Atlantic Salmon Farming in Hot-Climate Geographies – Now Seeking Pilots

Further Details
By Dr. Sharon Gotteiner, CPA
Sharon Gotteiner

Dr. Sharon Gotteiner is a Certified Public Accountant (CPA) specializing in the assessment of the financial feasibility of new business ventures, business models, and deal structures. Dr. Gotteiner has extensive experience working with technology startups and established corporations worldwide, catalyzing strategic initiatives aimed at improving financial performance and enterprise valuation. Academic background: PhD in Strategic Management (UIC, Barcelona, Spain). Co-author of highly cited academic publications, including Fighting organizational decline: a risk-based approach to organizational anti-aging, Turnaround types, stages, strategies, and tactics: Putting things in order, and The OPTIMAL MBO: A model for effective management-by-objectives implementation.

 

Salmon production is still geographically limited: About 67% of global Salmon production is done in Norway, Chile, Canada, and the European Union. As such, Salmon availability is geographically limited mainly to close-by regions: Its main consumer markets are the European Union, United States, Brazil, China, Japan, and Russia. Other regions face reduced levels of supply, higher costs of shipping, and higher consumer prices.

About half of Salmon supply is produced through farming, rather than fishing. But Salmon farming is being limited by the producing countries too, for environmental considerations.

A new method has recently been developed for Salmon farming in hot climate countries. It allows for growing Atlantic Salmon in recirculating aquaculture systems (RAS) while applying water-treatment processes to ensure that conditions remain right for the fish. It also allows for locating farms closer to consumers who currently face limited Salmon supply. To date, Salmon is successfully being farmed in semi-desert conditions. The following photos are taken from various stages of the farming so far:

The Company is now seeking pilots with fisheries, potential distributors, or retail networks in hot-climate countries.

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