A Revolutionary Offshore Seafarm Concept
Overall, demand for seafood is increasing, leading to overexploitation of natural resources and stagnation of wild fisheries production.
To curb overfishing and safeguard the biodiversity of natural resources, governments across the world are implementing regulations which limit the output of wild fisheries. With seafood production struggling to keep afloat and meet the rise in consumption, there is increased interest in aquaculture and fish farming as a means to bridge the widening gap between demand and supply by supplementing the production of wild fisheries.
The shift in consumption trending towards seafood as a source of protein is the driving factor behind the growth of the global aquaculture market. Population growth, heightened health awareness among consumers and the increase in disposable income are elements expected to spur demand for seafood products, thereby providing substantial growth opportunities for aquaculture in the coming years. Per capita fish protein consumption is still low in developing countries, signifying an opportunity for significant future growth.
Changing demographics and mounting prices for meat products combined with the trend of consumers in developed countries seeking products that are perceived as both healthy and environmentally friendly has raised market demand for quality fish to previously unseen levels. The same trend can be observed in developing countries; this guarantees the prolongation of steady demand in the future from Western countries that will need to devise new methods in order to satisfy this demand.
Emerging and developing countries will increasingly import quality products for species they cannot produce in their own waters. For example, China, the world's largest aquaculture producer, now imports growing amounts of Norwegian salmon and it is not an isolated case!
The amount of fish provided by traditional methods peaked in the 2000s and shifted towards lower production and higher prices, a logical progression given the intense overfishing in some areas. To preserve natural fish stocks, there is a growing demand for quality aquaculture.
Sustainable organic aquaculture practices are gaining importance globally, supported by growing awareness of environmentally harmful fishing and aquaculture technologies.
Aquaculture, which has developed rapidly over the last thirty years, represents the best alternative to meet a demand that is constantly growing!