Aquaculture Healthcare Market Analysis And Forecast To 2031: By Product (Drug, Vaccines, Medicated Feed Additives), By Species (Fish, Crustaceans), By Infections (Bacterial Infections, Viral Infections, Parasitic Infections, Fungal Infections) By Route of

Aquaculture Healthcare Market Analysis And Forecast To 2031: By Product (Drug, Vaccines, Medicated Feed Additives), By Species (Fish, Crustaceans), By Infections (Bacterial Infections, Viral Infections, Parasitic Infections, Fungal Infections) By Route of Administration (Oral, Injectable, Topical), And Region

The global Aquaculture Healthcare Market was valued at USD 1.3 billion in 2021 and it is anticipated to grow up to USD 1.6 billion by 2031, at a CAGR of 1.8% during the forecast period.

Aquaculture healthcare is the medical care and treatment of fish and other aquatic animals in aquaculture settings. This includes both preventive measures to maintain the health of the animals and treatment of sick or injured animals. Aquaculture healthcare is a vital part of ensuring the welfare of the animals and the quality of the products produced. Aquaculture healthcare is a growing field as the aquaculture industry continues to expand. Aquaculture facilities are found in many parts of the world and are an important source of food and income for many people. With the right care, these facilities can provide a safe and healthy environment for the animals and the people who work with them.
Global Aquaculture Healthcare Market Scope and Report Structure
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Market Trends and Drivers
Rising demand for fish proteins across the world will boost the aquaculture healthcare market growth

Fish is a good source of protein and micronutrients and is consumed all over the world. For instance, in 2018, according to Food and Agriculture Organization (FAO) of the United Nations, about 88 percent of the 179 million tonnes of total fish production was utilized for direct human consumption. Thus, growing demand for quality fish has led to overfishing and depletion of wild fisheries. This is significantly increasing the demand for farmed fish produce. A growing aquaculture market is noted to increase the demand for aquaculture healthcare products in tandem.
Market Restraints and Challenges
Lack of knowledge regarding diseases in aquatic animals may slow the aquaculture healthcare market expansion

Limited awareness surrounding occurrence of diseases and benefits of aquaculture healthcare significantly impacts the industry revenue. This is estimated to be a concerning factor as it can render a sluggish rate of fish production coupled with an increasing rate of death, thereby limiting the market progression.
Global Aquaculture Healthcare Market Segmental Overview
The report analyses the global Aquaculture Healthcare Market based on Product, Species, Infections, Route of Administration, Distribution Channel, and Region

Global Aquaculture Healthcare Market by Product

Based on the product type, the Aquaculture Healthcare industry is bifurcated into drug, vaccine, and Medicated feed additives. Of these, the drug segment registered significant revenue in 2021. Consumers are increasingly relying on tablets, given their cost-effectiveness and high content of active ingredients, among other benefits, such as shelf-stability and ability to retain its potency for a longer period. Meanwhile, the ability of capsules to offer faster relief to symptoms, along with their higher bioavailability, will escalate the consumption of Aquaculture Healthcare in tablet and capsule forms.

Global Aquaculture Healthcare Market by Species

Based on species, market is segmented into Fishes, and Crustaceans. The fishes segment dominated more than 82.4% of the market share in 2021. Owing to the increasing demand for superior fish protein and the considerable expansion of the aquaculture market, there is a massive need for aquaculture healthcare solutions, thereby fuelling the industry progression. Additionally, rising fish farming is one of the major factors contributing to the market value.

.Global Aquaculture Healthcare Market by Infection

Based on applications, the Aquaculture Healthcare industry is categorized Bacterial infections, Viral infections, Parasitic infections, and Fungal infections. The segment bacterial infection accounted for lucrative market share in 2021. Farmed fishes show an increased incidence of bacterial infections in the market. This increased incidence is the result of crowded conditions in fish farms. Furthermore, poor sanitation, poor water quality and nutritional value result in increased susceptibility to bacteria.

Global Aquaculture Healthcare Market by Route of Adminstration

Based on the route of administration, the industry is categorized into Oral, Injectable, and Topical. The injectable segment accounted for 52% of revenue share in 2021 impelled by the effectiveness of injectable therapeutics. Drug diffusion varies due to the irregularity of metabolic processes in fish credited to their poikilothermic nature and poorly vascularized tissues. Injectable products offer direct delivery of antigen into muscle or body cavity, allowing rapid stimulation of immune response.
Geographical Analysis of Global Aquaculture Healthcare Market
Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America Aquaculture Healthcare market captured significant market share in 2021 and is poised to grow substantially during the forthcoming years. Increasing research and development investment by major players such as Zoetis Inc. and Merck & Co. is fuelling the market expansion. Moreover, the availability of diverse range of aquaculture healthcare solutions in the country will further stimulate the industry value. Furthermore, rising demand of fish food in the region will accelerate the demand for farmed fishes, further driving the demand for aquaculture healthcare products.
Major Players in the Global Aquaculture Healthcare Market
The key players in the market Benchmark Holdings Plc., Alltech, Elanco, Bayer CropScience Limited, Merck & Co. Inc., Virbac S.A., ADM, Pfizer, Inc., AKVA Group, and Apex Frozen Foods Ltd. among others.
COVID-19 Impact
The COVID-19 pandemic has negatively impacted the operations of several sectors and industries operating within, virtually resulting in an economic decline. Several fishing and aquaculture related activities we noted to be suspended considering the measure for countering the spread of COVID-19 pandemic. Thus, lowered demand of aquaculture produce limited the demand for therapeutic solutions for aquatic animals thereby, hampering the market. Moreover, several manufacturers operating in the aquaculture healthcare industry have reported significantly reduced workforce, thus negatively impacting the operational capabilities, thereby slowing down the industry growth. Furthermore, logistical challenges attributed to local and national restrictions on the movement of goods and people was noted to increase cost as well as turnaround time.
Recent Developments

In October 2022, Hyderabad-based Indian Immunologicals (IIL), a subsidiary of National Dairy Development Board (NDDB), has forayed into the aquaculture health segment with the launch of its products to serve the growing need in farmed shrimp and fish in the country.
In April 2021, ICAR-CIBA has launched a recombinant vaccine against viral nervous necrosis (VNN), in a milestone for aquaculture vaccine development in India.
In August 2020, Merck acquired IdentiGEN. This extended the company’s Livestock and Aquaculture products lineup
In January 2020, Lerøy Seafood Group and DNV GL had signed a contract to develop the product certification for STP 86 Salmo Salar. The STP-86 consists of the higher content of omega-3 acids.

Aquaculture Healthcare Market Report Coverage

The report offers a comprehensive quantitative as well as qualitative analysis of the current global Aquaculture Healthcare Market outlook and estimations from 2021 to 2031, which helps to recognize the prevalent opportunities.
A thorough analysis of market trends and restraints is provided.
Region-wise, as well as country-wise conditions, are broadly evaluated in this report.
The forecasts in this report are made by examining the recent trends along with future Aquaculture Healthcare Market potential from 2021 to 2031 in terms of revenue.
Porter’s five forces analysis, SWOT analysis, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Aquaculture Healthcare Market are also analyzed.
Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the global surface disinfectants industry.



Frequently Asked Questions
Q1. How big is the Aquaculture Healthcare Market?

Ans. The global Aquaculture Healthcare Market size was USD 1.3 billion in 2021 and is anticipated to reach USD 1.6 billion in 2031, growing at a rate of 1.8% from 2022 to 2031.

Q2. What is the Aquaculture Healthcare Market growth rate?

Ans. The growth rate of the Aquaculture Healthcare Market is 1.8%.

Q3. Which region holds a major market share for the market?

Ans. North America holds a major market share of the Aquaculture Healthcare Market in 2021.

Q4. Which segment accounted for the largest Aquaculture Healthcare Market share?

Ans. By distribution channel, the specialty store segment accounted for the largest Aquaculture Healthcare Market share.

Q5. Who are the key players in the Aquaculture Healthcare Market?

Ans. The global Aquaculture Healthcare Market report includes players such as  Benchmark Holdings Plc., Alltech, Elanco, Bayer CropScience Limited, Merck & Co. Inc., Virbac S.A., ADM, Pfizer, Inc., AKVA Group, and Apex Frozen Foods Ltd., among others.

Q6. What are the factors driving the Aquaculture Healthcare Market growth?

Ans. The major factors driving the growth of the market are Growing incidence of diseases and parasites in farmed fish.

Q7. What are the key growth strategies of Aquaculture Healthcare Market players?

Ans. The key growth strategies of Aquaculture Healthcare Market players are product launch and product approval.

Q8. Which region will provide more business opportunities for the Aquaculture Healthcare Market during the forecast period?

Ans. The Asia-Pacific region will provide more business opportunities for the Aquaculture Healthcare Market during the forecast period.

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