Aquaculture to Produce Majority of Global Food Fish Supply by 2030

Aquaculture to Produce Majority of Global Food Fish Supply by 2030

By 2030 aquaculture will provide 62% of food fish to meet global demand as demand from emerging markets – particularly China continues to increase and wild capture catches level off. According to the UN’s Food and Agriculture Organization (FAO), currently 38% of all fish produced in the world is exported and according to values, two thirds of fish exports are shipped from developing to developed countries.  However by 2030, China is expected to account for 38% of global consumption driving China and other Asian countries to invest in aquaculture to meet future demand.  South Asia, South East Asia, China, and Japan are projected to account for 70% of global fish consumption by 2030.  In sub-Saharan Africa fish consumption is expected to decline by 1% per year from 2010-2030 but, because of population growth of 2.3% over the same period the region will see a net increase of fish consumption of 30% overall.  The fastest growing aquaculture sectors are expected to be tilapia, carp, and catfish with global tilapia production increasing from 4.3 million tons to 7.3 million tons per year by 2030.

 

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