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The Future Of Fish Is Farms  

In 2007/08 the United Nation's Food and Agriculture Organization (FAO) projected that in order to maintain the current level of per capita consumption of seafood, global aquaculture production will need to reach 80 million tonnes by 2030.

This will require a production increase of approximately 30 million tones, but aquaculture can only fill this gap if it is promoted and managed in a responsible and sustainable fashion.

Even with inefficient traditional systems, aquaculture continues to be the fastest-growing animal-food-producing sector and to outpace population growth, with per capita supply from aquaculture increasing from 0.7 kg in 1970 to 7.8 kg in 2008, an average annual growth rate of 6.6 percent.

The total global aquaculture production in 2008 amounted to 68.3 million tonnes with a first-sale value of US$106 billion, and aquaculture accounts for close to half of world supply.

World per capita apparent fish consumption is projected to reach 17.9 kg in 2020, from 17.1 kg per capita of the average 2008-10.

The average world price for captured species is expected to increase by 23 % and for aquaculture species by a significant 50% by 2020 compared to the average 2008-10. 

There is an increasing global interest in food safety and traceability, and there is growing reliance on fish as a base source of nutrition.  Looking at the expanding China market in particular, there is increasing demand for clean, safe, quality seafood.  Wild-catch supplies of many of the preferred high-value species are collapsing and are unreliable, and no longer meet the requirements for ‘clean, safe and traceable’.