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Aquaculture news

Aquaculture in MENA region growing at 7% annually

The aquaculture market in the MENA region has witnessed impressive growth in the past decade and is set to grow at an accelerated pace. The market is expected to witness production volume of 2.9 million tons by 2030.The outlook for aquaculture in the MENA region is very good. USD 15 billion worth of projects in aquaculture in the UAE are in pipeline over the course of the next decade. By 2021, the UAE Ministry of Climate Change and Environment (MOCCAE) expects to exponentially grow aquaculture production to 36,000 tonnes annually.