Europe Land-Based Aquaculture Systems Market Forecast to 2030 – COVID-19 Impact and Regional Analysis – by System Type (Recirculating Aquaculture Systems, Flow Through Systems, and Others) and Application (Static Water Ponds, Running Water Culture, Culture In Recirculating Systems, and Others)
The Europe land-based aquaculture systems market is expected to grow from US$ 158.29 million in 2023 to US$ 380.47 million by 2030; it is estimated to register a CAGR of 13.3% from 2023 to 2030.
Market Introduction
Land-based aquaculture is an innovative approach to fish farming in a controlled environment on land. It offers several advantages over traditional open-net pen systems; these include low environmental impact, improved biosecurity, and increased production efficiency. The land-based aquaculture sector in Europe has experienced significant growth mainly due to the increasing demand for sustainable seafood, rising concerns about catfishing, and the need for food security. Land-based aquaculture systems in Europe are based on technologies such as RAS, flow-through systems (FTS), and integrated multi-trophic aquaculture. RAS is the most common technology due to its efficient water usage and ability to control water quality parameters. Land-based aquaculture systems minimize the risks associated with the interaction between farmed and wild fish populations, thereby reducing the spread of disease and the potential for genetic hybridization.
According to European Commission, aquaculture accounts for nearly 20% of fish and shellfish supply in the EU, and it directly employs ~70,000 employees. The sector comprises ~15,000 enterprises, mainly micro-enterprises or small businesses in rural and coastal areas. The main aquaculture-producing European countries in terms of volume are France, Spain, Italy, Greece, and Sweden. In April 2021, Quality Salmon Sotenäs AB and Uponor Infra Oy signed an agreement to develop a new land-based salmon farm worth US$ 2 billion outside the city of Kungshamn, in the municipality of Sotenas on Sweden's west coast. Europe land-based aquaculture systems market is segmented into Scandinavia, UK, Germany, Poland, Austria, Benelux, Switzerland and Rest of Europe. In 2022, Scandinavia held the largest share and is growing with the highest CAGR in the Europe land-based aquaculture systems market.
Aquaculture plays a major role in meeting consumer demand for seafood in the UK. According to the House of Commons, in 2021, the aquaculture sector contributed around 0.03% of the total economic output and around 5% of the broader agriculture, forestry, and fishing sector of the country. Many companies, including Aquahive are focused on using land-based systems without access to traditionally freshly produced local seafood. Some companies in the UK are using new technologies such as RAS to reduce risk and improve the profitability of aquaculture ventures. Hatcheries use technologies and business models to create environmental and social change and systems that reduce pollutants and produce biofuels alongside seafood.
In June 2019, a land-based warmwater shrimp farm was launched in Scotland to supply products from tank to plate within 24 hours. The farm uses energy from an anaerobic digestor on a nearby dairy farm, especially to produce warm, freshwater king prawns with low food miles and minimal environmental impact. Further, in February 2021, Ocean On Land Technology announced that its Aquahive and hatchery products would be used in Norway's red claw crayfish trial. The company's Aquahive system, as well as RAS technology, will be used in the trial. Thus, such instances show the increasing demand for technologies in the aquaculture system in the UK, which is fueling the land-based aquaculture system market growth in the country. Thus, the Europe land-based aquaculture systems market is growing significantly.
Key Market Segments
The Europe land-based aquaculture systems market is segmented on the basis of type and application. Based on application, the Europe land-based aquaculture systems market is segmented into static water ponds, running water culture, culture in recirculating systems, and others. In 2022, the culture in the recirculating system 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. Culture in recirculating systems involves man-made structures such as artificial tanks and basins where water is recycled and reused after mechanical and biological filtration, and suspended matter and metabolite removal. It is an intensive high-density fish culture, contrasting other aquaculture production systems. Instead of the traditional method of growing fish outdoors in open ponds and raceways, in this system, fish are typically reared in indoor or outdoor tanks in a controlled environment. Several advantages of culture in recirculating systems include the extended durability of tanks and equipment; reduction of risks associated with climatic factors, disease, and parasite impacts; ability to support the production of a broad range of species irrespective of temperature requirements; and secure production of non-endemic species
Major Sources and Companies Listed
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 some of the key Europe land-based aquaculture systems market players. Various other companies are also introducing new technologies and offerings, helping the Europe land-based aquaculture systems market players to expand their business in terms of revenue.
Reasons to Buy Report
- To understand the Europe land-based aquaculture systems market landscape and identify market segments that are most likely to guarantee a strong return.
- To stay ahead of the race by comprehending the ever-changing competitive landscape for the Europe land-based aquaculture systems market.
- To efficiently plan M&A and partnership deals in the Europe land-based aquaculture systems market analysis by identifying market segments with the most promising probable sales.
- To make knowledgeable business decisions from the perceptive and comprehensive analysis of the market performance of various Europe land-based aquaculture systems market segments.
- To obtain revenue forecast for the Europe land-based aquaculture systems market by various segments from 2023 to 2030 in US$.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Europe Land-based Aquaculture Systems Market – By System Type
1.3.2 Europe Land-based Aquaculture Systems Market – By Application
1.3.3 Europe Land-based Aquaculture Systems Market- By Region
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Land-based Aquaculture Systems Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Land-based Aquaculture Systems Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Demand for Seafood
5.1.2 Increasing Availability of Funding
5.2 Market Restraints
5.2.1 High Capital Requirements
5.3 Market Opportunities
5.3.1 Emphasis on Eco-Friendly and Sustainable Technologies in Aqua Farming
5.4 Trends
5.4.1 Technological Advancements
5.5 Impact Analysis of Drivers and Restraints
6. Land-based Aquaculture Systems Market – Regional Analysis
6.1 Europe Land-based Aquaculture Systems Market Overview
6.2 Europe Land-based Aquaculture Systems Market – Revenue and Forecast to 2030 (US$ 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
- Water - Proved GmbH
- Hesy Aquaculture BV
- ULTRAAQUA AS
- Veolia Environnement SA
- FutureFish Aquaculture GmbH
- AKVA Group ASA
- AquaMaof Aquaculture Technologies Ltd
- FTN AquaArt AG
- GroAqua Grp
- Xylem Inc
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