19-Feb-2020 | Zion Market Research
Zion Market Research has published a new report titled “Global Aquaculture Healthcare Market –By Product (Vaccines, Drug, and Medicated Feed Additives), By Infection (Fungal Infections, Viral Infections, Bacterial Infections, and Parasitic Infections), By Route Of Administration (Injectable, Oral, and Topical), By Species (Crustaceans and Fishes), By Distribution Channel (Retail/aqua stores, Online Stores, Distributors, and Others), And By Region: Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019 – 2025.” According to the report, global aquaculture healthcare market valuation surpassed USD 700 Million in 2019 and is expected to bolstering at a rate of nearly 6% between 2019 and 2025.
Browse the full “Global Aquaculture Healthcare Market – By Product (Vaccines, Drug, and Medicated Feed Additives), By Infection (Fungal Infections, Viral Infections, Bacterial Infections, and Parasitic Infections), By Route Of Administration (Injectable, Oral, and Topical), By Species (Crustaceans and Fishes), By Distribution Channel (Retail/aqua stores, Online Stores, Distributors, and Others), and By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025.” Report at https://www.zionmarketresearch.com/report/aquaculture-healthcare-market
Fish is considered a good source of micronutrients and proteins. Therefore, many people consume it as food worldwide. Food and Agriculture Organization (FAO) reported that the per capita consumption of fish reached 20 kg in 2016 and the consumption rate is escalating with time. Owing to the rising demand for quality fish, the fishing activities have been substantially increased, which led to the wild fisheries depletion. This, in turn, is pushing the need for aquaculture healthcare products, thereby propelling the global aquaculture healthcare market.
The aquaculture healthcare industry provides strong support in managing an aquaculture business. In the Asia Pacific region, the crustacean segment is dominating owing to the high production rate by the Asian countries. To sustain the extensive crustacean business in the region, there seems to be a significant demand for therapeutic products for crustaceans to combat the growing incidence of various life-threatening diseases. Thus, expansion in aquaculture business boosts the aquaculture healthcare market.
Medication to cure viral infections will witness huge demand in the coming years
Based on the infections, the aquaculture healthcare market is bifurcated into bacterial, fungal, parasitic, and viral. Among all, the viral infections category is likely to flourish the aquaculture healthcare market as such infections could pose a huge risk to marine life. Some of the prominent viral species infecting marine life are betanodavirus, aquabirnavirus, and salmon anemia virus.
European aquaculture healthcare market is projected to escalate splendidly during the forecast period
In 2019, the European aquaculture healthcare market generated revenue of over USD 300 million. Owing to the surging demand for superior fish protein and the considerable expansion of the regional salmon aquaculture market, there is a huge need for aquaculture healthcare solutions.
Some of the key players driving the global aquaculture healthcare market are DuPont, Benchmark PLC, Elanco, Vetoquinol, Archer Daniels Midland Corporation, Zoetis, and Ceva Sante.
The global aquaculture healthcare market is segmented as:
Global Aquaculture Healthcare Market: Product Segmentation Analysis
Global Aquaculture Healthcare Market: Infection Segmentation Analysis
Global Aquaculture Healthcare Market: Route Of Administration Segmentation Analysis
Global Aquaculture Healthcare Market: Species Segmentation Analysis
Global Aquaculture Healthcare Market: Distribution Channel Segmentation Analysis
Global Aquaculture Healthcare Market: Regional Segmentation Analysis
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