Mar 282013
 

After several decades of rapid expansion, world demand for aquaculture supplies and equipment is expected to moderate, growing 7.4 percent per year to $63.6 billion in 2017 at the farm gate level.  The ongoing transition from extensive and semi-extensive to intensive aquaculture production will support greater feed demand, and rising feed costs will drive advances in market value as fish meal and fish oil prices continue to grow rapidly.  These and other trends, including market share and product segmentation, are presented in World Aquaculture: Feed, Equipment, & Chemicalsa new study from The Freedonia Group, Inc., a Cleveland-based industry market research firm.  Read more …

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