Description

The present study on the Asia-Pacific aquaculture market analyzes the current and future growth potential of various aquaculture species produced at both regional and country levels. The study covers a detailed analysis of the key markets including China, India, Indonesia, Vietnam, the Philippines, and the Rest of Asia-Pacific. The Chinese aquaculture sector is the largest in the world. The Chinese aquaculture sector is the largest in the world.

The Chinese Government is taking a more stringent stance on environmental regulations. Besides, the focus for growth is on aquaculture species that domestic consumers desire. This is expected to limit production growth marginally in China during the forecast period. The aquaculture sector in India has registered significant growth in the last five years. Several government initiatives (e.g., the Pradhan Mantri Matsya Sampada Yojana, which was introduced in 2020) are currently playing an important role in boosting the aquaculture sector in India.

This research service provides a qualitative and quantitative analysis of key aquaculture species, such as finfish, mollusks, crustaceans, and others. As the population grows, the demand for protein also increases. Aquaculture is a sustainable means to supply and feed the global population with environment-friendly protein products. Rising income levels and increasing urbanization will drive this demand further.

With Chinese government taking more stringent stance on environmental regulations and focused growth in aquaculture species demanded by domestic consumers are expected to limit production growth marginally in China during the forecast period.

Author: Akheela Dhiman