Global Barramundi Supply, Demand and Key Producers, 2023-2029

Global Barramundi Supply, Demand and Key Producers, 2023-2029

The global Barramundi market size is expected to reach $ 215.5 million by 2029, rising at a market growth of 4.9% CAGR during the forecast period (2023-2029).

The barramundi market has been experiencing significant growth in recent years, driven by increasing consumer demand for healthy and sustainable seafood options. The market is expected to continue growing at a steady pace in the coming years. The major sales regions for barramundi include North America, Europe, Asia Pacific, and Australia. North America is the largest market for barramundi, with the United States being the biggest consumer. Europe is also a significant market, with countries like the United Kingdom, Germany, and France showing a growing demand for barramundi. In the Asia Pacific region, countries like China, Japan, and Australia are major consumers of barramundi. The barramundi market is relatively concentrated, with a few key players dominating the industry. These companies have established strong distribution networks and brand recognition, giving them a competitive advantage. However, there are also smaller players entering the market, particularly in the aquaculture sector, which is contributing to increased competition. There are several opportunities for growth in the barramundi market. One of the key opportunities is the rising demand for sustainable seafood. Barramundi is known for its low environmental impact and high nutritional value, making it an attractive choice for environmentally conscious consumers. Additionally, the increasing popularity of Asian cuisine in Western countries presents an opportunity for barramundi producers to tap into new markets. Despite the positive market outlook, there are also challenges that the barramundi market faces. One of the main challenges is the high production costs associated with barramundi farming. The initial investment required for setting up a barramundi farm can be significant, and ongoing operational costs can be high. This can limit the entry of new players into the market and affect the overall supply. Another challenge is the competition from other fish species. Barramundi competes with other popular fish species like salmon and trout, which have well-established markets and consumer preferences. To overcome this challenge, barramundi producers need to differentiate their product and educate consumers about the unique qualities of barramundi. Overall, the barramundi market presents both opportunities and challenges. With the right strategies and investments, companies can capitalize on the growing demand for sustainable seafood and expand their market presence.

This report studies the global Barramundi production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Barramundi, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Barramundi that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Barramundi total production and demand, 2018-2029, (K Units)

Global Barramundi total production value, 2018-2029, (USD Million)

Global Barramundi production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Barramundi consumption by region & country, CAGR, 2018-2029 & (K Units)

U.S. VS China: Barramundi domestic production, consumption, key domestic manufacturers and share

Global Barramundi production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (K Units)

Global Barramundi production by Type, production, value, CAGR, 2018-2029, (USD Million) & (K Units)

Global Barramundi production by Application production, value, CAGR, 2018-2029, (USD Million) & (K Units).

This reports profiles key players in the global Barramundi market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Australis Aquaculture, Barramundi Group, Tassal, MainStream Aquaculture, Kühlbarra, Clean Seas Seafood, Apollo Aquaculture Group, Clean Harvest and Australia’s top barramundi farmers, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Barramundi market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Barramundi Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Barramundi Market, Segmentation by Type
Fresh Fish
Frozen Fish

Global Barramundi Market, Segmentation by Application
Food Service Sector
Retail Sector

Companies Profiled:
Australis Aquaculture
Barramundi Group
Tassal
MainStream Aquaculture
Kühlbarra
Clean Seas Seafood
Apollo Aquaculture Group
Clean Harvest
Australia’s top barramundi farmers
Liang Shing
Humpty Doo Barramundi

Key Questions Answered

1. How big is the global Barramundi market?

2. What is the demand of the global Barramundi market?

3. What is the year over year growth of the global Barramundi market?

4. What is the production and production value of the global Barramundi market?

5. Who are the key producers in the global Barramundi market?