January 7, 2021

What is Fish Farming, and Why Do We Need It?

Fish farming, also known as pisciculture, involves raising fish commercially in tanks or enclosures such as fish ponds. These fish are raised mainly for food. It is the major form of aquaculture, while other methods may fall under mariculture. A fish farming facility that releases juvenile fish into the wild for recreational fishing or to supplement a species' natural numbers is generally referred to as a fish hatchery. Globally, the most important fish species produced in fish farming are salmon, carp, tilapia, and catfish.

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Fish Farming

The global fish farming market is segmented on the basis of environment and fish type. On the basis of form, the fish farming market is segmented into raw and processed. Based on application the market is segmented into food and beverage, pharmaceutical, and cosmetics and personal care. The food and beverage segment is further divided into confectionary, baker, frozen desserts, coffee, liquors, and others. On the basis of distribution channel, the fish farming market is segmented into business to business and business to consumer. The business to consumer segment is further segmented into supermarket/hypermarket, specialty store, online retail, and others

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Top Key Players:

1. Alpha Group
2. Cermaq
3. Cooke Aquaculture
4. Leroy
5. Mowi ASA
6. Bakkafrost
7. Tassal Group
8. Thai Union Group PCL
9. Danish Salmon A/S
10. Blue Ridge Aquaculture, Inc.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fish farming market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fish farming market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

Source: The Insight Partners