Chief Commercial Officer
Right now several factors are challenging our existence.
A profound change of the global food and agriculture system is needed if we are to nourish the 821 million people who are hungry today and the additional 2 billion people expected to be undernourished by 2050.
Investments in agriculture are crucial to increasing the capacity for agricultural productivity and sustainable food production systems are necessary to help alleviate the perils of hunger.
Aquaculture is the fastest-growing food sector and has the potential to produce the fish needed to meet the demand for safe and highly nutritious food by a growing population - if developed in a regulated and socially responsible way.
The key for achieving the required growth in aquaculture is a sustainable and adequate supply of fishmeal and fish oil as feedstock.
And because of our role in the food chain, we can make a difference.
In 2018, an estimated 75% of fishmeal and 73% fish oil produced went to aquaculture. For the raw material, 1kg of fish through the use of aquaculture produces over 4.5 kg of farmed seafood. When comparing processed products, 3.5 million tonnes of fishmeal and 700,000 tonnes of fish oil, produces more than 44 million tonnes of fed farmed seafood with the benefit of the additional predominantly plant-based ingredient supply.
This equates to an incredible multiplier effect of producing more than 10 times their volume in farmed seafood, illustrating the true importance of fishmeal and fish oil to global farmed seafood production.
The oceans cannot naturally provide the demand for seafood. Aquaculture is the tool to fill in the gap of seafood supply.
Farming fish responsibly and sustainably is the solution to providing future generations with access to healthy and environmentally friendly protein options.
The “feed-conversion ratio” is the amount of feed required to gain one pound of body mass. By this measure, farming salmon is about seven (7) times more efficient than raising beef.