F3 Challenge doubles prize
Wednesday, July 1, 2020
The F3 Challenge – Carnivore Edition, a sales competition designed to accelerate the development and adoption of fishmeal and fish oil substitutes in feeds, has doubled its prize to $70,000 per category. Awards will be given to the contestants that produce and sell the most fish-free feeds in each of three categories, salmonid, shrimp and other carnivorous species, without using wild-caught fish or any marine-animal ingredients.
Each year, an estimated 16 million metric tons of wild fish are caught exclusively for use as fishmeal and fish oil in global food production. Salmon aquaculture, one of the fastest-growing food production systems in the world, supplies roughly 70%, or 2.5 million metric tons, of all salmon produced. Salmon farms use over 20% of the fishmeal and 60% of the fish oil consumed by the aquaculture sector.
Today, over half of the global shrimp supply is farmed. Global shrimp farming production, which reached nearly 4 million metric tons in 2018 according to the UN Food and Agricultural Organization, is also one of the dominant consumers of the global fishmeal supply.
A recent study found that if “business as usual” continues, forage fisheries will reach ecological limits by 2037. The F3 Challenge aims to make it unnecessary to use wild fish in feeds so that they can remain in the environment for other species, and aquaculture’s growth becomes unconstrained from wild resource availability, assuring greater food security in the future.
Five companies have already registered for the contest and most are seeking partners. For a list of current participants, including contact information, visit f3challenge.org. Contest registration is currently open and a new timeline for the competition will be announced at a later date. The feeds for all categories must not contain any ingredients consisting of or derived from marine animals, including but not limited to, fish, squid, shrimp, or krill. For official contest rules, visit f3challenge.org.
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