Tridge summary
The article highlights the rising global demand for seafood, with expectations of an 80% increase by 2050, driven by factors such as population growth, affordability, and cultural shifts. In South Africa, there's a growing preference for high-end seafood, particularly among higher income earners, and a increased demand for affordable options. Atlantis Seafood Products (ASP), South Africa's third-largest fresh and frozen seafood processing and packing factory, is aiming to grow its seafood export market, being the major producer of prime fresh-quality hake fillets and portions for export. The company has created additional 48 skilled jobs per shift by switching from automated filleting machines to a more labor-intensive process. The article also stresses the importance of sustainable and cost-effective practices in the seafood industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
Demand for seafood continues to rise, marking yet another shift in people’s global diet preferences for protein; the previous one being the shift from beef to chicken. Some trends insights from Luis Figueiredo, the CEO of Atlantis Foods Group and founder of Atlantis Seafood Products, South Africa’s third-largest fresh and frozen seafood processing and packing factory. According to a recent Stanford-led study, while consumption per capita of beef has declined since the 1960s, that of seafood has more than doubled and all indications are that global fish consumption will increase nearly 80% by 2050. The anticipated growth in demand for fish and shellfish – so-called blue foods – results from several factors: population growth, local changes in affordability and trade and culture, but the volume of fish consumption has little to do with increased wealth, the study reports. “You don’t see people eating more fish overall as they get richer, but the type of fish they eat may change. At ...
Source: Foodstuffsa
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