Recirculating Aquaculture Systems (RAS) Farmed Salmon Market size was valued at USD 1.25 Billion in 2024 and is projected to reach USD 2.85 Billion by 2033, exhibiting a CAGR of 9.8% from 2026 to 2033.
South Korea's seafood industry is undergoing a transformative shift with the introduction of Recirculating Aquaculture Systems (RAS) for salmon farming. The inauguration of the Busan Smart Aquaculture Cluster marks a significant milestone, positioning the nation at the forefront of sustainable aquaculture practices.
Key Highlights:
Domestic Production: The Busan facility is set to produce up to 500 metric tons of Atlantic salmon annually, reducing reliance on imports and enhancing food security.
Environmental Stewardship: Utilizing RAS technology, the farm recycles up to 99% of its water, minimizing environmental impact and conserving resources.
Government and Private Collaboration: The project is a result of a synergistic partnership between GS Engineering & Construction and government bodies, reflecting a unified commitment to sustainable development.
Industry Requirements and Market Dynamics:
Technological Integration: The adoption of advanced monitoring systems ensures optimal growth conditions, aligning with industry standards for quality and efficiency.
Workforce Development: The emergence of RAS facilities necessitates specialized training programs to equip personnel with the skills required for modern aquaculture operations.
Regulatory Framework: Establishing comprehensive guidelines is essential to maintain biosecurity and product quality, fostering consumer trust and market stability.
Personal Insights: Engaging with industry professionals and observing the operational intricacies of the Busan facility has provided a profound understanding of the meticulous planning and innovation driving South Korea's aquaculture sector. The commitment to environmental sustainability and technological advancement is evident in every aspect of the operation.
Future Outlook: The successful implementation of RAS technology in Busan serves as a blueprint for similar initiatives across the nation. As the industry evolves, continuous investment in research, infrastructure, and human capital will be pivotal in sustaining growth and meeting the increasing demand for responsibly farmed salmon.
Get an In-Depth Research Analysis of the South Korea Recirculating Aquaculture Systems (RAS) Farmed Salmon Market Size And Forecast [2025-2032]
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Danish Salmon
Kuterra Limited
Atlantic Sapphire
Nordic Aquafarms
Andfjord Salmon
Pure Salmon
Samherji fiskeldi ltd
Swiss Lachs
Sustainable Blue
Aquabounty
West Creek Aquaculture
Cape Nordic Corporation
Jurassic Salmon
Superior Fresh
Matorka
Shandong Ocean Oriental Sci-Tech
Fish Farm UAE
Cape d'Or
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Recirculating Aquaculture Systems (RAS) Farmed Salmon Market
Fresh Salmon
Frozen Salmon
Smoked Salmon
Value-Added Salmon Products
Supermarkets/Hypermarkets
Online Retailers
Specialty Stores
Food Service Providers
Household Consumers
Restaurants
Food Processing Industries
Institutional Buyers (Schools, Hospitals, etc.)
Land-Based RAS Facilities
Integrated Multi-Trophic Aquaculture (IMTA)
Recirculating Aquaculture Systems (Single Species)
Hybrid Systems
Bulk Packaging
Retail Packaging
Vacuum-Sealed Packaging
Eco-Friendly Packaging
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
For More Information or Query, Visit @ South Korea Recirculating Aquaculture Systems (RAS) Farmed Salmon Market Research Analysis
1. Introduction of the South Korea Recirculating Aquaculture Systems (RAS) Farmed Salmon Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Recirculating Aquaculture Systems (RAS) Farmed Salmon Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Recirculating Aquaculture Systems (RAS) Farmed Salmon Market, By Type
6. South Korea Recirculating Aquaculture Systems (RAS) Farmed Salmon Market, By Application
7. South Korea Recirculating Aquaculture Systems (RAS) Farmed Salmon Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Recirculating Aquaculture Systems (RAS) Farmed Salmon Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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