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Market Analysis for Fisheries 2020

Abstract

Dr. A. W. Jayawardena,

From olden days, fishing from lakes, rivers and oceans has been a major source of food, provider of employment and other economic benefits for humanity. Aquaculture is counted be probably the fastest growing food-producing sector in the world currently. The growing concern and awareness about the health advantages and nutritional value associated with seafood surge its consumption. Also, rising demand for fish oil in various industries like healthcare, pharmaceuticals, food and dietary supplements among others further contribute to the market growth significantly. The combined result of the growth of aquaculture worldwide and the expansion in world population is that the average annual per capita supply of food fish for human consumption has grown ten times in the past 2 decades.

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