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Aquaculture Healthcare Market- Competitive Analysis, Opportunity & Forecast, 2027

Aquaculture Healthcare Market Size By Product (Drug {Parasiticides, Anti-inflammatory, Anti-infectives}, Vaccines {Modified Live Vaccines (MLV), Killed Inactivated Vaccines}, Medicated Feed Additives {Antibiotics, Vitamins, Amino Acids, Enzymes, Antioxidants, Prebiotics and Probiotics, Minerals, Hormones}), By Species (Fish {Freshwater Species [Tilapia, Carp], Marine Species [Sea Bass, Sea Bream, Turbot], Diadromous Species [Salmon, Trout]}, Crustaceans {Prawns, Shrimps}), By Infections (Bacterial Infections, Viral Infections, Parasitic Infections, Fungal Infections), By Route of Administration (Oral, Injectable, Topical), By Distribution Channel (Distributors, Online Stores, Retail/Aqua Stores),By Region (North America, Europe, Asia Pacific, Middle East & Africa and Latin America), Forecast & Opportunities, 2015-2027

Product Overview:

Aquaculture Healthcare Market primarily consists ofvarious types product which help in maintaining and improving aquaculture health. Products such as drugs, vaccines and medicated feed additives. These products are further categorized in their sub categories in order to address specific function. Various aquaculture healthcare products helps in targeting infection such as bacterial, viral, parasitic and fungal infections in wide range of fish species such as tilapia, carp, sea bass, sea bream, turbot, salmon, trout, prawns and shrimps. Aquaculture healthcare products are made available by manufacturers in through various distribution channels such as online stores, retail stores and in house distributors of the manufactures. Alarming need to curtail spread of zoonotic diseases due to consumption of meat products, advancements in  aquaculture healthcare products, spreading awareness and growing aquaculture healthcare spending from government are some of the major factor responsible for global Aquaculture Healthcare market growth worldwide.

Marker Overview:

  • Global Aquaculture Healthcare Market is projected to expand with a CAGR of 6.1% during the forecast timeline, 2019 to 2027. 
  • The Aquaculture Healthcare market valued over USD  750.2million in 2018 and is poisedto expand with a CAGR of over 6.1% during the forecast period to reach a market value over USD 1.2 billion by the end of 2027
  • Aquaculture drugsmarket account for majority of market share, in fact, in 2019, the aquaculture drugsmarket accounted for more than 35% market shareand is estimated to grow with a CAGR of over 5.5% over the forecast period.
  • Aquaculture healthcare market for fish products proved to be most profitable over the historic period. By the end of 2019, the fish healthcare market accounted for more than 85% market share. Growing demand for freshwater fishes in developing countries coupled with rising spending capacity will augment market growth over the forecast period.
  • In 2018, EuropeAquaculture Healthcare market accounted for the largest share of the global Aquaculture Healthcare market. Accounting for more than 30% market share, the market in this region is driven by demand from UKAquaculture Healthcare market. This largest share can be attributed high demand for fish protein, high fish food spending, high awareness and aquaculture healthcare ecosystem.
  • Asia PacificAquaculture Healthcare market is expected to grow at a fastest CAGR of over 7.5% over the forecast timeframe. In 2019, the Asia Pacific market valued over USD 150 million and will witness escalating growth over the forecast timeframe.The market in this part of the world will be strongly driven by demand from ChinaAquaculture Healthcare market and India Aquaculture Healthcare market.

Research Scope:

The Aquaculture Healthcare Market is segmented into;Product (Drug {Parasiticides, Anti-inflammatory, Anti-infectives}, Vaccines {Modified Live Vaccines (MLV), Killed Inactivated Vaccines}, Medicated Feed Additives {Antibiotics, Vitamins, Amino Acids, Enzymes, Antioxidants, Prebiotics and Probiotics, Minerals, Hormones}), By Species (Fish {Freshwater Species [Tilapia, Carp], Marine Species [Sea Bass, Sea Bream, Turbot], Diadromous Species [Salmon, Trout]}, Crustaceans {Prawns, Shrimps}), By Infections (Bacterial Infections, Viral Infections, Parasitic Infections, Fungal Infections), By Route of Administration (Oral, Injectable, Topical), By Distribution Channel (Distributors, Online Stores, Retail/Aqua Stores). Finally, the market is segmented into region wise which includes North America, Europe, and Asia Pacific, Middle East & Africa and Latin America and their respective countries.

Years considered for this report:

  • Historical Years: 2015 – 2018
  • Base Year: 2019
  • Forecast Period: 2020 – 2027

Competitive Market Players:

The Aquaculture Healthcare Market is dominated by the presence of a few key players operating globally, whichincludeZoetis,DuPont, Elanco, CevaSante,Vetoquinol,Benchmark PLC,Archer Daniels Midland Corporation. There is presence of other small and medium industry participants striving to gain market share.

Key Questions Answered in this Report:

  • What is the global Aquaculture Healthcare market size in terms of revenue from 2014-2027, and what is the expected growth rate during the forecast period 2019-2027? 
  • What is the revenue generated by different types of Aquaculture Healthcare at a global and regional level?
  • What is the revenue generated by Aquaculture Healthcare based on different segments at a global and regional level?
  • What is the revenue generated by Aquaculture Healthcare based on different end users at a global and regional level?
  • What is the market size and what are the various market opportunities of Aquaculture Healthcare across different regions?
  • What are the major driving forces that are expected to increase the demand for the Aquaculture Healthcare market during the forecast period?
  • What are the major challenges inhibiting the growth of the global Aquaculture Healthcare market?
  • Which are the major stakeholders in terms of their contribution and impact in the Aquaculture Healthcare ecosystem?
  • What type of new strategies is adopted by the existing market players to expand their market position in the industry?
  • What is the regulatory landscape in different regions for Aquaculture Healthcare ecosystem?
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