Address: Insure Insights 61 Bridge Street, Kington.HR5 3DJ United Kingdom

Press Releases

  • Home
  • Press Releases
  • Aquaculture Healthcare Market To Reach US$ 1.2 Billion By 2028; The growing demand for fish protein and vitamins has driven the market.

Aquaculture Healthcare Market To Reach US$ 1.2 Billion By 2028; The growing demand for fish protein and vitamins has driven the market.

“Aquaculture Healthcare Market, Size, Share, Opportunities Analysis, By Product (Drug, Vaccines, Medicated Feed additives), By Species (Fishes, Crustaceans), By Route of Administration (Oral, Injectable, Topical), and By Region regional forecast, 2020-2028.”

The global Aquaculture Healthcare market is anticipated to expand at a CAGR of 5.9% between 2020 and 2027 and earn around 1.2 US$ billion by 2028. The rise in demand for high-quality fish and increase in awareness about the benefits obtained by fish have an enhanced the market.

The rise in the incidences of protein and vitamin deficiency have positively impacted the market growth

Key trends of global Aquaculture Healthcare market

  • The Asia Pacific has held the majority of the share in the regional market owing to the high consumption rate of bakery products like bread, sandwiches, pasta, and alcoholic beverages such as wine and beer
  • North America although has held a remarkable share owing to the advancements in the food processing sector and also due to the demand for fermented foods and beverages.
  • The advent of new varieties of Aquaculture Healthcare Ingredients and developments in the food processing sector has significantly driven the market.
  • Among Products, Medicated feed additives segment is held the highest share in the market owing to the rise in the incidences of deficiency of protein and Vitamins.
  • Based on the Species, the fish segment has held the lucrative growth due to the demand for fish as food among the individuals, it is also considering as a good source of iron, zinc, magnesium, iodine, and potassium.
  • In terms of Route of Administration, the Oral segment has obtained the most significant growth as it is considered as the most preferred route for the administration of drugs.

The vendor landscape of the global Aquaculture Healthcare market is expected to stay moderately fragmented as several players are competing against each other. Aquaculture Healthcare companies focus on making Collaborations merger and acquisition deals, and increasing market presence in emerging countries.  Archer Daniels Midland Company, Benchmark PLC, Ceva Sante, DuPont, Elanco, Merck, Vetoquinol S.A., Virbac, Zeal Aqua, and Zoetis LLC are the key competitors of the Global Aquaculture Healthcare market

Table of Segmentation:

ATTRIBUTE DETAILS
Study Period   2019-2028
Unit   Value (USD Billion)
Market scope By Product

·       Drug

·       Vaccines

·       Medicated Feed additives

By Species

·       Fishes

·       Crustaceans

By Route of Administration

·       Oral

·       Injectable

·       Topical

By Region

·       North America (U.S., Canada, and Mexico)

·       Europe (U.K., France, Italy, Spain, Germany, Russia, and the Rest of Europe)

·       Asia-Pacific (China, India, Japan, Australia, and the Rest of Asia- Pacific)

·       South America, Middle East & Africa (Brazil, South Africa, UAE, and the Rest of the region)