David Williams: Aquaculture the most consumed protein in the world

Written on the 28 September 2016

DESPITE Australia's love for red meat, aquaculture remains the most consumed protein in the world.

Investment guru David Williams, of Kidder Williams, said this was because of the "unbelievable" amount of innovation in the white meat industries, especially compared to beef cattle.

"They've still got too many people pushing the same 20,000 head of cattle around the same paddock as they have for 200 years," he said.

"In aquaculture there is a continual focus on breeding and new genetics and new types of feed and animal husbandry to drive these changes.

"In chicken there has also been massive advantages in feed conversion ratio and how much feed you need to give to get a kilo of meat off of them."

In fact at 160 million tonnes a year, annual consumption of seafood outstrips pork at 114 million tonnes, chicken at 106 million tonnes, and is more than double the 68 million tonnes of beef eaten annually.

Mr Williams said beef producers needed to take a "hard look" at how they could farm better than they have for the past 100 years.\

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Source: The Weekly Times