaneous Fresh Water Fishes
Clams, Cockles, Arkshells
Oysters
Tilapias & Other Cichlids
Shrimps, Prawns
Salmon, Trout, Smelts
Freshwater Crustaceans
Scallops, Pectens
Others
Seawater
Carps, Barbels & Other Cyprinids
Miscellaneous Fresh Water Fishes
Clams, Cockles, Arkshells
Oysters
Tilapias & Other Cichlids
Shrimps, Prawns
Salmon, Trout, Smelts
Freshwater Crustaceans
Scallops, Pectens
Others
Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market, By Region:
North America
By Country
U.S.
Canada
By Segmentation
Market Size and Forecast, By Type, 2017 - 2027 (US$ Million)
Market Size and Forecast, By Application, 2017 - 2027 (US$ Million)
Europe
By Country
U.K.
Germany
Italy
France
Russia
Rest of Europe
By Segmentation
Market Size and Forecast, By Type, 2017 - 2027 (US$ Million)
Million)
Market Size and Forecast, By Application, 2017 - 2027 (US$ Million)
Asia Pacific
By Country
China
India
Japan
Australia
Rest of Asia Pacific
By Segmentation
Market Size and Forecast, By Type, 2017 - 2027 (US$ Million)
Market Size and Forecast, By Application, 2017 - 2027 (US$ Million)
Latin America
By Country
Brazil
Argentina
Mexico
Chile
Rest of Latin America
By Segmentation
Market Size and Forecast, By Type, 2017 - 2027 (US$ Million)
Million)
Market Size and Forecast, By Application, 2017 - 2027 (US$ Million)
Middle East & Africa
By Country
GCC Countries
South Africa
Rest of Middle East & Africa
By Segmentation
Market Size and Forecast, By Type, 2017 - 2027 (US$ Million)
Market Size and Forecast, By Application, 2017 - 2027 (US$ Million)
Company Profiles
AKVA group
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Aquafine Corporation
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Aquamaof Aquaculture Technologies Ltd
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
AquaOptima AS
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Artec Aqua AS
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
ATG UV Technology
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Billund Aquaculture
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
BioFishency Ltd.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Clewer Aquaculture Oy
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Global RAS Fishery & Co.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Hesy Aquaculture B.V.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
MAT LSS - Aquarium Filtration Systems
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Pentair PLC. (Pentair Aquatic Eco-Systems, Inc.)
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
RADAQUA
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Senect Gmbh & Co. KG
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Sterner AS
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
The Indian Aqua
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Veolia Group
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Water Management Technologies, Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
Xylem Inc.
Company Overview
Product Portfolio
Financial Performance
Recent Developments/Updates
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