Oakbio has developed a process that will convert CO2 and other other sources of waste carbon into nutritious, sustainable food and feed additives for aquaculture, livestock and poultry. The market for animal feed is large and growing: $400B, excluding fish; $122B for aquaculture, and $21B for feed additives/nutraceuticals. By 2050, meat and dairy production is predicted to double and fish farming to triple. Feed is the single most expensive component of aquaculture, constituting 65-80% of the cost of production. Much of the feed market is currently met by fish meal made from oily, wild caught fish such as anchovies, herring, capelin, and menhaden. Overfishing is rapidly depleting these fisheries and driving up the price of fish meal. Soy and other plant based fishmeal substitutes are expensive, nutritionally deficient (requiring supplementation with costly additives), and poorly suited for carnivorous fish such as salmon and trout.
Oakbio’s NovoNutrients is a family of highly nutritious, cost competitive, fish meal and additive substitutes that has the potential to disrupt the animal and aqua feed markets. All NovoNutrients products are made from non-GMO, GRAS microbes. The NovoNutrients product family includes:
NovoMeal – a nutritionally balanced, low cost, bulk fishmeal replacement. It’s a suitable feed for the livestock, poultry, and aquaculture markets. It is high in protein, contains all 10 essential amino acids needed by fish, as well as necessary fatty acids, carbohydrates, vitamins and minerals. Unlike fishmeal, NovoMeal is free of mercury and other heavy metals, radioactive isotopes, and parasites. It contains no antibiotics, hormones, or inducers, but is rich in gut healthy probiotics.
NovoCeuticals – specialty additives containing essential vitamins, minerals and nutrients. Most plant based food sources for animal and aqua feed are deficient in one or more nutrients required for healthy, rapid growth and development. Oakbio’s NovoCeuticals additives provide cost-competitive products for this market, including carotenoids and other natural pigments, amino acids, omega 3, 6, and other fatty acids, vitamins, minerals, and antioxidants. Supplementing animal diets with NovoCeuticals increases immunity to disease; improves bone strength, skin integrity, and vision; and speeds growth. NovoCeutical formulations can be tailored depending on the particular application and desired nutritional profile.