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ARS Home » Southeast Area » Stoneville, Mississippi » Warmwater Aquaculture Research Unit » Research » Publications at this Location » Publication #365661
Research Project: Evaluating Nutritional Requirements, Identifying Alternative Ingredients and Improving the Production Environment for Hybrid and Channel Catfish Production

Location: Warmwater Aquaculture Research Unit

Title: Aquaculture production and marketing: A peek into the world of producers and consumers

Author
item KUMAR, GANESH - Mississippi State University

Submitted to: Agricultural Economics
Publication Type: Review Article
Publication Acceptance Date: 4/23/2018
Publication Date: 6/8/2018
Citation: Kumar, G. 2018. Aquaculture production and marketing: A peek into the world of producers and consumers. Agricultural Economics. 22(3):279-283.

Interpretive Summary: The article captures key issues of importance for aquaculture producers and consumers. This issue includes papers that address the regulatory burden on aquaculture farms, profitability and price volatility on the production front and product attributes and consumer perceptions of aquaculture products on the consumer end.

Technical Abstract: This paper highlights the studies of a special issue of AEM that highlight some important research areas in aquaculture economics. van Senten et al. (2018) bring forth the importance of the need for a more participatory U.S. regulatory framework that engages with producers; in its current state, U.S. aquaculture growth is affected negatively. Ongoing research in other commercially important U.S. aquaculture sectors like trout, shellfish and catfish show similar effects. Asche et al. (2018) outline some important aspects of profitability for small aquaculture firms under volatile price conditions. Dahl and Jonsson (2018) affirm the importance of the aquaculture sector in serving as a price-volatility absorber through a more consistent supply of seafood products. The marketing studies (Bronnmann & Hoffmann, 2018; Brayden et al., 2018) in this issue outline certain key product attributes that are important for consumers. Market positioning as well as product differentiation of new aquaculture products should take into account the dynamic nature of consumer needs which show increasing trends for sustainable and labeled products.