NZS 0.00% 0.2¢ new zealand coastal seafoods limited

"I do like the idea of becoming rich from investing in mussel...

  1. 18,601 Posts.
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    "I do like the idea of becoming rich from investing in mussel powder.....but i do find it hard to believe the market for this sort of thing is so huge (6billion by 2026...really?)."


    mussel powder has been produced in NZ since the 1970s, it's a low value commodity - there is significant value adding in this sector but only for those who have significant R&D / patents or significant market share in the raw material - take a look at Sanford's annual report, they're trying to get into this space, belatedly.

    Mussel powder itself will never be $6 billion in sales.
 
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