What is the global market size of Carp Market?

Global Carp Market size was valued at USD 98.6 billion in 2021 and is poised to grow from USD 103.3 billion in 2022 to USD 158.6 billion by 2030, growing at a CAGR of 6% in the forecast period (2023-2030).

Carp Market Size, Share, Growth Analysis, By Type(Fish Meal and Fish Oil), By Distribution Channel(Offline retail and Online retail), By Region - Industry Forecast 2024-2031

Q: Who are the key vendors in the Global Carp Market?

The global carp market is moderately fragmented with the presence of several regional and international players. The market is highly dependent on the demand and supply dynamics, pricing strategies, and technological advancements in aquaculture. Key players are focusing on expanding their production capacities, entering into strategic collaborations, and developing new product portfolios to increase their market share. The market is also witnessing the entry of new players, which is expected to intensify the competition further in the coming years. 'Beijing Yantai Carp Valley Food (China)', 'Jiangsu Hualong Agriculture (China)', 'Liuhe (China)', 'Hangzhou Qiandaohu Xunlong Sci-tech (China)', 'Shandong Oriental Ocean Sci-tech (China)', 'Wenzhou Qingyu Machinery (China)', 'Jiangsu Jinzai Aquatic Products (China)', 'Zhejiang Zhongda Agriculture (China)', 'Green Hill Fisheries (India)', 'JBL (Germany)', 'Tetra (Germany)', 'Okiko (Japan)', 'Dainichi (Japan)', 'Eheim (Germany)', 'Philips Lighting (Netherlands)', 'Aquael (Poland)', 'Hikari (Japan)', 'Ocean Nutrition (Canada)', 'Aquatop Aquatic Supplies (US)', 'Sera (Germany)'

Q: What is the key market trend for Global Carp Market?

One key market trend in the global carp market is the increasing adoption of sustainable and responsible aquaculture practices. With growing concerns about the environmental impact of fish farming, there is a rising demand for carp produced using sustainable and environmentally-friendly methods. As a result, many producers are implementing practices such as minimizing waste and pollution, using organic feed, and improving water management techniques. Consumers are also becoming more aware of the importance of sustainability in their purchasing decisions, which is driving the demand for responsibly-farmed carp.

Q: Which region accounted for the largest share in Global Carp Market?

The Asia Pacific region dominated the global carp market. This can be attributed to the high consumption of carp in countries such as China, India, and Indonesia, where there is a growing demand for protein-rich seafood products due to increasing disposable incomes and a trend towards healthier lifestyles. This has led to an increase in the production of carp products in these countries.

Report ID: SQMIG30I2122 | Region: Global | Published Date: April, 2024
Pages: 198 | Tables: 59 | Figures: 75

Carp Market Dynamics

Drivers

Growing demand for seafood and protein-rich diets

One of the major drivers of the global carp market is the growing demand for seafood and protein-rich diets. Carp are a relatively inexpensive and widely available source of protein, making them a popular choice among consumers. Additionally, carp can be farmed in various environments and are known for their hardiness and adaptability, making them an attractive option for aquaculture. As the global population continues to grow, the demand for protein-rich diets is expected to increase, driving the growth of the carp market.

Restraints

Negative impact of carp on aquatic ecosystems

One of the major restraints of the global carp market is the negative impact of carp on aquatic ecosystems in some regions. Carp are known to be invasive species and can cause significant harm to native fish populations and their habitats. This has led to concerns regarding the introduction of carp into new areas and regulations regarding the transportation and sale of carp. Additionally, some consumers are hesitant to eat carp due to their reputation as "bottom feeders," which may affect the demand for carp in certain markets.

Carp Market Report Snapshots

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FAQs

Carp Market size was valued at USD 104.17 billion in 2022 and is poised to grow from USD 110.0 billion in 2023 to USD 170.11 billion by 2031, growing at a CAGR of 5.6% in the forecast period (2024-2031).

The carp market is moderately fragmented with the presence of several regional and international players. The market is highly dependent on the demand and supply dynamics, pricing strategies, and technological advancements in aquaculture. Key players are focusing on expanding their production capacities, entering into strategic collaborations, and developing new product portfolios to increase their market share. The market is also witnessing the entry of new players, which is expected to intensify the competition further in the coming years. 'Beijing Yantai Carp Valley Food (China)', 'Jiangsu Hualong Agriculture (China)', 'Liuhe (China)', 'Hangzhou Qiandaohu Xunlong Sci-tech (China)', 'Shandong Oriental Ocean Sci-tech (China)', 'Wenzhou Qingyu Machinery (China)', 'Jiangsu Jinzai Aquatic Products (China)', 'Zhejiang Zhongda Agriculture (China)', 'Green Hill Fisheries (India)', 'JBL (Germany)', 'Tetra (Germany)', 'Okiko (Japan)', 'Dainichi (Japan)', 'Eheim (Germany)', 'Philips Lighting (Netherlands)', 'Aquael (Poland)', 'Hikari (Japan)', 'Ocean Nutrition (Canada)', 'Aquatop Aquatic Supplies (US)', 'Sera (Germany)'

One of the major drivers of the carp market is the growing demand for seafood and protein-rich diets. Carp are a relatively inexpensive and widely available source of protein, making them a popular choice among consumers. Additionally, carp can be farmed in various environments and are known for their hardiness and adaptability, making them an attractive option for aquaculture. As the population continues to grow, the demand for protein-rich diets is expected to increase, driving the growth of the carp market.

One key market trend in the carp market is the increasing adoption of sustainable and responsible aquaculture practices. With growing concerns about the environmental impact of fish farming, there is a rising demand for carp produced using sustainable and environmentally-friendly methods. As a result, many producers are implementing practices such as minimizing waste and pollution, using organic feed, and improving water management techniques. Consumers are also becoming more aware of the importance of sustainability in their purchasing decisions, which is driving the demand for responsibly-farmed carp.

The Asia Pacific region dominated the carp market. This can be attributed to the high consumption of carp in countries such as China, India, and Indonesia, where there is a growing demand for protein-rich seafood products due to increasing disposable incomes and a trend towards healthier lifestyles. This has led to an increase in the production of carp products in these countries.

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Carp Market Size, Share, Growth Analysis, By Type(Fish Meal and Fish Oil), By Distribution Channel(Offline retail and Online retail), By Region - Industry Forecast 2024-2031

Carp Market Dynamics

Carp Market Report Snapshots

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FAQs

What is the market size of Carp Market?

Who are the key vendors in the Carp Market?

What is the key driver of Carp Market?

What is the key market trend for Carp Market?

Which region accounted for the largest share in Carp Market?

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