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Fishing for a winner: sea powders and oils new market for Kiwi company

Fishing for a winner: sea powders and oils new market

Field Notes, powered by KPMG, is a weekly news update on news nationally and globally from the agri-food sector.

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Ian Proudfoot

Global Head of Agribusiness, Partner - Audit

KPMG in New Zealand

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[13 July, Stuff NZ]

New Zealand marine biotech business Coastal Seafoods has won a $70,000 order from the European market for its mussel powder. After beginning with the export of swim bladders from the deep-water fish ‘ling’ (NZD$400-500/kg), it is now expecting further growth and success to come from innovative nutraceutical products and high-value beauty products.

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