Falling domestic demand: Japan's aquaculture strategy updated to focus on exports and productivity growth

Published 2021년 9월 28일

Tridge summary

The Japanese Fisheries Agency (JFA) has unveiled a strategy to boost the country's stagnant aquaculture industry, which is expected to decline due to a decreasing domestic demand caused by a declining birthrate and aging population. The strategy focuses on increasing exports of marine products, particularly yellowtail, red sea bream, scallops, and pearls, with Thailand as a key export market. The plan also highlights the potential of 'unfed farming' of shellfish and algae but points out limitations due to environmental factors and high costs. The government intends to invest in infrastructure in regions that produce marine products for export and will promote these products overseas through the Japan Food Overseas Promotion Center (JFOODO).
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Japan, which was one of the world's leading consumers of marine products, has been declining in demand for marine products in recent years, and the Fisheries Agency (JFA) under the jurisdiction of the Ministry of Agriculture, Forestry and Fisheries is unlikely to improve this situation. Is confirmed. The JFA announced the latest "Aquaculture Growth Industrialization Comprehensive Strategy", "Japan is always a large market for marine products, but with the declining birthrate and aging population, domestic demand will decrease in the long run." It has said. "In the last 20 years when Japan's aquaculture industry has matured and stagnated, global aquaculture production has nearly quadrupled and is expected to continue to grow." "Therefore, it is necessary to increase exports of marine products, and Japanese aquaculture has great potential in the international market." One of the government's main plans in this area is to prioritize investment in establishing and improving ...

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