Aquaculture plays an important role in augmenting global fish and seafood production. Aquaculture water treatment systems help maintain clean and hygienic conditions in aquaculture farms by removing toxins and harmful microorganisms from water. Systems such as ultraviolet sterilization, biofilters, sedimentation units, etc. are widely used. Recirculating aquaculture systems (RAS) utilize water treatment equipment for reconditioning water before recirculation and help achieve high stocking densities.
The global Aquaculture Water Treatment Systems Market is estimated to be valued at US$ 4.2 billion in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023-2031, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The rising adoption of RAS has been one of the major trends in the global aquaculture water treatment systems market. RAS reduces water usage by nearly 95% as compared to flow-through systems through water reconditioning and reuse. It helps aquafarmers raise fish in a protected, controlled environment with higher production per unit area. RAS also offers biosecurity advantages by limiting the risk of pathogens and diseases. With growing freshwater scarcity and focus on sustainability, RAS has gained widespread acceptance in recent years, thereby boosting the demand for associated water treatment equipment. The ability of RAS to intensify fish farming sustainably and address the rising demand for fish protein will continue driving its adoption globally.
Segment Analysis
The Global Aquaculture Water Treatment Systems Market Analysis is dominated by recirculating aquaculture systems (RAS) sub segment. RAS is gaining popularity as it allows effective control over water quality parameters while maximizing biosecurity, stocking density and production yields. RAS recirculates up to 95% of water used, as opposed to the typical 5-20% in flow-through systems. This significantly reduces water use and discharge of waste and antibiotics.
Key Takeaways
The global aquaculture water treatment systems market is expected to witness high growth. The global Aquaculture Water Treatment Systems Market is estimated to be valued at US$ 4.2 billion in 2023 and is expected to exhibit a CAGR of 5.6% over the forecast period 2023-2031.
Regional analysis shows that Asia Pacific currently dominates the market attributed to large producers like China, India, Vietnam etc. However, North America region is expected to grow at fastest rate due high adoption of RAS driven by increasing concerns over water conservation.
Key players operating in the aquaculture water treatment systems market are AKVA group, Aquafine Corporation, Aquamaof Aquaculture Technologies, ATG UV Technology, Billund Aquaculture, BioFishency Ltd., Clewer Aquaculture Oy, Danaher Corporation, EDAP Food Technology, FIAP GmbH, Veolia, Xylem Inc., Pentair AES.
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