With the middle class expanding in emerging economies, people’s diet will include more protein, Global X said. The firm noted that due to population growth, an additional 27 million tons of fishing production will be needed to maintain the present level of per-capita consumption in 2030.
“Companies that have the infrastructure to supply the rapidly growing demand for fish consumption, from aquaculture facilities to fish processing, are likely to benefit from these demographic and dietary trends,” said Bruno del Ama, CEO of Global X.
The fund tracks the Solactive Global Fishing Index.
