Focus on salmon feed with microalgae

April 25 2017

Lerøy will from next month produce salmon products rich in healthy fatty acids – with a reduced usage of scarce marine raw materials. A close cooperation between Lerøy and BioMar is going to ensure that salmon farmed by Lerøy will benefit from a sustainable high level of Omega 3-DHA in the feed partly deriving from the microalgae ingredient, AlgaPrime DHA.

Lerøy states that this cooperation is an important step taking responsibility for building an even more sustainable aquaculture.

Lerøy is now entering a new area of sustainability. Salmon, above 1 kg, will from next month be farmed by the use of feed formulated with microalgae, a sustainable, Omega-3-rich whole algae ingredient developed by TerraVia in partnership with Bunge. Using the new ingredient Lerøy unreserved embarks a journey of reducing dependency of marine ingredients.

“For the end-consumer this change means that we will be able to keep the high level of healthy Omega 3 in the ‘Lerøy Salmon’. We know there will be a lack of fish oil in the future and that we have to find alternatives to fish oil, as a feed ingredient, if we want to keep the high level of healthy Omega 3 that we have in the salmon today. With the use of feed formulated with microalgae we are certain to maintain the high level for many years to come”, states Henning Beltestad, CEO in Lerøy Seafood Group.

The feed supplier BioMar has developed a range of feed solutions for Lerøy, where a part of the high level of healthy Omega 3 is obtained through use of microalgae.

“We farm salmon for the end-consumer. We know that the consumers all over the world care about the sustainability of our activities and the nutritional quality of our salmon. Through this efficient cooperation we have been able to take the volume of salmon being fed in a more sustainable way to a significant level within a short time frame. BioMar has been at the forefront looking out for new opportunities within sustainable ingredients, and we need new raw materials to be able to follow the demand for healthy seafood. To us it is extremely important that the entire value chain takes responsibility in developing an even more sustainable aquaculture”, explains Henning Beltestad, CEO in Lerøy Seafood Group and continues:

“The consumers must be able to choose from a healthy salmon product range with a solid sustainable profile every time they select the ‘Lerøy Salmon’. We would like to take this step wholehearted as we believe that it is important for the industry to engage in implementing new feed solutions that balances high health value and sustainability”.

BioMar has been taking lead in developing and testing feed with microalgae, bringing new feeds incorporating the ingredient to the market at a commercial scale in 2016. Since September 2016 more than 40.000 tonnes of feed has been brought to market – mainly consumed by Lerøy.

“We are very pleased that we have been able to contribute to developing healthy and sustainable salmon products together with Lerøy. It is vital to BioMar working in a close partnership with our customers and suppliers. To us it is evident that we need cooperation to develop the industry”, states Jan Sverre Røsstad, Vice President for the Salmon Division in BioMar Group.

As a supplier of microalgae Omega-3s to the aquaculture industry, TerraVia’s joint venture with Bunge has experienced the close cooperation with BioMar and Lerøy as a very valuable way to innovate aquaculture:

“Lerøy and BioMar have collaborated closely with us throughout the commercialization of AlgaPrime DHA to ensure that we are delivering sustainable, cost effective, and relevant products at the right scale to meet the challenges of the salmon industry. By leveraging our respective core competencies, we’re now able to create meaningful results for consumer health, and to broaden the available pool of Omega-3 oils for aquaculture, enhancing the sustainability of the industry. TerraVia’s joint venture with Bunge in Brazil has successfully scaled its AlgaPrime DHA Omega-3 manufacturing capability, and is now delivering consistently as a critical ingredient of BioMar’s feed formulation for Lerøy” explained Graham Ellis, Senior Vice President of Business Development at TerraVia. 

About Lerøy

Lerøy Seafood Group ASA is one of the world's leading seafood groups and has its head office in Bergen. The Group has more than 3,500 employees at home and abroad. The Group supplies a full range of seafood and has customers in more than 70 different countries. The Group's core activities comprise a vertically integrated value chain for the production of salmon and trout, catches of whitefish, processing, purchasing, product development, sales, marketing and distribution of seafood. The Group operates via a number of subsidiaries primarily located in Europe, and has a network of sales offices close to the most important markets. The Group's main goal is to meet customer requirements for cost-efficient and consecutive supply of a wide range of sustainable and healthy, high quality seafood products. In 2016, the Group reported revenue of NOK 17.2 billion.

About BioMar

The BioMar Group is a leading supplier of high-performance feed to the global aquaculture industry. Currently, BioMar Group operates 13 feed factories in Norway, Chile, Denmark, Scotland, Spain, France, Greece, Turkey, Costa Rica and China. Roughly one out of five farmed fish produced in Europe, South and Central America is fed on BioMar fish feed. Worldwide, BioMar Group supplies feed to around 80 countries and for more than 45 different fish species. The BioMar Group is wholly owned by the Danish industrial group Schouw & Co, which is listed on the Copenhagen Stock Exchange. Learn more about the company purpose “Let’s innovate aquaculture” and the BioMar Group on www.biomar.com

About TerraVia

TerraVia Holdings, Inc. (NASDAQ:TVIA) is a plant-based food, nutrition and specialty ingredients company that harnesses the power of algae, the mother of all plants and earth's original superfood. With a portfolio of breakthrough ingredients and manufacturing, the Company is well positioned to help meet the growing need of consumer packaged goods and established and emerging food manufacturers to improve the nutritional profile of foods without sacrificing taste, and to develop select consumer brands. The Company also manufactures a range of specialty personal care ingredients for key strategic partners. Headquartered in South San Francisco, the Company's mission is to create products that are truly better for people and better for the planet. For additional information, please visit TerraVia's website at www.terravia.com.

 About Bunge

Bunge Limited (www.bunge.com, NYSE:BG) is a leading global agribusiness and food company operating in over 40 countries with approximately 32,000 employees. Bunge buys, sells, stores and transports oilseeds and grains to serve customers worldwide; processes oilseeds to make protein meal for animal feed and edible oil products for commercial customers and consumers; produces sugar and ethanol from sugarcane; mills wheat, corn and rice to make ingredients used by food companies; and sells fertilizer in South America. Founded in 1818, the company is headquartered in White Plains, New York.