Global Integrated Recirculating Aquaculture System (RAS) Market Growth (Status and Outlook) 2023-2029
Integrated Recirculating Aquaculture systems are among the technologies at the vanguard of aquaculture engineering. Recirculating Aquaculture Systems (RAS) allow fish to be farmed in net cages or tanks instead of open-air ponds. These systems allow high-density fish production within a breeding environment that is controllable by the operator of the facility. The filters of the recirculating system clean and recycle the water, sending it back to the tanks. New water is only added to the tanks to compensate for water lost due to splashing and evaporation, and to replace that used to remove waste materials.
LPI (LP Information)' newest research report, the “Integrated Recirculating Aquaculture System (RAS) Industry Forecast” looks at past sales and reviews total world Integrated Recirculating Aquaculture System (RAS) sales in 2022, providing a comprehensive analysis by region and market sector of projected Integrated Recirculating Aquaculture System (RAS) sales for 2023 through 2029. With Integrated Recirculating Aquaculture System (RAS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Integrated Recirculating Aquaculture System (RAS) industry.
This Insight Report provides a comprehensive analysis of the global Integrated Recirculating Aquaculture System (RAS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Integrated Recirculating Aquaculture System (RAS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Integrated Recirculating Aquaculture System (RAS) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Integrated Recirculating Aquaculture System (RAS) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Integrated Recirculating Aquaculture System (RAS).
The global Integrated Recirculating Aquaculture System (RAS) market size is projected to grow from US$ 4361.8 million in 2022 to US$ 8104.3 million in 2029; it is expected to grow at a CAGR of 9.3% from 2023 to 2029.
The top three players of integrated recirculating aquaculture system (RAS) in the world include Skretting, Xylem, and RADAQUA, with a total market share of about 10%. The largest player is Skretting, with a market share of more than 4%. The Asia-Pacific area is the most important consumer region for integrated recirculating aquaculture system in the world, with a market share of more than 40%. In terms of type, closed type has a market share of over 80%. In the application field, the market share of indoor system accounts for more than 70%.
This report presents a comprehensive overview, market shares, and growth opportunities of Integrated Recirculating Aquaculture System (RAS) market by product type, application, key players and key regions and countries.
Market Segmentation:
Segmentation by type
Closed Type
Semi-Closed Type
Segmentation by application
Indoor System
Outdoor System
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Skretting
Xylem
RADAQUA
PR Aqua
AquaMaof
Billund Aquaculture
AKVA Group
Hesy Aquaculture
Aquacare Environment
Qingdao Haixing
Clewer Aquaculture
Sterner
Veolia
MAT-KULING
Fox Aquaculture
Pentair
Innovasea
Nocera
BioFishency
SENECT
Alpha Aqua
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook