Aquaculture Water Treatment Systems Market and Recirculating Aquaculture Systems (RAS) Market Trends and Taxonomy

 The aquaculture water treatment systems market and recirculating aquaculture systems market  (RAS) was valued at US$ 8,320.0 million in 2017 and is expected to grow at a CAGR of 15.3% over the forecast period, reaching US$ 32,165.8 million by 2027.A recirculating aquaculture system (RAS) is a fish farming technique in which processed water is repeatedly reconditioned and reused. Solids removal, ammonia removal, CO2 removal, and oxygenation are all processes in a recirculating aquaculture system (RAS).



Market Trends

In locations where water is scarce and land is too expensive for fish farming, there is a growing need for recirculating aquaculture systems. When compared to open net-pen aquaculture, RAS systems take up less space and use less water, which is projected to drive up demand for RAS systems in these areas.


To extend their regional presence, prominent companies in the industry are relying on techniques such as collaboration. For example, AquaOptima partnered with Vikan Settefisk, a tuna producer, in October 2018 to establish a new recirculating aquaculture system (RAS) smolt factory in Trondheim, Norway. NaturalShrimp, Inc., an aquaculture company, teamed up with barramundi producer Hanilu Farm in September 2019 to boost the rate of growth of indoor barramundi aquaculture operations.


However, one of the key problems limiting market growth is the high initial expenses of establishing or implementing a recirculating aquaculture system (RAS).When compared to open-water net pen systems, a recirculating aquaculture system demands a significant financial investment. Furthermore, according to the Conservation Fund, in 2015, constructing two production sites for open-water net pen systems cost roughly US$ 12.3 million, while constructing one production recirculating aquaculture system (RAS) cost around US$ 32 million.

Market Taxonomy
Type, application, and region are used to segment the global aquaculture water treatment systems and recirculating aquaculture systems (RAS) markets. The market is divided into recirculating aquaculture systems (RAS), disc filtration systems, ultraviolet light disinfection systems, and water analytics instruments based on type..The market is divided into freshwater and seawater segments based on application. Carps, barbels, and other cyprinids, assorted freshwater fishes, clams, cockles, arkshells, oysters, tilapias & other cichlids, shrimps, prawns, salmon, trout, smelts, freshwater crustaceans, scallops, pectens, and others are among the freshwater and ocean species classified.The market is divided into five regions: North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

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