The insect sector is working on overcoming regulatory and consumer-acceptance barriers to promote growth in insect-based nutrition for aquafeeds.
Ocean Loop, a land-based shrimp producer in Germany, is watching the development of insect feeds closely and aims to eliminate the direct use of marine resources.
The use of insect meal shows potential in reducing carbon and land footprints compared to traditional fishmeal, promoting sustainability in the aquaculture sector.
Innovative solutions presented at the forum focus on improving aquaculture technology, reducing sea lice infestations, and optimizing feed conversion ratios for salmon.
Speakers emphasized the importance of sustainability in salmon farming, urging the industry to lower its feed conversion ratio and embrace novel feed ingredients.
Collaboration and leadership within the seafood industry are crucial to address challenges and drive sustainable food systems in response to growing global demand.
Blue Lice, a Norwegian aquaculture technology company, won the NASF Innovation Award for their solution to prevent sea lice infestations by capturing and destroying them before attaching to fish.
Overall, the North Atlantic Seafood Forum highlighted the importance of innovation, sustainability, and collaboration in advancing the aquaculture industry towards a more efficient and environmentally friendly future.
In addition to the key takeaways from the North Atlantic Seafood Forum, another important topic discussed was the rising feed costs and expected pricing volatility in the aquaculture industry.
As feed is a significant input factor in aquaculture operations, any increase in feed costs can have a considerable impact on overall production expenses. Fluctuations in feed prices can be influenced by various factors such as changes in raw material prices, supply chain disruptions, and market demands.
During the forum, industry experts shared insights on how the rising feed costs could affect profit margins for aquaculture businesses and the need for strategies to mitigate potential financial risks. They discussed the importance of optimizing feed efficiency, exploring alternative feed ingredients, and implementing sustainable practices to reduce reliance on traditional feed sources.
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