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Urban-based Aquaponics to grow in Australian food industry in 2013

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Aquaponics and algae farms will help change Australia’s food industry

By Geoff Wilson
Aquaponic Network Australia
Vol 2, No 1, Jan 15. 2013

Excerpt:

Early signs of massive changes in the $100 billion a year (retail value) Australian food industry include:

Considerable new Australian investment into large-scale and home-scale urban and peri-urban aquaponics for production of more valuable, organic, fresh healthy foods such as fish, crustaceans, molluscs, many vegetables, most herbs, plus some fruits.

Pioneering new investment into urban and peri-urban algae-growing industry – to provide important food additives such as essential oils and high quality food proteins, feed proteins plus petroleum-competitive local transport fuels.

Food production is integral to Australia’s economic and social prosperity. It consistently accounts for around 20 percent of manufacturing sales and service income and means non-farm employment for about 227,000 Australians. The overwhelming majority of food sold in Australia is grown and supplied by Australia’s 190,000 farmers. About half of Australia’s food produced is exported, but a massive 98 per cent of fresh food consumed ( fruit, vegetables, meat, milk and eggs) is grown in Australia.

It is the expanding fresh food sector that is a major focus for new Australian investment in aquaponics and algae farming.

Australian efforts are part of new global investment that will help provide the world’s massively-expanding human population with important new urban alternatives to rural-based food supply.

Indeed, rural industry is now being questioned on its ability under climate change threats, to feed the nine billion people predicted to be populating the world’s 190 or more countries by 2050. Australia’s new-style food industry now under development is thus likely to be one of the leading agencies in the global changes ahead.

At least four new Australian companies are currently being brought into play by a coterie of well-informed food industry investors.

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