Aquaculture Business

Enterprises in the business of smart aquaculture, land-based aquaculture, aquaponics, low fishmeal feed

The global food situation has become unstable due to the growing worldwide population. While consumption of marine products per capita is decreasing in Japan, it has doubled worldwide in the last fifty years.
The number of large-scale aquaculture facilities producing salmon and trout is growing in Japan. Overall, Japan depends on import for fishmeal, the main ingredient of mixed feed for fish, but the price of imports has been soaring due to increased global demand. In such a situation, smart aquaculture using IoT to increase efficiency, land-based aquaculture using a closed-loop system, and low-fishmeal feed with a smaller fishmeal ratio, are attracting attention. This report also discuss the development trends and direction of breeding technology that utilizes genome editing.
By researching and analyzing the market players in smart aquaculture, land-based aquaculture, low-fishmeal feed, and seeds and seedlings, the report discloses the market statuses and challenges, while exploring future directions.

I   Trend of Fishery and Aquaculture/Fish Farming in Japan

1. General Conditions of Fisheries and Aquaculture in Japan
2. General Conditions of Fisheries and Sea Water Culture in Japan
3. Trend of Global Marine/Aquaculture
4. Transition of Domestic Marine Products Consumed in Volume, and Prices
5. Import Status of Salmons and Trout
6. Initiatives for Expanding Fishery Product Exports in Japan
7. Efforts to Achieve the Targets for "Strategy for Sustainable Food Systems, MIDORI"

II   Trend of Aquaculture Business

1. "Comprehensive Strategy to Develop Aquaculture as a Growth Industry" by MAFF Promoting Market-Oriented Aquaculture
   1) Background/Situation surrounding fisheries, domestic and global
   2) Key points of "Comprehensive Strategy to Develop Aquaculture as a Growth Industry
2. General Conditions of Ocean Cage Culture
   1) Operation status and cost structure of aquaculture of buri (Japanese amberjack)
   2) Operation status and cost structure of aquaculture of Madai (red sea bream)
   3) Summary
3. Advanced Overseas Aquaculture Business
   1) Norway
   2) Chile
   3) Global production volume of salmon and trout
4. Aquaculture Initiatives in Japan
   1) Aquaculture business by leading fishery companies
   2) Aquaculture business by leading trading companies
   3) Domestic salmon business initiatives
   4) Aqua cultured marine products offered in EXPO2025 Osaka, Kansai, Japan
5. Future Direction of Aquaculture Business in Japan
6. Trend of Artificial Seedling Cultivation System
   1) Overview of Artificial Seedling Cultivation Systems or Status of Full-Life Cycle Farming Attempts in Japan
   2) Buri (Japanese amberjack)
   3) Kuromaguro (bluefin tuna)
   4) Eel
   5) Other marine products
   6) Trend of genome editing technology

III    Next-Generation Aquaculture/ Technologies

1. Smart Aquaculture
   1) What is "smart aquaculture"?
   2) Background of how smart aquaculture has been demanded
   3) Initiatives to socially implement smart aquaculture by the Fisheries Agency
   4) Attempts at enterprises developing smart aquaculture
   5) Challenges/problems in smart aquaculture
   6) Future directions of smart aquaculture (automatic feeding system, fish body measuring system, shifting to offshore culture, local-community-wide attempt)
   7) Smart aquaculture market size transition (FY2024 - FY2029 (forecast))
2. Land-based Aquaculture
   1) Forms/Styles of land-based aquaculture
   2) History of land-based aquaculture
   3) Land-based aquaculture registration system (commenced in April 2023 by the Fisheries Agency)
   4) Research on businesses developing land-based aquaculture
   5) Forecast of land-based aqua cultured marine products market size (FY2024-FY2029 (forecast))
   6) Trend of land-based aquaculture overseas
   7) Advantages/Disadvantages of land-based aquaculture
   8) Major attempts by leading companies developing land-based aquaculture
   9) Promising fish species that land-based aquaculture can be applied to
   10) Trend of market players
   11) Challenges and problems in land-based aquaculture
   12) Future direction of land-based aquaculture
   13) Land-based aquaculture plant market size transition (FY2024 - FY2029 (forecast))
3. Aquaponics
   1) What is aquaponics?
   2) Aquatic products or plants that can be produced by aquaponics
   3) Current status of aquaponics in Japan
   4) Efforts by major companies on aquaponics
   5) Overseas aquaponics cases
   6) Views on aquaponics by aquaculture entrants
   7) Challenges and problems in aquaponics
   8) Business trial balance for aquaponics
   9) Aquaponics market size transition (FY2024 - FY2029 (forecast))
4. Low Fishmeal Feed
   1) Feed types for cultured fish
   2) Fishmeal production volume transition (2018 - 2024)
5. 3) Raw material amount for production of fishmeal
   4) Trend of fishmeal in Japan
   5) Trend of fishmeal in South America (Peru, Chile)
   6) Global trend of supply and demand of fishmeal feed
   7) Promotion of fishmeal alternatives and low fishmeal feed in the "Strategy for Sustainable Food Systems, MIDORI" by MAFF
   8) Utilization of domestically produced fishmeal and challenges of feeds to be ASC certified
   9) Attempts by leading manufacturers producing low fishmeal feed
   10) Trends in fishmeal substitute feed ingredients
   11) Low fishmeal feed market size transition (FY2024 - FY2029 (forecast))
   12) Insect-protein fishmeal feed market size transition (FY2024 - FY2029 (forecast))

IV Questionnaire Results for Certified Marine Products and Land-Based Aquaculture

1. Questionnaire Outline
2. MSC/ASC/MEL Certified Marine Product (Awareness, Purchase Status, Purchase Intention, Reason for Purchase)
3. Impression of and Selection Status between Natural Seafood and Aqua Cultured Seafood (Price/Quality, Selection Status, Feed for Natural and Aqua Cultured Seafood)
4. Land-Based Aquaculture (Awareness, Purchase Status, Impression, Conditions when Purchase, Price Range)

V    Company Profiles

32 enterprises/organizations