World Bank: By 2030 62% of all seafood farm raised

Global Business

World Bank: by 2030 62% of all seafood farm raised

With the depletion of the wild fish population, aquaculture has become one the fastest growing agribusinesses in the world. For the first time, more people around the world are consuming fish from farms instead of the open sea.

Over the years, fish farming, or aquaculture, has seen an astounding increase. But traditional fish farming methods have numerous challenges and one man is on a mission to change that.
CCTV’s Shraysi Tandon filed this report from Nova Scotia.

World Bank: by 2030 62% of all seafood farm raised

World Bank: by 2030 62% of all seafood farm raised

With the depletion of the wild fish population, aquaculture has become one the fastest growing agribusinesses in the world. For the first time, more people around the world are consuming fish from farms instead of the open sea. Over the years, fish farming, or aquaculture, has seen an astounding increase. But traditional fish farming methods have numerous challenges and one man is on a mission to change that. CCTV's Shraysi Tandon filed this report from Nova Scotia.

More details:

  • Fish consumption is outpacing beef, pork and poultry with most of the demand coming from Asian countries like China. The World Bank estimates that by 2030, 62% of all the seafood we consume around the world will be farmed raised.
  • The most common method used in aquaculture is open pen farming, where salmon are raised in the ocean using submersible cages. This method leads to some of the problems, including salmon escaping from the cages and mating with the wild population. Diseases can spread in and outside the cages along with sea lice.