Aquaculture Market Expected To Grow At 2.0% CAGR from 2014 to 2020

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Aquaculture Market Expected To Grow At 2.0% CAGR from 2014 to 2020

“Due to rising consumer demand for sea water fish, marine water-based aquaculture market is projected to grow at a CAGR of 2.2% by 2020. Rack & line farming along with sea ranching and intensive aquaculture are methods which are being implemented depending upon the type of fish or shellfish�

Global Aquaculture Market size was 69,230.0 kilo tons in 2013. Rising awareness among consumers pertaining to various health benefits offered by seafood is expected to drive global market demand over the forecast period. Access Full Research Report on Aquaculture Market: http://www.grandviewresearch.com/industry-analysis/aquaculture-market Increased deep sea fishing activities globally have resulted in limited availability of fresh fish thus fuelling demand for cultured varieties. The market has witnessed growth due to urbanization and increasing disposable income of working population leading to high consumption of protein rich foods. The global market is estimated to generate revenues worth USD 202.96 billion by 2020.

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Aquaculture Market Expected To Grow At 2.0% CAGR from 2014 to 2020 by Dhanashree - Issuu