Policy Suggestions for Sustainable Aquaculture Development

Aquaculture is a very important growth industry that can provide us with stable food supply and overcome fish species depletion. However, there have been many studies centered on technology development rather than on how to accurately categorize the potential for development and provide it in economic terms. In this study, for the first time in the aquaculture industry, strategic fish species are selected and provided through the BCG Matrix method to clarify the economic aspects of vitalization of star fish species, expansion of cash cow fish species, challenges for the government to move star fish species such as fish species located in question marks, company case studies, accurate reporting obligations to reduce asymmetry of information on fish farmers, and support for future technology development.