The launch of Thai Union's $30 million (€27 million) venture fund marks a purposeful drive by one of the world's largest seafood producers to investigate what sustainable proteins of the future might look like.

Unfortunately, that future might not include traditionally farmed fish, Thai Union Group Director for Global Innovation Tunyawat Kasemsuwan told IntraFish.

“We are a protein company and as such we need to address the trend that there will be insufficient protein [in the future]," said Kasemsuwan.