Agribusiness

  Global Aquaculture Market Overview The global aquaculture market is expected to demonstrate lucrative growth opportunities for the key players during the forecast period due to the technological advancements in aquatic farming and harvesting. Additionally, the wide applications of aquatic species in agriculture, pharmaceutical industry, and the personal care industry are further fuelling the growth of the global aquaculture market which is projected to register a significant growth rate of 5.71% from 2022 to 2030 and reach a market value of USD 237.3 billion by the end of 2030. However, the major challenges being faced by the aquaculture companies are the combating of diseases and water-quality management. Overall, by analysing the aquaculture market, it can be noticed that market players in the industry are adopting strategies such as acquisitions, partnerships and agreements, and regional expansions to increase the profitability and expand their market share. Click Here to ...