Contestants of the F3 (Fish-Free Feed) Challenge have sold over 100,000 metric tons of fish-free aquafeed since the start of contest sales in May 2016. The amount of fish-free aquafeed sold during the contest thus far is estimated to be equivalent to nearly 100 million forage fish from the ocean.
Guangdong Evergreen Feed Industry Co., Ltd maintains its first-place lead with 66,515 metric tons of feed sold. In second place with 31,600 metric tons is the team comprised of Myanmar-based Htoo Thit Co. and global animal nutrition company Biomin.
Five contestant teams from China, United States, Austria, Myanmar, South Africa, and Pakistan are advancing to the final sale reporting deadline on Sept. 15, 2017. Australia-based Ridley decided to become a participant rather than a contestant of the F3 Challenge, therefore no sales for the company were reported.
A $200,100 grand prize will be awarded to the winner during a special event at the Global Aquaculture Alliance’s 2017 GOAL Conference in Dublin, Ireland.
Contestants are using everything from insects to algae as a base to develop a fish-free aquaculture feed. The winning team must prove their recipe can scale up by targeting sales of 100,000 metric tons or be the furthest along by the challenge end date. F3 Challenge judges have tested and verified that all contestant feeds as fish free.
The F3 Challenge is intended to spark innovation in the aquafeed industry to find viable, cost-competitive aquafeeds free of fishmeal and fish oils.
Learn more about the F3 Challenge