Friday, October 10, 2003

New IFPRI fish report:
projects that fish consumption in developing countries will increase by 57 percent, from 62.7 million metric tons in 1997 to 98.6 million in 2020. By comparison, fish consumption in developed countries will increase by only about 4 percent, from 28.1 million metric tons in 1997 to 29.2 million in 2020. Rapid population growth, increasing affluence, and urbanization in developing countries are leading to major changes in supply and demand for animal protein, from both livestock and fish.

To meet this growing demand, fish farming, or aquaculture, an already booming industry, will continue to expand, since most of the world's existing wild fisheries are tapped to capacity or beyond. In fact, the study projects that more than 40 percent of fish eaten by consumers in 2020 will come from fish farms. Aquaculture production is expected to nearly double in the next two decades, climbing from 28.6 million metric tons in 1997 to 53.6 in 2020.

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