Aquaculture in Norway
SummaryAquaculture in Norway industry profile provides top-line qualitative and quantitative summary information including: market size (value 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Aquaculture industry involves the cultivation and farming of aquatic organisms in both inland and marine areas. This includes a diverse range of species, such as crustaceans, diadromous fishes, freshwater fishes, marine fishes, and molluscs. Market volume and value represents the production volume and value.
- The Norwegian aquaculture industry had total revenues of $11.4 billion in 2023, representing a compound annual growth rate (CAGR) of 6.4% between 2018 and 2023.
- Industry production volume increased with a CAGR of 1.6% between 2018 and 2023, to reach a total of 4,167.7 thousand tonnes in 2023.
- In 2023, Norway accounted for a 51.8% share of the European aquaculture market. The increasing demand for high-quality seafood, especially salmon, around globally is one of the main drivers of Norway's aquaculture industry's growth.
Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the aquaculture market in Norway
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the aquaculture market in Norway
- Leading company profiles reveal details of key aquaculture market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Norway aquaculture market with five year forecasts
Reasons To Buy
- What was the size of the Norway aquaculture market by value in 2023?
- What will be the size of the Norway aquaculture market in 2028?
- What factors are affecting the strength of competition in the Norway aquaculture market?
- How has the market performed over the last five years?
- What are the main segments that make up Norway's aquaculture market?
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