Domestically demand for seafood will increase not diminish and it will be fostered by population growth in the coming years. America is the number one consumer of shrimp in the world and almost all product is imported. It is also important to note consumption in other countries is going up rapidly due to improving economic conditions. America is going to face the economics of supply and demand in the near term.
In America more than 302 million hectares of land are devoted to producing feed for the U.S. livestock population — about 272 million hectares in pasture and about 30 million hectares for cultivated feed grains. Staying away from the social issues and looking at it strictly form the nutritional side; nearly 800 million people could be fed by all the grain currently fed to US livestock. In fact:
- 70% of United States grain goes to feeding farm animals.
- It takes almost 7 pounds of corn and soy to produce just one pound of pork.
According to a 2006 report by the Livestock, Environment And Development Initiative, the livestock industry is one of the largest contributors to environmental degradation worldwide, and modern practices of raising animals for food contributes on a “massive scale” to air and water pollution, land degradation, climate change, and loss of biodiversity. Aquaculture to is responsible for many environmental degradative practices (See Environment Tab).