An Ultimate PDF Guide to Aquaculture : Future Demand and Trends

Seafood, specifically fish is the part of traditional food in many regions. Also, fish is largely consumed owing to its nutritional benefits and several health benefits. It is considered as a good source of fatty acids, vitamins, minerals, protein, and essential micronutrients. Increase in disposable income and spending power of consumer also upsurge their spending on animal proteins such as seafood as compared to other food categories. Also, the Food and Agriculture Organization (FAO) has predicted that fish consumption by a human is expected to increase by 50% in the coming 15 years. 

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Currently, high growth in population and growing awareness amongst consumer about the seafood as a healthy source of protein have fueled the growth of aquaculture market. Along with this, the increase in purchasing power of people in developing nations has also supported the market growth. Wild fisheries are not sufficient to meet the global demand for seafood. Thus, aquaculture is a suitable solution, which is the fastest-growing form of food production. Thus, the global increase in fish consumption is driving the growth of the aquaculture Industry.


Aquaculture can be conducted in completely artificial facilities built on land (onshore aquaculture), as in the case of fish tank, ponds or raceways, where the living conditions rely on human control; on well-sheltered shallow waters nearshore of a body of water (inshore aquaculture), where the cultivated species are subjected to a relatively more naturalistic environments; or on fenced/enclosed sections of open water away from the shore (offshore aquaculture), where the species are exposed to more diverse natural conditions such as ocean currents, diel vertical migration and nutrient cycles.

The Future of Fish Farming is ‘Indoor’

Advances in water circulation and filtration have meant that indoor fish farms will grow at an unprecedented rate, both in terms of production and size. TMR estimates global sales of aquaculture-produced fish to exceed US$ 480 Mn in 2019, accounting for a sizeable 60% market share. Fish farming has traditionally been touted as efficient solution for the production of animal protein, and indoor aquaculture plays a vital role in meeting the requirement of swelling global population. Although environmental risks prevail in the indoor approach as well, however the fact that risks associated with land-based systems is significantly smaller, than that of outdoor systems, continues to propel adoption of indoor fish farming.

Key players operating in the aquaculture:

  • Bakkafrost
  • Blue Ridge Aquaculture, Inc.
  • Cermaq Group AS
  • Cooke Aquaculture Inc
  • Danish Salmon A/S
  • Farallon Aquaculture Group
  • FIFAX AB
  • HESY Aquaculture B.V
  • Lerøy

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