ABSTRACT

As we saw in Chapter 16, several exciting innovations are being developed in the aquaculture sector. However, the sector’s future is not only based on developing new technologies. Instead, innovation in aquaculture is driven by the sector’s maturation and opportunities that arise from changes in society. These changes include new regulations, shifts in consumption patterns, increased environmental awareness, and advancements in technology. In this sense, although we do not have a crystal ball to foresee the aquaculture future, we know society’s needs and the expected evolution of products and industries throughout their life cycle. With this information, we can generate notions of the direction that the aquaculture sector and its subsectors will take. With this logic, this chapter is divided into two main sections. The first deals with the phases that products and industries usually go through as they mature, and the second analyses the aquaculture sector opportunity landscape.