Europe Aquaculture Market to Reach US$ 16,311.8 Mn at a CAGR of 5.3% in 2027 | The Insight Partners

Europe Aquaculture Market to 2027 - Regional Analysis and Forecasts by Species (Aquatic plants, Fish, Crustaceans, Molluscs, and Others), Nature (Land based and Offshore), and Culture Environment (Fresh water, Brackish water, and Marine)

Publication Month: Sep 2019 | Report Code: TIPRE00006664 | No. of Pages: 153 | Category: Food and Beverages | Status: Published

The Europe Aquaculture market is accounted to US$ 10,345.4 Mn in 2018 and is expected to grow at a CAGR of 5.3% during the forecast period 2019 – 2027, to account to US$ 16,311.8 Mn by 2027.

 

Norway is dominating the Europe Aquaculture market followed by Rest of Europe. The demand for aquaculture products is growing in Norway due to the increasing knowledge about the health benefits offered by the seafood. The manufacturers are focusing on mergers and acquisitions to increase the sales of the company. The rising population, increase in disposable income, and demand for healthy products are some of the drivers for the growth of Europe Aquaculture Market.

  

Exhibit: Europe Aquaculture Market


 

Market Insights                     

Increasing demand for seafood

The consumption of seafood has been a part of traditional food in many regions. The popularity of fish is due to its several nutritional benefits. Fish is a good source of vitamins, fatty acids, protein, minerals, and other essential nutrients. According to the Food and Agriculture Organization (FAO) prediction, in the coming 15 years, the fish consumption by a human is expected to increase by 50%. The mainly consumed fish species in Europe are tuna, salmon, cod, shrimps, and Alaska Pollock. According to the European Commission, in 2018, the per capita fish consumption in the EU has reached to 24.33 kg. The per capita consumption of fish had increased by 3% more than that in 2015. Thus, the increasing consumption of fish is expected to have a positive impact on the Europe aquaculture market.


Species Insights

Based on species, the Europe Aquaculture market is segmented as aquatic plants, fish, crustaceans, molluscs, and others. The fish segment is anticipated to dominate the Europe Aquaculture market. The fish farming method involves the cultivation of different types of in tanks, ponds, and ocean enclosures. Fish is majorly used for consumption but is also used for the production of fish oil, omega-3, and other such essential products. The increasing application of fish in various industries is estimated to propel the Europe aquaculture market.

                                                                            

Nature Insights

The Europe Aquaculture market is segmented based on nature into land based and offshore. The land based segment accounted for the largest share in the Europe Aquaculture market. The land-based aquaculture facilities are considered as a more sustainable alternative to that of the open-water fish farms. Land based fish farming requires higher investment as compared to offshore aquaculture. But due to the availability of new technologies, the preference for land based aquaculture system is increasing among the farmers.

 

Culture Environment Insights

The Europe Aquaculture market is segmented based on culture environment into fresh water, brackish water, and marine. The marine segment accounted for the largest share in the Europe Aquaculture market. Marine aquaculture involves a variety of species, rearing techniques, and husbandry methods. A range of products such as nutrient agar, proteins, oils, etc., are obtained from the marine aquaculture. The increasing demand for the products such as dietary supplements, fish oil, etc., is estimated to boosts the Europe aquaculture market.


Exhibit: Europe Aquaculture market by Species


 

Strategic Insights

Merger and acquisition, and corporate communications were observed as the most adopted strategies in Europe Aquaculture market. Few of the recent developments in the Europe Aquaculture market are listed below:

 

2019: Bakkafrost purchased all outstanding shares of North Landing Ltd. In order to form a base of operation in the US and enhance their abilities to serve our customers


2019:
Bakkafrost Group acquired Sp/f Hjallur 51 percent of the shares in P/F Faroe Farming for a cash consideration of DKK 75 million (USD 11.2 million, EUR 10.1 million).


2019:
Cooke acquired Farallon Aquaculture de Nicaragua, which is a vertically integrated farmer and a supplier of frozen shrimp across Asia, Europe and the US.             


EUROPE AQUACULTURE MARKET SEGMENTATION

By Species         

  • Aquatic Plants
    • Fish
    • Crustaceans
    • Molluscs
    • Others

By Nature

  • Land based
  • Offshore

By Culture Environment

  • Fresh water
  • Brackish water
  • Marine

By Country

  • Germany
  • France
  • Italy
  • UK
  • Norway
  • Russia
  • Rest of Europe


Company Profiles

  • Bakkafrost
  • Cermaq Group AS
  • Cooke Aquaculture Inc.
  • Danish Salmon A/S
  • FIFAX AB
  • HESY AQUACULTURE B.V.
  • Lerøy
  • Mowi ASA
  • NIRI AS
  • Selonda Aquaculture SA
  • Stolt-Nielsen Limited
  • Thai Union Group PCL

 

 

1.              Introduction

1.1       Scope of the Study

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

1.3.1       Europe Aquaculture Market – By Species

1.3.2       Europe Aquaculture Market – By Nature

1.3.3       Europe Aquaculture Market – By Culture Environment

1.3.4       Europe Aquaculture Market – By Country

2.              Key Takeaways

3.              Research Methodology

3.1       Coverage

3.2       Secondary Research

3.3       Primary Research

4.              Aquaculture Market Landscape

4.1       Market Overview

4.2       PEST Analysis – Europe

5.              Aquaculture Market – Key Industry Dynamics

5.1       Market Drivers

5.1.1       Rising demand and consumption of sea food

5.1.2       Favourable government initiatives to boost the aquaculture sector

5.2       Restraints

5.2.1       Adverse Impact of Aquaculture on the Environment

5.3       Opportunity

5.3.1       Implementation of RAS Technology

5.4       Future trends

5.4.1       Surge in demand for fish oil in several industries is expected to boost the demand for aquaculture

5.5       Impact Analysis of Drivers and Restraints

6.              Aquaculture – Europe Market Analysis

6.1       Europe Aquaculture Market Overview

6.2       Europe Aquaculture Market Forecast and Analysis

7.              Europe Aquaculture Market Analysis – By Species

7.1       Overview

7.2       Europe Aquaculture Market Breakdown, By Species, 2018 & 2027

7.3       Aquatic Plants

7.3.1       Overview

7.3.2       Europe Aquatic Plants Market Revenue Forecasts To 2027 (US$ Mn)

7.4       Fish

7.4.1       Overview

7.4.2       Europe Fish Market Revenue Forecasts To 2027 (US$ Mn)

7.5       Crustaceans

7.5.1       Overview

7.5.2       Europe Crustaceans Market Revenue Forecasts To 2027 (US$ Mn)

7.6       Molluscs

7.6.1       Overview

7.6.2       Europe Molluscs Market Revenue Forecasts To 2027 (US$ Mn)

7.7       Other Species

7.7.1       Overview

7.7.2       Europe Other Species Market Revenue Forecasts To 2027 (US$ Mn)

8.              Europe Aquaculture Market Analysis – By Nature

8.1       Overview

8.2       Europe Aquaculture Market Breakdown, By Nature, 2018 & 2027

8.3       Land Based

8.3.1       Overview

8.3.2       Europe Land Based Aquaculture Market Revenue Forecasts To 2027 (US$ Mn)

8.4       Offshore

8.4.1       Overview

8.4.2       Europe Offshore Aquaculture Market Revenue Forecasts To 2027 (US$ Mn)

9.              Europe Aquaculture Market Analysis – By Culture Environment

9.1       Overview

9.2       Europe Aquaculture Market Breakdown, By Culture Environment, 2018 & 2027

9.3       Fresh Water

9.3.1       Overview

9.3.2       Europe Fresh Water Aquaculture Market Revenue Forecasts To 2027 (US$ Mn)

9.4       Brackish Water

9.4.1       Overview

9.4.2       Europe Brackish Water Aquaculture Market Revenue Forecasts To 2027 (US$ Mn)

9.5       Marine

9.5.1       Overview

9.5.2       Europe Marine Aquaculture Market Revenue Forecasts To 2027 (US$ Mn)

10.           Aquaculture Market – Country Analysis

10.1    Overview

10.1.1    Europe Aquaculture Market Breakdown, by Key Countries

10.1.1.1  Germany Aquaculture Market Revenue Forecasts to 2027 (US$ MN)

10.1.1.1.1 Germany Aquaculture Market Breakdown by Species

10.1.1.1.2 Germany Aquaculture Market Breakdown by Nature

10.1.1.1.3 Germany Aquaculture Market Breakdown by Culture Environment

10.1.1.2  France Aquaculture Market Revenue Forecasts to 2027 (US$ MN)

10.1.1.2.1 France Aquaculture Market Breakdown by Species

10.1.1.2.2 France Aquaculture Market Breakdown by Nature

10.1.1.2.3 France Aquaculture Market Breakdown by Culture Environment

10.1.1.3  Italy Aquaculture Market Revenue Forecasts to 2027 (US$ MN)

10.1.1.3.1 Italy Aquaculture Market Breakdown by Species

10.1.1.3.2 Italy Aquaculture Market Breakdown by Nature

10.1.1.3.3 Italy Aquaculture Market Breakdown by Culture Environment

10.1.1.4  United Kingdom Aquaculture Market Revenue Forecasts to 2027 (US$ MN)

10.1.1.4.1 United Kingdom Aquaculture Market Breakdown by Species

10.1.1.4.2 United Kingdom Aquaculture Market Breakdown by Nature

10.1.1.4.3 United Kingdom Aquaculture Market Breakdown by Culture Environment

10.1.1.5  Norway Aquaculture Market Revenue Forecasts to 2027 (US$ MN)

10.1.1.5.1 Norway Aquaculture Market Breakdown by Species

10.1.1.5.2 Norway Aquaculture Market Breakdown by Nature

10.1.1.5.3 Norway Aquaculture Market Breakdown by Culture Environment

10.1.1.6  Russia Aquaculture Market Revenue Forecasts to 2027 (US$ MN)

10.1.1.6.1 Russia Aquaculture Market Breakdown by Species

10.1.1.6.2 Russia Aquaculture Market Breakdown by Nature

10.1.1.6.3 Russia Aquaculture Market Breakdown by Culture Environment

10.1.1.7  Rest of Europe Aquaculture Market Revenue Forecasts to 2027 (US$ MN)

10.1.1.7.1 Rest of Europe Aquaculture Market Breakdown by Species

10.1.1.7.2 Rest of Europe Aquaculture Market Breakdown by Nature

10.1.1.7.3 Rest of Europe Aquaculture Market Breakdown by Culture Environment

11.           Industry Landscape

11.1    Overview

11.2    Merger & Acquisition

11.3    Corporate Communication

12.           Company Profiles

12.1    Bakkafrost

12.1.1    Key Facts

12.1.2    Business Description

12.1.3    Financial Overview

12.1.4    SWOT Analysis

12.1.5    Key Developments

12.2    Cermaq Group AS

12.2.1    Key Facts

12.2.2    Business Description

12.2.3    Products and Services

12.2.4    Financial Overview

12.2.5    SWOT Analysis

12.2.6    Key Developments

12.3    Cooke Aquaculture Inc.

12.3.1    Key Facts

12.3.2    Business Description

12.3.3    Products and Services

12.3.4    Financial Overview

12.3.5    SWOT Analysis

12.3.6    Key Developments

12.4    Danish Salmon A/S

12.4.1    Key Facts

12.4.2    Business Description

12.4.3    Products and Services

12.4.4    Financial Overview

12.4.5    SWOT Analysis

12.5    FIFAX AB

12.5.1    Key Facts

12.5.2    Business Description

12.5.3    Products and Services

12.5.4    Financial Overview

12.5.5    SWOT Analysis

12.6    HESY Aquaculture B.V.

12.6.1    Key Facts

12.6.2    Business Description

12.6.3    Products and Services

12.6.4    Financial Overview

12.6.5    SWOT Analysis

12.7    Lerøy

12.7.1    Key Facts

12.7.2    Business Description

12.7.3    Products and Services

12.7.4    Financial Overview

12.7.5    SWOT Analysis

12.7.6    Key Developments

12.8    Mowi ASA

12.8.1    Key Facts

12.8.2    Business Description

12.8.3    Products and Services

12.8.4    Financial Overview

12.8.5    SWOT Analysis

12.8.6    Key Developments

12.9    NIRI AS

12.9.1    Key Facts

12.9.2    Business Description

12.9.3    Products and Services

12.9.4    Financial Overview

12.9.5    SWOT Analysis

12.10  Selonda Aquaculture SA

12.10.1 Key Facts

12.10.2 Business Description

12.10.3 Products and Services

12.10.4 Financial Overview

12.10.5 SWOT Analysis

12.10.6 Key Developments

12.11  Stolt-Nielsen Limited

12.11.1 Key Facts

12.11.2 Business Description

12.11.3 Products and Services

12.11.4 Financial Overview

12.11.5 SWOT Analysis

12.12  Thai Union Group PCL

12.12.1 Key Facts

12.12.2 Business Description

12.12.3 Products and Services

12.12.4 Financial Overview

12.12.5 SWOT Analysis

12.12.6 Key Developments

13.           Appendix

13.1    About the Insight Partners

13.2    Glossary

 LIST OF TABLES

Table 1.            Europe Aquaculture Market Revenue and Forecasts to 2027 (US$ Mn)

Table 2.            Europe Aquaculture Market Revenue and Forecasts to 2027 – By Species (US$ Mn)

Table 3.            Europe Aquaculture Market Revenue and Forecasts to 2027 – By Nature (US$ Mn)

Table 4.            Europe Aquaculture Market Revenue and Forecasts to 2027 – By Culture Environment (US$ Mn)

Table 5.            Germany Aquaculture Market Revenue and Forecasts to 2027 – By Species (US$ Mn)

Table 6.            Germany Aquaculture Market Revenue and Forecasts to 2027 – By Nature (US$ Mn)

Table 7.            Germany Aquaculture Market Revenue and Forecasts to 2027 – By Culture Environment (US$ Mn)

Table 8.            France Aquaculture market Revenue and Forecasts to 2027 – By Species (US$ Mn)

Table 9.            France Aquaculture Market Revenue and Forecasts to 2027 – By Nature (US$ Mn)

Table 10.         France Aquaculture Market Revenue and Forecasts to 2027 – By Culture Environment (US$ Mn)

Table 11.         Italy Aquaculture market Revenue and Forecasts to 2027 – By Species (US$ Mn)

Table 12.         Italy Aquaculture Market Revenue and Forecasts to 2027 – By Nature (US$ Mn)

Table 13.         Italy Aquaculture Market Revenue and Forecasts to 2027 – By culture environment (US$ Mn)

Table 14.         United Kingdom Aquaculture market Revenue and Forecasts to 2027 – By Species (US$ Mn)

Table 15.         United Kingdom Aquaculture Market Revenue and Forecasts to 2027 – By Nature (US$ Mn)

Table 16.         United Kingdom Aquaculture Market Revenue and Forecasts to 2027 – By Culture Environment (US$ Mn)

Table 17.         Norway Aquaculture market Revenue and Forecasts to 2027 – By Species (US$ Mn)

Table 18.         Norway Aquaculture Market Revenue and Forecasts to 2027 – By Nature (US$ Mn)

Table 19.         Norway Aquaculture Market Revenue and Forecasts to 2027 – By Culture Environment (US$ Mn)

Table 20.         Russia Aquaculture market Revenue and Forecasts to 2027 – By Species (US$ Mn)

Table 21.         Russia Aquaculture Market Revenue and Forecasts to 2027 – By Nature (US$ Mn)

Table 22.         Russia Aquaculture Market Revenue and Forecasts to 2027 – By culture environment (US$ Mn)

Table 23.         Rest of Europe Aquaculture market Revenue and Forecasts to 2027 – By Species (US$ Mn)

Table 24.         Russia Aquaculture Market Revenue and Forecasts to 2027 – By Nature (US$ Mn)

Table 25.         Rest of Europe Aquaculture Market Revenue and Forecasts to 2027 – By culture environment (US$ Mn)

Table 26.         Glossary of Terms, Aquaculture Market

 LIST OF FIGURES

Figure 1.          Europe Aquaculture Market Segmentations

Figure 2.          Europe Aquaculture Market Segmentation – By Country

Figure 3.          Europe Aquaculture Market Overview

Figure 4.          Fish Segment Held Largest Share in the Europe Aquaculture Market

Figure 5.          Norway Dominated the Europe Aquaculture Market in 2018

Figure 6.          Europe Aquaculture Market, Industry Landscape

Figure 7.          Europe PEST Analysis

Figure 8.          Aquaculture Market Impact Analysis of Driver and Restraints

Figure 9.          Europe Aquaculture Market Forecast And Analysis, (US$ Mn)

Figure 10.       Europe Aquaculture Market Breakdown by Species, 2018 & 2027 (%)

Figure 11.       Europe Aquatic Plants Market Revenue Forecasts To 2027 (US$ Mn)

Figure 12.       Europe Fish Market Revenue Forecasts To 2027 (US$ Mn)

Figure 13.       Europe Crustaceans Market Revenue Forecasts To 2027 (US$ Mn)

Figure 14.       Europe Molluscs Market Revenue Forecasts To 2027 (US$ Mn)

Figure 15.       Europe Other Species Market Revenue Forecasts To 2027 (US$ Mn)

Figure 16.       Europe Aquaculture Market Breakdown by Nature, 2018 & 2027 (%)

Figure 17.       Europe Land Based Aquaculture Market Revenue Forecasts To 2027 (US$ Mn)

Figure 18.       Europe Offshore Aquaculture Market Revenue Forecasts To 2027 (US$ Mn)

Figure 19.       Europe Aquaculture Market Breakdown by Culture Environment, 2018 & 2027 (%)

Figure 20.       Europe Fresh Water Aquaculture Market Revenue Forecasts To 2027 (US$ Mn)

Figure 21.       Europe Brackish Water Aquaculture Market Revenue Forecasts To 2027 (US$ Mn)

Figure 22.       Europe Marine Aquaculture Market Revenue Forecasts To 2027 (US$ Mn)

Figure 23.       Europe Aquaculture market Breakdown by Key Countries, 2018 & 2027(%)

Figure 24.       Germany Aquaculture market Forecasts to 2027 (US$ MN)

Figure 25.       France Aquaculture market Forecasts to 2027 (US$ MN)

Figure 26.       Italy Aquaculture Market Forecasts to 2027 (US$ MN)

Figure 27.       United Kingdom Aquaculture market Forecasts to 2027 (US$ MN)

Figure 28.       Norway Aquaculture market Forecasts to 2027 (US$ MN)

Figure 29.       Russia Aquaculture market Forecasts to 2027 (US$ MN)

Figure 30.       Rest of Europe Aquaculture market Forecasts to 2027 (US$ MN)


The List of Companies

  1. Bakkafrost
  2. Cermaq Group AS
  3. Cooke Aquaculture Inc
  4. Danish Salmon A/S
  5. FIFAX AB
  6. HESY Aquaculture B.V.
  7. Lerøy
  8. Mowi ASA
  9. NIRI AS
  10. Selonda Aquaculture SA
  11. Stolt-Nielsen Limited
  12. Thai Union Group PCL

 

  • Highlights key business priorities in order to assist companies to realign their business strategies.

  • The key findings and recommendations highlight crucial progressive industry trends in the Europe Aquaculture market, thereby allowing players to develop effective long term strategies.

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

  • Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.

  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.