Analysts with lender DNB estimate there is around 500,000 metric tons of new planned production in the land-based salmon sector now; more than double the figure of just two years ago.
In 2017 it issued a report on the sector, which found the numbers were beginning to make sense for the land-based sector in terms of financials and scale.
“Following up…we continue to see solid rationale for land-based fish farming given rising costs in – and ongoing challenges to – traditional methods,” wrote Alexander Aukner and Tone Bjornstad Hanstad. While some of the now-estimated 500,000t is delayed projects, “generally developments have grown in number and scale”. Read the article.