FAO: Future aquaculture growth to be greater than expected Fish farming will likely grow more than expected in the coming decade, by as much as 4.14% per year through 2022, according to a new report from Food and Agriculture Organization of the United Nations (FAO). The projection is notably faster than the 2.54% growth forecast made earlier this year in a joint report by FAO and the Organization for Economic Cooperation and Development. Increased investment in the aquaculture sector should boost farmed-fish production, particularly in productivity-enhancing technologies including in the areas of water use, breeding, hatchery practices and feedstuff innovation. “The primary reason for increased optimism is that there is ample room for catching up with more productive technologies, especially in Asia, where many fish farmers are small and unable to foot the hefty capital outlays the industry requires to expand output without running into resource constraints,” said Audun Lem, a senior official at FAO’s Fisheries and Aquaculture Policy and Economics Division and one of the lead authors of the 120-page report. Africa, with formidable water resources, should also host ongoing rapid growth of more than 5% a year, the fastest in the world but building on a very low current base level, according to the report. Aquaculture is a young industry compared to livestock farming and has grown from virtually nothing in 1950 and to a record production of 66.5 million tonnes in 2012, up almost thirty-fold since 1970. See more at: undercurrentnews/2014/11/17/fao-future-aquaculture-growth-to-be-greater-than-expected/
Posted on: Tue, 18 Nov 2014 02:51:56 +0000
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