Aquaculture Study

3 items available

Items in this collection

Now showing 1 - 3 of 3
  • Item
    The Global Acquabusiness Investment Guide: A Living Framework to Guide Sustainable Development in the World's Fastest Growing Food Sector Summer 2024
    (Washington, DC: World Bank, 2024-05-14) World Bank
    The global aquaculture industry has seen considerable expansion in recent years, driven by rising consumer needs, a lack of growth from capture fisheries, progress in production technologies, and augmented investments from both private sector and governmental bodies. Presently, aquaculture is the world’s fastest growing food sector and is anticipated to outgrow capture fisheries by 2027. Sustaining this growth will require continued industry support. Recognising this, the World Bank Group (WBG) has established a Global Aquabusiness Investment Advisory Platform (AquaInvest Platform) that aims to develop and disseminate best practices in aquabusiness development, with a view to ensuring economic prosperity, social well-being, and environmental sustainability. By nurturing innovation and collaboration, the AquaInvest Platform seeks to empower aquaculture practitioners, investors and governments to meet the challenges posed by stagnating fisheries production and the increasing demand for food from a rapidly growing human population. The guide describes the necessary requirements and enabling factors that need to be in place to stimulate aquaculture investment and business growth that is socially, environmentally, and economically sustainable. The guide is global in their geographic scope, and applies to all major aquaculture species groups, production systems and production scales.
  • Publication
    Global Seaweed: New and Emerging Markets Report, 2023
    (Washington, DC: World Bank, 2023-08-14) World Bank
    With its ability to sink carbon, sustain marine biodiversity, employ women, and unlock value chains, seaweed farming demonstrates how development, climate, and nature work together to generate value and uplift communities. Seaweed farming can help build a world free of poverty on a livable planet and has enormous growth potential. This report has identified ten global seaweed markets with the potential to grow by an additional USD 11.8 billion by 2030. Yet, much of the seaweed sector’s value remains untapped - it has clear growth potential beyond its current markets. Today, most farmed seaweed is used for direct human consumption, as fresh feed in aquaculture, or as hydrocolloids. However, seaweed-farmed products may be able to displace fossil fuels in sectors such as fabrics and plastics; can provide ecosystem services, such as carbon sequestration and nitrogen cycling; and can generate socioeconomic benefits in fragile coastal communities. Further, the market is currently dominated by a handful of Asian countries, which produce 98 percent of farmed seaweed by volume globally. Opportunities for growth in new regions and applications are high.
  • Publication
    Market Growth Potential for Kazakhstan Fisheries and Aquaculture Products
    (World Bank, Washington, DC, 2022-07) World Bank; Food and Agriculture Organization of the United Nations / World Bank Cooperative Programme
    Kazakhstan is home to a variety of commercially viable fish species, a large domestic market (1.83 million consumers in 2020), proximity to potentially lucrative export markets, and the resources necessary to expand the sector. The country has adopted a strategy to increase fish production by boosting fish farming and setting ambitious targets for aquaculture development by 2030. Domestic fish demand is expected to increase by 27 percent between 2018 and 2030. Yet Kazakhstan’s current policy framework, the National Fisheries and Aquaculture Development Program (NFDP), is mostly supply driven, with inadequate consideration for whether or how the intended production expansion can be accommodated. To align the NFDP and related policies with Kazakhstan’s market growth goals, this report’s recommendations include: developing domestic markets; promoting export markets; strengthening the regulatory framework; pursuing a value-oriented production strategy; adopting environmental best practices; promoting a positive image of Kazakhstan’s fish through external public relations campaigns; and integrating Kazakhstan’s aquaculture into a larger system of sustainable landscape practices.