New Zealand's first kingfish farm

Why Kingfish? Kingfish was not chosen by chance. This fish species is known for its high growth rate and efficient feed-to-weight conversion. From eggs to a market size of 3 kg, individuals grow in less than 12 months. This makes kingfish an ideal candidate for aquaculture, where not only speed but also cost efficiency are important. With the growing demand for seafood, aquaculture is becoming a key element in ensuring food security and sustainable development. Economic potential According to forecasts, by 2035 the volume of production of the New Zealand fish industry should reach $3 billion. With global demand for fish and seafood growing by 3.3% to 100 million tonnes in 2024, according to the Food and Agriculture Organization of the United Nations (FAO), New Zealand needs to actively develop aquaculture. The opening of the new farm is seen as a catalyst for attracting private and public investment in this area. New Zealand's fish and seafood exports are also showing positive ...