Frost & Sullivan Commends Ocean Harvest Technology Ltd. for its Entrepreneurial Leadership

OHT has positioned itself as a provider of cost-effective, eco-friendly, sustainable and natural feed products. It successfully tackles the key issues facing the industry: rising prices, sustainability, safety, and quality.

In addition, it has developed other products for the abalone and sea urchin markets and for the equine, cattle and domestic pet markets and its research platform has the potential for much broader application.

A recent breakthrough by the company in pig farming using Oceanfeed-pig has demonstrated a 50% reduction in antibiotic use and a replacement of paylean while maintaining growth and FCE and a lower mortality rate.

Each year, Frost & Sullivan presents this award to the company that has demonstrated excellence in growth strategy and growth implementation. The company is also lauded for the degree of innovation with its products and technologies, its leadership in customer value and the speed of its response to market needs.

Frost & Sullivan Best Practices awards recognise companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research to identify best practices in the industry.

Ocean Harvest Technology is a pioneering animal feed company with a portfolio of marine-based, patent-protected products capable of replacing all of the synthetic ingredients found in many of the aquaculture and animal feeds in the market.

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

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SOURCE Frost & Sullivan