West Orange, NJ (PRWEB) October 6, 2008
Strategro International provided a startling view of the current US situation regarding utilization of seafood byproducts, at the Pacific Rim Summit on Industrial Biotechnology and Bioenergy held recently in Vancouver, British Columbia. The presentation, titled Development and Commercialization of Value Added Product from Seafood Waste, was given by Steve Dillingham, Founder and Principal of Strategro, and provided several model examples of better seafood utilization from other nations much farther ahead in achieving this goal.
"The U.S. as a whole should be doing a much better collective effort utilizing its seafood byproduct waste to create value-added products," stated Dillingham. "If you look how much focus and research and development activity is taking place within the waste reclamation and biofuels/energy field as a result of the national prioritization and support by DOE funding, you could easily guess how impactful this sort of "put a man on the moon" effort could be if equally applied towards solving the seafood byproduct industry waste problem -- not to mention the ecological and environmental benefits we would gain," continued Dillingham.
The opportunities and benefits to the industry are many fold, according to Dillingham, who showcased to the international biotech audience how value-added marine ingredients are being utilized worldwide across high-value applications such as cosmeceuticals, functional foods and nutraceuticals, and even as biofuel. "These valuable resources are mostly being wasted today -- in a time when the oceans are being overfished because of an increased demand for seafood, and a large portion of the unutilized seafood byproducts are being dumped," Dillingham continued. "We could use a national initiative designed to help solve the logistics, storage and technical challenges, so that these valuable materials could be further processed on a scale where it becomes economically attractive to do so."
The Industrial Biotech Summit, organized by the Biotech Industry Organization (BIO), brings together scientists, government officials, industry executives and investors from North America and throughout the Pacific Rim region to highlight recent advances within the industrial biotech space. Feature presentations include topics on bio-energy, bio-based products, industrial biotechnology, and novel applications of marine biotechnology.
About Strategro International, LLC
Strategro International is a market entry and business growth firm working with companies and organizations within the functional foods, nutraceuticals, marine biotechnology, and life science sectors. Strategro publishes two free quarterly publications, NutraTrends® and Aquapreneur® (http://www.aquapreneur.com), covering recent commercial developments within functional foods and ingredients and the marine biotech and marine products sectors, respectively. In addition Strategro International works with trade groups, governments and economical development organizations to enhance cluster development, innovation and growth within industry sectors, utilizing Strategro's SectorStim™ cluster development approach (http://www.sectorstim.com). Strategro International has offices in the U.S. and Canada, and strategic market partners located throughout Europe and Asia.