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Chile Aquaculture Market

Chile Aquaculture Market Size, Share, Trends, Forecast: By Environment: Marine water, Fresh water, Brackish water; By Fish Type: Carps, Mollusks, Crustaceans, Mackerel, Sea bream, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

Chile Aquaculture Market Size

The Chile aquaculture market is projected to grow at a CAGR of 4.60% between 2024 and 2032.

 

Chile Aquaculture Market Outlook

  • The Chilean Salmon Council, a trade association of salmon producers, announced that it has established an agreement with Monterey Bay Aquarium for a 50 per cent reduction of antibiotics usage by 2025, to promote sustainability.
  • As per the industry reports, Chile was the second-largest producer of mussels in 2021.
  • Innovasea, an innovative provider of aquatic solutions, announced in April 2024 that it aims to offer land-based aquaculture services to the Chilean aquaculture sector.

 

Chile Aquaculture Market Growth

The rising demand for aquaculture food products due to their high nutritional value, promotion of polyculture, and the implementation of organic farming practices are some of the crucial market drivers. Polyculture involves the growth of multiple aquafarming species in the same environment, which can promote a balanced ecosystem.

 

Moreover, a large number of consumers in the country are willing to pay more price for sustainably sourced seafood which has led the market players to implement sustainable practices and mitigate or eliminate the usage of synthetic pesticides and other harmful chemicals in aqua-farming.

 

Open aquaculture practices are gaining prominence in the market as they can address the concerns regarding fish health and promote the growth of disease-free fish, hereby eradicating the risk of contamination and disease among consumers. Moreover, there is the growth of digital platforms that offer a one-stop solution to aqua farmers for the profitable marketing of their products.

 

Chile Aquaculture Market

 

Chile Aquaculture Industry Segmentation

“Chile Aquaculture Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

 

Market Breakup by Environment

  • Marine Water
  • Fresh Water
  • Brackish Water

 

Market Breakup by Fish Type

  • Carps
  • Mollusks
  • Crustaceans
  • Mackerel
  • Sea Bream
  • Others

 

Chile Aquaculture Market Share

Based on the environment, the market is divided into marine water, fresh water, and brackish water. The freshwater segment is expected to gain significant growth in the market as several market participants are using freshwater bodies for the production of fish which allows them to stock up on the fish in their aquariums. Due to their widespread appeal and versatility, the particular species of freshwater fish found in carp, catfish, and tilapia are regarded as some of the most desirable. These fish are among the most popular options for aquaculture because of their rapid growth rates, ease of raising, and capacity to flourish in a variety of environmental settings.

 

Leading Companies in the Chile Aquaculture Market

The market players are implementing organic aqua farming methods amid rising environmental concerns.

 

  • Blumar Seafoods
  • Australis Seafoods
  • Camanchaca S.A.
  • Santa Monica Seafood Company
  • AquaChile
  • Mowi ASA
  • Others

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Environment
  • Fish Type
Breakup by Environment
  • Marine Water
  • Fresh Water
  • Brackish Water
Breakup by Fish Type
  • Carps
  • Mollusks
  • Crustaceans
  • Mackerel
  • Sea Bream
  • Others
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Blumar Seafoods
  • Australis Seafoods
  • Camanchaca S.A.
  • Santa Monica Seafood Company
  • AquaChile
  • Mowi ASA
  • Others

 

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Market Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
7    Opportunities and Challenges in the Market
8    Latin America Aquaculture Market Overview

    8.1    Key Industry Highlights
    8.2    Latin America Aquaculture Historical Market (2018-2023) 
    8.3    Latin America Aquaculture Market Forecast (2024-2032)
    8.4    Latin America Aquaculture Market Share by Country
        8.4.1    Brazil
        8.4.2    Mexico 
        8.4.3    Argentina
        8.4.4    Chile
        8.4.5    Others
9    Chile Aquaculture Market Overview
    9.1    Key Industry Highlights
    9.2    Chile Aquaculture Historical Market (2018-2023) 
    9.3    Chile Aquaculture Market Forecast (2024-2032)
10    Chile Aquaculture Market by Environment
    10.1    Marine Water
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    Fresh Water 
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    Brackish Water
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
11    Chile Aquaculture Market by Fish Type
    11.1    Carps
        11.1.1    Historical Trend (2018-2023)
        11.1.2    Forecast Trend (2024-2032)
    11.2    Mollusks
        11.2.1    Historical Trend (2018-2023)
        11.2.2    Forecast Trend (2024-2032)
    11.3    Crustaceans
        11.3.1    Historical Trend (2018-2023)
        11.3.2    Forecast Trend (2024-2032)
    11.4    Mackerel
        11.4.1    Historical Trend (2018-2023)
        11.4.2    Forecast Trend (2024-2032)
    11.5    Sea Bream
        11.5.1    Historical Trend (2018-2023)
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Market Dynamics
    12.1    SWOT Analysis
        12.1.1    Strengths
        12.1.2    Weaknesses
        12.1.3    Opportunities
        12.1.4    Threats
    12.2    Porter’s Five Forces Analysis
        12.2.1    Supplier’s Power
        12.2.2    Buyers Powers 
        12.2.3    Threat of New Entrants
        12.2.4    Degree of Rivalry
        12.2.5    Threat of Substitutes
    12.3    Key Indicators for Demand
    12.4    Key Indicators for Price
13    Competitive Landscape
    13.1    Market Structure
    13.2    Company Profiles
        13.2.1    Blumar Seafoods 
            13.2.1.1    Company Overview
            13.2.1.2    Product Portfolio
            13.2.1.3    Demographic Reach and Achievements
            13.2.1.4    Certifications
        13.2.2    Australis Seafoods 
            13.2.2.1    Company Overview
            13.2.2.2    Product Portfolio
            13.2.2.3    Demographic Reach and Achievements
            13.2.2.4    Certifications
        13.2.3    Camanchaca S.A. 
            13.2.3.1    Company Overview
            13.2.3.2    Product Portfolio
            13.2.3.3    Demographic Reach and Achievements
            13.2.3.4    Certifications
        13.2.4    Santa Monica Seafood Company 
            13.2.4.1    Company Overview
            13.2.4.2    Product Portfolio
            13.2.4.3    Demographic Reach and Achievements
            13.2.4.4    Certifications
        13.2.5    AquaChile 
            13.2.5.1    Company Overview
            13.2.5.2    Product Portfolio
            13.2.5.3    Demographic Reach and Achievements
            13.2.5.4    Certifications
        13.2.6    Mowi ASA 
            13.2.6.1    Company Overview
            13.2.6.2    Product Portfolio
            13.2.6.3    Demographic Reach and Achievements
            13.2.6.4    Certifications
        13.2.7    Others
14    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Latin America Aquaculture Market: Key Industry Highlights, 2018 and 2032 
2.    Chile Aquaculture Market: Key Industry Highlights, 2018 and 2032 
3.    Chile Aquaculture Historical Market: Breakup by Environment (USD Million), 2018-2023
4.    Chile Aquaculture Market Forecast: Breakup by Environment (USD Million), 2024-2032
5.    Chile Aquaculture Historical Market: Breakup by Fish Type (USD Million), 2018-2023 
6.    Chile Aquaculture Market Forecast: Breakup by Fish Type (USD Million), 2024-2032
7.    Chile Aquaculture Market Structure

Key Questions Answered in the Report

The market is estimated to grow at a CAGR of 4.60% between 2024 and 2032.

The market is being driven due to rising demand for aquaculture food products due to their high nutritional value, promotion of polyculture, and the implementation of organic farming practices.

The key trends aiding the market include rising demand for sustainably sourced seafood, prominence of open aquaculture practices, and growth of digital aqua-farming platforms.

Based on environment, market segmentations include marine water, fresh water, and brackish water, among others.

Different fish types are carps, mollusks, crustaceans, mackerel, and sea bream, among others.

The major players in the market are Blumar Seafoods, Australis Seafoods, Camanchaca S.A., Santa Monica Seafood Company, AquaChile, and Mowi ASA, among others.

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