Fish farming will likely grow more than expected in the coming decade, offering a chance for improved nutrition for millions of people, especially in Asia and Africa, according to a new report, from FAO.
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.
The earthquake in Chile earlier this year destroyed Chilean processing plants tightening world supply of fishmeal and causing world market prices to hit an all-time high. Chile is the world’s second biggest exporter of fishmeal, second only to Peru.
Australian Fisheries Minister Norman Moore embraced the aquaculture potential of Western Australia with the opening of a cutting edge-design commercial brine shrimp farm at Port Gregory, near Geraldton.