The global market for aquaculture is expected to reach US$202.96 billion by 2020, according to a new study by Grand View Research, Inc.
Aquaculture includes farming of aquatic organisms such as mollusks, fish, crustaceans and other aquatic flora and fauna.
Increasing consumer awareness of health benefits associated with seafood and growing consumption serves as a key driver for development of the market.
In addition, the market demand is expected to be further fuelled by the lack of naturally available varieties owing to extensive fishing. Rice-fish culture is expected to serve as key growth opportunity for this market over the next six years.
Read more HERE.
Aquaculture includes farming of aquatic organisms such as mollusks, fish, crustaceans and other aquatic flora and fauna.
Increasing consumer awareness of health benefits associated with seafood and growing consumption serves as a key driver for development of the market.
In addition, the market demand is expected to be further fuelled by the lack of naturally available varieties owing to extensive fishing. Rice-fish culture is expected to serve as key growth opportunity for this market over the next six years.
Read more HERE.
The Aquaculturists
This blog is maintained by The Aquaculturists staff and is supported by the
magazine International Aquafeed which is published by Perendale Publishers Ltd
For additional daily news from aquaculture around the world: aquacutlure-news
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