Salmon has become more expensive than other protein options in recent years, which has placed heavy pressure on the industry to justify those premium prices, according to Cargill President and Aqua Nutrition Group Leader Helene Ziv-Douki.
Speaking at the 2024 North Atlantic Seafood Forum in Bergen, Norway, Ziv-Douki said Cargill is convinced sustainability will be key to justifying prices.
Within the scope of sustainability, she said, the primary focus areas are fish welfare, including reduced mortalities; enhanced traceability; and maintained high quality.
“Nutrition is part of the solution,” Ziv-Douki told NASF delegates. “When we think about sustainability, having the optimal feed-conversion ratio [FCR] of 0.9 is the dream we all have [current rates hover around 1.25]. If we could produce and continue to grow our salmon with that optimal FCR and have much less mortality, that’s the best way to achieve sustainability and justify the premium we have over other proteins.”
To achieve this task, Ziv-Douki said a bigger emphasis needs to be placed on ...