The global aquaculture industry is expected to grow by 3-4 percent in 2018, with the salmon sector one of the major areas of increase, according to a report published by Rabobank today.
Dr Andrew Davie argues that, despite the struggles of Europe's cod and tuna aquaculture industries, there is still scope for the region’s fish farmers to diversify from the production of salmonid species.
An increasing number of salmon producers are diversifying into whitefish production and processing, notes Gorjan Nikolik, Seafood Analyst at Rabobank.
Here he explains the appeal of the sector and what the salmon producers are bringing to it.
Gaining Aquaculture Stewardship Council (ASC) accreditation for its rope-grown mussels last week will act as an added incentive for Loch Fyne Oysters (LFO) to achieve its ambitious growth targets, according to its managing director.
Revolutionary substitutes for salmon and tuna, made from marine microalgae, are due to be launched commercially in the EU next year, thanks to the development of novel technologies by a team of French algal experts.
