Regional Framework
The Asia Pacific region held the largest market share in the global aquaculture market. The
production and consumption rate of seafood is expanding rapidly with China and India being
the major markets for the aquaculture industry. The Asia Pacific has evolved as the largest
consumers and exporter of aquaculture products. Fisheries and aquaculture production highly
contributor to national economies across the Asia-Pacific region over the past few years. The
Asia Pacific market is characterized by the presence of players such as Bakkafrost, Cermaq
Group AS, Farallon Aquaculture Group, Lerøy, Mowi ASA, Stolt-Nielsen Limited, and Tassal
Group, among others.