It is fact that aquaculture industry has fluctuating prices, disease and dumping duties but it has good returns and it has promising future if maintain properly. In the entire global food industry, aquaculture and seafood are among the branches enjoying the most growth. Fish farming and value-added seafood processing will be huge winners over the next decade. But it is true that the industry is completely spooked by the issue of disease, which has always been around, and will always be around.
According to the experts disease like pancreatic one is a very serious threat as it has a “knock-on” effect, hitting farm after farm along Norway’ s coastline. Globally major seafood companies are changing ownership and the foundation of the future seafood industry is being laid down. It is found that clear prime fish farming real estate and clean water are global commodities that will soon be in short supply.
Experts believe that companies with control over production licenses will be guaranteed good profits over the long run. The other obvious winner will be companies that have control over advanced value-added process production – convenience food producers, supermarket and restaurant distributors, and possibly even brands themselves.
There is no doubt that Norwegian companies secure no position in value-added processing and distribution. Norway has to create global position in this sector. Experts said that it is right time for Norway to bid for the future of its aquaculture.
