Investing in Blue Foods 2026

Page 28 of 37 · WEF_Investing_in_Blue_Foods_2026.pdf

Calculating estimated increase in GDP (Figure 3) APPENDIX A2 No. Metrics Value Data source 1 Current blue foods production in Africa (2022)~13.1 m tonnesFood and Agriculture Organization of the United Nations 2 FAO’s projected blue foods production in Africa (2032)~14.2 m tonnesThe State of World Fisheries and Aquaculture 2024 3Estimated CAGR for blue foods production over 10-year period (2022–2032), based on FAO projection~1% N/A 4 Blue foods contribution to GDP (2022) $24 bnWorld Bank (dated estimate but most widely used across multiple recent reports) 5 Projected blue foods contribution to GDP (2032) $26 bnBased on same 1% CAGR; assumes increase in GDP from blue foods will match increase in production 6 Projected blue foods contribution to GDP (2050) $31 bnBased on same 1% CAGR; assumes increase in GDP from blue foods will match increase in production 7“Ambition” (production doubled to reduce protein gap by ~25%): Blue foods’ contribution to GDP by 2050$48 bn4 x2 Assumes potential for 2x increase in GDP from 2022-50 to match 2x increase in production 8Increment in ambitious scenario vs. current projections for GDP growth $17 bn 7 – 6 Calculating estimated increase in number of jobs (Figure 3) APPENDIX A3 No. Metrics Value Data source 9 Current number of jobs in blue foods sector 12.3 mWorld Bank (dated estimate but most widely used across multiple recent reports) 10 GDP to jobs multiplier for agriculture sector in Africa0.19 m jobs per $ billion increase in GDPAssumption based on range of increments in agriculture GDP in Africa versus increments in jobs from 2019-23 11Estimated increase in GDP by 2050 based on current FAO CAGR on production$7 bn6 – 4 see Appendix A2 figure 12Estimated number of jobs by 2050 based on current FAO CAGR on production13.6 m jobs ( 10 x 11 ) + 9 13“Ambition”: Estimated number of jobs in blue foods sector by 2050 if production is doubled to reduce protein gap by ~25%16.9 m jobs(( 7 – 4 ) x 10 ) + 9 see Appendix A2 figure 14Increment in ambitious scenario vs. current projections for number of jobs in blue foods sector$3.3 m jobs 13 – 12 Investing in Blue Foods: Innovation and Partnerships for Impact 28
Ask AI what this page says about a topic: