Project number: 2022-158
Project Status:
Current
Budget expenditure: $209,922.00
Principal Investigator: Paul R. Barnett
Organisation: The Growth Drivers (TGD)
Project start/end date: 7 Mar 2024 - 26 Nov 2024
Contact:
FRDC

Need

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.

Related research

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