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Global Aquaculture Products Market: Growing Awareness Continues to Drive Growth

The global market for aquaculture products should reach $226.2 billion by 2022 from $169.9 billion in 2017 at a compound annual growth rate (CAGR) of 5.9%, from 2017 to 2022.

 

Albany, NY -- (SBWIRE) -- 04/18/2018 -- A new comprehensive study titled "Global Markets for Aquaculture Products" has been added to the repository of Market Research Hub (MRH). The report offers detailed analysis and insights on the global aquaculture products market, highlighting the key factors that are shaping this landscape.

According to the report, rising awareness about the benefits of consuming fish is one of the key factors sustaining the growth of the aquaculture products market. The consumption volume of fish is dependent on the disposable income and demographics, and as the middle class population witnesses a surge, demand has witnessed a surge in the recent years.

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In addition to studying the key driving factors in the global aquaculture products market, the report also offers information and analysis on the restraints, opportunities, and trends prevailing in the market. Readers can expect a holistic qualitative assessment on the aquaculture products market in this comprehensive report. Further, quantitative analysis and forecast is also included in the report, with projections offered on the basis of value and volume.

The report offers detailed segment-wise analysis and forecast to offer readers credible information on the lucrative and sluggish pockets of growth in this market. The report has segmented the market on the basis of product type, type of culture, application, and regional market. On the basis of product type, the key segments include carp, milkfish, sea bream, trout, crustaceans, sea bass, and mackerel.

The report also offers lucid segmentation and analysis on the basis of type of fish culture. Some of the leading segments in the market on the basis of fish type include fresh water, brackish water, and marine water. On the basis of region, the report offers market forecast and analysis in North America, Africa, Asia-Pacific, and Europe.

Browse Full Report with TOC- https://www.marketresearchhub.com/report/global-markets-for-aquaculture-products-report.html

North America and Europe have traditionally remained lucrative markets for aquaculture products market on account of high awareness among consumers on the benefits of eating fish. In addition to the taste factor, many consumers in these two regions have been consuming fish for its medicinal value, which is also likely to provide an impetus to the growth of the market during the assessment period. In addition to North America and Europe, Asia Pacific is also likely to emerge as a lucrative market for aquaculture products, owing to increasing emphasis among fish companies on the importance of aquaculture products.

The report also profiles some of the leading companies in the aquaculture products market. The product and business strategies of the leading players have been discussed in detail in the report. Stakeholders in the market can get holistic analysis and insights on the competitive landscape.

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