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Aquaculture: opportunities for the nineties.
1Cooperative State Research Service, USDA, Washington, DC 20250.
Journal of Animal Science
|October 11, 1991
Summary
The U.S. aquaculture industry is growing rapidly due to increased demand and product quality. Continued development of marketing and production efficiency is key for future global fisheries product supply.
Area of Science:
- Aquaculture
- Fisheries Science
- Agricultural Economics
Background:
- The U.S. aquaculture industry has experienced significant expansion since 1980.
- This growth is attributed to rising consumer demand for fisheries products, stagnant commercial fish catches, and the industry's capacity to offer high-quality, cost-competitive products.
Purpose of the Study:
- To analyze the growth drivers and future prospects of the U.S. aquaculture industry.
- To highlight the increasing importance of aquaculture in meeting global seafood demand.
Main Methods:
- Analysis of historical industry data (1980-1988).
- Review of market trends and production economics.
- Identification of key factors influencing industry development.
Main Results:
- U.S. aquacultural production reached a record 292,457 metric tons in 1988.
- World aquacultural production exceeded 13 million tons in 1987.
- The industry demonstrates strong potential for continued expansion.
Conclusions:
- Aquaculture is poised to play a crucial role in satisfying future global demand for fisheries products.
- Sustained growth necessitates robust marketing strategies and enhanced production efficiency.
- Economic, geophysical, social, and political factors are critical to the industry's ongoing development.