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Already $7.2 Billion, the Market for Water Treatment in Aquaculture Will Expand Rapidly as Aquaculture Rises to Meet 62% of Global Fish Demand in 2030, Says Lux Research

BOSTON, MA–(Marketwired – Mar 10, 2015) – Aquaculture — the farming of fish and other aquatic animals — is an increasingly vital means of supplying demand for seafood, as wild fisheries suffer from stress and collapse. Water treatment is essential to successful aquaculture, and demand for water treatment is expected to nearly double from $7.2 billion in 2014 to $13.3 billion in 2030, according to Lux Research.

“Aquaculture is leading to a ‘Blue Revolution’ as the world shifts from hunting and gathering aquatic resources to farming them,” said Abhirabh Basu, Lux Research Associate and the lead author of the report titled, “Blue Revolution: The Fast-growing $7.2 Billion Water Treatment Opportunity in Aquaculture.”

“However, without water treatment, fish populations swim in a putrid cocktail of dead fish, feed, feces, and nutrients that breeds disease and endangers entire crops — advanced treatment systems are essential for the market to grow,” he added…

Read the full article here.