"We are doing everything possible to scale up supply to meet significant demand," says Omega Azul CEO Roderick Chrisman.
Photo: Omega Azul,
Omega Azul, a vertically integrated premium yellowtail fish farmer based in La Paz, Baja California Sur, Mexico, is celebrating one year of successful operations following its 2023 merger with Kampachi Farms Mexico (King Kampachi).
In an operational update, Omega Azul said the merger has strategically enhanced its market position by integrating vital resources and expertise. This includes three ocean concessions, a land concession for land-based production, two broodstock and hatchery facilities, a fully owned processing plant, a super freezer, and an extensive Kanpachi species genetics catalogue.
"We believe that the new Omega Azul has the potential and the capability to become a global leader in the emerging yellowtail segment," said Roderick Chrisman, CEO of Omega Azul, in a press release posted on LinkedIn.
Currently producing 450 metric tons per year, Omega Azul aims to reach 3,000 metric tons annually within five years. The company's concessions have a total capacity of 7,500 metric tons.
Chrisman highlighted the increasing demand for sustainably farmed premium Kanpachi and other marine finfish species, driven by the growing popularity of yellowtail as a premium alternative to salmon.
"We are already seeing strong growth in the demand for our sustainably farmed premium Kanpachi, and we expect demand for marine finfish species across the board to see significant growth over the coming years, specifically driven by growing interest in yellowtail species, which are quickly becoming an attractive alternative to other premium white fish and salmon," Chrisman said.
"Omega Azul already has the necessary attributes in place to quickly become a leader in the yellowtail space with its Kanpachi offering. We expect a significant scale-up of the business over the coming months. We are doing everything possible to scale up supply to meet significant demand," he added.