Welcome to FIS   Sponsored By
Subscribe to FIS | Register with FIS | Advertise with FIS | Newsletter | About FIS | Contact us
   


The UN’s Food and Agriculture Organisation calls aquaculture the fastest growing food sector in the world. (Photo: YouTube/TropicalAquaculture/FIS)

Agriculture investors set their sights on aquaculture

Click on the flag for more information about Switzerland SWITZERLAND
Monday, November 15, 2010, 01:40 (GMT + 9)

Agriculture investors are placing their bets on aquaculture as the next big moneymaker as demand grows for farmed fish to feed the burgeoning worldwide population’s need for protein.

Although people in China and other quickly developing countries have been altering their diets to include more expensive sources of protein such as red meat, the move is not sustainable due to the excessive amounts of water and grain needed to raise cattle. 

Many believe farmed fish is the answer to this problem.

Kevin Schwartz, a partner at US private equity firm Paine & Partners, noted that there exists a major interest in fish that can both provide an alternative source of protein and which can be raised sustainably, Laura MacInnis reports for Reuters.

"Aquaculture is a way to meet that demand," he said to the bankers, fund managers and investors who came together at the Global AgInvesting Europe 2010 conference last week in Geneva.

The meeting is the third event in the Global AgInvesting series and gathered leading institutional investors, fund managers and public and private sector industry experts from across the globe to talk about the main ways to push value creation in agricultural production and trade. 

Farmed fish such as tilapia would have no trouble finding bountiful consumers around the planet, said Rich Gammill, managing director of Black River Asset Management, part of agri-business giant Cargill.

"It just makes sense economically for people to turn to fish as a low-cost source of protein," he said.

Gammill suggested that aquaculture would avert ecological destruction from overfishing stocks and thus attract developed market customers as well.

"From a sustainability point, this needs to be developed," he stated at the conference.

Gammill went on to say that about 80 per cent of the popular product frozen tilapia that is sold in the US now originates from China.

"There is an opportunity for Central America, for southeast Asia and for other markets who have control over their water quality and practices to play a much greater role," he added.

The UN’s Food and Agriculture Organisation (FAO) calls aquaculture the fastest growing food sector in the world.

Related articles:

- Aquaculture has promising future: study 
- Aquaculture in need of sustainability as it overtakes wild fisheries 

By Natalia Real
[email protected]
www.fis.com

 


 Print


Click to know how to advertise in FIS
MORE NEWS
European Union
Oct 20, 17:10 (GMT + 9):
Baltic Sea fishing: Council agrees on 2021 catch limits
Russian Federation
Oct 20, 08:00 (GMT + 9):
The Federal Agency for Fishery (Rosrybolovstvo) proposed to allocate additional investment quotas for the Far East
Worldwide
Oct 20, 07:50 (GMT + 9):
The keys to making land-based and offshore aquaculture work? Scale, scale, scale
United States
Oct 20, 07:20 (GMT + 9):
Golden king crab could be an emerging fishery at Prince William Sound
Sri Lanka
Oct 20, 06:50 (GMT + 9):
Vietnam to assist Sri Lanka to develop fisheries and aquaculture industry
South Africa
Oct 20, 06:40 (GMT + 9):
Zambia’s Fish Deficit Provides Room For Growth Of Aquaculture Sector – Maj Gen Miti
Russian Federation
Oct 20, 02:00 (GMT + 9):
Russian plans for fishing and processing 300,000 tons of krill
United Kingdom
Oct 20, 00:40 (GMT + 9):
Other Media | SalmonBusiness: Sushi & poke bowl chain sold pre-pack administration, 150 staff made redundant
Indonesia
Oct 20, 00:30 (GMT + 9):
Other Media | The Fish Site: Indonesia set for a new shrimp breeding centre
Netherlands
Oct 20, 00:20 (GMT + 9):
Other Media | fishfarmingexpert: Fly farmer crowned most innovative company in Netherlands
United Kingdom
Oct 20, 00:10 (GMT + 9):
Other Media | Fish Farmer: Young’s Seafood owner moves into Europe
Argentina
Oct 20, 00:10 (GMT + 9):
The Oceanographic and Fisheries Research Vessel 'Mar Argentino' joins the INIDEP fleet
Norway
Oct 20, 00:00 (GMT + 9):
Other Media | SeafoodSource: Fish welfare must take higher priority, Salmon Group says
United States
Oct 20, 00:00 (GMT + 9):
Export │ Ocean perch (frozen) │ Volume and prices: Japan, China and Korea (2018-19-20)
United States
Oct 20, 00:00 (GMT + 9):
Export│Frozen Atka Mackerel│Vomunes and prices: Japan, Korea and China | 2018-19-20



Lenguaje
FEATURED EVENTS
  
TOP STORIES
Have you ever noticed the age of the fish you are eating?
Japan "How old is this fish?" Have you ever thought about it when you saw it at a supermarket? In everyday life, you rarely know the age of a fish. Regarding the lifespan of creatures living ...
On the shrimp season, the vision of Juan Pablo Basavilbaso from Iberconsa
Argentina Extending two weeks beyond the limit recommended by INIDEP, it comes to an end with few boats in activity and meager yields. A year full of complications, in which the freezer sector was the hardest h...
Fishing will remain the yardstick of the Brexit deal
European Union Another key issue for the fisheries sector is the EU negotiations with the United Kingdom on Brexit, which are at a critical stage as Europe and London should close an agreement on fisheries in the co...
No capelin quota in the Barents Sea in 2021
Norway The capelin stock is well below the limit for the International Council for the Exploration of the Sea (ICES) to recommend a quota. It is the echo sounder registrations on the annual ecosystem cruise...
 
Maruha Nichiro Corporation
Nichirei Corporation - Headquarters
Pesquera El Golfo S.A.
Ventisqueros - Productos del Mar Ventisqueros S.A
Wärtsilä Corporation - Wartsila Group Headquarters
ITOCHU Corporation - Headquarters
BAADER - Nordischer Maschinenbau Rud. Baader GmbH+Co.KG (Head Office)
Inmarsat plc - Global Headquarters
Marks & Spencer
Tesco PLC (Supermarket) - Headquarters
Sea Harvest Corporation (PTY) Ltd. - Group Headquarters
I&J - Irvin & Johnson Holding Company (Pty) Ltd.
AquaChile S.A. - Group Headquarters
Pesquera San Jose S.A.
Nutreco N.V. - Head Office
CNFC China National Fisheries Corporation - Group Headquarters
W. van der Zwan & Zn. B.V.
SMMI - Sunderland Marine Mutual Insurance Co., Ltd. - Headquarters
Icicle Seafoods, Inc
Starkist Seafood Co. - Headquearters
Trident Seafoods Corp.
American Seafoods Group LLC - Head Office
Marel - Group Headquarters
SalMar ASA - Group Headquarters
Sajo Industries Co., Ltd
Hansung Enterprise Co.,Ltd.
BIM - Irish Sea Fisheries Board (An Bord Iascaigh Mhara)
CEFAS - Centre for Environment, Fisheries & Aquaculture Science
COPEINCA ASA - Corporacion Pesquera Inca S.A.C.
Chun Cheng Fishery Enterprise Pte Ltd.
VASEP - Vietnam Association of Seafood Exporters & Producers
Gomes da Costa
Furuno Electric Co., Ltd. (Headquarters)
NISSUI - Nippon Suisan Kaisha, Ltd. - Group Headquarters
FAO - Food and Agriculture Organization - Fisheries and Aquaculture Department (Headquarter)
Hagoromo Foods Co., Ltd.
Koden Electronics Co., Ltd. (Headquarters)
A.P. Møller - Maersk A/S - Headquarters
BVQI - Bureau Veritas Quality International (Head Office)
UPS - United Parcel Service, Inc. - Headquarters
Brim ehf (formerly HB Grandi Ltd) - Headquarters
Hamburg Süd Group - (Headquearters)
Armadora Pereira S.A. - Group Headquarters
NOAA - National Oceanic and Atmospheric Administration (Headquarters)
Mowi ASA (formerly Marine Harvest ASA) - Headquarters
Marubeni Europe Plc -UK-
Findus Ltd
Icom Inc. (Headquarter)
WWF Centroamerica
Oceana Group Limited
The David and Lucile Packard Foundation
Ajinomoto Co., Inc. - Headquarters
Friosur S.A. - Headquarters
Cargill, Incorporated - Global Headquarters
Benihana Inc.
Leardini Pescados Ltda
CJ Corporation  - Group Headquarters
Greenpeace International - The Netherlands | Headquarters
David Suzuki Foundation
Fisheries and Oceans Canada -Communications Branch-
Mitsui & Co.,Ltd - Headquarters
NOREBO Group (former Ocean Trawlers Group)
Natori Co., Ltd.
Carrefour Supermarket - Headquarters
FedEx Corporation - Headquarters
Cooke Inc. - Group Headquarters
AKBM - Aker BioMarine ASA
Seafood Choices Alliance -Headquarter-
Austevoll Seafood ASA
Walmart | Wal-Mart Stores, Inc. (Supermarket) - Headquarters
New Japan Radio Co.Ltd (JRC) -Head Office-
Gulfstream JSC
Marine Stewardship Council - MSC Worldwide Headquarters
Royal Dutch Shell plc (Headquarter)
Genki Sushi Co.,Ltd -Headquarter-
Iceland Pelagic ehf
AXA Assistance Argentina S.A.
Caterpillar Inc. - Headquarters
Tiger Brands Limited
SeaChoice
National Geographic Society
AmazonFresh, LLC - AmazonFresh

Copyright 1995 - 2020 Fish Info & Services Co.Ltd| All Rights Reserved.   DISCLAIMER