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Rising consumer awareness of the health benefits of fish and piscine products is one of the primary factors driving the growth of the aquaculture market. Moreover, growing poly-culture farm practices such as rice and fish are expected to open new avenues for the aquaculture market. However, aquaculture production is susceptible to unfavorable climatic conditions that can lead to aquatic diseases.

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Globally, the aquaculture market is segmented into culture environment, products and geographical regions. On the basis of culture environment, the market is classified into fresh water, brackish water and marine water; of the environment segments, fresh water accounted for a 60% share of the aquaculture market in 2012.

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The products segmentation of the aquaculture market comprises trout, mollusks, carps, sea bass, sea bream, salmon, mackerel, milkfish, crustaceans and others (catfish and turbot). Of all the aquatic species cultivated in the aquaculture market, carps dominated the market, accounting for 35% of the total production in 2012 owing to its higher sustainability in unfavorable climatic conditions.

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Geographically, the aquaculture production market is segmented into North America, Asia Pacific (excluding China), Rest of the World (RoW), and China. China accounted for a massive 60% share of global aquaculture production in 2012. Some of the major players in the market are Blue Ridge Aquaculture, Cermaq ASA and Tassal Group Ltd.

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