Global RAS-based Aquaculture Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global RAS-based Aquaculture market size was valued at USD 2899.1 million in 2022 and is forecast to a readjusted size of USD 7290.3 million by 2029 with a CAGR of 14.1% during review period.
RAS-based Aquaculture is a type of land-based aquaculture based on RAS technology utilized to raise a variety of aquaculture species, including Atlantic salmon, in a highly controlled environment. RAS technology offers the ability to effectively capture and repurpose wastes—reducing environmental impact—to enhance biosecurity to prevent fish escapement, minimize pathogen entry or release to the surrounding environment, and highly control the rearing environment for increased fish performance and welfare. It also increases flexibility in site selection for proximity to markets. Farming fish locally to the market improves sales, reduces transportation costs, requires a smaller carbon footprint, improves traceability and product freshness, and supports the economy in local communities.
In the global market, the key players of RAS-based aquaculture are mainly Pure Salmon, Atlantic Sapphire, Aquabounty, ect. The top five companies in the industry hold less than 2% of the market share. North America, Europe, and China are the major manufacturing regions for this product, with Europe and China together accounting for approximately 50% of the global market share. The product can be categorised into marine aquaculture and freshwater aquaculture based on the method of cultivation. Cultured products can be sold in the food service or retail sector.
The Global Info Research report includes an overview of the development of the RAS-based Aquaculture industry chain, the market status of Food Service Sector (Freshwater Aquaculture, Saltwater Aquaculture), Retail Sector (Freshwater Aquaculture, Saltwater Aquaculture), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of RAS-based Aquaculture.
Regionally, the report analyzes the RAS-based 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 RAS-based Aquaculture market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the RAS-based 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 RAS-based 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 sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Freshwater Aquaculture, Saltwater Aquaculture).
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 RAS-based Aquaculture market.
Regional Analysis: The report involves examining the RAS-based 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 RAS-based 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 RAS-based Aquaculture:
Company Analysis: Report covers individual RAS-based Aquaculture manufacturers, 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 RAS-based Aquaculture This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food Service Sector, Retail Sector).
Technology Analysis: Report covers specific technologies relevant to RAS-based Aquaculture. It assesses the current state, advancements, and potential future developments in RAS-based Aquaculture areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the RAS-based 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
RAS-based Aquaculture market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Freshwater Aquaculture
Saltwater Aquaculture
Market segment by Application
Food Service Sector
Retail Sector
Major players covered
Pure Salmon
Atlantic Sapphire
Aquabounty
Matorka
Kuterra Limited
Danish Salmon
Superior Fresh
Samherji fiskeldi ltd
Swiss Lachs
Sustainable Blue
Cape d'Or
Shandong Ocean Oriental Sci-Tech
Jurassic Salmon
Cape Nordic Corporation
Fish Farm UAE
Fifax
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe RAS-based Aquaculture product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of RAS-based Aquaculture, with price, sales, revenue and global market share of RAS-based Aquaculture from 2018 to 2023.
Chapter 3, the RAS-based Aquaculture competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the RAS-based Aquaculture breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and RAS-based Aquaculture market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of RAS-based Aquaculture.
Chapter 14 and 15, to describe RAS-based Aquaculture sales channel, distributors, customers, research findings and conclusion.