Prospects for the development of the aquaculture industry

Farming is an important branch of agriculture, which mainly consists of three sub-divisions: poultry farming, livestock farming and aquaculture. Poultry farming takes poultry meat and eggs as its main output, while livestock farming takes pork, beef and mutton as its main output, and aquaculture takes aquatic products as its main output.

In recent years, the scale of output of the poultry farming industry has basically maintained an upward trend, while livestock farming and aquaculture have experienced a downward trend of varying degrees. In the future, the aquaculture industry will develop in the direction of scale, intelligence, branding and specialization.

The scale of the poultry farming industry has been growing steadily

In 2013-2019, China's poultry meat production was on an overall upward trend.In 2019, China's poultry meat production was 22.39 million tons, an increase of 3.42 million tons, or a growth of 17.15%, compared with 2018; China's poultry egg production was 33.09 million tons, an increase of 2.45 million tons, or a growth of 17.15%, compared with 2018 In 2020, the output of poultry meat was 23.61 million tons, an increase of 5.5%; the output of poultry eggs was 34.68 million tons, an increase of 4.8%.

Livestock meat production in 2020 is basically the same as the previous year

2013-2019, China's pork, beef and sheep livestock meat production fluctuates and changes in the trend, the output of 2019 declined more. 2019, pork, beef and sheep livestock meat production of 76.49 million tons, a decline of 10.2% over the previous year. Among them, pork production 42.55 million tons, down 21.3%; beef production 6.67 million tons, an increase of 3.6%; lamb production 4.88 million tons, an increase of 2.6%.

The larger decline in pork is mainly due to the occurrence of a larger domestic epidemic of African swine fever, resulting in a large number of hogs were culled, while the occurrence of swine fever epidemics have also affected the consumer side of the demand for pork.2020, pigs, cattle and sheep and poultry meat production of 76.39 million tons, a year-on-year decline of 0.1%. Among them, beef production of 6.72 million tons, an increase of 0.8%; lamb production of 4.92 million tons, an increase of 1.0%; pork production of 41.13 million tons, down 3.3%.

Scale of aquaculture industry in 2019 is the same as last year

In 2013-2017, China's aquatic product output showed a year-on-year upward trend, with a sharp decline after 2017, and the output of 2018 was basically the same as that of 2019.In 2019, the total national aquatic product output of 64.836 million tons, an year-on-year growth of 0.35%. Among them, aquaculture production was 50.7907 million tons, up 1.76 percent year-on-year, while fishing production was 14.0129 million tons, down 4.45 percent year-on-year.

The 13th Five-Year Plan for Fisheries Development puts forward the annual fish production of 66 million tons by 2020, but combined with the 2020 epidemic of new crown pneumonia, the actual production may be less than expected, the forward-looking estimate for 2020 is expected to achieve an annual output of 65 million tons.

Livestock and aquaculture main mode

Livestock and poultry farming main mode of specialization and self-management mode, "company + farmers" mode and "company + base + farmers" Three modes, each mode has its own advantages and disadvantages, play different roles in livestock and poultry farming.

China is a large agricultural consumer, but also a large consumer of aquatic products. With the strategy of consumer upgrading put forward, China's aquaculture model is also constantly innovating, has formed the following several more efficient, more environmentally friendly, more innovative mode of operation.

Future Development Trends

China's aquaculture development is mainly manifested in the following four trends:

The first is the scale of the current scale of aquaculture accounted for an increasing proportion of the bulk of the farmers, but scattered farmers still exist, the future of scattered farmers will not completely out of the market, but will be self-upgrading;

Second is the Intelligent, with the development of the domestic equipment manufacturing industry and the continuous introduction of foreign breeding equipment, intelligent inevitably become the choice of the industry;

The third is branding, with the improvement of the overall standard of living in society, the pursuit of quality of consumer goods is also higher and higher, to create an independent brand is an inevitable trend;

The fourth is the characteristics of the breeding, the integration of the development of rural and urban areas, prompting an increasing number of The integration of urban and rural development has prompted more and more city dwellers to experience life in the countryside, and the provision of specialty farming services can combine fun and agriculture and promote the formation of new business models.

-- For more research and analysis of this industry, please refer to the China Modern Agriculture Business Model and Industry Chain Investment Strategic Planning Analysis Report