The Opportunity
Korea's #1 farmed fish is produced the same way it was decades ago.
Olive flounder accounts for more farmed fish consumption in South Korea than any other species. But the industry is fragmented — small farms, limited genetic programs, and no vertical integration. BluGen is changing that by controlling every stage of the value chain.
40–60%
Industry mortality rate
~700
Small farms, avg 70 MT/yr
0
New permits in 7+ years
Olive flounder · 광어
Korean fish market
Korean sashimi