Aquaculture set to grow

Aquaculture, commonly known as fish farming in the industry, first took off in Scotland in the 1970s and produces around 200,000 tonnes of fish and shellfish annually. It is valued at over £467 million in production and is listed in the world league table of food production as the fastest growing sector.

With consumers enjoying five times more shellfish and fish than they did in 1984 and Scotland's Food and Drink Strategy recognising the fish/shellfish industries importance to the healthy, natural and organic market, aquaculture is recognised as a very high growth market with real competitive potential.

However, with the diminishing stocks of cod and other wild species, global aquaculture production will have to double by the year 2030 to keep up with the demand.

Therefore Scottish Enterprise wants to maximise the opportunities offered by the development of aquaculture and encourage established Scottish fish farmers to innovate and take full advantage of the growth potential of fish production.

Research reveals new opportunity

Recent research undertaken by the Institute of Aquaculture at Stirling University has identified that tilapia has been recognised as a highly suitable species of fish for low cost aquaculture as they can be grown on an herbivorous and protein diet. Their white firm flesh also makes them a potential substitute for the diminishing white fish species. Under optimum conditions these fast growing warm water fish can reach market size of 500g in 6-8 months as opposed to trout and salmon which takes 18-24 months to reach market size.

Research has also identified an unfulfilled demand for fresh tilapia from ethnic and green consumers as well as the high-end restaurants, gastro pubs and hotels within urban areas.

Kate Henderson of Scottish Enterprise commented "Scottish Enterprise focuses on industries with the potential to drive better economic growth and aquaculture is high on the list just now. We are looking to identify interested individuals and companies within Scotland who may already be an existing fish farmer, a farmer looking to diversify or processor. We would also be interested in working with businesses that have a source of industrial waste heat who would like to participate in developing this new exciting technology as a business."

Expert advice and an introduction to the technologies required and on the job mentoring are being offered. Businesses will receive up to 15 days on the job mentoring, with supporting materials and documentation. In addition, businesses will receive assistance to develop a marketing strategy in line with new product development.

To find out more please contact Kate Henderson on 01387 245209 or email kate.henderson@scotent.co.uk

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