Changing Food Habits in Developing Countries Drives the Aquaculture And Fisheries Market, According to an Upcoming Report by Global Industry Analysts, Inc.

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GIA initiates research coverage on the global “Aquaculture and Fisheries” market, as part of its ongoing multiple research projects on diverse industries and markets. The soon to be released report identifies rapidly growing global population, rising awareness over the health benefits of seafood consumption and growing preference for fish and fishery products in developing markets, as primary growth drivers in the market.

Aquaculture and Fisheries: A Global Multi-Client Research Initiative

Follow us on LinkedIn. – GIA is pleased to announce the launch of a major research program analysing the trends impacting the market for “Aquaculture and Fisheries”. Invited to participate in this comprehensive grassroots level global research initiative are senior industry executives, domain experts, technologists and market strategists. The new report to be issued shortly will offer accurate assessment of global market developments including major technologies, trends and challenges, together with descriptive, exploratory, and quantitative analysis of major product and geographic market segments. For details about how you can participate in this primary research program to include your inputs prior to the publication, please click here.

Fish production around the world is either carried out through marine-catch (wild-catch) or aquaculture. Aquaculture meets 40% of the demand for fish, mainly tuna and salmon. Aquaculture is forecast to witness steady growth supported by government regulations limiting the national catch limit for capture fisheries (wild fisheries), against a backdrop of growing concerns over overexploitation of fish stocks. Expansion of cultivation area for fishes, increasing productivity per unit area, enhanced breeding techniques, adoption of high quality compounded aqua feeds, and increased focus on rearing fresh water fish such as carp, tilapia, mollusks and crustaceans, are all expected to spur aquaculture production in the coming years. Growing demand for seafood is also benefiting the market. Key factors driving consumption of fish and fishery products include expanding global population, rising awareness over the health benefits of seafood consumption, increased consumer preference for shrimp, oysters, and other exotic species, rising standards of living and increased spending on food in developing countries, and migration away from chicken, mutton and beef to seafood as a source of protein. Fish farming is also receiving a huge impetus from the decline in wild capture of fish. Natural calamities, excessive pollution, and manmade disasters like oil spills have resulted in declining wild fish stock. Under this scenario, private and public investments in aquaculture technology are on the rise largely due to the governments’ push towards ensuring food security.

The upcoming report will offer coverage on major companies including Kona Bay Marine Resources, StarKist Seafood Company, Taylor Shellfish Inc., TriMarine International, and Unima Group, among others.

In addition, the study will also provide:

  • Valuable market based intelligence on new emerging trends, growth drivers, issues and challenges
  • Current coverage on company information and latest news and events including strategic corporate developments, and product innovations
  • Fresh research perspectives, statistical findings, analyst analysis, and commentaries
  • Accurate consumption estimates, projections, and forecasts across market segments (Aquaculture and Fisheries) and major geographic markets (the United States, Canada, Japan, Europe, Asia-Pacific (excluding Japan), Latin America, and Rest of World).

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
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Raghu Gopal
Global Industry Analysts Inc
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