Recently an article was published by Mr. Michael Helmstetter on the Forbes.com website (https://www.forbes.com/sites/michaelhelmstetter/2019/04/04/the-aquaculture-industry-an-ocean-of-investment-opportunity/#5646c47e5666). The article is entitled “The Aquaculture Industry: An Ocean Of Investment Opportunity”.
It is remarkable in that it lays out the current state of aquaculture and the challenges. He points out “Aquaculture is the fastest-growing sector in the food animal industry. The global human population will eat 30 million tons of fish by 2030, according to the United Nations Food and Agriculture Organization.
The industry, however, is yet to overcome many of the technological challenges of scaling to meet this demand. It is a decade or more behind all other production animals with respect to innovation — and thus is one of the more attractive opportunities we’re seeing for agtech investors and startups alike.”
He asks “How do we go from a cultivation regimen stuck in the 1980s to a massively scalable, sustainable, $150 billion industry? ”The answer has to be “investment”.
There is “An Ocean of Investment Opportunities”
In terms of fish consumption, all trends point upward. World fish production is expected to see sustained double-digit growth. There is an enormous need for innovation and high-risk capital to fuel the change.
We’re already seeing advancements in terms of new ways to deliver vaccines (full disclosure: this is an area TechAccel is actively investing in), new types of fish food (such as black soldier flies and mealworms) and developing fish and shellfish that are more tolerant of stress associated with changing conditions. Such research and development is coming right in the nick of time: the FDA only recently completed its regulatory infrastructure for aquaculture fish, and the UN estimates that one-third of the world’s oceans are already overfished.
There is hope on the horizon in the form of new startups, accelerators and venture capitalists focused on international aquaculture. For existing enterprise players, and those looking for new types of agtech opportunities, there is no better time to learn the value of aquaculture to the evolving world population, how aquaculture works and the associated risk/reward, and the encouraging economics for innovators, investors and animal health industry leaders.
Developing and implementing new shrimp production technology is what Royal Caridea is all about. Royal Caridea is totally divoriced from the 1980’s technology. Royal Caridea technology is scalable, can be implemented close to markets and is sustainable.
A key issue within the sector overall, according to the report, is a lack of transparency and data availability along the entire supply chain.