The world is in the center of a fundamental challenge to meet food demand and the fisheries sector has the opportunity to meet this challenge, Dr Fraser Thompson, senior fellow, McKinsey Global Institute told the IntraFish Seafood Investment Forum in London, Tuesday.
Download Thompson's full presentation here.
Addressing the question on how the world will meet the demand of feeding 9 billion people by 2050, Thompson said the fisheries and aquaculture sectors had an important role to play.
Global food demand is projected to increase 70 percent by 2050, he said, driven by the growth of emerging markets such as China and India, and predominantly the middle class consumers, and rising prosperity in these markets.