BioFishency in Lux Research Report about Aquaculture Boom

Ed. note: Portfolio company BioFishency is mentioned in this report from Lux Research.

Aquaculture Boom Creates $13.3 Billion Water Treatment Market in 2030

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 in 2030, according to Lux Research.

Aquaculture is leading to a “Blue Revolution” as the world shifts from hunting and gathering aquatic resources to farming them,” said Abhirabh Basu, Lux Research Associate and the lead author of the report titled, “Blue Revolution: The Fast-growing $7.2 Billion Water Treatment Opportunity in Aquaculture.”

“…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.

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  • Wastewater companies leveraging expertise to tap RAS market. … Among promising start-ups, BioGill uses vertical membrane sheets, and BioFishency has built an “all-in-one” plug-and-play solution.

Read the full press release. 

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