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Global aquaculture surging, with production surpassing wild-catch fisheries, 2024 UN FAO SOFIA report finds

Published Jun 11, 2024

Tridge summary

The United Nations Food and Agriculture Organization (FAO) has published its biennial report, The State of World Fisheries and Aquaculture (SOFIA), revealing a record high in global seafood production. In 2022, the production reached 223.2 million metric tons, with aquaculture surpassing wild-catch output for the first time, contributing 57 percent to the total. The report highlights the employment of 61.8 million people in the sector and notes a significant growth in aquaculture, with China leading the production. The FAO anticipates a 10 percent increase in production by 2032, but due to global population growth, production is expected to fall short of meeting demand by 2050. The report underscores the need for sustainable practices, targeted policies, and investment in underutilized countries to meet the rising demand.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Global seafood production has reached a historical record, and aquaculture production has surpassed wild-catch output for the first time ever, according to a biennial United Nations Food and Agriculture Organization (FAO) report.The FAO’s 2024 edition of The State of World Fisheries and Aquaculture (SOFIA) report, published 10 June 2024, found global seafood production reached 223.2 million metric tons (MT) in 2022, up 4.4 percent from 2020. That total comprises 185.3 million MT of aquatic animals – 89 percent of which was used for human consumption and the remainder of which was used for fishmeal and fish oil – and 37.8 million MT of algae.Its total first sale value was estimated at USD 472 billion (EUR 440 billion), with aquaculture production valued at USD 313 billion (EUR 292 billion). Around 230 countries globally are involved in the international trade of seafood products.In 2022, global aquatic animal aquaculture production reached 130.9 million MT, accounting for 57 ...
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