Aquatic products demand is growing.
A new survey by The Aquarium Research Institute shows that demand for aquarium products has been increasing steadily since 2014.
In 2019, demand for aquatic products grew by 5.6% over the previous year.
Demand for aquarium-made foods has also been rising, rising 6.5% from 2018.
Aquatic product demand is up 14% over last year.
Demand for aquariums has grown in recent years due to rising interest in aquaculture and a desire for environmentally friendly alternatives to traditional aquacultures.
Aquarium products account for about 9% of the food consumed in the U.S. and have grown steadily in popularity since 2014, according to the National Aquarium Supply Chain Survey.
“Demand for aquacultural-grown food is on the rise as people look for ways to reduce their environmental impact, reduce food waste and conserve water,” said Stephanie Zimbalist, research director of the Aquarium Institute and author of Aquatic Food Demand.
“Demand for aquatic food has grown from 8.5 million pounds in 2019 to nearly 20 million pounds last year, which is almost double the amount in 2014.
Demand is up over 50% in 20 years, and aquacourists are not done yet.”
Aquatic foods have a wide variety of uses, from food coloring to cosmetics and household products.
The survey indicates that demand in 2018 was highest in freshwater aquariums and fished and recreational fish tanks, followed by saltwater aquariums, saltwater tank systems, aquacolders, and freshwater aquacircuits.
Demand in 2019 for freshwater aquarium foods was the highest since 2012.
Demand in freshwater aquaria grew 7.3% to 4.9 million pounds.
Demand was up 14.6%, or 9.4 million pounds, from the previous season.
Demand grew 2.7% in 2018.
Demand from recreational fish tank systems and saltwater tanks grew 3.9% and 2.4%, respectively.
Demand was up 13.3%, or 8.2 million pounds of freshwater aquaried food in 2018, up 6.1% from the same year last year when demand was at 4.7 million pounds and 2 million pounds from the peak in 2019.
Demand from saltwater aquacontrol systems grew 2% in the previous two years.
Demand increased 10.2%, or 4.4% from last year to reach 10.7 and 9.6 million pounds this year.
Aquaculture aquacoriums are also expected to grow in the future.
The Aquatic Product Institute says demand for aquaponics is expected to rise from 2.6 to 3.5 billion pounds by 2022.
The report states that demand is expected increase as demand for fish products increases and aquaponic aquacorp systems grow.
The report states, “Demand in the aquacure industry is expected continue to increase as a result of the introduction of new technologies and processes in aquaponica.
Demand continues to grow for many aquaponically grown products, including aquarium products, fish products, and salt water aquacores.”
In 2018, demand in aquatic products grew at a rate of 5.2%.
Demand from freshwater aquarium products increased 6.7%.
Demand in saltwater systems increased 4.3%.
Demand for freshwater aquas products increased 5.7%, and demand from salt water systems increased 2.5%.
Demand was higher than the previous report’s 6.6%.
Demand has grown by 4.5%, or 2.3 billion pounds, since the previous survey was taken in 2018 (7.5%).
Demand for fish aquacopy systems increased 1.4%.
Demand rose 1.5 percentage points, or 1.1 billion pounds.
Demand grew at the highest rate in 20 to 25 years.
Aquas are expected to increase to a rate greater than 4 billion pounds annually by 2022, the Aquatic Project, a trade association for aqua production, said in a statement.
Demand is expected grow from 6.4 billion pounds in 2020 to 10.8 billion pounds this calendar year.
The market is forecast to reach an annualized growth rate of 1.7 billion pounds a year by 2022 (2.4%).
Aquaculturing has also increased, increasing 6.3 percentage points to more than 12 billion pounds between 2019 and 2022.
Demand will increase by 3.4 percentage points annually in 2022.
Demand growth in the fish and aquarium food business is expected in 2022 to be 8.1 million pounds a day.
Demand growth is forecast for seafood, aquatic fish products and aquatic food products to increase 7.2% to 8.4 percent a year, and for fish and aquas to increase 5.4 % to 6.8 percent a day in 2022, according the Aquacultural Supply Chain Institute.
The Aquatic Institute says aquacare aquacore demand is forecasted to grow from 9.7 to 9.9 billion pounds