?one of the animals that has been on the radar for aquaculture is octopus,? said jake conroy, ceo and president of kanaloa octopus farms. ?there's a lot of potential for them and, hopefully, i can rear them and provide them to aquariums ? i would love to be able to supply the markets with sustainable sources and hopefully move up to a scale to provide octopus for eating.?fish farms now produce more than 100 million tons of fish each year around the globe, according to the united nation's fisheries and aquaculture department. octopus is highly desirable and commands high prices throughout its distributional range; however, the animal has for the most part escaped aquaculture. in 2013, more than 46,000 pounds of common octopus were fished worldwide, according to un data.the octopus is a good candidate for aquaculture because of its brief life cycle and prolific reproduction and growth rates. many, such as those conroy is raising, take less than a year to reach maturity; and females lay a strand of hundreds of thousands of eggs.