ABARE has reported the value of Australia's fishing industry declined by more than 20 per cent in the last decade, because of a drop in prices and increased regulation on the wild catch.
In contrast, the aquaculture sector boomed.
According to ABC Rural, president of the Aquaculture Association of Queensland, Bruce Sambell, isn't surprised by the shift.
"The product's got to come from somewhere and wild catch is limited with all the management that's in there," he told the news organisation.
Whilst Australian fishing is limited, farmers can aquaculture 365 days a year.
Australian Fish Farmers Expected Boom
AUSTRALIA - Queensland seafood farmers say growth in the sector was inevitable.