Global Aquaculture Market Will Grow at 5.0% CAGR to Exceed $ 209.42Bn by 2021
Aquaculture is the farming of aquatic organisms such as fish, crustaceans, molluscs and aquatic plants in either freshwater or saltwater. The aquatic population is cultivated under controlled conditions in aquaculture. Aquaculture is also known as aqua farming. Various species are cultivated in this farming and harvested for commercial fishing across the globe. It has a wide scope of applications. Thus, it is expected to grow at significant rate in near future.
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