Aquaculture and Its Importance It is predicted that 62% of the seafood which is produced for humans to consume will come from aquaculture by 2030. As on today aquaculture contributes to 50% of the human seafood consumption. What is Aquaculture? When fish, algae, shellfish such as lobster and shrimp and other water organisms are bred, reared and harvested in various water environments it is known to be Aquaculture. Since the seafood demand has gone up, the introduction of technology has made it possible to cultivate food in the open ocean and coastal marine waters. The idea behind aquaculture is to rebuild the population of endangered and threatened species via the production of seafood and other commercial products, habitat restoration and wild stocks replenishment. A controlled process, aquaculture cultivates aquatic organisms primarily for humans to consumer. Aquaculture and agriculture are quite similar; agriculture uses plants or livestock and aquaculture is with fish. It is popularly referred to as fish farming and take place globally in any water body like rivers, freshwater ponds and coastal oceans. There are two main types of aquacultures—marine and freshwater. Waterbase was founded in 1987 by KCT Group who are the Aquaculture pioneers in India. Varun Thapar strongly believes that the emphasis on Research & Development will equip farmers with tested quality of inputs leading to good farm management. This also helps them reach the Optimum Food Conversion Ratio.