Recirculating Aquaculture System Market anticipated to grow 1.5x by the end forecast period with a CAGR of over 15.5% during the forecast period (2022 to 2030).
A land-based fish cultivating strategy that is adaptable to be completely operational in any condition is recirculating aquaculture systems. The independent does not require direct water access, empowering abundant protein sources in an area where traditional aquaculture would be difficult to adopt. Recirculating aquaculture systems include biofiltration, solid removal, oxygenation, pH control, temperature control, and biosecurity of the aquatic environment. Organizations and policymakers consider recirculating aquaculture systems to improve food access and increase the economic fish supply. The restricted measure of water used in recirculating and has been proved beneficial for environmental sustainability as water has become a constrained asset in several areas. Recirculation aquaculture can be viewed as the most environmentally friendly method of cultivating fish industrially practical. The nutrition from the cultivated fish can be utilized as fertilizer on horticultural cultivating land and biogas production.
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Global Recirculating Aquaculture System Market Segmentation:
Global Recirculating Aquaculture System Market, by Type
- Generic RAS
- Aquaponics RAS
- Others
Global Recirculating Aquaculture System Market, by Application
- Salmon
- Catfishes
- Sturgeon
- Trout
- Seabass
- Lobster
- Others
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Based on the region, the Global Recirculating Aquaculture System printing market has been segmented into five geographical regions, namely, North America, Asia Pacific, Europe, South America, and the Middle East and Africa. In 2020, North America held the largest share in the global Recirculating Aquaculture System market, followed by Asia Pacific.
Global Recirculating Aquaculture System Market, by region
- North America (US, Canada, Mexico)
- South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, the Netherlands, Norway, Sweden, Denmark, Rest of Europe)
- Asia Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, the Philippines, Singapore, Australia & New Zealand, Rest of Asia Pacific)
- The Middle East & Africa (Saudi Arabia, UAE, South Africa, Northern Africa, Rest of MEA)
Major market players covered in the Global Recirculating Aquaculture System Market:
- AKVA group
- FRD Japan
- HESY
- MAT LSS
- AquaOptima
- Veolia
- Skretting
- Landing Aquaculture
- ACE
- Artec Aqua
- Radaqua.
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(Note: Major players list will be updated with the latest market scenario and trends)
Competitive Landscape:
- Established companies in the market
- Emerging players that are growing rapidly
- New Entrants and Prominent Startups
- Competitive Product Benchmarking
- Product Development Matrix
Regional Research Reports Key Takeaways:
- Growth prospects
- SWOT analysis
- Key trends
- Key data-points affecting market growth
Objectives of the Study:
The Global Recirculating Aquaculture System market report provides a thorough analysis of macro-economic factors and every segment’s market attractiveness. The report will include an in-depth qualitative and quantitative assessment of segmental/regional outlook with the market players’ presence in the respective segment and region/country. The information concluded in the report includes the inputs.
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