As part of a longstanding commitment to safeguard the world’s oceans, Skretting has allocated US$2 million to enable the development of alternative aquaculture feed ingredients.

Skretting is committing to funding worth US$2m to develop alternative feed ingredients Photo: Skretting

Skretting is committing to funding worth US$2m to develop alternative feed ingredients Photo: Skretting

This voluntary pledge will be made at the sixth Our Ocean Conference (OCC), being held in Oslo on 23 - 24 October.

“For aquaculture to meet its full potential, the sector will need access to sufficient volumes of these novel ingredients," explained Trygve B Lea, sustainability manager at Skretting. "At the same time, Skretting recognises that these technologies are only able to reach scale through collaborative efforts."

“This Our Ocean commitment is focused on overcoming this significant barrier and providing a fast-track to market for these innovations. The hope is for the first few novel raw material sources to achieve scale-up in 2020,” he added.

The application of sustainable novel ingredients in aquafeeds, both through replacement and interchange, is recognised as a viable means to achieve increased flexibility and lower the dependence on finite marine ingredients.

Through its mission of ‘Feeding the Future’, Skretting is focused on increasing the flexibility of the macro- and micro-ingredient inclusion in its aquaculture feeds. A key aspect of this ambition is development of the circular bioeconomy through the use of proteins generated from waste streams.