Regal Springs, the world's largest integrated tilapia farmer, sees significant sales opportunities in the Mexican market.
Earlier this month, the Mexican government granted the company a 10-year license for the renewal and expansion of its Mexico operations.
“The Mexican market is an attractive market for Regal Springs, and it holds huge potential," Laurent Develle, Regal Springs head of corporate affairs, told IntraFish. "It is not just about shipping products off to the US market.”
Mexico accounts for 10 percent of Regal Springs global sales, and this percentage could grow significantly in the coming years.