Understanding the situation of Aquaculture farms in Latvia: A Multidimensional Scaling Analysis

Abstract

Aquaculture holds significant importance within the agricultural sector of numerous countries worldwide. This industry plays a crucial role in providing consumers with safe and high-quality food products that are carefully monitored in controlled environments, resulting in a smaller ecological impact. Seafood and fish are vital sources of nutrition and sustenance on a global scale. Multidimensional scaling  detected meaningful underlying dimensions, allowing the researcher to explain observed similarities or dissimilarities between the investigated objects. In aquaculture business multidimensional scaling can find the distance between denotes the perceived similarity between them and would result in a scale from the worst to the best state.