The world population is estimated to be 9 billion by 2050. The main concern arising with this rapidly escalating population is meeting the food requirements of the future. And this is where aquaculture comes in. More and more countries are leaning towards aquaculture – the practice of farming fisheries products as a solution to the food dilemma that seems to be inevitable. The global aquaculture market was valued at USD 285,359.7 million in 2019 and it is expected to grow at a steady pace in the coming decade.
Although Sri Lanka’s international reputation as a major apparel sourcing hub in the region eclipses the country’s textile manufacturing industry, it’s still too important to downplay. The textile manufactured in Sri Lanka is a major component of the export apparel value chain.