We frequently get questioned if any land-based aquaculture companies are profitable. Our current answer: look at Stolt Sea Farm‘s earnings. Part ofpublicly traded shipping and logistics firm Stolt-Nielsen, this producer of sole and turbot last recorded a loss in Q2 2021, a time when the pandemic hit the foodservice hard and the company traditionally experiences its weakest sales before…
After years of hype, land-based aquaculture is finally starting to deliver. In the 5th edition of the Land-based Aquaculture Report (LBAR), Spheric Research forecasts that volumes from modern flow-through, hybrid flow-through, and full RAS facilities will approach 200,000 metric tons by 2030. That’s equivalent to adding around 5% to global net pen Atlantic salmon supply — a major shift…
As the land-based aquaculture sector continues to mature, investment momentum is reaching unprecedented levels. Spheric Research analysis indicates that identifiable deal flow for land-based projects is on track to hit $2 billion in 2025, a clear signal of growing investor confidence in the industry’s on-growing systems. This forecast is supported by the remarkable activity observed this year, with the…
The Global Shrimp Forum Foundation has announced funding for a new research project to be conducted by Spheric Consumer. This builds on proprietary data from Spheric Consumer’s recent US market report, which examines the emotional and psychological associations consumers have with seafood, as discussed by the authors in the podcast below. The report commissioned by the Global Shrimp Forum Foundation…
The Kingfish Company successfully expanded its yellowtail farm in the Netherlands in 2023 and was on the verge of reporting breakeven for a commercial-scale RAS facility by the end of the year. Both The Kingfish Co and Nordic Aquafarms have been able to boost volumes of seriola fish and sell at higher prices in northern Europe despite challenging economic…
If you buy trout from a Helsinki supermarket, more likely than not, it was grown from egg to plate in a recirculating aquaculture systems (RAS) facility. Finnforel recently expanded its capacity to 3,000 metric tons a year, meaning two suppliers in the Scandinavian country — Finnforel and Fifax — account for almost half of global installed supply of trout…
Europe is cementing its status as the cradle of innovation for indoor shrimp farming innovation. Germany’s Aquapurna secured a €20 million investment led by K+S, one of the world’s largest fertilizer companies, and France’s Agriloops raised €13m in the past six months. There are now more operating farms in Europe than in Asia and with different investor profiles. Asian…
Kimberley Player led the research department at…
We are excited to speak at the…
