Preparing for Threats and Opportunities of Alternative Proteins

Funded Activity Summary

The demand for alternative proteins is increasing globally, and although the impact on the fishing and aquaculture sectors is lagging, it is an opportune time to review the potential risks and opportunities. This will help us reposition the sector to make use of the opportunities and mitigate the risks.

Our multidisciplinary team will deliver a detailed assessment of risks and opportunities, and engage stakeholders to understand their needs, concerns and impact pathways. We will use our analysis to demonstrate the potential pathways they can use to make use of the opportunities and mitigate the risks.

Our project will:
- Understand the opportunities and risks for the growing trend of alternative proteins on the fishing and aquaculture sectors and supply chain
- Assess the potential impacts of alternative proteins on the fishing and aquaculture sectors and supply chain through scenario modelling
- Engage deeply with fishing, aquaculture and related stakeholders to co-design interpretation of insights into risks and opportunities as well as formulating options and responses
- Make recommendations on how fishing and aquaculture sectors and enterprises might re-position to embrace benefits associated with alternative proteins, and respond to associated risks.

Relevant outcomes:
Outcome 1: Growth for enduring prosperity
Outcome 3: A culture that is inclusive and forward thinking
Outcome 5: Community trust, respect and value
Enabling strategy III: Promote innovation and entrepreneurship
Enabling Strategy IV: Build capability and capacity


Objectives:
1. Understand the opportunities and risks for the growing trend of alternative proteins on the fishing and aquaculture sectors and supply chain
2. Assess the potential impacts of alternative proteins on the fishing and aquaculture sectors and supply chain
3. Make recommendations on how fishing and aquaculture sectors and enterprises might re-position to embrace benefits associated with alternative proteins, and respond to associated risks.

Funded Activity Details

Start Date: 08-03-2024

End Date: 27-11-2024

Funding Scheme: Funding Scheme not available

Funding Amount: $209,922.00

Funder: Fisheries Research and Development Corporation

Research Topics

ANZSRC Field of Research (FoR)

There are no FoR codes available for this funding activity

ANZSRC Socio-Economic Objective (SEO)

There are no SEO codes available for this funding activity

Other Keywords

Business | Food technology | Market opportunities | Profitability

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