0
2019
Fin Fish Market

Fin Fish Market

by Environment (Freshwater, Marine Water, and Brackish Water) and Fish Type (Tropical Fin Fish and Others): Global Opportunity Analysis and Industry Forecast, 2018 - 2025
Update Available On-Demand

Report Code: A04864
Pages: 261
Mar 2019 | 9632 Views
Author(s) : Aniket K
Tables: 156
Charts: 79
  • Formats*:

  • Single User License, Five User
    License & Enterprise User License

  • Data Pack Excel License

  • It comes with the additional cost
    of $2500.00 contact sales.

 

COVID-19

Pandemic disrupted the entire world and affected many industries.

Get detailed COVID-19 impact analysis on the Fin Fish Market

Request Now !

Fin Fish Market Outlook - 2025

Aquaculture deals with the farming, breeding, rearing, and harvesting of aquatic organisms, animals, and plants, which includes fin fish, carps, mollusks, crustaceans, and aquatic plants in all types of water environments. The global fin fish market size was valued at $164,836 million in 2017, and is expected to reach $238,520 million by 2025, growing at a CAGR of 4.5% from 2018 to 2025.

The fin fish production/fishing involves feeding, production, regular stocking, and protection of the aquatic living things. Fin fish are cultivated in three types of environment, which includes freshwater, brackish, and marine water. Apart from this, freshwater aquaculture is the leading segment during the forecast period. The aquaculture products that are rich in nutrients are helpful for brain development and eye care.

In recent years, there is an exponential increase in the global population due to which there is a surge in the food requirement as well. The rise in food demand is also responsible to increase the fish farming in the globe. The government also supports the fish farming, which is also responsible to drive the growth of the global market. Moreover, the technological innovation in fishing equipment reduces the complications and efforts in fishing and aqua farming. The innovative developments also boost the global fin fish market growth. In addition, control of fish reproduction, genetic improvement in finfish, manipulation of chromosome sets in shellfish, and control parasitic diseases in fish drive the growth of the global fin fish market. In recent decade, consumers are getting more health conscious and demand protein products. Fish are the primary source of protein, which also drives the growth of the global fin fish market. However, rise in the temperature and increase in water pollution hamper the growth of the global fin fish market. Evolution in inland fishing and use of more sustainable technology in aquaculture act as the fin fish market opportunity. Among all the types of fish, the other segment that includes carps mackerels, sea bream, and trout generated maximum revenue in 2017. Carps, belonging to the Cyprinidae family, is a very large group of fish that is native to Asia and Europe.

The global fin fish market is segmented based on environment, fish type, and region. Based on environment, it is classified as freshwater, marine water, and brackish water. The fish type segment comprises of pompano, snappers, groupers, salmon, milkfish, tuna, tilapia, catfish, seabass, and others (carps, mackerels, sea bream, and trout). Based on region, the fin fish market is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, France, and rest of Europe), Asia-Pacific (China, Japan, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).

Based on environment, the fin fish market is categorized into freshwater, marine water, and brackish water. In 2017, freshwater was the leading segment in the global fin fish market, fisheries and aquaculture are governed by fisheries policy in various region such as China, Bangladesh, Thailand and others. For instance, in Bangladesh, the fisheries policy adopted in 1998 included policy for freshwater aquaculture to develop freshwater fish cultivation in the country and responsible to drive the growth of the market.

Based on fish type, the fin fish market is categorized into tropical fin fish and others. The tropical fin fish is segmented into pompano, snappers, groupers, salmon, milkfish, tuna, tilapia, catfish, seabass, and others (carps, mackerels, sea bream, and trout). In 2017, tropical fin fish was the leading segment in the global market, due to increase in the consumption of mollusks in food with high nutritional value along with increase in use of luxury pearls extracted by mollusks across the world are some key factors anticipated to boost the sales of major aquaculture players during the forecast period. In addition, use of new fishing techniques and new technologies in the aquaculture of mollusks is expected to drive the growth of the market. Moreover, supportive and favorable government initiatives increase the demand for this fish type in the global market.

Intensive salmon farming using open-net cages and techniques such as ranching are some major aspects, which are responsible to drive the growth of the overall market. Advancements in breeding processes as well as increase in use of technologically modern fishing and fish farming techniques are some of major factors expected to increase the overall production of milkfish during the forecast period.

By region, Asia-Pacific was the largest market in 2017 owing to population growth, economic growth, and social factors such as traditional fish consumption patterns. The present level of efficient aquaculture technology has helped in increasing the profitability and is expected to further boost the market growth.

Some of the major players in the global fin fish Industry analyzed in this report are Alpha Group Ltd., Aquaculture Technologies Asia Limited, Cermaq Group AS, Cooke Aquaculture, Leroy Seafood Group ASA, Marine Harvest ASA, Nippon Suisan Kaisha, Ltd., P/F Bakkafrost, Tassal Group Limited, and Thai Union Group PLC.

Key Benefits for Fin Fish Market:

  • This report provides a quantitative analysis of the current fin fish market size, trends, estimations, and dynamics of the market from 2018 to 2025 to identify the prevailing market opportunities.
  • The key countries in all the major regions are mapped based on their fin fish market shares
  • Porters five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier buyer network
  • A comprehensive analysis of factors that drive and restrict the growth of the fin fish market forecast
  • An in-depth analysis of the market helps determine the prevailing fin fish market trend opportunities
  • The report includes details of the fin fish market analysis of the regional and global markets, key players, market segments, application areas, and growth strategies.

Fin Fish Market Report Highlights

Aspects Details
By Environment
  • Freshwater
  • Marine Water
  • Brackish Water
By Fish Type
  • Pompano
  • Snappers
  • Groupers
  • Salmon
  • Milkfish
  • Tuna
  • Tilapia
  • Catfish
  • Seabass
  • Others
By Region
  • North America  (U.S., Canada, Mexico)
  • Europe  (Russia, Norway, Iceland, Rest of Europe)
  • Asia-Pacific  (China, Philippine, Japan, Indonesia, Vietnam, Australia, Rest of Asia-Pacific)
  • LAMEA  (Latin America, Middle East, Africa)
Key Market Players Alpha Group Ltd., Fin fish Technologies Asia Limited, Cermaq Group AS (Mitsubishi Corporation), Cooke Fin fish, Leroy Seafood Group ASA (Leroy), Marine Harvest ASA (Marine), Nippon Suisan Kaisha, Ltd., P/F Bakkafrost (Bakkafrost), Tassal Group Limited (Tassal), Thai Union Group PLC (Thai Union)
 

Loading Table Of Content...


 
 

The fin fish market holds a substantial scope for global growth. The market, which is in its growth stage, is expected to contribute significantly to the global market in the next six years. With the government promoting the fish-farming industry, use of new technologies and development of infrastructure in the fin fish industry is driving the market. A large number of players are stepping in the fin fish market with innovative techniques. Rise in concern of the consumers around the world about the intake of protein is also driving the market for fin fish companies. The market is segmented into environment type as marine water, fresh water, and brackish water. The resultant water pollution and change in climatic conditions all across the globe disturbs the aquatic ecosystem, which presents a huge hurdle for the fin fish industry to overcome.

PURCHASE OPTIONS

Call or Email us

U.S.-Canada Toll-free: +1-800-792-5285
Int'l : +1-503-894-6022
Europe : + 44-845-528-1300
Email : help@alliedmarketresearch.com

Looking for Customization?

 Customization Request

Have a Question?

 Speak with Analyst

Any Confusion?

 Inquire Before Buying

Have a glance of the Report

  Request Free Sample

Purchase Full Report of
Fin Fish Market

Start reading instantly.
This Report and over 19,267+ more Reports, Available with Avenue Library. T&C*.

  • Online Only
  • $3,456
  • Online cloud access only
  • Restricted print, copy, paste & download
  • Read only
  • Free industry update
    (Within 180 days)
  • Free report update in next update cycle
    (Mar 2020 - Mar 2021)
  • Data Pack
  • $3,840
  • Restricted to one authorized user
  • One print only
  • Available in
    Excel
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2020 - Mar 2021)
  • Single User
  • $5,769
  • Restricted to one authorized user
  • One print only
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2020 - Mar 2021)
  • Five Users
  • $6,450
  • Limited to five authorized users
  • Print upto five copies
  • Available in
    PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2020 - Mar 2021)
  • Enterprise
    License/PDF

  • $10,995
  • Unlimited
    within
    company/enterprise
  • Available in Excel & PDF
  • Free industry update
    (Within 180 days)
  •   Free report update in next update cycle
    (Mar 2020 - Mar 2021)
  • Library
    Membership

  • $ 999
    Per User/ Per month/ Billed annually
  • Published Content
    E-access
  • Company Profiles
    E-access
  • Newly Added Content Access
  • 10 PDF
    Downloads
  • 5 Excel Data
    Pack Downloads
  • 250 Company Profiles PDF Downloads
  • Buy Now

*Taxes/Fees, if applicable will be added during checkout. All prices in USD

RELATED REPORTS
 

Why Allied Market Research?

 

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers

Get fresh content delivered

Get insights on topics that are crucial for your business. Stay abreast of your interest areas.

Get Industry Data Alerts

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

TARGETED MARKET VIEW

Targeted market view to provide pertinent information and save time of readers