Fish farms to produce nearly two thirds of global food fish supply by 2030

Aquaculture will provide close to two thirds of global food fish consumption by 2030 as catches from wild capture fisheries level off and demand from an emerging global middle class, especially in China, substantially increases. 

These are among the key findings of "Fish to 2030: Prospects for Fisheries and Aquaculture," a collaboration between the World Bank, Food and Agriculture Organization of the United Nations (FAO) and the International Food Policy Research Institute (IFPRI). The report highlights the extent of global trade in seafood which tends to flow heavily from developing to developed countries. 

According to FAO, at present 38 percent of all fish produced in the world is exported and in value terms, over two thirds of fishery exports by developing countries are directed to developed countries. The "Fish to 2030" report finds that a major and growing market for fish is coming from China which is projected to account for 38 percent of global consumption of food fish by 2030. China and many other nations are increasing their investments in aquaculture to help meet this growing demand.  READ MORE

Source: Food and Agriculture Organization of the United Nations.  #IFAMAFRICA