Next Generation Land-Based Aquaculture

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Key Issues / Trends

 Global seafood crisis: depleted wild fisheries cannot meet rising demand from population growth.

 By 2030, aquaculture will produce 90% of world supply.

 U.S. seafood trade deficit: with a growing seafood trade deficit (currently at $8 billion per year), the U.S. is increasingly dependent on seafood imports.

U.S. is falling behind in aquaculture production capacity.

 Disease/contamination risks: pollution, avian influenza, Mad Cow Disease, feedlot issues, and other problems pose threats to domestic protein production.

Many existing fish farms also have inherent risks and limitations.

 Increasing per capita consumption: consumer preferences are shifting to seafood as a safer and healthier source of protein.

Consumers want contaminant-free seafood from sustainable sources.

 Economic development/ diversification: the Gulf Region and other rural areas need new industries and skills to rebuild and compete in the global economy.

Land-based aquaculture not limited to coastal areas.

Our Solution

Land-based, recirculating aquaculture systems using proven, state-of-the-art technologies from our technology partners, UNI-Aqua (Denmark) and Fish Protech™ (Australia):

• Commercially successful over a 15-year period.
   

• Integrated, off-the-shelf systems
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• Resource efficient: 97-99% water re-use, maximum feed conversion (10x more efficient than open ponds or flow-through systems), no environmental discharges.
   

• Enclosed: quarantine quality to keep out pathogens.
   

• Organic quality: no antibiotics, hormones, or other additives required.
   

• Closer, faster and fresher to market: land-based systems can be located closer to the marketplace, reducing transportation costs and delivering a much fresher product

Interior of Barramundi Facility in Australia

Exterior of Halibut Facility in Dønna, Norway

Fresh Barramundi, Ready for Market (Malaysia)

Market Drivers

 
Additional seafood supply needed to meet population growth: Additional 96,000 tons of annual production for U.S. alone by 2010.

 Demographic trends favor seafood: U.S. population is older, more Asian, and more Hispanic — groups that tend to consume more seafood.

 Government/health advocates promoting seafood: recommended 12 ounces per week (if followed, see chart below) would more than double per capita consumption.

 Increasing demand for natural, organic foods: Fastest growing segment of the food industry.

 Increasing demand for packaged, ready-to-eat seafood: Aquaculture Developments’ systems deliver consistent, reliable supplies.

U.S. Seafood Consumption: Opportunity for Growth
Increase in per capita seafood consumption if consumers follow dietary recommendations of 12 ounces of fish per week