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BIM: Larger Scale Industry Vital To Promote Seafood Industry

Published on Apr 2 2014 10:25 AM in Retail

BIM: Larger Scale Industry Vital To Promote Seafood Industry

A conference called ‘Capturing Ireland’s Share of the Global Seafood Opportunity’ is underway at the Aviva Stadium, Dublin. The conference, which has attracted 200 delegates from the seafood, banking and investment industries, was arranged by Bord Iascaigh Mhara (BIM) which estimates that global sales of Irish seafood could increase to €1 billion and create 1,200 more jobs by 2017.

At the event BIM’s chief executive Jason Whooley said, “Ireland is being presented with opportunities for unprecedented sectoral growth that are largely dependent on our ability to produce and supply fish and related products to an increasing world population and its growing demand for seafood which will see the global requirement for fish grow by an additional 42 million tonnes per annum by 2030.

Whooley said that the opportunities being presented to industry can only be fully utilised if Ireland increases sustainability, competitiveness, grows industry scale and expands the raw material base. The Irish Seafood sector was worth €810 million in 2013 with increased demand from Asia- Irish shellfish exports to Asia increased by 34% from 2012 last year. BIM aims to assist the sector to build scale in the coming years.

© 2014 - Checkout Magazine by Paul Campbell.

 

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