[tp widget="default/tpw_default.php"]

how much is the global fishing industry worth插图

US$113.2 Billion
How much is the fishing industry worth worldwide 2020? Amid the COVID-19 crisis,the global market for Seafood estimated atUS$113.2 Billionin the year 2020,is projected to reach a revised size of US$138.7 Billion by 2027,growing at a CAGR of 2.9% over the analysis period 2020-2027. Is fishing the largest industry in the world?

How big is the fisheries industry in the world?

Most are in developing countries, and are small-scale, artisanal fishers and fish farmers. In 2018, global fisheries and aquaculture amounted to approximately 179 million tons, with a “first sale” value estimated at US$401 billion, generating over US$164 billion in exports, including 60 percent from developing countries.

What is the forecast period of commercial fishing industry market research report?

Global Commercial Fishing Industry market accounted for $240.99 billion in 2017 and is expected to reach $438.59 billion by 2026 growing at a CAGR of 6.88% during the forecast period.

How much is the seafood market worth worldwide?

This statistic shows the seafood market value worldwide in 2020, as well as forecast figures for 2021 to 2025. The global seafood market reached a value of 253 billion U.S. dollars in 2021, and is projected to reach to about 336 billion dollars by 2025. Get notified via email when this statistic is updated.

How big is the aquaculture industry?

In 2018, global fisheries and aquaculture amounted to approximately 179 million tons, with a “first sale” value estimated at US$401 billion, generating over US$164 billion in exports, including 60 percent from developing countries.

How do fisheries contribute to the economy?

Fisheries contribute to livelihoods, employment and income with particular importance in coastal communities in developing countries. The FAO estimates that fisheries and aquaculture support the livelihoods of 10–12 percent of the world’s population, with some 60 million people directly engaged in capture fisheries and aquaculture (some 40.3 million people engaged in capture fisheries), and some 200 million along the value chain from harvesting to distribution, making the livelihoods of some 660 to 820 million people dependent on the sector. Employment in the fisheries and aquaculture sectors has grown faster than the world’s population and faster than employment in traditional agriculture.

How many fishing vessels were there in 2016?

The total number of fishing vessels in the world in 2016 was estimated to be about 4.6 million. The fleet in Asia was the largest, consisting of 3.5 million vessels, accounting for 75 percent of the global fleet. Globally, the number of engine-powered vessels was estimated to be 2.8 million in 2016 [representing 61 percent …

How many people die from fishing?

The ILO and FAO estimate that between 24 000 and 32 000 deaths occur annually in the pursuit of fishing – making fishing the most hazardous occupation in the World. And when we further consider the disproportionally high negative health effects of fishing on industry participants – working in a constantly moving, vibrating workplace, with stress, poor dietary habits, fatigue, etc, there is much work to be done. Studies have shown that high blood pressure, high triglycerides, diabetes and obesity, as well as risk behaviours such as smoking and physical inactivity are highly prevalent in seafarers and fishermen – and also much more common than among respective general populations.

What are the health effects of working at sea?

In addition, ergonomic problems leading to an increased risk of musculoskeletal disorders, deaths from mesothelioma among ships’ engineers and engine ratings (reported to be six times that of the general population), significantly greater risks of other forms of cancer, psychological and mental health problems, including high suicide rates are all further documented features of work at sea.

How much fish is exported in 2016?

The global fish export trade amounted to some $143 billion in 2016 – a figure that will continue to rise. Per capita fish consumption has soared – from 10 kg in the 1960s to more than 20 kg in 2016 and projected to reach 21.5 kg in 2030.

What are the most common health problems in seafarers?

Studies have shown that high blood pressure, high triglycerides, diabetes and obesity, as well as risk behaviours such as smoking and physical inactivity are highly prevalent in seafarers and fishermen – and also much more common than among respective general populations.

Is fishing bad for health?

Sadly, while the physical risks of fishing may be well documented, we still don’t have an accurate or comprehensive understanding of the real number of negative safety events and occupational health issues taking place out there – and we know even less about the real causation factors leading to these events. To add to this unclear picture is the realisation that many “studies” currently available are simply a regurgitation of earlier, older studies, with nothing new to add to our body of knowledge. We need a new way of gathering REAL information.

What is commercial fishing?

Commercial fishing is the activity of catching fish and other seafood for commercial profit, mostly from wild fisheries. It provides a large quantity of food to many countries around the world, but those who practice it as an industry must often pursue fish far into the ocean under adverse conditions.

What are the factors that stimulate the commercial fishing industry?

Ample presence of different kinds of fish such as tuna, cord, and salmon, the expanding demand for a variety of seafood, and increasing awareness about the health benefits of seafood are the major factors stimulating the commercial fishing industry market.

What are the factors that drive the growth of the Asia Pacific region?

By geography, Asia Pacific is dominating the market and the factors driving the growth of this region are economic growth and the shift of the preferences of the consumers toward value-added processed fish products.

Is aquaculture a key opportunity?

Moreover, increased demand for aquaculture is a key opportunity observed in the recent years. However, there are a number of harmful effects caused by commercial fishing, such as the exhaustion of marine resources, which are inhibiting the market growth.

What is the fishing industry?

However, global demand for seafood products has turned fishing into a multi-billion dollar industry .

Is the fishing industry cruel?

The fishing industry prioritizes profit above all else. Whether catching fish in the wild or raising them in a crowded factory fish farm, the industry operates with the same end goal: kill the maximum amount of fish in the shortest amount of time. Its reckless pursuit of profit leaves ocean environments damaged beyond recovery and inflicts massive amounts of suffering on marine life everywhere.

How does bottom trawling help the ocean?

Bottom trawling erodes the ocean floor, removing sediments. These deep-sea sediments contain a diverse array of marine invertebrates, and they offer rich foraging grounds for larger fish to feed on. And, their benefits extend far beyond nourishing marine life. Like our planet’s forests, ocean floor habitats absorb and store carbon dioxide (CO?) from the atmosphere, helping us combat climate change. When bottom trawlers damage these environments, the seabed releases this stored CO?. Scientists estimate that bottom trawling unleashes the same amount of CO? into the atmosphere as air travel.

Why are sharks important?

As apex predators, sharks are critically important to the balance of ocean ecosystems, but they are rapidly disappearing. A combination of bycatch and deliberate fishing kills up to 270 million sharks each year, permanently altering the underwater ecosystems they call home and endangering some shark species beyond recovery.

What is fishmeal used for?

The fishing industry turns 20 million pounds of fish into fishmeal —ground-up fish bones and flesh commonly used for animal feed —each year. These “ protein pellets ” provide factory farmers a cheap way to feed chickens and pigs before they go to slaughter. And, in a grotesque and cruel cycle, 70% of fishmeal actually goes back into aquaculture. That’s right: wild-caught fish are killed, processed, and fed to other fish.

What is the threat to the ocean ecosystem?

Our vital ocean ecosystems face an existential threat: the commercial fishing industry . Around the world, commercial fishing is decimating fish populations, threatening countless other marine species, and destroying crucial habitats.

How does bottom trawling affect coral reefs?

In addition to damaging the seafloor itself, bottom trawling also damages the habitats on top of it. Coral reefs are especially vulnerable to the effects of bottom trawling, as the nets tangle in corals and sweep up the fish who live there. These vibrant habitats normally burst with biodiversity, providing home to everything from microscopic invertebrates to big, flowering anemones. However, as bottom trawlers plunder these ecosystems, their biodiversity disappears.

How can aquaculture help the ocean?

Improved fisheries management, investment in sustainable aquaculture and protection of key habitats could help restore the productivity of oceans and generate benefits worth billions of dollars in developing countries, while ensuring future growth, food security and jobs for coastal communities.

What is the fisheries sector in Mozambique?

In the South West Indian Ocean, Mozambique’s fisheries sector has great growth potential and the ability to boost economic output by providing significantly larger returns and by contributing to poverty alleviation. The Mais Peixe Sustentável project under ILM Portfolio’s SWIOFish Program aims to reduce rural poverty, increase shared prosperity and promote development by encouraging investment in sustainable fisheries and aquaculture value chains. More than a thousand artisanal fisher households have already benefited from the project since its launch in February 2019.

How much did aquaculture produce in 2016?

In 2016, fisheries and aquaculture produced roughly 171 million tons of fish, with a “first sale” value estimated at US$362 billion, generating over US$152 billion in exports, with 54 percent originating in developing countries.

Why are coastal communities important?

Coastal communities, particularly in small-island developing states, are heavily reliant on marine resources for their livelihoods and food security. Engaging these communities in conservation, restoration, and sustainable management of natural habitats can provide much-needed income in the short-term, while building socio-economic resilience as countries strive to revitalize their coastal economies.

What are the WACA projects?

WACA works with existing regional institutions, including the West Africa Economic and Monetary Union, the Abidjan Convention, the Center for Ecological Monitoring, and the International Union for Conservation of Nature.

Why are oceans important?

Healthy oceans provide jobs and food, sustain economic growth, regulate the climate, and support the well-being of coastal communities. Billions of people worldwide —especially the world’s poorest— rely on healthy oceans as a source of jobs and food, underscoring the urgent need to sustainably use, manage and protect this natural resource.

What is the report "Not a Minute to Waste"?

The 2019 Marine Pollution in the Caribbean: Not a Minute to Waste report provides an assessment of the status and impacts of marine pollution in the Caribbean and offers recommendations to enhance the region’s resilience as it steers toward the Blue Economy. In the past two years, the Bank has provided analytics to countries in all regions to advise on the way forward, as reflected in many countries in East Asia, South Asia and Africa.

How big is the fishing industry globally?

The global seafood market reached a value of 159.31 billion U.S. dollars in 2019, and is projected to reach to about 194 billion dollars by 2027.

How much is the fishing industry worth Worldwide 2020?

Amid the COVID-19 crisis, the global market for Seafood estimated at US$113.2 Billion in the year 2020, is projected to reach a revised size of US$138.7 Billion by 2027, growing at a CAGR of 2.9% over the analysis period 2020-2027.

Is the fishing industry growing or declining?

Has the Fishing industry in the US grown or declined over the past 5 years? The market size of the Fishing industry in the US has declined 0.1% per year on average between 2016 and 2021.

How profitable is the fishing industry?

The commercial fishing and seafood industry — harvesters, processors, dealers, wholesalers, and retailers — supported 1.2 million jobs in 2016, generating $144 billion in sales impacts and adding $61 billion to the GDP.

Are fish populations increasing?

2020 counters the perception that fish populations around the world are declining and the only solution is closing vast swaths of ocean to fishing.

Is commercial fishing increasing?

Is commercial fishing sustainable? According to the United Nations, there’s been a 14% rise in global capture fisheries production from 1990 to 2018. This rise in fishing has meant that fish stocks within biologically sustainable levels have decreased from 90% in 1990 to 65.8% in 2018.

How much money does fishing industry make a year?

U.S. Fisheries Economics In 2016, the commercial fishing and seafood industries supported nearly 1.2 million jobs and generated $144 billion.