Latin America Aquaculture Market Growth Opportunities

The present study on the Latin American 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—Chile, Brazil, and the Rest of Latin America. Chile accounted for the largest production volume and value in the Latin American aquaculture market in 2021 and is the second-largest producer of farmed salmon globally. An improved, more sustainable, and coordinated approach led by the government, strong biosecurity, improved culture procedures, and certification are key factors contributing to the growth of aquaculture in Latin America. This research service provides a qualitative and quantitative analysis of key aquaculture species, such as finfish, mollusks, and crustaceans. 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