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
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