OmegaTech’s primary address is the feed supply manufacture and supply industry for fish farms ….
Increasing role of aquaculture in fish consumption – share of fish origination from capture and aquaculture for human consumption from 1950 – 2013
FAO data as taken from their Fishery Statistical Collections (http://www.fao.org/fishery/statistics/global-aquaculture-production/en)
However there are other significant markets which are looking to OmegaTech for a solution that can also be addressed:
In particular markets involving high value human consumption.
1 global infant formula
2 global Nutraceuticals
3 global Body building health
4 Third World full nutritional meal replacements low cost
5 Animal feeds & Pet food
The global infant formula market estimated at $7.9 billion
Baby Food in the UK” market grew by 38%. 2008 – 2013, (per baby born in the current year) at £865.8 Per capita expenditure in 2014, up by 40.8% on 2008
Euromonitor says the global sports nutrition industry was worth some £2.2bn in 2004 rising to almost £3bn in 2009. http://www.bbc.co.uk/news/business-12277808
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