"Aquaculture Market Surges: Forecasting a Size of USD 237.3 Billion by 2030 | MRFR Analysis"
Aquaculture Boom: Market Size to Hit USD 237.3 Billion by 2030 | MRFR Analysis The world's oceans aren't just teeming with marine life; they're bubbling with opportunity. Aquaculture, the cultivation of aquatic organisms like fish, shellfish, and algae, is experiencing a phenomenal surge, driven by a confluence of factors. Aquaculture Market research firm MRFR predicts a bonanza, with the market size expected to reach a staggering USD 237.3 billion by 2030 , growing at a healthy CAGR of 5.71% from 2022 to 2030. Let's dive into the currents propelling this market growth and explore the vibrant ecosystems within. Waves of Growth: Appetite for Seafood: With a growing global population and rising disposable incomes, the demand for seafood is skyrocketing. Aquaculture serves as a sustainable and reliable source of this protein-rich food, fueling market expansion. Land Constraints: As terrestrial farming faces land limitations and climate change challenges,...