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European industry targets doubling of aquaculture production by 2030

December 5, 2018 — The Federation of European Aquaculture Producers (FEAP) has set a production target of 4.5 million metric tons in seafood from EU aquaculture by 2030; nearly double the current volume of 2.3m metric tons.

Speaking at the FEAP conference in Brussels on Nov. 29, president Marco Gilmozzi said that a boost in global aquaculture production will be necessary to meet the growing demand for sustainably-sourced protein within Europe.

“We need to be ambitious,” Gilmozzi said. “Aquaculture, if well-managed, is a fully-sustainable, globally competitive sector.”

With the global population set to rise to 9.8 billion by 2050, and many of the world’s fisheries already at maximum sustainable yield, FEAP predicts that farmed seafood will grow to represent more than two-thirds of the world’s consumed seafood by this date.

According to Gilmozzi, who is also the general manager of COSA fish farm in Tuscany, Italy, this means there are opportunities for European aquaculture to significantly grow its market share, as it currently only accounts for 25% of all European seafood production.

“To achieve our targets, we just need institutions to reduce bureaucracy and licensing times, and to realize a fair level playing field,” the FEAP president said.

Read the full story at Undercurrent News

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