Industry challenges and business opportunities
The customer driven demand for sustainability and traceability creates business challenges.
- Biological challenges and diseases are two of the major concerns the industry faces going forward. Most of the new innovations are focused on making aquaculture more sustainable, decreasing biological challenges while, at the same time, increasing volumes in the long run.
- New solutions to both monitor, control and prevent parasites are vital to secure a profitable and sustainable future growth in the industry.
- Future regulations will drive focus on both reduced carbon footprint and increased fish health and fish welfare. This development is imperative for future growth in the industry.
- Feed accounts for more than 80% of the emissions per unit of salmon and 46% of the production costs. Innovative and new feed ingredients are critical to comply with regulations and global sustainability goals.
- One kilo of produced salmon creates 0.5 kilo of biological offshore waste (feed and faecal waste. In addition, comes trimmings from VAP process). Handling waste will reduce biological footprint, and reuse will create circularity in the value chains.
- Expected changes in regulations for production sites/locations will make production onshore and further offshore will gain traction. To achieve that, new solutions in production technology is needed.