Shaivaa Algaetech, an Indian company, has been selected as one of the 10 finalists in the Future of Fish Feed (F3) krill replacement challenge. The challenge, which aims to develop innovative and sustainable alternatives to krill in aquaculture feed, attracted applications from over 40 companies worldwide.
The 10 finalists represent a diverse range of approaches to krill replacement, utilizing ingredients such as single-cell protein, fungus, black soldier flies, amino acid extracts, yeast extracts, and algae. Shaivaa Algaetech, with its focus on algae as a sustainable source of protein and omega-3 fatty acids, stands out among the finalists for its commitment to environmentally friendly aquaculture practices.
The finalists will now compete in a 12-week feed trial using Atlantic salmon, a species known for its discerning palate. Their products will be evaluated based on various metrics, including growth, feed consumption, and survival. The winner of the challenge will receive a USD 100,000 prize.
The F3 krill replacement challenge is significant for its potential to reduce the reliance on wild-caught krill in aquaculture feed, which has raised concerns about the sustainability of the fishery. By developing viable alternatives, the challenge aims to promote more sustainable aquaculture practices and reduce the environmental impact of the industry.
Shaivaa Algaetech’s participation in the challenge reflects India’s growing presence in the aquaculture sector. The company’s success could not only contribute to the development of sustainable aquaculture feed but also position India as a leader in innovation within the industry.
The other finalists in the challenge include:
- U.S.-based SPC LLC (spray-dried plasma)
- Brazil-based BRF Ingredients (chicken hydrolysate)
- China-based Calysseo (single-cell protein)
- Finland-based eniferBio (fungus)
- Singapore-based Entobel (black soldier flies)
- Netherlands-based Orffa Additives (amino-acid extract)
- France-based Phileo by Lesaffre (yeast extract)
- Netherlands-based Protix (black soldier flies)
- Germany-based Symrise (protein hydrolysate)
The F3 krill replacement challenge is expected to generate valuable insights into the development of sustainable aquaculture feed ingredients. Shaivaa Algaetech’s participation in the challenge is a testament to India’s commitment to sustainable aquaculture practices and its potential to play a leading role in innovation within the industry.