Spheric Research has developed a proprietary points system to track the progression of projects globally in its 2024 Land-based Aquaculture Report (LBAR).
Findings include:
- US red tape: Regulatory hurdles and apathy from the financial sector mean the US is failing to build a domestic aquaculture industry
- Japan advances: A strong seafood industry, government backing and buy-in from major lenders means Japan is one of the most active countries in the world in developing land-based salmon projects right now
- Iceland technology: Several projects are going ahead to develop hybrid flow-through systems. The government and banks are backing Icelandic aquaculture as the evolvement of a centuries-old fishing industry
The LBAR report, distributed by Undercurrent News, offers a detailed country-level ranking of land-based and hybrid flow-through aquaculture operations and projects. Email us at [email protected] for more information, or click here to get a free sample and buy the report.
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