By strategically sourcing raw materials, improving feed efficiency, and fostering value-chain collaborations, the industry can navigate the current pressures and move toward a more sustainable future.

Experts discussed the potential of gene editing technology in advancing fish health and promoting sustainable aquaculture at the North Atlantic Seafood Forum.

"We need to remove self-imposed restrictions," said Skretting CEO Therese Log Bergjord at NASF in a call to action for the whole value chain to reduce feed costs in Norway.

In the current market volatility, the company has been using its strategic position in the global food supply chain to explore alternative protein choices, invest in new technologies, and source sustainable raw materials.

Market prices, overproduction issues and sustainability of some large companies have been some of the main challenges in 2023.

Low prices and low demand have been the main concerns for the shrimp industry in 2023. Would the market challenges improve in 2024?

The combination of two powerhouses in water technology created the world’s most advanced platform of capabilities to address customers’ and communities’ critical water challenges.

The main discussions were focused on the current low shrimp price crisis due to oversupply and how to make the industry more profitable and more resilient.

High raw material costs are affecting shrimp farmers but also feed producers, a situation that was forecasted to change in the next nine months.

“The launch of this framework for credible AIPs, together with the support and investment that ASC aims to provide to the sector, will be a game changer to the industry,” said Roy van Daatselaar in an interview at the launch of the program.