Fish Farming Market size, share & Forecast
The Fish Farming Market is projected to reach USD 378 billion by 2027, growing at a 5.1% during the forecast period (2020-2027). The factors driving growth of the Fish Farming Market includes rise in the production of fish worldwide, increasing awareness about the benefits of consuming fish, growing demand for organic fish products, Government policies promoting freshwater aquaculture and improvements in the living standards. For instance, the global fish production has increased from 173 million metric tons in 2017 to 17 million metric tons in 2021, which is expected to accelerate the Fish Farming Market size in the approaching years. Moreover, increasing consumers inclination towards adopting healthy lifestyles, growing adoption of advanced technologies such as Artificial Intelligence (AI), Internet of Things (IoT) and Augmented Reality, food security concerns and rapid urbanization, are propelling the market growth. In addition, the increasing investments by major companies o...