Product Code: ETC385468 | Publication Date: Aug 2022 | Updated Date: Feb 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Indonesia`s aquaculture industry has experienced significant growth in recent years, driven by increasing seafood consumption domestically and internationally. The country is a major producer of shrimp, fish, and other aquatic products. The industry faces challenges related to environmental sustainability and disease management, but technological advancements and improved farming practices are helping address these issues. The outlook for Indonesia`s aquaculture market is positive, with continued growth expected, especially in exports to countries in the Asia-Pacific region.
The Indonesia Aquaculture market is driven by several key drivers. Firstly, the country`s vast archipelago and abundant water resources provide a conducive environment for aquaculture activities. The rising global demand for seafood has led to increased production of fish, shrimp, and other aquatic species. Secondly, government policies and investments in aquaculture infrastructure and technology have supported industry growth. Additionally, the shift towards more sustainable and responsible aquaculture practices, including the use of improved feeds and disease management, has contributed to the market`s expansion.
The aquaculture market in Indonesia faces challenges related to environmental sustainability and disease management. Overfishing and habitat destruction can harm wild fish populations and ecosystems. Disease outbreaks in aquaculture farms can lead to significant economic losses. Ensuring responsible and sustainable practices while meeting the growing demand for seafood is a constant challenge. Furthermore, competition from imported seafood products can impact the market share of domestic aquaculture.
The Aquaculture market in Indonesia, which is a significant contributor to the country`s food production, faced challenges in maintaining production levels during the pandemic. Disruptions in the supply chain and labor shortages affected the sector. However, as the economy stabilizes and food security remains a priority, the aquaculture market is expected to rebound.
The Indonesia aquaculture market continues to grow steadily, driven by increasing demand for seafood domestically and internationally. Key players in this sector include PT Charoen Pokphand Indonesia Tbk, PT Japfa Comfeed Indonesia Tbk, and PT Dharma Samudera Fishing Industries Tbk. These companies are investing in modern aquaculture techniques and sustainable practices to meet the rising demand for fish and shrimp products.