IN BRIEF - Fishmeal Market to Reach a Valuation of USD 10 Billion by 2027
Thursday, May 23, 2019
Future Market Insights has analysed various facets of the global market for fishmeal in its new research publication titled “Fishmeal Market: Global Industry Analysis (2012-2016) and Opportunity Assessment (2017-2027)”.
The raw data obtained from secondary research has been filtered, well-furnished and arranged in a systematic format with the help of which key insights have been derived. The market is thoroughly analysed to gain intelligence on the various market trends changing the course of the market, the drivers that further the growth of the market, the opportunities that shape the future of the market and the restraints that hinder the growth process of the global fishmeal market.
These various facets have been analysed across key regions in the globe including North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Japan and Middle East and Africa (MEA) to gauge the intensities of these facets and their impact on the overall market expansion. Based on historical data and current scenario, future insights on the market based on value and volume projections for a period of ten years have been included in this research report across each segment of the global fishmeal market.
The consortium – led by Cooke Aquaculture and the Scottish Association for Marine Science (SAMS) with funding from the Scottish Aquaculture Innovation Centre (SAIC) – is exploring how measuring sulphides on the seabed could better track the impact of biomass from fish farms at six sites in Scotland and Canada, the SAIC wrote in a press release on Monday.
The study will be supported by Nova Scotia-based Dalhousie University, the University of the Highlands and Islands (UHI) and Fisheries and Oceans Canada (DFO) and the new approach is expected to monitor the impact of fish farms more quickly, accurately, and cost-effectively. The consortium is also consulting the Scottish Environment Protection Agency (SEPA).
Miami-based tilapia breeder Spring Genetics and El Salvador’s Acceso Oferta Local – Productos de El Salvador, SA DE CV have signed a distribution agreement to supply Salvadoran tilapia farmers and local organisations with high-quality tilapia fingerlings.
The agreement features the latest and improved genetics from one of the most advanced tilapia breeding programs in the world.
The tilapia strain is marketed under the Spring Tilapia brand has been recognised by tilapia producers in the USA and Latin America. Their stock has been selected for 19 generations on major commercial traits such as fast growth, survivability, disease resistance and fillet yield, and is the only tilapia strain with improved resistance to Streptococcus agalactiae and Streptococcus iniae in their genes.
BIDDEFORD, Maine - A Maine university will play a role as the American representative in a new international aquaculture project funded by the European Union.
The University of New England says it will be a part of the AquaVitae Consortium, which is aimed at speeding up development of sustainable aquaculture in countries along the Atlantic Ocean. The European Union is funding the $8.9 million project through the Horizon 2020 program.
The university is joining 35 other groups on the project. The project is focusing on aquaculture of species that are low on the food chain. The effort has partner groups in places as far apart as Brazil and South Africa.
HÀ N?I - A group of young artists from a social enterprise in Hà N?i have brought new life to tens of thousands of used plastic items and transformed them into impressive artworks which are on display at an ongoing exhibition in the capital.
Opened to the public at the Vincom Centre for Contemporary Art (VCCA) on Friday, the exhibition Plastic Planet presents a serious message about the environment, especially the harmful effects of plastic garbage.
The highlights of the exhibition are four large installation artworks, including L?c Xoáy (Tornado) – a 4.5m high installation created from thousands of used plastic items.
The estimated value of the contract is EUR 11.9 million and, subject to financing and regulatory approvals in Russia, the project will be completed in the second quarter of 2020, with production starting in 2021.
AKVA group Denmark is a wholly owned subsidiary of Norwegian AKVA group, which has recently expanded its land based division.
The company announced earlier this month that it was opening a new RAS (recirculating aquaculture systems) office in Trondheim.
BRUSSELS - Almost a third of branded food products sold in the European Union have the same or similar packaging, but different contents, according to a report published by the European Commission on Monday.
However, the report did not find that there was a noticeable split between the east and west of the bloc, despite complaints from former communist countries that multinationals sell lower quality food in their markets.
The study into nearly 1,400 samples of 128 different food products in 19 EU countries found that 9% of products had identical and 22% similar package fronts, but different compositions.
AKVA group Denmark A/S, a wholly owned subsidiary of AKVA group ASA, has won a tender for delivery of a new smolt facility in Murmansk, Russia, to Russian Aquaculture Llc. The estimated value is EUR 11,9 million. The final contract is not yet concluded and are amongst others subject to financing and regulatory approvals in Russia.
Last week, this newspaper reported about two studies that have warned that fish populations along Maharashtra’s coast could collapse because of overfishing and killing of juvenile fish.
Research by the Mangrove and Marine Biodiversity Conservation Foundation of Maharashtra says that illegal fishing methods — such as using banned nets — are killing juveniles that have not had a chance to breed. Many of these species are listed as threatened in the International Union for Conservation of Nature’s list.