Ento-Protein™
Aqua Biologics, Inc. is in the process of developing
a revolutionary dietary nutritional product for animal,
and in the future, human diets. The key to the rapid
and successful expansion of global seafood production
is through the sustainable commercial production of
a high quality dietary protein. This would eliminate
the industry’s dependence upon wild fishmeal
as a dietary protein
Industry Bottleneck - Fishmeal
The
global aquaculture industry currently accounts for
over 45% of all seafood consumed. That figure has
been projected to increase to 75% over the next 20
years. While the industry is truly on a dynamic growth
path, it is nonetheless dangerously dependent upon
fishmeal as a key protein constituent in fish and
shrimp diets. The aquaculture industry is not alone
however, as cattle, poultry, hog and mink producers
utilize fishmeal as the primary protein source in
their diets as well. Currently ten countries produce
80% of all world fishmeal supply, and three of those
suppliers are net importers of product, thereby reducing
supply, not increasing it. These include the U.S.
and China. Production of fishmeal decreased 20% in
2006, and prices rose from $750/metric tonne to over
$1400/metric tonne. U.S. growers experienced four
feed price increases within a 16 month period.
A
staggering 25% of all world fish production goes into
fishmeal and fish oil ! Due to the fact that world
supply is so isolated geographically, every tonne
of fishmeal travels an average of 5000 km before it
reaches the end user. This has enormous economic implications
in supplying the global markets.
Clearly the future demand for fishmeal is on a rapidly
increasing track. With world fish stocks, and baitfish
stocks in particular, in decline, the stage is set
for a bottleneck that could severely limit industry
growth. In order to head off such a bottleneck, the
industry must eliminate its dependence upon fishmeal
(and fish oil) and develop sustainable dietary protein
sources that can be commercially produced with all
natural and organic products.
The very industry that has been called upon to bridge
the gap between demand and wild supply is now fully
dependent upon wild stocks for all of its diets. In
order to expand and succeed in the future, the industry
must develop its independence from fishmeal and wild
stocks. Diet ingredients must be produced from sustainable
sources to allow the unhindered expansion of global
seafood production.