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Europe Land-based Aquaculture Systems Market Forecast to 2030 - COVID-19 Impact and Regional Analysis by Component (Software and Services (Training Market, Integration Market, and Other Service Market)), Enterprise Size (Large Enterprises and Small & Medium Enterprises)
Market Report I 2023-07-06 I 150 Pages I The Insight Partners
The Europe land-based aquaculture systems market is expected to grow from US$ 141.93 million in 2022 to US$ 380.47 million by 2030; it is estimated to register a CAGR of 13.3% from 2022 to 2030.
Increased funding allows for research and development in land-based aquaculture technologies, further leading to the development of more efficient and sustainable aquaculture processes with advanced waste management, water filtration, automation, and monitoring systems. Land-based aquaculture systems are often more environmentally sustainable than traditional open-water fish farming. By investing in land-based aquacultures, European countries can reduce the environmental impact of marine-based aquacultures by keeping a check on water pollution and habitat destruction. Moreover, it helps protect aquatic ecosystems by preventing the spread of diseases and parasites to wild fish populations. Several funding initiatives have been taken by the governments of EU countries, private investors, and research institutions to support the development and expansion of land-based aquaculture systems. European Maritime and Fisheries Fund (EMFF) and Horizon 2020 are a few such initiatives taken by stakeholders in the aquaculture industry in Europe. In May 2023, Big Akwa planned to build a land-based rainbow trout farm in Sweden with a 6,000-tonne capacity with an investment of US$ 369,426 million. Therefore, an upsurge in funding initiatives favors the Europe land-based aquaculture systems market growth.
Several technological advancements in water treatment and filtration processes (especially in RAS), and automation and monitoring [through artificial intelligence (AI)] have helped companies to transform the world of precision aquaculture. Land-based aquaculture, in particular, is the most sustainable option for raising fish and other species, and AI has become crucial to make this method more efficient and effective. By utilizing AI algorithms, farmers can optimize the growth and health of fish, thereby reducing the need for costly inputs such as medication and feed, lowering the costs of outputs, and increasing the efficiency of the farming process, which makes it a preferred option for consumers looking for a sustainable source of animal protein sourced from aquatic ecosystems. Advanced water treatment and filtration technologies-mechanical, biological, and chemical-are crucial in land-based aquaculture systems as they help remove solids, excess nutrients, and contaminants from the water, ensuring optimal water quality for fish health and growth. In addition to filtration techniques, ozone and UV disinfection are used to maintain water purity and prevent diseases. Sensors, cameras, and monitoring software enable real-time monitoring of water parameters, fish behaviors, and feeding patterns. These technological advancements in Europe land-based aquaculture systems market are driven by the need for sustainable and efficient production, meeting consumer demand for high-quality seafood, and adhering to stringent environmental regulations. Therefore, technological advancements in land-based aquaculture systems are bringing new trends into the Europe land-based aquaculture systems market growth.
Water-Proved GmbH, Hesy Aquaculture BV, ULTRAAQUA AS, Veolia Environnement SA, FutureFish Aquaculture GmbH, AKVA Group ASA, AquaMaof Aquaculture Technologies Ltd, GroAqua Grp, FTN AquaArt AG, and Xylem are a few Europe land-based aquaculture systems market players profiled in this market study.
Based on system type, the Europe land-based aquaculture systems market is segmented into three types: recirculating aquaculture systems, flow-through systems, and others. In 2022, the RAS segment held the largest share in the Europe land-based aquaculture systems market. It is further estimated to record the highest CAGR in the Europe land-based aquaculture systems market Recirculating aquaculture systems (RAS) have become a mainstream technology in Europe in the last two decades. It is a safe and environmentally friendly way to raise fish.
Impact of COVID-19 Pandemic on Europe Land-based Aquaculture Systems Market
The COVID pandemic has a negative impact of the Europe land-based aquaculture systems market. However, the aquaculture sector reported growth in 2021, thus enhancing the Europe land-based aquaculture systems market in 2021. The government of Europe has taken various initiatives to recover from the COVID-19 pandemic. For instance, in June 2021, European Institute for Innovation & Technology (EIT) announced the launch of seven new projects in the aquaculture sector and the addition of 18 new partners to its community, which aims to provide healthy and sustainable food systems. Thus, governments of European countries aim to ensure sustainable and resilient aquaculture production by focusing on high fish performance, nutritional quality, health, and product safety. To achieve this goal, the project develops innovative tailor-made diets for the two main aquaculture species-fish and salmon-and fine-tuning ingredients and low eco-footprint aqua feed formulations for smart, optimized, and better-performing conventional and organic aquaculture. Hence, with an increase in demand for seafood, the adoption of land-based aquaculture systems is also rising after the COVID-19 pandemic in Europe, thus positive impacting the Europe land-based aquaculture systems market growth post pandemic.
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Land-based Aquaculture Systems Market - By System Type
1.3.2 Europe Land-based Aquaculture Systems Market - By Application
1.3.3 Europe Land-based Aquaculture Systems Market- By Region
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Land-based Aquaculture Systems Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Land-based Aquaculture Systems Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Seafood
5.1.2 Increasing Availability of Funding
5.2 Market Restraints
5.2.1 High Capital Requirements
5.3 Market Opportunities
5.3.1 Emphasis on Eco-Friendly and Sustainable Technologies in Aqua Farming
5.4 Trends
5.4.1 Technological Advancements
5.5 Impact Analysis of Drivers and Restraints
6. Land-based Aquaculture Systems Market - Regional Analysis
6.1 Europe Land-based Aquaculture Systems Market Overview
6.2 Europe Land-based Aquaculture Systems Market - Revenue and Forecast to 2030 (US$ Million)
6.3 Market Positioning - Five Key Players
7. Land-based Aquaculture Systems Market Analysis - By System Type
7.1 Overview
7.2 Land-based Aquaculture Systems Market, By System Type (2022 and 2030)
7.3 Recirculating Aquaculture Systems
7.3.1 Overview
7.3.2 Recirculating Aquaculture Systems: Land-based Aquaculture Systems Market - Revenue, and Forecast to 2030 (US$ Million)
7.4 Flow Through Systems
7.4.1 Overview
7.4.2 Flow Through Systems: Land-based Aquaculture Systems Market - Revenue, and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Land-based Aquaculture Systems Market - Revenue, and Forecast to 2030 (US$ Million)
8. Land-based Aquaculture Systems Market Analysis - By Application
8.1 Overview
8.2 Land-based Aquaculture Systems Market, By Application (2022 and 2030)
8.3 Culture In Recirculating Systems
8.3.1 Overview
8.3.2 Culture In Recirculating Systems: Land-based Aquaculture Systems Market- Revenue and Forecast to 2030 (US$ Million)
8.4 Running Water Culture
8.4.1 Overview
8.4.2 Running Water Culture: Land-based Aquaculture Systems Market- Revenue and Forecast to 2030 (US$ Million)
8.5 Static Water Ponds
8.5.1 Overview
8.5.2 Static Water Ponds: Land-based Aquaculture Systems Market- Revenue and Forecast to 2030 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.2 Others: Land-based Aquaculture Systems Market- Revenue and Forecast to 2030 (US$ Million)
9. Europe Land-based Aquaculture Systems Market - Regional Analysis
9.1 Overview
9.1.1 Europe Land-based Aquaculture Systems Market, Revenue and Forecast To 2030
9.1.1.1 Scandinavia Land-based Aquaculture Systems Market, Revenue and Forecast to 2030
9.1.1.1.1 Scandinavia Land-based Aquaculture Systems Market Breakdown, By System Type
9.1.1.1.2 Scandinavia Land-based Aquaculture Systems Market Breakdown, By Application
9.1.1.2 UK Land-based Aquaculture Systems Market, Revenue and Forecast to 2030
9.1.1.2.1 UK Land-based Aquaculture Systems Market Breakdown, By System Type
9.1.1.2.2 UK Land-based Aquaculture Systems Market Breakdown, By Application
9.1.1.3 Germany Land-based Aquaculture Systems Market, Revenue and Forecast to 2030
9.1.1.3.1 Germany Land-based Aquaculture Systems Market Breakdown, By System Type
9.1.1.3.2 Germany Land-based Aquaculture Systems Market Breakdown, By Application
9.1.1.4 Poland Land-based Aquaculture Systems Market, Revenue and Forecast to 2030
9.1.1.4.1 Poland Land-based Aquaculture Systems Market Breakdown, By System Type
9.1.1.4.2 Poland Land-based Aquaculture Systems Market Breakdown, By Application
9.1.1.5 Austria Land-based Aquaculture Systems Market, Revenue and Forecast to 2030
9.1.1.5.1 Austria Land-based Aquaculture Systems Market Breakdown, By System Type
9.1.1.5.2 Austria Land-based Aquaculture Systems Market Breakdown, By Application
9.1.1.6 Benelux Land-based Aquaculture Systems Market, Revenue and Forecast to 2030
9.1.1.6.1 Benelux Land-based Aquaculture Systems Market Breakdown, By System Type
9.1.1.6.2 Benelux Land-based Aquaculture Systems Market Breakdown, By Application
9.1.1.7 Switzerland Land-based Aquaculture Systems Market, Revenue and Forecast to 2030
9.1.1.7.1 Switzerland Land-based Aquaculture Systems Market Breakdown, By System Type
9.1.1.7.2 Switzerland Land-based Aquaculture Systems Market Breakdown, By Application
9.1.1.8 Rest of Europe Land-based Aquaculture Systems Market, Revenue and Forecast to 2030
9.1.1.8.1 Rest of Europe Land-based Aquaculture Systems Market Breakdown, By System Type
9.1.1.8.2 Rest of Europe Land-based Aquaculture Systems Market Breakdown, By Application
10. Impact of COVID-19 Pandemic on Europe Land-based Aquaculture Systems Market
10.1 Overview
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
12. Company Profiles
12.1 Water - Proved GmbH
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Hesy Aquaculture BV
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 ULTRAAQUA AS
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Veolia Environnement SA
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 FutureFish Aquaculture GmbH
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 AKVA Group ASA
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 AquaMaof Aquaculture Technologies Ltd
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 FTN AquaArt AG
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.4.1 SWOT Analysis
12.8.5 Key Developments
12.9 GroAqua Grp
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Xylem Inc
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index
LIST OF TABLES
Table 1. Europe Land-based Aquaculture Systems Market - Revenue and Forecast to 2030 (US$ Million)
Table 2. Europe Land-based Aquaculture Systems Market - Volume and Forecast to 2030 (Units)
Table 3. Recirculating Aquaculture Systems: Land-based Aquaculture Systems Market - Volume, and Forecast to 2030 (Units)
Table 4. Flow Through Systems: Land-based Aquaculture Systems Market - Volume, and Forecast to 2030 (Units)
Table 5. Others: Land-based Aquaculture Systems Market - Volume, and Forecast to 2030 (Units)
Table 6. Europe Land-based Aquaculture Systems Market, Revenue and Forecast To 2030 - By Country (US$ Million)
Table 7. Scandinavia Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By System Type (US$ Million)
Table 8. Scandinavia Land-based Aquaculture Systems Market, Volume and Forecast to 2030 - By System Type (Units)
Table 9. Scandinavia Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By Application (US$ Million)
Table 10. UK Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By System Type (US$ Million)
Table 11. UK Land-based Aquaculture Systems Market, Volume and Forecast to 2030 - By System Type (Units)
Table 12. UK Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By Application (US$ Million)
Table 13. Germany Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By System Type (US$ Million)
Table 14. Germany Land-based Aquaculture Systems Market, Volume and Forecast to 2030 - By System Type (Units)
Table 15. Germany Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By Application (US$ Million)
Table 16. Poland Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By System Type (US$ Million)
Table 17. Poland Land-based Aquaculture Systems Market, Volume and Forecast to 2030 - By System Type (Units)
Table 18. Poland Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By Application (US$ Million)
Table 19. Austria Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By System Type (US$ Million)
Table 20. Austria Land-based Aquaculture Systems Market, Volume and Forecast to 2030 - By System Type (Units)
Table 21. Austria Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By Application (US$ Million)
Table 22. Benelux Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By System Type (US$ Million)
Table 23. Benelux Land-based Aquaculture Systems Market, Volume and Forecast to 2030 - By System Type (Units)
Table 24. Benelux Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By Application (US$ Million)
Table 25. Switzerland Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By System Type (US$ Million)
Table 26. Switzerland Land-based Aquaculture Systems Market, Volume and Forecast to 2030 - By System Type (Units)
Table 27. Switzerland Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By Application (US$ Million)
Table 28. Rest of Europe Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By System Type (US$ Million)
Table 29. Rest of Europe Land-based Aquaculture Systems Market, Volume and Forecast to 2030 - By System Type (Units)
Table 30. Rest of Europe Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 - By Application (US$ Million)
Table 31. List of Abbreviation
LIST OF FIGURES
Figure 1. Land-based Aquaculture Systems Market Segmentation
Figure 2. Land-based Aquaculture Systems Market Segmentation - By Geography
Figure 3. Europe Land-based Aquaculture Systems Market Overview
Figure 4. Recirculating Aquaculture Systems Segment held the Largest Share of Land-based Aquaculture Systems Market
Figure 5. Culture In Recirculating Systems Segment held the Largest Share of Land-based Aquaculture Systems Market
Figure 7. Europe: PEST Analysis
Figure 8. Expert Opinion
Figure 9. Land-based Aquaculture Systems Market Impact Analysis of Drivers and Restraints
Figure 10. Land-based Aquaculture Systems Market - Europe
Figure 11. Land-based Aquaculture Systems Market - Revenue and Forecast to 2030 (US$ Million)
Figure 12. Land-based Aquaculture Systems Market Revenue Share, By System Type (2022 and 2030)
Figure 13. Recirculating Aquaculture Systems: Land-based Aquaculture Systems Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 14. Flow Through Systems: Land-based Aquaculture Systems Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 15. Others: Land-based Aquaculture Systems Market - Revenue, and Forecast to 2030 (US$ Million)
Figure 16. Land-based Aquaculture Systems Market Revenue Share, By Application (2022 and 2030)
Figure 17. Culture In Recirculating Systems: Land-based Aquaculture Systems Market- Revenue and Forecast to 2030 (US$ Million)
Figure 18. Running Water Culture: Land-based Aquaculture Systems Market- Revenue and Forecast to 2030 (US$ Million)
Figure 19. Static Water Ponds: Land-based Aquaculture Systems Market- Revenue and Forecast to 2030 (US$ Million)
Figure 20. Others: Land-based Aquaculture Systems Market- Revenue and Forecast to 2030 (US$ Million)
Figure 21. Europe Land-based Aquaculture Systems Market Breakdown, by Country, 2022 & 2030 (%)
Figure 22. Scandinavia Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 (US$ Million)
Figure 23. UK Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 (US$ Million)
Figure 24. Germany Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 (US$ Million)
Figure 25. Poland Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 (US$ Million)
Figure 26. Austria Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 (US$ Million)
Figure 27. Benelux Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 (US$ Million)
Figure 28. Switzerland Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 (US$ Million)
Figure 29. Rest of Europe Land-based Aquaculture Systems Market, Revenue and Forecast to 2030 (US$ Million)
Figure 30. Impact of Covid-19 Pandemic on Europe Country Markets
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