Securing the Sustainable Development of Aquaculture by Increasing the Availability of Marine Omega-3
It was recently announced that a whole algae ingredient with an extra high marine omega-3 content was being tested for use in
fish feed. This algae ingredient secures greater access for aquaculture to essential marine omega-3 fatty acids. The BioMar Group
is now launching a fish feed containing marine fatty acids from microalgae.
Easing the pressure on marine resources
Essential fatty acids extracted from microalgae are now available for the first time in significant quantities, from a
sustainable source that is not based on marine harvesting. The importance of aquaculture in meeting global food needs is increasing
and this expansion of the industry is driving demand for omega-3. Over time, the algae ingredient will ease the pressure on marine
resources and help ensure that the availability of omega-3 will no longer restrict development. The new algae ingredient now being
delivered to BioMar has been developed by TerraVia Holdings (NASDAQ:TVIA) (“TerraVia”) and Bunge Limited (NYSE:BG) (“Bunge”) and is
produced at their joint venture renewable oils manufacturing plant in Brazil.
A game changer
The launch of feed containing microalgae offers the industry new opportunities for sustainable development. Annual production of
fish oil rich in omega-3 is less than one million tonnes. The global supply of omega-3 sourced from fisheries is not expected to
increase. The BioMar Group therefore regards the algae ingredient as a game changer that will be of vital importance to the future
development of the fish farming industry.
Very excited
BioMar’s Vice President North Sea, Jan Sverre Røsstad, explains: “Current sustainable and certified sources of omega-3 are
limited in terms of volume, be it fish meal and oil or krill meal, which BioMar was a prime mover in introducing into the
aquaculture. We are very excited that our collaboration with TerraVia and Bunge has put us in a position to draw on yet another
sustainable source of omega-3. Our hope is that this move on our part can contribute to the continued growth of our industry.”
In line with new strategy
The BioMar Group recently published a new purpose statement and is currently preparing to launch a new corporate strategy. “Our
guiding principles for the new strategy are Innovation and Sustainability, as well as Cooperation and Performance. The
collaboration with TerraVia and Bunge goes very well in line with our new strategy as a focused aquaculture feed supplier and it
will, for sure, be an important step for continuing the development of sustainable aquaculture worldwide,” adds Carlos Diaz, CEO of
the BioMar Group.
BioMar Group is a leading supplier of high-performance fish feed to the global aquaculture industry.
Currently, BioMar operates 11 fish feed factories in Norway, Chile, Denmark, Scotland, Spain, France, Greece, Turkey and
Costa Rica. Roughly one out of five farmed fish produced in Europe and South and Central America is fed on BioMar fish feed.
Worldwide, BioMar Group supplies feed to around 80 countries and for more than 45 different fish species. The BioMar Group is
wholly owned by the Danish industrial group Schouw & Co, which is listed on the Copenhagen Stock Exchange.
BioMar AS
Jan Sverre Røsstad, +47 908 81 511
VP North Sea
jan.sverre.rosstad@biomar.no
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