We have been working on aquaculture projects around the world for nearly 20 years. Our extensive experience in growing fish and in aquaculture led us to understand the market’s needs, challenges, and potential.
Demand for fish protein is on the increase due to population growth and is putting more pressure on both marine and fresh water stocks. More than 33% of ocean fishing is fully exploited due to overfishing (the practice of commercial and non-commercial fishing which depletes a fishery by catching so many adult fish that not enough remain to breed and replenish the population). Aquaculture, the farming of aquatic organisms for profit, is the only way to meet this growing demand.
Aquaculture represents 40% of the global fish supply and continues to be the fastest-growing animal food-producing sector. With limited availability of land and water, however, the only way to increase production in aquaculture is intensification: producing more fish per unit of area and water.
Current aquaculture systems are complex and very expensive. Nearly 70% of aquaculture takes place in small and medium farms in developing countries. Only easy-to-operate, lower cost systems will succeed in driving aquaculture to its needed production levels.
"To grow in a sustainable way, aquaculture will need to produce more fish per unit of land and water." (Janet Ranganathan, World Resourses Institute, "The Global Food Challenge Explained in 18 Graphics")
That is exactly what BioFishency is all about!