Globally, interest in aquaculture and the benefits it brings, is continually increasing. The US Department of Commerce, National Oceanic and Atmospheric Administration recently published a report examining the economic potential and prospect for success of offshore aquaculture in the US.
The report, titled Offshore Aquaculture in the United States: Economic Considerations, Implications & Opportunities, was developed by leading fisheries and resource economists and business experts. The report examined the following in the context of the US:
- Trends and factors shaping aquaculture today;
- Forces that will drive it in the future;
- Inputs and outputs necessary to sustain its growth;
- Economic consequences of offshore aquaculture development in the United States; and
- Benefits and costs of such a domestic industry to the nation.
Additional information on the report can be found on the NOAA website at this link.
