Monday, March 16, 2015

According to Food and Agriculture Organization data, by 2030 the gap between consumers’ global demand and offer for fishery products will reach 29 million tons. Given that natural resources are limited if not already scarce, the 29 million-deficit is more likely to be covered by aquaculture, which is expected to grow by 200% by 2030. This figure makes aquaculture the fastest growing industry in the primary sector.

In Greece, good news has been recently announced for small and medium-sized aquaculture businesses, which account for almost 30% of national production. With proper precautions taken for environmental safety, Greek local government is now invited to make provision for a favourable framework for small entrepreneurs to be involved in the business of aquaculture, designating special "Areas of Aquaculture Development". Local government is also invited to encourage the creation of clusters, avoiding fragmentation of the sector, which would inevitably make Greek businesses ineligible for funding from the European Maritime and Fisheries Fund.