BOSTON, MA, March 10, 2015 -- According to new findings from Lux Research (LR), an independent research and advisory firm, water treatment is essential to successful aquaculture, and demand for water treatment is expected to nearly double from $7.2 billion in 2014 to $13.3 billion by 2030.
Aquaculture -- the farming of fish and other aquatic animals -- is an increasingly vital means of supplying demand for seafood, as wild fisheries suffer from stress and collapse.
"Aquaculture is leading to a 'Blue Revolution' as the world shifts from hunting and gathering aquatic resources to farming them," said Abhirabh Basu, LR associate and the lead author of the report, titled "Blue Revolution: The Fast-growing $7.2 Billion Water Treatment Opportunity in Aquaculture."
"However, without water treatment, fish populations swim in a putrid cocktail of dead fish, feed, feces, and nutrients that breeds disease and endangers entire crops -- advanced treatment systems are essential for the market to grow," he added.