Aquaculture earns billions of dollars throughout the world. The rapid growth in aquaculture is expected to continue through to the year 2050, increasing to fill the deficit in fish production for food. The world’s population is continuing to grow, and so is the demand for fish. But global production from traditional fishing has peaked because most the familiar fish stocks are either fully exploited or in decline (see figure).
“In the 1970s, most of the seafood we consumed was harvested from wild marine stocks with aquaculture contributing just three per cent of total fish production,” said Milton Haughton, Executive Director of the CRFM in a recent interview. “Today, aquaculture is the fastest growing food production sector in the world.”