Global Precision Aquaculture Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global Precision Aquaculture Market 2024 by Company, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Precision Aquaculture market size was valued at USD 422.9 million in 2023 and is forecast to a readjusted size of USD 641.1 million by 2030 with a CAGR of 6.1% during review period.

Aquaculture, also known as aquafarming, is the farming of aquatic organisms such as fish, crustaceans, molluscs and aquatic plants. Aquaculture involves cultivating freshwater and saltwater populations under controlled conditions, and can be contrasted with commercial fishing, which is the harvesting of wild fish. Broadly speaking, the relation of aquaculture to finfish and shellfish fisheries is analogous to the relation of agriculture to hunting and gathering. Mariculture refers to aquaculture practiced in marine environments and in underwater habitats.

According to data from the Food and Agriculture Organization of the United Nations (FAO), the global aquatic product farming volume has shown an increasing trend from 1959 to 2021. According to preliminary statistics, the global aquatic product farming volume in 2021 was about 128 million tons. The State of World Fisheries and Aquaculture 2022 shows that total global aquaculture initial sales in 2020 was approximately US$265 billion, with farm sales estimated to total US$281.5 billion. Of the total aquaculture production, 87.5 million tons were produced of aquatic animals, mainly for human consumption; 35.1 million tons of algae, including food and non-food uses; 700 tons of shellfish and decorative pearls. Asian countries account for 70% of the global aquatic animal production in fisheries and aquaculture, followed by the Americas, Europe, Africa and Oceania.

The Global Info Research report includes an overview of the development of the Precision Aquaculture industry chain, the market status of Feeding Management (Smart Feeding Systems, Monitoring & Control Systems), Monitoring, Control, and Survelliance (Smart Feeding Systems, Monitoring & Control Systems), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Precision Aquaculture.

Regionally, the report analyzes the Precision Aquaculture markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Precision Aquaculture market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Precision Aquaculture market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Precision Aquaculture industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the revenue generated, and market share of different by Type (e.g., Smart Feeding Systems, Monitoring & Control Systems).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Precision Aquaculture market.

Regional Analysis: The report involves examining the Precision Aquaculture market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Precision Aquaculture market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Precision Aquaculture:

Company Analysis: Report covers individual Precision Aquaculture players, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Precision Aquaculture This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Feeding Management, Monitoring, Control, and Survelliance).

Technology Analysis: Report covers specific technologies relevant to Precision Aquaculture. It assesses the current state, advancements, and potential future developments in Precision Aquaculture areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Precision Aquaculture market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Precision Aquaculture market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of value.

Market segment by Type
Smart Feeding Systems
Monitoring & Control Systems
Underwater ROVS
Others

Market segment by Application
Feeding Management
Monitoring, Control, and Survelliance
Others

Market segment by players, this report covers
AKVA
InnovaSea
Deep Trekker
Eruvaka
Steinsvik
Aquabyte

Market segment by regions, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Argentina and Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe Precision Aquaculture product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of Precision Aquaculture, with revenue, gross margin and global market share of Precision Aquaculture from 2019 to 2024.

Chapter 3, the Precision Aquaculture competitive situation, revenue and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and application, with consumption value and growth rate by Type, application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and Precision Aquaculture market forecast, by regions, type and application, with consumption value, from 2025 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of Precision Aquaculture.

Chapter 13, to describe Precision Aquaculture research findings and conclusion.