Growing Demand & Shrinking Supply

The world’s appetite for fish is growing. Since 1961, the global demand for fish has risen at twice the rate of the world’s population. In fact, we’re now eating twice as much fish as we did just 50 years ago, with per capita intake increasing from 9.9 kg to 18.8 kg annually. Rises in the global demand for fish are expected to continue and the output needed to fulfil this demand is expected to double, reaching an astonishing 230 million tons by 2050. Meeting this demand will create a market increase valued at upwards of several hundred billion dollars.

Growing Demand & Shrinking Supply
Global Fish Market - A Disaster Waiting To Happen

A Disaster Waiting To Happen

In the past, wild fisheries have been the primary resource for fish. Today, however, the majority of wild fisheries are pushed beyond their limits. Currently, nearly 85% of global fish stocks are either exploited or, even worse, depleted. Putting further pressure on wild fisheries will have catastrophic consequences; in fact, scientists predict that it will turn our oceans into virtual deserts in less than 35 years.

A Profitable and Ecological Solution

Thanks to new and improved technologies, sustainable methods of aquaculture can now be used to fulfill the demand for fish without tapping our seas’ resources or harming delicate ecosystems. In effect, meeting the demand for fish using aquaculture offers a profitable and ecologically viable alternative to the oceans-as-deserts scenario we are currently facing. Additionally, it will spark the creation of tens of millions of new jobs, chiefly in economically disadvantaged communities.

The trend towards fish farming has already started: the number of fish now harvested from farms has doubled, nearly tripled, in recent years and aquaculture is now fulfilling nearly half the world’s demand for fish. As early as 2015, aquaculture is expected to surpass fisheries as the main producer of fish. By 2022, the output of fish from aquaculture will be 35% higher than what it is today (about $125 billion), which will help to meet rising demands where the current global wild fisheries market no longer can.

Global Food Consumtion - A Profitable and Ecological Solution
Trends in global fish farming.

The Mega Trend

The trend towards fish farming has already started: the number of fish now harvested from farms has doubled, nearly tripled, in recent years and aquaculture is now fulfilling nearly half the world’s demand for fish. As early as 2015, aquaculture is expected to surpass fisheries as the main producer of fish. By 2022, the output of fish from aquaculture will be 35% higher than what it is today (about $125 billion), which will help to meet rising demands where the current global wild fisheries market no longer can.