Aquaculture Economics & Management
The volume of aquaculture production worldwide has grown at a rate of approximately 8% per year over the last decade. Continued growth is expected due to increases in world population and the apparent leveling off of the capture of many commercial fisheries species. Farmed salmon and shrimp production have grown to dominate their respective world markets over the last several decades. More recently, new global markets have emerged for farmed species such as tilapia (Oreochromis sp.) and channel catfish (Ictalurus punctatus). Continued growth, however, depends not just on demand but also on the economic and financial viability of the businesses developed.