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How Global Demand For Fish and Seafood is Changing Retail

The global demand for fish and seafood is rapidly increasing, projected to double by 2050. However, this poses a challenge in managing fish stocks sustainably. In the UK alone, annual consumption amounts to £5.7 billion from over 85 countries. Alarming statistics from the WWF indicate that almost one-third of monitored global fish stocks are overfished, and over 60% are fished to their maximum sustainable yield. With fish consumption estimated to reach 180 million tonnes by 2030, innovative solutions are crucial. Discover how revolutionary technologies and practices in aquaculture are shaping a sustainable future in our latest blog.
Riana Lynn
5 min read
June 30, 2023
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The global demand for fish and seafood is rapidly increasing, projected to double by 2050. However, this poses a challenge in managing fish stocks sustainably. In the UK alone, annual consumption amounts to £5.7 billion from over 85 countries. Alarming statistics from the WWF indicate that almost one-third of monitored global fish stocks are overfished, and over 60% are fished to their maximum sustainable yield. With fish consumption estimated to reach 180 million tonnes by 2030, innovative solutions are crucial. Discover how revolutionary technologies and practices in aquaculture are shaping a sustainable future in our latest blog.

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Key takeways
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It's an economics story. Plant-based now hits four reported metrics at once margin, scope-3, nutrition, and traceability.
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The supply base caught up. Tier-1 pea, faba, and chickpea isolates reached spec parity with whey this year.
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Speed is the unlock. A three-week supplier email chain becomes a four-minute query with ingredient intelligence.

In the UK alone, we consume £5.7 billion worth of fish and seafood annually, sourced from over 85 countries. Shockingly, nearly one-third of monitored global fish stocks are overfished, and more than 60% are fished to the maximum sustainable yield, according to the WWF.  

With the global consumption of fish estimated to reach 180 million tonnes by 2030, we must find solutions to preserve our ocean's finite resources. Discover how innovation is shaping the future of aquaculture in our latest blog and learn about the groundbreaking technologies and practices that are revolutionizing fish farming and enabling us to produce seafood sustainably.  

About the Author
Riana Lynn

Scientist. Nutrition Leader. Founder of Journey Foods

Frequently asked questions

Structured Q&A  marked up with FAQ Page schema so it can be surfaced and cited by Al engines and search.

Is plant based reformulation actually cheaper than 
animal protein?

In Journey Al's 12 month dataset, the median plant protein reformulation came in -6.5% on raw material cost versus an animal protein control the first year that line went negative, driven by Tier 1 isolate suppliers reaching spec parity.

How much does plant based reformulation improve 
nutrition scores?

In Journey Al's 12 month dataset, the median plant protein reformulation came in -6.5% on raw material cost versus an animal protein control the first year that line went negative, driven by Tier 1 isolate suppliers
reaching spec parity.

What's the supply chain risk of switching?

In Journey Al's 12 month dataset, the median plant protein reformulation came in -6.5% on raw material cost versus an animal protein control the first year that line went negative, driven by Tier 1 isolate suppliers
reaching spec parity.

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