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Market size expected to reach $58.71 billion by 2031, representing a compound annual growth rate of 8.9%

The project will repurpose a 463,503-square-foot fermentation facility at ADM’s Clinton complex.

In 2023, the company became the first in South Asia to secure a Sustainable US Soy licence.

The acquisition gives BiomEdit control of Folium’s Guided Biotics CRISPR-Cas technology and BiomElix One.

The Nordic-focused fund will finance pre-seed to Series A companies developing maritime and ocean technologies.

The facility is expected to produce approximately 20 to 30 tonnes of giant grouper annually.

Optimized paper sacks reduce excess packaging space and cut annual material use by 27 metric tons.

The ship will strengthen capacity, flexibility and delivery reliability in feed distribution along the Norwegian coast.

The research could support new applications in aquaculture and agriculture.

Following positive Orkney results, Scottish Sea Farms is expanding its collaboration with Tidal and BioMar to more sites.