Forecast and Opportunity Assessment in Aquaculture and Fisheries Market

Forecast and Opportunity Assessment in Aquaculture And Fisheries Market

Bharat Book Bureau provides the report, on “Forecast and Opportunity Assessment in Agriculture And Fisheries Market ” The Global Aquaculture and Fisheries market is valued at $153.1 billion in 2014 and is estimated to reach $235 billion by 2022 growing at a CAGR of 5.5% from 2014 to 2022. The growth of the market is due to rise in consumer awareness of health benefits of fish. https://www.bharatbook.com/agriculture-market-research-reports-735791/aquaculture-fisheries.html

07th Dec 2015- Mumbai, India: Bharatbook.com announces a report on “Forecast and Opportunity Assessment in Aquaculture And Fisheries Market ” Aquaculture and Fisheries Market is segmented by type, by species and by geography. Based on type, market is classified into food fish species, bait species, ornamental species, fee fishing, aquarium aquaculture and lake stock aquaculture.

The Global Aquaculture and Fisheries market is valued at $153.1 billion in 2014 and is estimated to reach $235 billion by 2022 growing at a CAGR of 5.5% from 2014 to 2022. The growth of the market is due to rise in consumer awareness of health benefits of fish. In addition, the market demand is expected to be further fuelled by the lack of naturally available varieties owing to extensive fishing. However, Rice-fish culture probably acts as key growth opportunity for the market. Carps were the largest species segment and demand for carps is expected to rise as it is one of the prime cultivated fish due to its high compatibility with non-ideal environmental conditions and its extensive use in fish farming. Mollusks were the second largest species segment, owing to health benefits resulting in high consumption.

China has the largest market for aquaculture, accounting for more than half of global market share. The market is expected to show rapid growth due to favorable climatic conditions for aqua farming, availability of resources and labor....