Fin Fish Market - Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth And Forecast 2020-2025

Report Code: FBR 19484 Report Format: PDF + Excel (Delivery in 48 Hrs)

Fin Fish Market Overview

Fin Fish Market size in 2019 is estimated to be $103.5 billion, growing at a CAGR of 4.7% during the forecast period 2020-2025. Fins are usually the most distinctive anatomical features of a fish. Aquaculture deals with the farming, breeding, rearing, and harvesting of aquatic organisms, animals, and plants, which includes fin fish, carps, mollusks, crustaceans, and aquatic plants in all types of water environments. Rise in awareness about health benefits and technological advancement in fish farming are the major factors driving the growth of the market. Moreover, changing lifestyle and advancement of R&D activities further enhance the overall market demand for fin fish during the forecast period 2020-2025.

Report Coverage

The report: “Fin Fish Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Fin Fish Market:
By Environment : Fresh Water, Marine Water, Brackish Water
By Fish Type : Tropical Fin Fish, Others
By Geography: North America, Europe, Asia-Pacific, and Rest of the World

Key Takeaways

  • In 2019, North America dominates the Fin Fish Market owing to increasing population growth, wide base of fish eaters and advancement of efficient fish farming.
  • Rise in awareness about health benefits and technological advancement in fish farming is driving the market growth of fin fish.
  • Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the Fin Fish Market report.
  • Increasing water pollution and changes in climatic conditions are challenging the growth of the market. 

Environment - Segment Analysis

Based on the Environment, Fin Fish Market is segmented into Fresh Water, Marine Water, and Brackish Water. The fresh water segment is forecast to be the fastest-growing segment and is projected to grow at a CAGR of 4.2% during the forecast period 2020-2025. The growth in the fish farming sector mainly comes from the freshwater aquaculture sector as the growth of fish is increasing in fresh water. Moreover, increasing demand of fresh water fish are contributing to the growth of this segment.

Fish Type - Segment Analysis

Based on the Fish Type, Fin Fish Market is segmented into Tropical Fin Fish, Others. In 2019, tropical fin fish held the largest share in the Fin Fish Market. This is mainly owing to increasing consumption of mollusks in food with high nutritional value along with increase in use of luxury pearls. Moreover, use of new fishing techniques and new technologies in the aquaculture of mollusks is also contributing to the growth of this segment.

Geography - Segment Analysis

Asia Pacific dominated the Fin Fish Market share accounting for 45% of the market in 2019. This is mainly owing to increasing population growth, wide base of fish eaters and advancement of efficient fish farming. According to Asia Pacific Food and Agriculture Organization, the aquaculture sector in Asia Pacific region remained healthy and strong. In 2018, the total production is 92.3 million tonnes which remains the largest contributor in fisher products from aquaculture. China is the largest producing country of aquaculture products contributing 63.7 percent of the total production in the Asia Pacific region.
However, the North America region is projected to be the fastest-growing during the forecast period 2020-2025. This is owing to growing demand of proteins and increasing fitness among consumers.

Drivers – Fin Fish Market 

  • Rise in Awareness About Health Benefits

Rising awareness about health benefits of fishes and increase in consumption of fishes as a cultural tradition are some factors driving the growth of Fin Fish Market. In addition, increase in application of fish oil across various industries such as dietary supplements, food industry, healthcare, and pharmaceutical is also set to increase the market growth. 

  • Technological Advancement in Fish Farming 

Technological advancement in fish farming increases the demand for fish production are some factor driving the growth of the market. Moreover, implementation of technologies such as AI, augmented reality (AR), virtual reality (VR), sensors, drones, robots, and 3D printing are bringing the evolution in the fish farming industry that helps to understanding about the environment of fish further contributing to the growth of Fin Fish Market.

Challenges – Fin Fish Market 

Increasing water pollution and changes in climatic conditions are challenging the growth of the market. Moreover, the growing health problems owing to consumption of fishes from polluted water are further restraining its market growth during the forecast period 2020-2025.

Fin Fish Industry Outlook

Product launches, Merger & Acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Fin Fish Market. Fin Fish top 10 companies are Alpha Group Ltd., Fish farming Technologies Asia Limited, Cermaq Group AS, Cooke Aquaculture Inc., Lerøy Seafood Group ASA., Marine Harvest Group, Nippon Suisan Kaisha Ltd., P/F Bakkafrost, Tassal Group Limited, and Thai Union Group PCL.

Acquisitions/Product Launches:

  • On 17 March 2019, Cermaq farming launches new True Arctic where the water is cold and the salmon grows slowly that resulting in specific product qualities and consumers are increasingly pay more attention to the origin of the food.
  • On 19 September 2019, Cooke Inc. has acquisition with Invergordon fish feed mills which increases the production of salmon.
1. Fin Fish Market Overview
    1.1 Definitions and Scope
2. Fin Fish Market Executive Summary
    2.1 Market Size and Key Trends 
    2.2 Key trends by Environment
    2.3 Key trends by Fish Type
    2.4 Key trends by Geography
3. Fin Fish Market Landscape
    3.1 Market Share Analysis- Key Companies
    3.2 Product Benchmarking- Key Companies
    3.3 Financial Analysis - Key Companies
    3.4 Patent Analysis 
    3.5 Pricing Analysis
4. Fin Fish Market- Startup companies Scenario Premium Premium
    4.1 Key startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Fin Fish Market- Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of successful ventures
6. Fin Fish Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power of Suppliers
        6.3.2 Bargaining Powers of Customers
        6.3.3 Threat of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat of Substitutes 
7. Fin Fish Market Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Fin Fish Market– By Environment (Market Size -$Million/$Billion)
    8.1 Fresh Water
    8.2 Marine Water
    8.3 Brackish Water
9. Fish Farming Market– By Fish Type (Market Size -$Million/$Billion)
    9.1 Tropical Fin Fish
        9.1.1 Pompano
        9.1.2 Snappers
        9.1.3 Groupers
        9.1.4 Salmon
        9.1.5 Milkfish
        9.1.6 Tuna
        9.1.7 Canned
        9.1.8 Tilapia
        9.1.9 Catfish
        9.1.10 Sea bass
    9.2 Others
10. Fish Farming Market- By Geography (Market Size -$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 U.K.
        10.2.2 Germany
        10.2.3 France
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 Japan
        10.3.3 South Korea
        10.3.4 India
        10.3.5 Australia & New Zealand
        10.3.6 Rest of Asia-Pacific
    10.4 Rest of the World
        10.4.1 Middle East
        10.4.2 Africa
        10.4.3 South America
11. Fin Fish Market Entropy
12. Fin Fish Market- Industry / Segment Competition landscape Premium Premium
    12.1 Market Share Analysis
        12.1.1 Market Share by Country- Key companies
        12.1.2 Market Share by Region- Key companies
        12.1.3 Market Share at Global Level- Key companies
        12.1.4 Best Practices for Companies
13. Fish Farming Market- Key Company List by Country Premium Premium
14. Fin Fish Market Company Analysis
    14.1 Company Revenue, Products, M&A, Developments
    14.2 Company 1
    14.3 Company 2
    14.4 Company 3
    14.5 Company 4
    14.6 Company 5
    14.7 Company 6
    14.8 Company 7
    14.9 Company 8
    14.10 Company 9
    14.11 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global FIN FISH MARKET, BY ENVIRONMENT Market 2019-2024 ($M)
1.1 Marine water Market 2019-2024 ($M) - Global Industry Research
1.2 Freshwater Market 2019-2024 ($M) - Global Industry Research
1.3 Brackish water Market 2019-2024 ($M) - Global Industry Research
2.Global FIN FISH MARKET, BY FISH TYPE Market 2019-2024 ($M)
2.1 TROPICAL FIN FISH Market 2019-2024 ($M) - Global Industry Research
3.Global FIN FISH MARKET, BY ENVIRONMENT Market 2019-2024 (Volume/Units)
3.1 Marine water Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Freshwater Market 2019-2024 (Volume/Units) - Global Industry Research
3.3 Brackish water Market 2019-2024 (Volume/Units) - Global Industry Research
4.Global FIN FISH MARKET, BY FISH TYPE Market 2019-2024 (Volume/Units)
4.1 TROPICAL FIN FISH Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America FIN FISH MARKET, BY ENVIRONMENT Market 2019-2024 ($M)
5.1 Marine water Market 2019-2024 ($M) - Regional Industry Research
5.2 Freshwater Market 2019-2024 ($M) - Regional Industry Research
5.3 Brackish water Market 2019-2024 ($M) - Regional Industry Research
6.North America FIN FISH MARKET, BY FISH TYPE Market 2019-2024 ($M)
6.1 TROPICAL FIN FISH Market 2019-2024 ($M) - Regional Industry Research
7.South America FIN FISH MARKET, BY ENVIRONMENT Market 2019-2024 ($M)
7.1 Marine water Market 2019-2024 ($M) - Regional Industry Research
7.2 Freshwater Market 2019-2024 ($M) - Regional Industry Research
7.3 Brackish water Market 2019-2024 ($M) - Regional Industry Research
8.South America FIN FISH MARKET, BY FISH TYPE Market 2019-2024 ($M)
8.1 TROPICAL FIN FISH Market 2019-2024 ($M) - Regional Industry Research
9.Europe FIN FISH MARKET, BY ENVIRONMENT Market 2019-2024 ($M)
9.1 Marine water Market 2019-2024 ($M) - Regional Industry Research
9.2 Freshwater Market 2019-2024 ($M) - Regional Industry Research
9.3 Brackish water Market 2019-2024 ($M) - Regional Industry Research
10.Europe FIN FISH MARKET, BY FISH TYPE Market 2019-2024 ($M)
10.1 TROPICAL FIN FISH Market 2019-2024 ($M) - Regional Industry Research
11.APAC FIN FISH MARKET, BY ENVIRONMENT Market 2019-2024 ($M)
11.1 Marine water Market 2019-2024 ($M) - Regional Industry Research
11.2 Freshwater Market 2019-2024 ($M) - Regional Industry Research
11.3 Brackish water Market 2019-2024 ($M) - Regional Industry Research
12.APAC FIN FISH MARKET, BY FISH TYPE Market 2019-2024 ($M)
12.1 TROPICAL FIN FISH Market 2019-2024 ($M) - Regional Industry Research
13.MENA FIN FISH MARKET, BY ENVIRONMENT Market 2019-2024 ($M)
13.1 Marine water Market 2019-2024 ($M) - Regional Industry Research
13.2 Freshwater Market 2019-2024 ($M) - Regional Industry Research
13.3 Brackish water Market 2019-2024 ($M) - Regional Industry Research
14.MENA FIN FISH MARKET, BY FISH TYPE Market 2019-2024 ($M)
14.1 TROPICAL FIN FISH Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Fin Fish Market Revenue, 2019-2024 ($M)
2.Canada Fin Fish Market Revenue, 2019-2024 ($M)
3.Mexico Fin Fish Market Revenue, 2019-2024 ($M)
4.Brazil Fin Fish Market Revenue, 2019-2024 ($M)
5.Argentina Fin Fish Market Revenue, 2019-2024 ($M)
6.Peru Fin Fish Market Revenue, 2019-2024 ($M)
7.Colombia Fin Fish Market Revenue, 2019-2024 ($M)
8.Chile Fin Fish Market Revenue, 2019-2024 ($M)
9.Rest of South America Fin Fish Market Revenue, 2019-2024 ($M)
10.UK Fin Fish Market Revenue, 2019-2024 ($M)
11.Germany Fin Fish Market Revenue, 2019-2024 ($M)
12.France Fin Fish Market Revenue, 2019-2024 ($M)
13.Italy Fin Fish Market Revenue, 2019-2024 ($M)
14.Spain Fin Fish Market Revenue, 2019-2024 ($M)
15.Rest of Europe Fin Fish Market Revenue, 2019-2024 ($M)
16.China Fin Fish Market Revenue, 2019-2024 ($M)
17.India Fin Fish Market Revenue, 2019-2024 ($M)
18.Japan Fin Fish Market Revenue, 2019-2024 ($M)
19.South Korea Fin Fish Market Revenue, 2019-2024 ($M)
20.South Africa Fin Fish Market Revenue, 2019-2024 ($M)
21.North America Fin Fish By Application
22.South America Fin Fish By Application
23.Europe Fin Fish By Application
24.APAC Fin Fish By Application
25.MENA Fin Fish By Application
26.Alpha Group Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Fin fish Technologies Asia Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Cermaq Group AS, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.Cooke Fin fish, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Leroy Seafood Group ASA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Marine Harvest ASA, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Nippon Suisan Kaisha, Ltd., Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.P/F Bakkafrost, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Tassal Group Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Thai Union Group PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)