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About this market
Growing popularity of offshore aquaculture to drive growth in the market. Offshore aquaculture is a rapidly expanding aquaculture activity and plays a key role in the growth of the market. It enables increased seafood production to meet the growing demand. Fish such as finfish, shellfish. and prawns are commonly cultured through offshore aquaculture. Offshore aquaculture also offers a significant opportunity to produce fish at an industrial scale. ’ s analysts have predicted that the aquaculture cages market will register a CAGR of almost 7% by 2023.
Market Overview
Rising consumer inclination toward nutrient-rich fish and fish products
The increasing consumption of fish and fish products due to their health benefits drives the demand for fish. Fish is a key source of animal protein. A high number of aquaculture products such as shrimp and salmon, which are highly nutritious and good sources of essential proteins, vitamins, and minerals, is obtained through cage aquaculture.
Potential challenges associated with cage aquaculture
Cage aquaculture is one of the most intensive forms of aquaculture. Some of the challenges in cage aquaculture include increased nutrient loss, early forms of stress in fish, and fish escape.
For the detailed list of factors that will drive and challenge the growth of the aquaculture cages market during the 2019-2023, view our report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Aqualine and Badinotti Group the competitive environment is quite intense. Factors such as the growing popularity of offshore aquaculture and the rising consumer inclination toward nutrient-rich fish and fish products, will provide considerable growth opportunities to aquaculture cages manufactures. AKVA group, Aqualine, Badinotti Group, Garware Technical Fibres, and Selstad are some of the major companies covered in this report.
Growing popularity of offshore aquaculture to drive growth in the market. Offshore aquaculture is a rapidly expanding aquaculture activity and plays a key role in the growth of the market. It enables increased seafood production to meet the growing demand. Fish such as finfish, shellfish. and prawns are commonly cultured through offshore aquaculture. Offshore aquaculture also offers a significant opportunity to produce fish at an industrial scale. ’ s analysts have predicted that the aquaculture cages market will register a CAGR of almost 7% by 2023.
Market Overview
Rising consumer inclination toward nutrient-rich fish and fish products
The increasing consumption of fish and fish products due to their health benefits drives the demand for fish. Fish is a key source of animal protein. A high number of aquaculture products such as shrimp and salmon, which are highly nutritious and good sources of essential proteins, vitamins, and minerals, is obtained through cage aquaculture.
Potential challenges associated with cage aquaculture
Cage aquaculture is one of the most intensive forms of aquaculture. Some of the challenges in cage aquaculture include increased nutrient loss, early forms of stress in fish, and fish escape.
For the detailed list of factors that will drive and challenge the growth of the aquaculture cages market during the 2019-2023, view our report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Aqualine and Badinotti Group the competitive environment is quite intense. Factors such as the growing popularity of offshore aquaculture and the rising consumer inclination toward nutrient-rich fish and fish products, will provide considerable growth opportunities to aquaculture cages manufactures. AKVA group, Aqualine, Badinotti Group, Garware Technical Fibres, and Selstad are some of the major companies covered in this report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
