The world needs high quality aquaculture.
The expansion of fish farming is driven by the world’s growing population. Since wild fish resources are limited, the increasing need for fish as a healthy and affordable source of protein, can only be filled by aquaculture.
United Nations has determined that seafood has a vital role to play in feeding the rapidly growing global population, providing a healthy, affordable source of protein to the people.
Market drivers.
10.9 billion
The world’s estimated population by the end of the century.
30 %
Rise in demand for fish by 2050.
100 %
Required growth in aquaculture by 2050 to meet the demand.
USD 260 billion
USD value of the global aquaculture market in 2020. The market is estimated to reach USD 360 billion by 2027.
527 %
Rise in global aquaculture production from 1990 to 2018.
20 %
Increase in the ocean’s yield if ending overfishing and rebuilding depleted stocks.
Global seafood production.
The world’s population has quadrupled in the last 100 years, and will reach an estimated 10.9 billion people by the end of the century. Seafood has a vital role to play in feeding the growing global population, providing a healthy, affordable source of protein to the people.
Limited wild fish recourses means that the growing demand for fish must be filled by aquaculture. There is not enough marine feed to meet the need for an increasing aquaculture production – the demand exceeds the supply.
Attractive salmon market
The salmon market is expected to show attractive dynamics going forward, with global demand projected to grow by 6% annually. Yearly consumption of Atlantic salmon in Southern Africa currently stands at around 8,000 tonnes and is growing at twice the rate of the global average. By being located in Southern Africa, we will reduce costs and our environmental footprint, while increasing access to healthy and sustainable food.
Proximity to the Consumer
Lüderitz is within 24 hours’ reach of major markets in Southern Africa by road. Transporting salmon by truck to regional and national markets will significantly reduce the need for airborne transportation.
14 million meals.
Every day, 14 million meals of Norwegian salmon are consumed in more than 140 countries around the world. Our goal is that one day a signifant number of these meals come from salmon bred in the waters of Namibia and South Africa!
Norwegian farmed salmon is processed within just 6-8 hours and is ready for transportation to global markets the very same day.
