Overview
Increase in food security recognized as imperative; significant measures towards increasing agricultural produce
The agricultural sector comprises merely 1% of Singapore’s entire 729 square kilometers of land. In monetary value, it contributed SGD 152 million, or less than 0.5%, towards national GDP. Though it may not be a prime contributor towards the national income of the country, the sector gained traction starting in the 1960s, with subsequent governments focused on improving food security in the country.
One of the key reasons for low agriculture is the limited land space available. The agri-food sector of Singapore is engaged mainly in the production of eggs, fish, vegetables and other general agricultural produce, towards local consumption.
The vegetable farms include green leafy vegetables and bean sprouts. While they utilize soil cultivation, the ability to increase yield by employing better technology is impeded through the lack of physical space. The land-based fish production is primarily done via fish farms, which provide the local aquaculture produce. However, the sea-based farms mainly cater to supermarkets and live markets. The produce of sea-based farms include pompano, milkfish, grouper, sea bass, threadfin, mullet, snapper, trevally and tilapia.
Additionally, the agriculture sector boasts of non-food agricultural produce such as orchids, ornamental fish, ornamental plants and foliage. The produce caters to both the local and international markets. Moreover, the sector is a key exporter of ornamental fish and quality cut orchids. There are currently 153 orchid farms in the country.
Singapore aims to improve agriculture production through its ‘30 by 30’ plan
Singapore’s primary agricultural experience surrounds the production of fish, eggs and leafy vegetables, which contributes to around 10% of the country’s nutritional needs. However, the aspirations of the country have now shifted as it aims to lead with its farm production using technology instead of labor. This is a challenging task considering 90% of the food is imported. In 2020, Singapore’s agriculture imports reached SGD 132 billion. The food security of Singapore is further hampered by factors such as global warming and diseases that impede the quantity of imported agricultural produce.
Therefore, the government has set out a program to achieve sustainable and productive farming through the ‘30 by 30’ target. This national program includes building the local agri-food market to meet 30% of the local nutritional food requirements in the most sustainable manner by the year 2030.
The focus has shifted to grow more within the space available, with encouragement provided including for citizens to also grow locally. Furthermore, the national goal is to boost fish production to attain 100,000 tonnes of finfish production, the challenge of this being the requirement for larger farms and more advanced technology.
Singapore Food Agency (SFA) incorporated for the sole purpose of boosting agri-food production
The SFA has three aims to secure food security. Strategies have been constructed to expand imports, boost local production and expand overseas, to break into bigger and better markets. All these measures impact the agricultural sector in their own manner.
Key Trends
COVID-19 pandemic elevates the need for food security and a consistent supply of food
The pandemic caused disruptions in the food supply chains as safety measures were implemented. Even though the ‘30 by 30’ program was launched pre-pandemic, the COVID-19 virus was a strong wakeup call for the country to double the efforts in local food production. During the pandemic, the government rolled out funds and grants to help local food producers throughout 2020 and 2021.
In addition to this, the SFA increased local interest in farming through promoting it as a career option. Despite the physical restrictions, virtual learning, virtual produce demonstrations and career fairs were organized.
Additionally, the safety measures in farms and slaughterhouses gained priority through safe distancing. The safety of workers in these establishments was not compromised as strict measures were implemented. Apart from ensuring hygiene and safety, these measures ensured less interruptions in food supply during the lockdown periods.
Singapore’s key strategy for the agricultural sector: to produce more locally and sustainably, through use of technology
A positive ripple effect of climate change is the opportunity to dive into safer and sustainable methods of production, using technology to enhance product quality and efficient processes. As such, environmental concerns have seen consumers progressing towards sustainable local produce over the recent past.
In addition to this, the agri-food industry is transforming. The government is striving to enable better productivity with less resources. There is government funding available through the SFA to build technologically savvy farms. To this end, the SFA has allocated a USD 60 million Agri-food Cluster Transformation (ACT) Fund to support this cause.
Aquaculture too is seeing rapid technological transformation and sustainable policies, which will secure high harvests of fish in a more climate-resilient farming process to minimize the risk of fish diseases. Floating fish farms that combine offshore as well as marine technology have been initiated through a company known as Eco Ark. The system employs a Recirculating Aquaculture System to clean and treat seawater, with the aim of condensing outside sensitivities present in seawater.
Another technological innovation gaining momentum in the aquaculture sector is the use of solar panels to conserve energy, and pelleted feed that is nutritionally and environmentally friendly.
The agriculture industry is also heavily supported through research and development. There is a USD 144 million research and development allocation launched by the Singapore Food Story R & D Programme. This will provide incentives for research in areas such as food safety science, sustainable food production and biotech in protein production.
Contemporary aquaculture and cutting-edge urban farming to be next phase of sector growth
As per ASEAN Access, the vertical farming sector is estimated to grow annually at a rate of 24.6% by 2026, while aquaculture is believed to grow at a rate of 4.7% by 2025. Decisions to increase domestic food security deemed it essential for the agri-food sector to develop a sustainable and complete ecosystem. The ‘30 by 30’ program announcement caused a significant boom in agri-tech start-ups, which assisted in modeling urban farms with dynamic technology.
To make the best use of the agri-tech boom, Singapore announced the inauguration of an Agri-Food Innovation Park. The park is a combination of high-tech farming, animal feed production, research and development, indoor and vertical farm operations, and insect farming. Thus, the agricultural sector is moving forward to revamp food production through state-of-the-art technological infrastructure and intelligent systems such as sensors, the Internet of Things (IoT) and analytics.
Key Statistics
- In 2021, there were 247 licensed farms - 110 were sea-based and 137 land-based farms.
- The local produce of vegetables covers 14% of local consumption, while eggs cover 26% and fish covers 10%.
- As of 2020, local seafood production was 4,567 tonnes and vegetables 22,793 tonnes, while hen eggs amounted to 616 million units.
- Non-food agriculture included 15 million aquatic plants and tissue culture plantlets, and 69 million aquarium fish.
- Total agricultural product imports amounted to USD 13.25 billion in 2020.
Top Singapore MNCs in Agriculture Sector
BAYER (SOUTH EAST ASIA) PTE LTD
Repeated company as per client
BUNGE ASIA PTE. LTD.
In 1818, Bunge Asia Pte. Ltd. established a trading enterprise in Amsterdam. Now a global agriculture and food firm, it has operations that span the globe, from the farm field to the retail shelf. Bunge is a global leader in the procurement, processing, and distribution of oilseed and grain products and additives. Its specialized oils and milled grains, for example, are crucial ingredients for consumer and restaurant brands—as well as in home kitchens around the world. Bunge has a presence in 40 countries and is committed to strengthening the global agriculture and food production chain.
LOUIS DREYFUS COMPANY ASIA PTE. LTD.
Louis Dreyfus Company Asia is a multinational agricultural merchant and processor which was incorporated in 1851. It offers grains and oilseeds, carbon solutions, coffee, cotton, juice, rice, sugar, and freight to global markets. The Singapore office acts as the regional headquarters for the Louis Dreyfus South & Southeast Asia Region, which includes seven countries: Australia, India, Indonesia, Malaysia, Pakistan, and Vietnam. Louis Dreyfus expanded its origination, processing, and logistics capabilities in the region through a number of major investments in recent years, including joint ventures and expansions in grains, oilseeds and coffee.
ADISSEO ASIA PACIFIC PTE LTD
Adisseo Asia Pacific is a multinational company that specialises in feed additives. Adisseo Asia Pacific is a major subsidiary of China National BlueStar, a market leader in the Chinese chemical sector, established in 1939. It offers animal nutrition and health product marketing and trading, animal feed additives and associated animal products, and technical support to distributors. Adisseo Asia Pacific designs, produces, and markets nutritional solutions for sustainable animal feed. The business depends on its eight research centres and production facilities in Europe, the United States, and China.
CARGILL ASIA PACIFIC HOLDINGS PTE. LTD.
Cargill Asia Pacific Holding is a multinational agribusiness that has been in business for 155 years. It offers commodities and financial instruments for trading, including petroleum, tropical oil, animal nutrition, grain, oilseed, steel, and rubber. Cargill Asia Pacific Holding collaborates with the world's biggest consumer goods, restaurants, and retail companies. It has a regional presence in Southeast Asia (with offices in Australia, Hong Kong, India, Japan, Korea, New Zealand, Pakistan, Vietnam, and Taiwan). Cargill Asia Pacific Holdings won the biennial Singapore HEALTH Award in 2008 and 2010, presented by The Health Promotion Board.
YARA ASIA PTE. LTD.
Norsk Hydro was founded in 1905 and demerged as Yara International ASA in 2004. It is headquartered in Norway. The company developed digital farming technologies for precision farming, and collaborates with partners across the agricultural value chain to increase the efficiency and sustainability of food production. Yara Asia enables the hydrogen economy by focusing on clean ammonia manufacturing, which will drive a green transformation of shipping, fertilizer production, and other energy-intensive businesses.
ECOM AGROINDUSTRIAL ASIA PTE. LTD.
ECOM Agroindustrial Asia Ltd., founded in 1872, is a global commodity merchant with a focus on sustainable supply chain management. ECOM Agroindustrial Asia is an origin-integrated company that operates in over 40 countries across the world. Its primary products are coffee, cotton, and cocoa, but it also participates in a few other agricultural product markets. Its global operations rely on its expertise and experience in supply chain improvement, risk management, and client-centric distribution, to create a valuable and profitable environment for suppliers, customers, shareholders, and workers.
GCB COCOA SINGAPORE PTE. LTD.
Guan Chong Berhad (GCB) Cocoa Singapore was established in Malaysia in 2004. Its primary business is the manufacture of cocoa-derived food products such as cocoa mass, cocoa butter, cocoa cake, and cocoa powder. GCB has expanded from the production of cocoa-derived food items to the downstream consumer. Its cocoa products have found widespread recognition in both the domestic and foreign markets. GCB is a holding company that began with three subsidiaries: Guan Chong Cocoa Manufacturer (GCCM), Guan Chong Trading (GCT), and Enrich Mix (EM). The company has expanded its global presence, with offices in Asia, Europe, North America, and Africa.
PULAU SAMBU SINGAPORE PTE. LTD.
Established in 1967, Pulau Sambu Singapore is the Sambu group's sole export arm. The Sambu Group is the world's largest integrated coconut company, with three coconut processing facilities and enormous irrigated coconut fields in Indonesia. Pulau Sambu Singapore actively markets its range of goods under the KARA brand, in addition to delivering bulk coconut products such as desiccated coconut, coconut milk/cream, coconut milk powder, coconut flour, coconut water single strength and concentrate, virgin coconut oil, and crude and RBD coconut oil. It has a presence in Western Europe, Eastern Europe, the Middle East, Asia, North America, Africa, Central America, Central/South America, East Asia, South America, South Asia, and Southeast Asia.
MIDSTAR (SINGAPORE) PTE. LTD.
Midstar Singapore Pte. Ltd., founded in 2006, is a global agricultural commodity trading company. As an agribusiness industry leader, it continues to leave its mark with viability and virtuous standards, ensuring the delivery of rice, sugar, and grain products into the market. It has established positive relationships across a variety of platforms. Food and beverage manufacturers, animal feed manufacturers, consumer product processors, local importers and distributors, and government purchasing agencies are among its clients. With offices in Dubai, Singapore, and Egypt, Midstar Singapore supplies products to some of the world's largest food processors and food service businesses.
Top Singapore Large Local Enterprises in Agriculture Sector
FIRST RESOURCES LIMITED
Repeated company as per client
WILMAR INTERNATIONAL LIMITED
Repeated company as per client
OLAM INTERNATIONAL LIMITED
Repeated company as per client
HALCYON AGRI CORPORATION LIMITED
Halcyon Agri, which was established in the 1930s, is a natural rubber manufacturing firm headquartered in Singapore. It satisfies the expanding mobility needs through natural rubber plantation, manufacturing, and distribution. Halcyon Agri offers tyres for automobiles, trucks, agricultural vehicles, airplanes, and bicycles, as well as numerous industrial and commercial applications. Its primary operating assets are in Indonesia, Malaysia, Thailand, China, and Africa, and it is backed by a network of logistical assets and sales offices throughout SouthEast Asia, China, Africa, Europe, and the United States. Halcyon Agri also manufactures a wide range of items, from tyres to shoe soles, and from medical gloves to seals and gaskets.
JAPFA LTD.
Repeated company as per client
QIAN HU CORPORATION LIMITED
Qian Hu Corporation Limited, incorporated in 1998, is a comprehensive ornamental fish service provider, with operations spanning from Dragon Fish breeding to farming, importing, exporting, and supplying over 1,000 species and types of ornamental fish across the world. It also manufactures, exports, and distributes aquarium and pet accessories under top brands such as Ocean Free, RevoReef, Ponddpro, Classica, BARK, Aristo-Cats, and Sumo Cats. Qian Hu established an edible fish aquaculture firm in January 2017 to cultivate antibiotic-free edible fish such as groupers and shrimp. It also produces plastic bags for a variety of industries, including aquaculture, food, hotels, grocery stores, electronics, and many other commercial and industrial sectors. Qian Hu exports fish directly to countries such as Malaysia, Thailand, and Indonesia.
GOLDEN AGRI INTERNATIONAL PTE LTD
Repeated company as per client
OCEANUS GROUP LIMITED
Established in 1998, Oceanus Group Limited is a FoodTech organization with a varied business portfolio covering food production, distribution, services, and innovation. Oceanus Group is an investment holding firm that specializes in the sale of seafood. It operates in four segments: live marine products, trading, consulting, and others. The live marine products division covers abalone cultivation and sales. The trading division is in charge of the sale of finished marine products. The consultancy area includes fish farming and the acquisition of aquaculture and fishery technologies. Corporate office functions and stock investment are included in the ‘others’ segment.
BARRAMUNDI GROUP LTD.
Barramundi Group Ltd. is an aquaculture farming company that was incorporated and established in Singapore in 2008. The company raises barramundi in the ocean using fish farming procedures and aquaculture technology. It owns and runs barramundi farms in Australia and Brunei. The company sells its products under the Kuhlbarra and Cone Bay brand names, which are currently available in Australia, Singapore, the United States, China, Korea, and Hong Kong. It sells chilled and frozen barramundi in single and multi-portion packets, as well as larger filets or bespoke specifications. It also sells specialized by-products like the swim bladder, skull, bone, and scale. The company’s trading is conducted business-to-business and business-to-customer, supplying HORECA (food service and hotel industry)), and supermarkets and retailers.
R1 INTERNATIONAL PTE LTD
R1 International Pte. Ltd. is a firm that manufactures natural rubber. It supplies a comprehensive range of rubber to customers worldwide, fulfilling raw material requirements in natural and synthetic rubber. The company manufactures rubber-related products such as tyres and rubber wood, as well as technical specifications such as rubber, latex, smoked sheets, and compound rubber. R1 International serves customers all over the world.
Top Singapore SMEs in Agriculture Sector
HAY DAIRIES PTE. LTD.
Hay Dairies is a goat farm which has been in operation in Singapore for over 30 years. The goats at Hay Dairies are fed alfalfa hay from the United States, which is abundant in protein and minerals and free of GMOs. The farm uses the most recent milking, pasteurizing, and bottling machines to make fresh goat milk available to customers in Singapore via direct farm purchase, home delivery, or preferred retail outlets. The farm also welcomes individual and family visits as well as educational tours for large groups. Hay Dairies has received numerous accolades, including the Spirit of Entrepreneurship Award Honors in 2003, and the renowned SME Awards in 2013-14.
EDIBLE GARDEN CITY PTE. LTD.
Edible Garden City, which was established in 2012, is a company focused on bringing forth social transformation through community-focused agriculture. It designs, constructs, and maintains food gardens in tropical urban spaces in Singapore, including restaurants, hotels, schools, and residences. Edible Garden City has constructed over 260 food gardens, including at renowned places such as Marina Bay Sands, Resort World Sentosa, Raffles City Rooftop, PARKROYAL COLLECTION Marina Bay, Tan Tock Seng Rehabilitation Center, and Pathlight School. Edible Garden City has received the President's Award for the Environment in 2021, the DBS Foundation Social Enterprise Grant Award in 2017, and the Green Space International Award in 2021 for The Funan Urban Farm.
ATLAS AQUARIUM (S) PTE LTD
Atlas Aquarium, which was founded in 1972, is engaged in wholesale trading, breeding, and retailing of aquarium fish, aquatic plants, and marine fish. Atlas Aquarium has a large inventory of uncommon freshwater and saltwater fish, aquatic plants, and aquarium supplies in the Yishun region of Singapore.
KOK FAH TECHNOLOGY FARM PTE LTD
Kok Fah Technology Farm is a Singaporean enterprise that has been selling green vegetables for over 40 years. Kok Fah Technology introduced a variety of high-tech apparatus and equipment to aid the farming processes, resulting in increased efficiency and output. It has led the agriculture business by merging sophisticated agricultural techniques and technologies. Kok Fah Technology is well-known for producing high-quality leafy greens. Its website reveals a variety of green vegetables for sale, including Kang Kong, Xiao Bai Cai, and many types of spinach (baby, round, sharp, red).
COMCROP PTE. LTD.
Incorporated in 2013, ComCrop is involved in urban farming, growing food on rooftops near communities and harvesting pesticide-free vegetables in Singapore. ComCrop's first rooftop farm was established at Scape, in the middle of the commercial district on Orchard Road. It offers basil and mint, which are used in some of Singapore's most prestigious restaurants and pubs, without the use of pesticides. ComCrop products are also available at online shops like RedMart and Sproutfore. Its pesto sauce is devoid of fillers, pesticides, and preservatives.
CHEW'S AGRICULTURE PTE LTD
Established in 1987, Chew's Agriculture is an egg-producing firm. Chew's Agriculture has successfully developed a variety of designer eggs containing certain useful nutrients. Kampong Eggs, Cage-free Eggs, Fresh Eggs with Cordycepin, Organic Selenium Fresh Eggs, Sakura Fresh Eggs, and Omega-3 and Omega-6 Fresh Eggs are among its offerings. Chew's farm also participates in the Singapore Food Agency's Singapore Quality Egg Scheme (SQES). Chew's Agriculture has been certified as practising humane farm animal care by the Singapore Business Federation (Apex Business Chamber) in 2019, and also won the Singapore Brand Award in 2011.
VERTIVEGIES PTE. LTD.
Vertivegies Pte. Ltd. is an Indoor Vertical Farm that uses precision-controlled environment farming technology to provide customers with healthy and safe food. Vertivegies Indoor Farming was established in Singapore in 2014. It grows vegetables with systems that actively adjust temperature, humidity, hydro-nutrition, and numerous other inputs. Vertivegies supplies vegetables and fruits to many restaurants and shops.
LIVFRESH PTE. LTD.
Incorporated in 2018, LivFresh Pte. Ltd. is an urban solution company which provides fresh, nutritious, pesticide-free vegetables directly to consumers (restaurants, homes, or retail). LivFresh offers the “LivFresh microfarm”, a segmental, scalable model of farming that could be established in any urban place. Its greens are grown with care in a pollution-free, chemical-free, and sustainable environment, using hydroponic farming methods.
GENESIS ONE TECH FARM PTE. LTD.
Genesis One Tech Farm is a firm that grows leafy greens in a high-tech vertical urban farm. Genesis One Tech Farm, headquartered in Singapore, uses a cutting-edge temperature control system and state-of-the-art farming equipment to provide fresh, healthy, and nutritious leafy greens. The company also personalizes the food required. The farm plans to use a hybrid Nutrient Film Technique (NFT) system, which consumes a fraction of the water used in hydroponic systems and can support both substrate and NFT planting methods. This will be combined with a highly energy-efficient 5G lighting system and a network-enabled autonomous control system called "Smart-Agro."
I.F.F.I PTE. LTD.
I.F.F.I was incorporated in Singapore in 2019. The company develops patented Indoor Farm Factory Innovation solutions that allow any crop to be grown in highly automated and precisely controlled vertical farms. It offers high-quality veggies for supermarkets, food manufacturing facilities, and F&B outlets, as well as to customers who wish to construct their own vertical indoor farms. I.F.F.I has gained HACCP certification and ISO certifications and has also won the Emerging Enterprise Award in 2020.
Top Singapore Fastest growing companies in Agriculture Sector
AQUACULTURE CENTRE OF EXCELLENCE PTE. LTD.
Aquaculture Centre of Excellence Pte. Ltd. (ACE), founded in 2017, is a fish farming company that produces, harvests, and distributes fresh and healthy fish. The ACE patented and revolutionary "Eco-Ark" is a floating, enclosed farm. ACE's Eco-Ark filters and confines microplastic contamination, red algae, and other particles from seawater. It employs precise aquaculture technology, cutting-edge, post-harvest processing, fish health monitoring and management, and harvest traceability, to provide consumers with a high level of assurance for fresh, flavourful, and nutritious food fish. The company is also engaged in marine and environmental sustainability.
VERTIVEGIES PTE. LTD.
Vertivegies Pte. Ltd. is an Indoor Vertical Farm that uses precision-controlled environment farming technology to provide customers with healthy and safe food. Vertivegies Indoor Farming was established in Singapore in 2014. It grows vegetables with systems that actively adjust temperature, humidity, hydro-nutrition, and numerous other inputs. Vertivegies supplies vegetables and fruits to many restaurants and shops.
CRAB LOVERS FARM PTE. LTD.
Crab Lovers Farms, which was incorporated in 2017, is a regular, small farm. Crab Lovers Farm launched its Signature Catch brand, and it is now a supplier of soft-shell crab to distributors and restaurant chains. The line-caught crabs and fish are also available for purchase from the company. Crab Lovers Farm is Singapore's crab farm that produces soft-shell crabs by harvesting crabs just when they are at their prime. It also offers Premium Soft-Shell Crab, Meat Crab, Double Shell Crab, Blue Crab, Seabass, Hybrid Grouper, Red Tilapia, and Giant Prawn. The crabs from Crab Lovers Farm are well processed, and the aquaculture centres eliminate the need for prolonged travel periods.
KOK FAH TECHNOLOGY FARM PTE LTD
Kok Fah Technology Farm is a Singaporean enterprise that has been selling green vegetables for over 40 years. Kok Fah Technology introduced a variety of high-tech apparatus and equipment to aid the farming processes, resulting in increased efficiency and output. It has led the agriculture business by merging sophisticated agricultural techniques and technologies. Kok Fah Technology is well-known for producing high-quality leafy greens. Its website reveals a variety of green vegetables for sale, including Kang Kong, Xiao Bai Cai, and many types of spinach (baby, round, sharp, red).
MEOD PTE. LTD.
Incorporated in 2014, Meod Pte. Ltd. is a local food producing business in Singapore, which produces leaves, fruit, and vegetables. It caters to many large supermarkets across Singapore, and also sells its products online. Meod offers consumers the following products: Mizuna, Chris Green Lettuce, Lollo Bionda Lettuce, Cos Lettuce, Red Pak Choy, Xiao Bai Cai, Jiu Bai Cai, Mao Bai, Golden Cherry Tomato, and Big Red Cherry Tomato.
SUSTENIR AGRICULTURE (SINGAPORE) PTE. LTD.
Incorporated in Singapore in 2013, Sustenir Agriculture is an agri-tech firm. It operates one of Asia's most productive urban farms, where high-end premium crops are grown for sale to the local food sector and to consumers through retail partnerships. Sustenir Agriculture produces high-nutrition, specialty vegetables, employing only the most modern and sustainable controlled environment agriculture (CEA) methods, to grow what are considered impossible products in challenging areas. Currently, it has a presence in Hong Kong and Malaysia.
COMCROP PTE. LTD.
Incorporated in 2013, ComCrop is involved in urban farming, growing food on rooftops near communities and harvesting pesticide-free vegetables in Singapore. ComCrop's first rooftop farm was established at Scape, in the middle of the commercial district on Orchard Road. It offers basil and mint, which are used in some of Singapore's most prestigious restaurants and pubs, without the use of pesticides. ComCrop products are also available at online shops like RedMart and Sproutfore. Its pesto sauce is devoid of fillers, pesticides, and preservatives.
ZENXIN AGRI-ORGANIC FOOD PTE. LTD.
Zenxin Agri-Organic Food, founded in 1999, is a firm that grows, distributes, and retails organic food. It is headquartered in Malaysia. Zenxin Agri-Organic Foods is reputed for foods farmed without chemical fertilizers or pesticides. It not only offers the freshest organic veggies and fruits, but also imports organic dried goods from all over the world. Zenxin Agri-Organic only works with farms and suppliers who have an internationally recognised organic certification, to ensure that the organic supply chain is not disrupted. Fresh Zenxin Agri-Organic brand vegetables are available in Singapore and China as well.
BARRAMUNDI GROUP LTD.
Barramundi Group Ltd. is an aquaculture farming company that was incorporated and established in Singapore in 2008. The company raises barramundi in the ocean using fish farming procedures and aquaculture technology. It owns and runs barramundi farms in Australia and Brunei. The company sells its products under the Kuhlbarra and Cone Bay brand names, which are currently available in Australia, Singapore, the United States, China, Korea, and Hong Kong. It sells chilled and frozen barramundi in single and multi-portion packets, as well as larger filets or bespoke specifications. It also sells specialized by-products like the swim bladder, skull, bone, and scale. The company’s trading is conducted business-to-business and business-to-customer, supplying HORECA (food service and hotel industry)), and supermarkets and retailers.
SINGAPORE AQUACULTURE TECHNOLOGIES (SAT) PTE. LTD.
Singapore Aquaculture Technologies, incorporated in 2012, is a pioneer in data and artificial intelligence-driven sustainable aquaculture for tropical food fish. It provides turnkey farms as well as cloud-based software solutions. SAT manages fish farms and offers sustainably farmed premium products under the BluCurrent product brand. It also provides farm management information systems that display some of the most essential fish farm performance metrics.
