Make it your homepage |   E-mail: Subscribe Unsubscribe

Cement Market Narrows


Monday, April 21, 2014
News Making Money

Fish Farms to Produce Nearly Two Thirds of Global Food Fish Supply by 2030, Report Shows

08/02/2014 18:30 (71 Day 20:07 minutes ago)

The FINANCIAL -- Aquaculture – or fish farming – 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, according to the World Bank Group.

ADVERTISEMENT


According to the 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.

Asia – including South Asia, South-East Asia, China and Japan – is projected to make up 70 percent of global fish consumption by 2030. Sub-Saharan Africa, on the other hand, is expected to see a per capita fish consumption decline of 1 percent per year from 2010 to 2030 but, due to rapid population growth of 2.3 percent in the same period, the region’s total fish consumption will grow by 30 percent overall.

The report predicts that 62 percent of food fish will come from aquaculture by 2030 with the fastest supply growth likely to come from tilapia, carp, and catfish. Global tilapia production is expected to almost double from 4.3 million tons to 7.3 million tons a year between 2010 and 2030.

The World Bank ’s Director of Agriculture and Environmental Services, Juergen Voegele, said the report provides valuable information for developing countries interested in growing their economies through sustainable fish production, though he warns that carefully thought out policies are needed to ensure the resource is sustainably managed.

Fisheries and aquaculture are a vital source of jobs, nutritious food and economic opportunities, especially for small-scale fishing communities. Yet threats from large-scale disease outbreaks in aquaculture and climate change-related impacts could dramatically alter this, according to the World Bank Group.

 

 

Make Your Comment

Add NewSearchRSS
Only registered users and facebook social network members can write comments!

This text is replaced by the Flash movie.
This text is replaced by the Flash movie.
Politics
Parliament issues strong call for EU lobby transparency register to become mandatory

16/04/2014 16:53 (4 Day 21:44 minutes ago)

The FINANCIAL -- The report approved by MEPs gives an important signal to the European Commission that a far more ambitious approach is needed to secure genuine lobby transparency in the EU, according to EUbusiness Ltd.

Read more...



TRAVEL BIZ »
PRESS RELEASES »
FINANCIAL »
UKRAINE »
GEORGIA »
WORLD »
BANKS »
BUSINESS »
TECH »
MARKETS »
B SCHOOLS »
SPECIAL REPORTS »

Markets
Major Cloud Service Providers Slash Prices; Threaten Smaller Players’ Existence: IDC Warns

19/04/2014 13:40 (2 Day 00:57 minutes ago)

The FINANCIAL -- In the last week of March, major Cloud Service Providers (CSPs) in Asia dropped their prices for core services dramatically and IDC believes that this will make it very difficult for smaller CSPs to remain in business if they continue to rely on provision of basic, undifferentiated services, according to International Data Corporation (IDC).

INSURANCE
M&A insurance grows as confidence increases

18/04/2014 16:18 (2 Day 22:19 minutes ago)

The FINANCIAL -- As the green shoots of economic recovery have started to show in key markets like the UK and US, demand for mergers and acquisitions (M&A) insurance has been rising, according to Lloyd's, the world's specialist insurance market.

Read more...






Developed by Aleksandre Chiabrishvili

Design built by Creo Group