Ten prospective land-based projects have been announced in the last 12 months, according to IntraFish archives.
One of the most recent is West Coast Salmon, which has been under development for close to a year and a half, targeting up to 15,000 metric tons of production in its first phase, and reportedly advanced in its planning and permitting process.
8F Asset Management-backed Pure Salmon made three projects public in the past year alone.
With its plans to build a recirculated aquaculture system (RAS) salmon farm in the mountains of Lesotho, in southern Africa, Pure Salmon could become the first company in the world to deliver locally grown Atlantic salmon on four different continents, with plans for another 10,000 metric ton capacity land-based salmon operation in Brunei and one in Boulogne-sur-Mar, France, claimed to be the largest land-based salmon facility in the EU to date.
Grieg-backed firm Proximar Seafoods also announced plans in November to build a 6,300 metric ton capacity land-based salmon facility near Tokyo, Japan.
The municipality of Sotenas, Sweden, together with Norwegian-owned financier Lighthouse Finance, started inviting land-based salmon farmers to apply for a license to farm up to 100,000 metric tons in March.