Bioeconomic Analysis in Aquaculture Production
Summary
Bioeconomic analysis in aquaculture production combines biological growth models with economic evaluation to inform sustainable and profitable fish-farming practices. By integrating data on feed conversion, growth rates, mortality and market prices, practitioners can simulate production scenarios and assess investment decisions under uncertainty. Common methodologies include dynamic simulation, stochastic risk analysis and cost–benefit modelling, which together enable the optimisation of stocking densities, feeding regimes and system designs. This approach addresses global challenges such as resource efficiency, environmental impact mitigation and resilience to market fluctuations. It also underpins policy development and farm-level planning by quantifying trade-offs between yield, costs and ecological constraints. Through continuous refinement of bioeconomic models, stakeholders in aquaculture—from smallholder producers to industry investors—can achieve improved performance, reduced waste and enhanced contributions to food security.
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Bioeconomic Analysis in Aquaculture Production publication trend
The graph below shows the total number of articles in bioeconomic analysis in aquaculture production across all publications each year (not limited to Nature Index journals).
Technical terms
Bioeconomic analysis: Integrated evaluation of biological processes and economic performance to optimise aquaculture systems.
Recirculating Aquaculture System (RAS): A closed-loop culture method that filters and reuses water to improve resource efficiency and control production parameters.
Net Present Value (NPV): The sum of discounted future cash flows minus initial investment, used to assess the profitability of aquaculture projects.
Feed Conversion Ratio (FCR): The mass of feed required to produce one unit of fish biomass, a key indicator of production efficiency.
References
- Economic feasibility of recirculating aquaculture systems in pangasius farming. Aquaculture Economics & Management (2016).
- The Bioeconomic Analysis of Hybrid Giant Grouper (Epinephelus fuscoguttatus × Epinephelus lanceolatus) and Green Grouper (Epinephelus malabaricus): A Case Study in Taiwan. Fishes (2023).
- Growing smaller fish for inclusive markets? Increasing stocking density and shortening the production cycle of Nile tilapia in cages on Lake Victoria. Aquaculture (2024).
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