Aquaculture: Its Role in the Future of Food

Abstract

Aquaculture has become the world’s fastest growing food-production technology. This chapter outlines the main factors for this growth and shows how farmed seafood can contribute directly and indirectly to food security. We used the databases of the FAO on food production and trade to analyze the development of production in the main categories of animal protein. The trends were interpreted in a productivity growth and trade context. We found that modern aquaculture is enabled by transferring knowledge from terrestrial animal production and from developing new technologies to create substantial productivity growth and production cost reductions. The current growth rate of aquaculture production exceeds all other types of meat production and is expected to continue to increase as the agro-science industry expands (seafood made up 34.5% of the world’s animal production in 2013). More than 90% of the world’s aquaculture production takes place in developing countries, where it contributes to food security directly through consumption or indirectly as a source of income. Seafood is a main source of animal protein in many parts of the world, particularly in developing countries. Depending on species and country, farmed seafood contributes to food security directly through domestic consumption, or indirectly through economic growth from exports.

Citation

Anderson, J.L., Asche, F., Garlock, T. and Chu, J. (2017), "Aquaculture: Its Role in the Future of Food", World Agricultural Resources and Food Security (Frontiers of Economics and Globalization, Vol. 17), Emerald Publishing Limited, Leeds, pp. 159-173. https://doi.org/10.1108/S1574-871520170000017011