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 $7.2bn in 2014 to $13.3bn 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 $7.2bn 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.
Lux Researchers evaluated opportunities in the rapidly growing market for advanced water treatment in aquaculture. Among their findings:
The report, titled “Blue Revolution: The Fast-growing $7.2bn Water Treatment Opportunity in Aquaculture,” is part of the Lux Research Water Intelligence service.
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