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Aquaculture is the most rapidly expanding food industry in the world [7] as a result of declining wild fisheries stocks and profitable business. [2] In 2008, aquaculture provided 45.7% of the fish produced globally for human consumption; increasing at a mean rate of 6.6% a year since 1970.
Seaweed farming is profitable even at a small scale, to the point that the small cost of investment is exceeded by the revenue from the first harvest (105–135 days). Caulerpa and Eucheuma are the most profitable, followed by Gracilaria. Gracilaria grows better in canals with flowing water than in still ponds. [16]
Aquaculture is the farming of fish, shellfish or aquatic plants in either fresh or saltwater, or both. [1] The farmed animals or plants are cared for under a controlled environment to ensure optimum growth, success and profit.
These include business registration, taxation, permits, legal structure, trade laws, etc. Use the template below to define the legal obligations in your ecommerce business plan.
In some regions the fish can be raised in rice fields at planting time and grow to edible size (12–15 cm, 5–6 in) when the rice is ready for harvest. Unlike salmon, which rely on high-protein feeds based on fish or meat, commercially important tilapiine species eat a vegetable or cereal-based diet.
Marine shrimp farming is an aquaculture business for the cultivation of marine shrimp or prawns [Note 1] for human consumption. Although traditional shrimp farming has been carried out in Asia for centuries, large-scale commercial shrimp farming began in the 1970s, and production grew steeply, particularly to match the market demands of the United States, Japan and Western Europe.
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