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Analysis of Aquaculture healthcare market by 2026

The Aquaculture healthcare market research report analysis from recent past with an eye on coming years in this report that also offers projections Aquaculture healthcare industry targeted at helping in business decisions.

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Analysis of Aquaculture healthcare market by 2026

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  1. Aquaculture healthcare market trends research and projections for 2020- 2026 • An upsurge in aquaculture farming and rising prevalence of diseases & parasites will spur aquaculture healthcare market growth. Poor water quality with low oxygen content has augmented the incidences of disease among aquatic animals, which has raised the demand for aquaculture healthcare products. Mounting demand for fish protein is a key impetus for the growth of the market. • As per the Food and Agriculture Organization (FAO), in 2016, the per capita consumption of fishes doubled to over 20 kg. Increased demand for shrimp and fish along with overfishing of other wild varieties of fishes is likely to translate into substantial aquaculture healthcare industry demand. • According to a research study conducted by Global Market Insights, Inc., aquaculture healthcare market size is anticipated to surpass $1 billion by 2026. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Elaborating on the product spectrum, aquaculture healthcare market is segmented into vaccines, drugs, and medicated feed additives. In 2019, the drug segmented accounted for around 55.5% share in the total aquaculture healthcare industry. The drug segment comprises anti-infective, parasiticides, and anti-inflammatory drugs. Prevalence of parasites and diseases has raised among farmed fish, which has encouraged research & development for innovative products to treat parasites, such as sea-lice. • Aquatic animals are prone to various infections, including viral, fungal, bacterial, and parasitic infections. In 2019, the parasitic infections segment stood at $148.3 million. The segmental growth can be accredited to the rising vulnerability of aquatic animals towards parasites, such as sea fleas and sea lice. Also, introduction of several innovative products for the treatment of such infections will stimulate demand for anti-parasitic therapeutics in the ensuing years. • On the basis of species, aquaculture healthcare industry can be divided into crustaceans and fishes. Aquatic animals, such as shrimps and prawns are placed under the crustacean segment, which is expected to observe a 6.5% CAGR over 2020-2026. The growth will stem from the intensifying demand for shrimps and prawns and the flourishing large crustaceans business in South Asian nations. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/4536 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Regional Analysis • On the basis of the distribution channel, aquaculture healthcare market is bifurcated into online stores, retail/aqua stores, and distributors. The Retail/aqua stores segment is likely to grow at a CAGR of 5.9% over the forecast period due to the easy availability of several therapeutic solutions at retail stores. Also, specialty products for aquatic animals are easily accessible at aqua stores, which will proliferate segmental growth. • From a regional perspective, in 2019, North America aquaculture healthcare industry size was valued at $75.8 million. Canada was at the forefront of North America market owing to the presence of major industry players in the country. Moreover, countries in North America are witnessing large consumption of seafood, which will augment North America aquaculture healthcare market size. • Competitive Analysis • Key players operating in the industry are Merck, Zoetis, Elanco, Vetoquinol, Archer Daniels Midland Corporation, Benchmark PLC, and DuPont. These companies are focusing on the adoption of various inorganic business strategies, such as collaborations, mergers, and acquisitions to gain a competitive advantage over the market. Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/4459 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Latest Research Report On Aquaculture healthcare market @ https://www.gminsights.com/industry-analysis/aquaculture-healthcare-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/4536 Request for customization: https://www.gminsights.com/roc/4536 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

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