P/F Bakkafrost Overview
Pro stress-test →Bakkafrost is the largest fish farming company in the Faroe Islands and the third-largest fish farming company in the world. The company produces and sells salmon products globally through seven operating segments spanning fishmeal production, freshwater operations in the Faroe Islands and Scotland, farming operations, and services.
Strategic Profile
Pro stress-test →Bakkafrost is the only fish farming company in the world to own all of the value chain, from roe and feed production to processing, ship operations, and transport service. Its vertically integrated operations ensure stringent control over the entire production chain, positioning the company on sustainability and quality to meet premium salmon product demands while minimizing environmental impact.
Competitive Landscape
Pro stress-test →Mowi and SalMar are primary competitors of Bakkafrost in the global salmon farming industry. As the third-largest player globally, Bakkafrost competes on scale, vertical integration, and geographic diversification. The salmon farming sector is highly competitive with commodity pricing pressures and environmental/regulatory considerations.
Industry Context
P/F Bakkafrost operates in Aquaculture - Salmon Farming.
Key facts
Founded: 1968 · Headquarters: Glyvrar, Faroe Islands · Revenue: $980M · Market cap: $2.71B