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Aquaculture’s popularity growing globally says new report

The growing market for farmed fish and other aquaculture products underscores its growing popularity around the world as a sustainable solution to counter the decline and depletion of marine resources, says a new report.

Aquaculture will also prove to be a practical option to confronting issues related to food security and demand, said the report by BCC Research, which has a 45-year history of providing comprehensive analysis of global sustainability of businesses, economies and lives.

Underscoring the growing popularity of aquaculture, the report said that the global market for aquaculture products should reach $226.2 billion by 2022 from $169.9 billion in 2017 at a compound annual growth rate (CAGR) of 5.9%, from 2017 to 2022…

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