Iceland Expects 50% Expansion of Farmed Salmon This Year, Surge in the Future
Given the problems with sea lice in Norway, and the continued high demand for salmon, investment has flowed into new areas such as Newfoundland and Iceland where salmon farming has significant opportunities to expand.
The Icelandic Food and Veterinary Authority has said that it expects salmon production to reach 20,000 tons this year, up nearly 50% from the 13,448 tons produced in 2018.
Partly this is driven by new investments, and by more farms coming online.
Salmar has recently added to its stake in...
To Read Full Story Login Below.