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SERVED UP: Seafarms also operates the Crystal Bay Prawns brand.
Aquaculture tide rising in WA
Monday, 9 February, 2015 - 16:37
Western Australian businesses are being drawn to the long-term growth opportunities offered by the aquaculture sector as increasing demand from Asia drives investment.
Seafarms Group managing director Robert Bell said the expanding middle class to Australia’s north was driving demand for protein, and the region had a cultural preference for seafood.
“Half of the world’s seafood currently comes from aquaculture,” Mr Bell told Business News.
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WA Revenue most recent financial year
| 29th |  | Capilano Honey | $10.0m |
| 30th | | Cygnet Bay Pearls | $10.0m |
| 31st |  | Marine Produce Australia | $7.3m |
| 32nd | | InterGrain | $6.8m |
| 33rd | | Rantael | $6.6m |
79 agribusiness ranked by WA revenue most recent financial year
WA revenue
| 64th |  | Swan Taxis | $17.1m |
| 65th | | Maxima | $12.5m |
| 66th | | Marine Produce Australia | $7.3m |
| 67th | | Wyllie Group | $5.9m |
| 68th | | Perth Markets | $5.8m |
101 private companies - large ranked by revenue most recent financial year
Number of Employees
Agribusiness
| 29th | Fremantle Octopus | 20 | |
| 30th | Imtrade Australia | 20 | |
| 31st | Marine Produce Australia | 20 |
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Show moreIt is important to note that the Morningstar information displayed by Business News is not to be copied or distributed except as authorised; and that such information is not warranted to be accurate, complete or timely and that neither Morningstar nor Business News are responsible for any damages or losses arising from any use of this information.
The information is general information only and does not constitute financial advice It is not intended to be, and should not be construed in any way as, investment, legal or financial advice
Retail clients should be advised the Morningstar Financial Services Guide can be found at http://www.morningstar.com.au/fsg.asp
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