Iceland's selective breeder and producer of salmonid eggs, Stofnfiskur, will support the land-based salmon aquaculture boom in China and Asia, thanks in part to the export agreement in place between the two countries.

Over the next decade, China is expected to produce 130,000 metric tons of land-based salmon based on the current slew of projects, ranking third in volume following Norway and the United States.

"China and Asia today is a very small market compared to the total sales we have," said Geir Olav Melingen, commercial director of Benchmark Genetics, the parent company of Stofnfiskur.