Global Aquaculture
Globaldata's Global Aquaculture report provides key insights, overviews, and market analysis of the global aquaculture industry.
The global aquaculture industry recorded slow positive growth in 2020 and continued its steady downtrend. However, the industry is expected to recover in 2021 and will continue to grow moderately throughout the year. The COVID-19 pandemic has impacted the aquaculture industry on a global scale, causing disruption to production and international trade. This slowed the growth of some major aquaculture industries. In Chile, for example, a virus outbreak in a salmon farm has stopped productivity in the sector, The nationwide blockade has reduced the number of agricultural products that reach processing plants.
View our report for a comprehensive summary of the market data on the Global Aquaculture industry, including market value, market volume, market segmentation, and market outlook from an expert’s perspective, such as the following:
- Market value: The global aquaculture industry grew by 2.2% in 2020 to reach a value of $240.4 billion. The compound annual growth rate of the industry in the period 2016–20 was 4.4%
- Market volume: The global aquaculture industry grew by 0.1% in 2020 to reach a volume of 78,084.2 thousand tonnes. The compound annual growth rate of the industry in the period 2016–20 was 2.7%
- Geography segmentation: Asia-pacific accounts for 85.4% of the global aquaculture industry value. Europe accounts for a further 6.2% of the global industry
Access additional key findings discussed in the report. China remains the world's largest producer of farmed seafood and is the momentum of this great power. Although the pace was slow, it continued to drive growth. Government's strict stance on environmental policy China is trying to integrate the recent tremendous economic growth period and lead the world's decline The polluted industry has made 2020 another volatile year for the fishery.
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