Aquaculture water treatment systems market and recirculating aquaculture systems market

Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market, By Type (Recirculating Aquaculture Systems, Disc Filtration System, Ultraviolet (UV) Light Disinfection Systems, Water Analytic Instruments), By Application (Freshwater, Seawater), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East& Africa)

  • Jul 2023
  • CMI3123
  • 160 Pages
  • Excel & Pdf
  • Information and Communication Technology

Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market size was valued at US$ 15.46 Bn in 2022, exhibiting a compound annual growth rate (CAGR) of 12.2% from 2023 to 2030.

Aquaculture water treatment is the process of removing impurities from the water, making it safe and suitable for use in aquariums. Aquaculture is the farming of aquatic organisms such as fish, shellfish and plants. The water used in aquaculture comes from various sources such as rivers, lakes and seawater. However, these water bodies often have some level of contaminants present, so the water should be treated prior to use in the aquarium.

Recirculating aquaculture is an innovation in the farming of fish and other aquatic animals that reuses water during production due to limited water exchange conditions. This innovation includes mechanical filters, biological filters, aerators, feeders, UV-C lights, and tanks to maintain suitable aquatic habitats for fish, shrimp, and all species developed in aquaculture. relies on the use of The recirculating aquaculture system "RAS" has been rapidly introduced in many areas of the aquaculture sector, and the production sector has not only a huge facility that produces a large amount of fish every year, but also the latest framework for saving endangered species.

 Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market- Regional Analysis Europe held a dominant position in the global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) market in 2022, followed by the North America and Asia Pacific region.

Figure 1. Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market Share (%), By Region, 2022

Europe, held the dominant position in 2022. Countries such as Norway, Scotland and Spain, have an established aquaculture industry, which drives the market. The region emphasizes sustainable aquaculture practices and strict water quality control regulations. There is a growing need for advanced water treatment systems to maintain high water quality standards and ensure the welfare of farmed species. The RAS market in Europe has experienced significant growth due to his focus on sustainable land-based aquaculture practices. Countries such as Norway, Denmark, and the Netherlands are at the forefront of RAS deployment, motivated by strict environmental regulations and a desire for better water quality management.

The North American aquaculture water treatment system market is driven by increasing demand for seafood and focus on sustainable aquaculture practices. The region is investing in innovative water treatment solutions to address environmental concerns and improve water quality. Its RAS market in North America is growing rapidly due to the need for sustainable aquaculture practices and improved water quality management, technological advances and the rise of land-based aquaculture facilities.

Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market- Segmentation

Figure 2. Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market Value (US$ Bn) Analysis and Forecast, By Type, 2022

Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) market was valued at US$ 15.46 Billion in 2022 and is expected to reach US$ 38.53 Billion by 2030, exhibiting a CAGR of 12.2% between 2023 and 2030.

Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market- Key Competitors

Major players operating in the global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) market include AKVA group, Aquafine Corporation, Aquamaof Aquaculture Technologies Ltd, AquaOptima AS, Artec Aqua AS, ATG UV Technology, Billund Aquaculture, BioFishency Ltd., Clewer Aquaculture Oy, Global RAS Fishery & Co., Hesy Aquaculture B.V., MAT LSS - Aquarium Filtration Systems, Pentair PLC. (Pentair Aquatic Eco-Systems, Inc.), RADAQUA, Senect Gmbh & Co. KG, Sterner AS, The Indian Aqua, Veolia Group, Water Management Technologies, Inc., and Xylem Inc.

Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market- Recent Developments

  1. On April 12, 2023, Innovasea, an aquatic solutions provider for aquaculture and fish tracking, launched the FlowFeeder a waterborne feeding solution that delivers feed to fish below the surface, minimizing pellet damage and loss that’s common with air-blown feeding systems.
  2. On June 8, 2023, Naturalshrimp Inc, a biotechnology aquaculture firm, developed and patented thr first shrimp focused RAS to help the expanding market for fresh naturally grown shrimp.
  3. On May 24, 2023, Xylem Inc, a water technology company acquired Evoqua Water Technologies Corp, a water treatment solution and service provider for approximately $ 7.5 Billion.

Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market- Driver

Growth in demand in areas with scarce water resources will drive the market

The growing demand for aquaculture water treatment systems and recirculating aquaculture systems (RAS) is largely driven by scarcity of water resources in certain regions. With water scarcity becoming a pressing issue worldwide, traditional aquaculture, which relies on large amounts of water, is facing major challenges. In response, the aquaculture industry is turning more and more attention to advanced water treatment systems and his RAS technology to address these concerns. These systems enable efficient use and reuse of water on farms, reducing dependence on scarce freshwater sources.

Recirculating aquaculture systems (RAS) take the concept of water treatment a step further by continuously circulating and filtering water in a closed loop system. RAS technology minimizes water loss and reduces the environmental impact associated with traditional open net corral farming. These systems allow aquaculture operations to be set up in land-based facilities regardless of geographic restrictions or limited water availability. Increasing demand for seafood and the need for sustainable and responsible aquaculture practices are driving the market for aquaculture water treatment systems and RAS. With water resources scarce, industries are working to ensure efficient use of water, minimize environmental impact, and meet the growing global demand for seafood while protecting aquatic ecosystems are forced to adopt these technologies.

Increasing focus on disease prevention and biosecurity

The focus on disease prevention and biosecurity in aquaculture is the major driver of the demand for water treatment systems in the market. Disease outbreaks can have a devastating impact on the aquaculture industry, resulting in significant economic losses due to high mortality rates, reduced growth rates and increased treatment costs.

Water treatment systems play an important role in disease prevention and control by maintaining optimal water quality. Poor water quality weakens a fish's immune system, making it more susceptible to disease. An effective water treatment system removes contaminants, organic matter and excess nutrients from water, ensuring a clean and healthy environment for fish.

According to the article published by Research Gate in October 2021 Recirculating Aquaculture Systems are a much better option with minimal environmental impact as less wastewater is generated from the ponds. Technology that recycles water during production using mechanical or biological filters to breed aquatic organisms. RAS also minimizes water consumption and disease development, acts as a water treatment system, improves feed conversion and shortens production cycles.

Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market Report Coverage

Report Coverage Details
Base Year: 2022 Market Size in 2023: US$ 17.18 Bn
Historical Data for: 2017 to 2021 Forecast Period: 2023 to 2030
Forecast Period 2023 to 2030 CAGR: 12.2% 2030 Value Projection: US$ 38.53 Bn 
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East & Africa: GCC Countries, South Africa, and Rest of Middle East & Africa
Segments covered:
  • By Type:  Recirculating Aquaculture Systems, Disc Filtration System, Ultraviolet (UV) Light Disinfection Systems, Water Analytic Instruments
  • By  Application: Freshwater, Seawater
Companies covered:

AKVA group, Aquafine Corporation, Aquamaof Aquaculture Technologies Ltd, AquaOptima AS, Artec Aqua AS, ATG UV Technology, Billund Aquaculture, BioFishency Ltd., Clewer Aquaculture Oy, Global RAS Fishery & Co., Hesy Aquaculture B.V., MAT LSS - Aquarium Filtration Systems, Pentair PLC. (Pentair Aquatic Eco-Systems, Inc.), RADAQUA, Senect Gmbh & Co. KG, Sterner AS, The Indian Aqua, Veolia Group, Water Management Technologies, Inc., and Xylem Inc.

Growth Drivers:
  • Water scarce areas to drive growth in demand.
  • Growing focus on disease prevention and biosecurity.
Restraints & Challenges:
  • High initial capital investment and maintenance costs.

Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market- Restraint

High Initial Capital investment and maintenance costs

Aquaculture water treatment systems and recirculating aquaculture systems (RAS) require significant initial investment and can be a significant barrier to the market. Infrastructure, equipment, technology, and ongoing maintenance costs contribute to significant capital requirements. The integration of water treatment systems, including mechanical, biological and chemical processes, increases capital costs. These systems are critical in removing waste, excess nutrients and pathogens from the culture water to ensure a healthy and sustainable environment for the fish.

Furthermore, maintaining optimal water quality requires special equipment such as water filtration systems, aeration systems, and monitoring equipment. These systems often require sophisticated techniques to monitor and control factors such as temperature, dissolved oxygen, ammonia and pH levels.

Moreover, ongoing maintenance and operating costs should not be ignored. Routine maintenance, equipment replacement, water treatment chemicals, and energy costs all add to the total cost of ownership, making it difficult for small farmers and those with limited financial resources to invest in such systems.

Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market- Opportunity

Technological Advancements and Land-Based Aquaculture will drive efficiency and sustainability

The aquaculture water treatment sector is seeing significant technological advancements aimed at improving efficiency, automation and real-time monitoring. Companies focused on innovation in this area are developing advanced filtration systems, bio filtration technologies, UV sterilization methods, and sensor-based monitoring systems. These advances are aimed at improving the overall sustainability and productivity of aquaculture operations.

Additionally, the rise of recirculating aquaculture systems (RAS) has enabled land-based aquaculture, eliminating dependence on coastal areas and large bodies of water. This breakthrough will open up new opportunities for aquaculture production in inland areas and areas with limited water resources. RAS technology allows you to control and optimize conditions such as water quality, temperature and feeding, improving fish health and growth rates. Land-based aquaculture also reduces the environmental impact of traditional open-water aquaculture methods and allows for better management of disease management.

Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market- Impact of COVID-19:

The global aquaculture water treatment systems market and the recirculating aquaculture systems (RAS) market had been significantly impacted by the COVID-19 pandemic. The pandemic had disrupted global supply chains and created operational challenges for the aquaculture industry. International trade restrictions, transportation restrictions, and labor shortages are affecting the production and sales of aquaculture water treatment systems and RAS equipment. During the early stages of the pandemic, many aquaculture facilities were forced to scale back or shut down operations, leading to reduced demand for water treatment systems and RAS technology. However, the pandemic has also highlighted the importance of sustainable and safe food production systems and has refocused attention on aquaculture. As the industry strives to become more resilient and less dependent on external factors, interest in advanced water treatment systems and his RAS technology is growing. The pandemic has accelerated the adoption of automation and remote monitoring solutions in farms. Companies are investing in technologies that enable remote management and real-time monitoring of water quality, feeding and system-wide performance. Additionally, the concept of land-based aquaculture is gaining momentum during the pandemic as it reduces dependence on coastal areas and potentially enables better disease management controls. This has further increased the demand for RAS technology and land-based aquaculture systems.

*Definition: Aquaculture Water Treatment Systems Market and RAS is a technology that mechanically and biologically filters water, removes suspended solids and metabolites, and then recycles and reuses the water.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Type
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Water scarce areas to drive growth in demand.
        • Growing focus on disease prevention and biosecurity.
      • Restraints
        • High initial capital investment and maintenance costs.
      • Market Opportunities
        • Technological advancement and increasing adoption of land based aquaculture.
    • Regulatory Scenario
    • Industry Trend
    • Merger and Acquisitions
    • New system Launches/Approvals
    • Impact of COVID-19 Pandemic
  4. Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market, By Product Type, 2018-2030, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2018 – 2030
      • Segment Trends Market Share Analysis, 2023 and 2030 (%)
    • Recirculating Aquaculture Systems
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
    • Disc Filtration System
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
    • Ultraviolet (UV) Light Disinfection Systems
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
    • Water Analytic Instruments
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
  5. Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market, By Application, 2018-2030, (US$ Billion)
    • Introduction
      • Market Share Analysis, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, 2018 – 2030
      • Segment Trends Market Share Analysis, 2023 and 2030 (%)
    • Freshwater
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
        • Carps, Barbels & Other Cyprinids
        • Miscellaneous Fresh Water Fishes
        • Clams, Cockles, Arkshells
        • Oysters
        • Tilapias & Other Cichlids
        • Shrimps, Prawns
        • Salmon, Trout, Smelts
        • Freshwater Crustaceans
        • Scallops, Pectens
        • Others
    • Seawater
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
        • Carps, Barbels & Other Cyprinids
        • Miscellaneous Fresh Water Fishes
        • Clams, Cockles, Arkshells
        • Oysters
        • Tilapias & Other Cichlids
        • Shrimps, Prawns
        • Salmon, Trout, Smelts
        • Freshwater Crustaceans
        • Scallops, Pectens
        • Others
  6. Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market, By Region, 2018-2030, (US$ Billion)
    • Introduction
      • Market Share Analysis, By Country, 2023 and 2030 (%)
      • Y-o-Y Growth Analysis, For Country 2018–2030
      • Country Trends
    • North America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030, (US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
        • U.S.
        • Canada
    • Europe
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030, (US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030, (US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2018-2030, (US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030 ,(US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030, (US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Country, 2018-2030, (US$ Billion)
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth,2018-2030 (US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Type, 2018-2030 (US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Application, 2018-2030 (US$ Billion)
      • Market Size and Forecast, and Y-o-Y Growth, By Country/Sub-region, 2018-2030, (US$ Billion)
        • South Africa
        • GCC Countries
        • Rest of the Middle East & Africa
  7. Competitive Landscape
    • Company Profiles
      • AKVA group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Aquafine Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Aquamaof Aquaculture Technologies Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • AquaOptima AS
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Artec Aqua AS
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • ATG UV Technology
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Billund Aquaculture
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • BioFishency Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Clewer Aquaculture Oy
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Global RAS Fishery & Co.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Hesy Aquaculture B.V.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • MAT LSS - Aquarium Filtration Systems
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Pentair PLC. (Pentair Aquatic Eco-Systems, Inc.)
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • RADAQUA
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Senect Gmbh & Co. KG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Sterner AS
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • The Indian Aqua
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Veolia Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Water Management Technologies, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Xylem Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Analyst Views
  8. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on "Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market - forecast to 2030”.

Detailed Segmentation

  • Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market, By Type:
    • Recirculating Aquaculture Systems
    • Disc Filtration System
    • Ultraviolet (UV) Light Disinfection Systems
    • Water Analytic Instruments
  • Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market, By Application:
    • Freshwater
    • Seawater
  • Global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market, By Region:
    • North America
      • By  Type
        • Recirculating Aquaculture Systems
        • Disc Filtration System
        • Ultraviolet (UV) Light Disinfection Systems
        • Water Analytic Instruments
      • By Application
        • Freshwater
        • Seawater
      • By Country
        • U.S.
        • Canada
    • Europe
      • By  Type
        • Recirculating Aquaculture Systems
        • Disc Filtration System
        • Ultraviolet (UV) Light Disinfection Systems
        • Water Analytic Instruments
      • By Application
        • Freshwater
        • Seawater
      • By Country
        • Germany
        • U.K.
        • France
        • Italy
        • Spain
        • Russia
        • Rest of Europe
    • Asia Pacific
      • By  Type
        • Recirculating Aquaculture Systems
        • Disc Filtration System
        • Ultraviolet (UV) Light Disinfection Systems
        • Water Analytic Instruments
      • By Application
        • Freshwater
        • Seawater
      • By Country
        • China
        • India
        • Japan
        • Australia
        • South Korea
        • ASEAN
        • Rest of Asia Pacific
    • Latin America
      • By  Type
        • Recirculating Aquaculture Systems
        • Disc Filtration System
        • Ultraviolet (UV) Light Disinfection Systems
        • Water Analytic Instruments
      • By Application
        • Freshwater
        • Seawater
      • By Country
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • By  Type
        • Recirculating Aquaculture Systems
        • Disc Filtration System
        • Ultraviolet (UV) Light Disinfection Systems
        • Water Analytic Instruments
      • By Application
        • Freshwater
        • Seawater
      • By Country/Region:
        • GCC Countries
        • South Africa
        • Rest of Middle East & Africa
- Frequently Asked Questions -

What are the growth estimates for the global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) market till 2030?

The global Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) market is estimated to surpass US$ 38.53 Billion by 2030.

Which are the prominent Market and Recirculating Aquaculture Systems (RAS) market players across the globe?

Major players operating in the Market and Recirculating Aquaculture Systems (RAS) market include AKVA group, Aquafine Corporation, Aquamaof Aquaculture Technologies Ltd, AquaOptima AS, Artec Aqua AS, ATG UV Technology, Billund Aquaculture, BioFishency Ltd., Clewer Aquaculture Oy, Global RAS Fishery & Co., Hesy Aquaculture B.V., MAT LSS - Aquarium Filtration Systems, Pentair PLC. (Pentair Aquatic Eco-Systems, Inc.), RADAQUA, Senect Gmbh & Co. KG, Sterner AS, The Indian Aqua, Veolia Group, Water Management Technologies, Inc., and Xylem Inc.

Which Type segment accounted for the highest share in the Market and Recirculating Aquaculture Systems (RAS) market?

Among type, the RAS segment held the dominant position in the market in 2022, and is expected to retain its dominance throughout the forecast period.

What are the key factors driving the growth of the Market and Recirculating Aquaculture Systems (RAS) market?

 Increasing demand in water scare areas and focus on biosecurity are few of the major factors that are expected to drive the market growth over the forecast period.

What will be the compound annual growth rate (CAGR) of the Market and Recirculating Aquaculture Systems (RAS) market in 2030?

The Market and Recirculating Aquaculture Systems (RAS) market is expected to exhibit a CAGR of 12.2% over the forecast period.

Which region is dominating the Market and Recirculating Aquaculture Systems (RAS) market?

Among regions, Europe held a dominant position in the Market and Recirculating Aquaculture Systems (RAS) market in 2022, and is expected to retain its dominance over the forecast period.
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