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 Revenue, Market Size and Key Trends by Company
        2.2 Key Trends by type of Application
        2.3 Key Trends segmented by Geography
3. Fin Fish Market
        3.1 Comparative analysis
            3.1.1 Product Benchmarking - Top 10 companies
            3.1.2 Top 5 Financials Analysis
            3.1.3 Market Value split by Top 10 companies
            3.1.4 Patent Analysis - Top 10 companies
            3.1.5 Pricing Analysis
4. Fin Fish Market - Startup companies Scenario Premium
        4.1 Top 10 startup company Analysis by
            4.1.1 Investment
            4.1.2 Revenue
            4.1.3 Market Shares
            4.1.4 Market Size and Application Analysis
            4.1.5 Venture Capital and Funding Scenario
5. Fin Fish Market - Industry Market Entry Scenario Premium
        5.1 Regulatory Framework Overview
        5.2 New Business and Ease of Doing business index
        5.3 Case studies of successful ventures
        5.4 Customer Analysis - Top 10 companies
6. Fin Fish Market Forces
        6.1 Drivers
        6.2 Constraints
        6.3 Challenges
        6.4 Porters five force model
            6.4.1 Bargaining power of suppliers
            6.4.2 Bargaining powers of customers
            6.4.3 Threat of new entrants
            6.4.4 Rivalry among existing players
            6.4.5 Threat of substitutes
7. Fin Fish Market -Strategic analysis
        7.1 Value chain analysis
        7.2 Opportunities analysis
        7.3 Product life cycle
        7.4 Suppliers and distributors Market Share
8. Fin Fish Market - By Product Type(Market Size -$Million / $Billion)
        8.1 Market Size and Market Share Analysis
        8.2 Application Revenue and Trend Research
        8.3 Product Segment Analysis
9. Fin Fish Market - By Type(Market Size -$Million / $Billion)
        9.1 FIN FISH MARKET, BY ENVIRONMENT
            9.1.1 Marine water
            9.1.2 Freshwater
            9.1.3 Brackish water
        9.2 FIN FISH MARKET, BY FISH TYPE
            9.2.1 TROPICAL FIN FISH
10. Fin Fish - By Application Type(Market Size -$Million / $Billion)
        10.1 Segment type Size and Market Share Analysis
        10.2 Application Revenue and Trends by type of Application
        10.3 Application Segment Analysis by Type
11. Fin Fish- By Geography (Market Size -$Million / $Billion)
        11.1 Fin Fish Market - North America Segment Research
        11.2 North America Market Research (Million / $Billion)
            11.2.1 Segment type Size and Market Size Analysis
            11.2.2 Revenue and Trends
            11.2.3 Application Revenue and Trends by type of Application
            11.2.4 Company Revenue and Product Analysis
            11.2.5 North America Product type and Application Market Size
                  11.2.5.1 U.S
                  11.2.5.2 Canada
                  11.2.5.3 Mexico
                  11.2.5.4 Rest of North America
        11.3 Fin Fish- South America Segment Research
        11.4 South America Market Research (Market Size -$Million / $Billion)
            11.4.1 Segment type Size and Market Size Analysis
            11.4.2 Revenue and Trends
            11.4.3 Application Revenue and Trends by type of Application
            11.4.4 Company Revenue and Product Analysis
            11.4.5 South America Product type and Application Market Size
                  11.4.5.1 Brazil
                  11.4.5.2 Venezuela
                  11.4.5.3 Argentina
                  11.4.5.4 Ecuador
                  11.4.5.5 Peru
                  11.4.5.6 Colombia
                  11.4.5.7 Costa Rica
                  11.4.5.8 Rest of South America
        11.5 Fin Fish- Europe Segment Research
        11.6 Europe Market Research (Market Size -$Million / $Billion)
            11.6.1 Segment type Size and Market Size Analysis
            11.6.2 Revenue and Trends
            11.6.3 Application Revenue and Trends by type of Application
            11.6.4 Company Revenue and Product Analysis
            11.6.5 Europe Segment Product type and Application Market Size
                  11.6.5.1 U.K
                  11.6.5.2 Germany
                  11.6.5.3 Italy
                  11.6.5.4 France
                  11.6.5.5 Netherlands
                  11.6.5.6 Belgium
                  11.6.5.7 Denmark
                  11.6.5.8 Spain
                  11.6.5.9 Rest of Europe
        11.7 Fin Fish - APAC Segment Research
        11.8 APAC Market Research (Market Size -$Million / $Billion)
            11.8.1 Segment type Size and Market Size Analysis
            11.8.2 Revenue and Trends
            11.8.3 Application Revenue and Trends by type of Application
            11.8.4 Company Revenue and Product Analysis
            11.8.5 APAC Segment - Product type and Application Market Size
                  11.8.5.1 China
                  11.8.5.2 Australia
                  11.8.5.3 Japan
                  11.8.5.4 South Korea
                  11.8.5.5 India
                  11.8.5.6 Taiwan
                  11.8.5.7 Malaysia
                  11.8.5.8 Hong kong
                  11.8.5.9 Rest of APAC
        11.9 Fin Fish - Middle East Segment and Africa Segment Research
        11.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
            11.10.1 Segment type Size and Market Size Analysis
            11.10.2 Revenue and Trend Analysis
            11.10.3 Application Revenue and Trends by type of Application
            11.10.4 Company Revenue and Product Analysis
            11.10.5 Middle East Segment Product type and Application Market Size
                  11.10.5.1 Israel
                  11.10.5.2 Saudi Arabia
                  11.10.5.3 UAE
            11.10.6 Africa Segment Analysis
                  11.10.6.1 South Africa
                  11.10.6.2 Rest of Middle East & Africa
12. Fin Fish Market - Entropy
        12.1 New product launches
        12.2 M&A s, collaborations, JVs and partnerships
13. Fin Fish Market - Industry / Segment Competition landscape Premium
        13.1 Market Share Analysis
            13.1.1 Market Share by Country- Top companies
            13.1.2 Market Share by Region- Top 10 companies
            13.1.3 Market Share by type of Application - Top 10 companies
            13.1.4 Market Share by type of Product / Product category- Top 10 companies
            13.1.5 Market Share at global level - Top 10 companies
            13.1.6 Best Practises for companies
14. Fin Fish Market - Key Company List by Country Premium
15. Fin Fish Market Company Analysis
        15.1 Market Share, Company Revenue, Products, M&A, Developments
        15.2 Alpha Group Ltd.
        15.3 Cermaq Group AS
        15.4 Cooke Fin fish
        15.5 Fin fish Technologies Asia Limited
        15.6 Leroy Seafood Group ASA
        15.7 Marine Harvest ASA
        15.8 Nippon Suisan Kaisha, Ltd.
        15.9 P/F Bakkafrost
        15.10 Tassal Group Limited
        15.11 Thai Union Group PLC
        15.12 Company 12
        15.13 Company 13 & More
*Financials would be provided on a best efforts basis for private companies
16. Fin Fish Market - Appendix
        16.1 Abbreviations
        16.2 Sources
17. Fin Fish Market - Methodology
        17.1 Research Methodology
            17.1.1 Company Expert Interviews
            17.1.2 Industry Databases
            17.1.3 Associations
            17.1.4 Company News
            17.1.5 Company Annual Reports
            17.1.6 Application Trends
            17.1.7 New Products and Product database
            17.1.8 Company Transcripts
            17.1.9 R&D Trends
            17.1.10 Key Opinion Leaders Interviews
            17.1.11 Supply and Demand Trends

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)