FAO - Fish farming may struggle to keep up with global demand
November 4th, 2008 by nirmalmathewsThe United Nations Food and Agriculture Organization (FAO) in a recent report has expressed concerns that the aquaculture industry may struggle to meet future world demand for fish as a rising global population consumes more and more fish and small farmers in poor countries face difficulties in exporting their produce.
The report says that the need for more fish from aquaculture has been heightened, because so-called traditional capture fisheries from the world’s seas, lakes and rivers have reached a plateau in terms of production and the aquaculture sector will need to produce 80.5 million tons per year just to maintain current per capita fish consumption
The report states that “The question remains whether the aquaculture sector can grow fast enough to sustain projected demand for fish while ensuring consumer protection, maintain environmental integrity and achieving social responsibility”
Surprisingly, the rapid growth of the aquaculture sector is suggested to be slowing, with previous yearly growth rates of over 10 per cent from 1985 to 1995 declining to 7 per cent in the following decade.
Click here for the source of this information
Tags: aquaculture sector, consumer protection, demand, environmental integrity, FAO, social responsibility
Posted in Economics, Hatchery R&D. Permalink for this post: permalink.
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November 4th, 2008 at 1:47 pm
Following on further from above, a very insightful article can be found at
http://www.aquafeed.com/read-article.php?id=2576§ionid=5&utm_source=Aquafeed+English+Newsletter&utm_campaign=b6bf618837-Aquafeed_Newsletter_-+10+-+23+-+2008&utm_medium=email
November 6th, 2008 at 11:05 pm
Further the growth reduction of these years I think that the actual financial crysis could influence aquaculture, which is a relatively young sector.
Probably the booming epoch of venture capitals is permanently ended, and it will be harder to raise new funds and capitals.
November 8th, 2008 at 7:20 pm
I wouldn’t say VS is gone and dusted - this might be a bit of a blip, but remember that it’s the financial markets that were the hardest hit. We’re just at the lower end of what is in the end, a cycle.
Whiule financial markets are down, the fundamentals are driving food prices up and up:
http://www.stuff.co.nz/4468514a13.html
I think Mathews’ article is right in questioning whether the sector can grow to keep up with demand, but even if it doesn’t, those who are in the game shouldn’t do too badly.