This study on the European aquaculture market analyzes the current and future growth potential of various aquaculture species produced at both regional and country levels. It is a detailed analysis of key markets—Norway, the United Kingdom, Spain, Turkey, and the Rest of Europe. Norway is the largest aquaculture market in Europe, and Atlantic salmon accounts for most of the production volume and value in 2021. Turkey is the fastest-growing country in the European aquaculture sector. Aquaculture in Turkey benefits from sufficient labor supply, low production costs, and good quality control, food safety, and traceability systems, allowing Turkish fishery products to be traded across Europe and other markets and boosting production.

This research service provides a qualitative and quantitative analysis of key aquaculture species, such as finfish and mollusks. 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.

Author: Akheela Dhiman