The MB-CRC Innovation for Australia's high-value biomarine industry
The Marine Bioproducts Cooperative Research Centre (MB-CRC), which is a $270M proposal over 10 years, consists of a consortium of 68 industry, government and research partners led by Flinders University with a shared vision of accelerating the growth of the emerging export-focussed marine bioproducts industry.
The MB-CRC is set to revolutionize the way we utilize Australia's rich natural marine assets. The CRC’s innovative R&D programs focus on production of new sources of marine biomass such as seaweeds, marine micro-algae and filter feeding animals and the use of advanced manufacturing technologies and processes to produce a suite of novel bioproducts.
These high-value bioproducts include nutraceuticals, omega 3 oils, cosmetics, plant-based proteins, agrochemicals and bioplastics that serve a global market projected to be worth $780 billion by 2035.
"Australia is recognised as a major supplier of premier and innovative marine bioproducts globally. "
With the global population forecast to reach 8.5 billion by 2030, the demand for agricultural products as food, feed and for industrial purposes is estimated to grow by 15% over the coming decade. The growth in global demand for agricultural products, coupled with a decline in arable land and the Green Revolution reaching its peak, presents a unique opportunity for the marine bio-industry to transition from its 2nd generation aquaculture into its 3rd generation of growth: high-value marine bioproducts. Australia is best placed to take advantage of this opportunity with its marine exclusive economic zone being the third largest in the world, the abundance of diverse and unique marine organisms suitable for use in marine bioproducts, and Australia's strong reputation for clean, green and safe products creating demand from any high value markets such as China, Europe and Japan.
The Cooperative Research Centre for Marine Bioproducts (MB-CRC)
A balanced portfolio utilising Australia's marine bioresources underpinned by commercialisation, education and training.
Sustainable Marine Resources
Developing the cultivation skills, technologies and management practices to grow high quality marine bioproducts sustainably and cost-effectively, both now and into the future.
Innovative Bioprocessing Technologies
Designing and delivering automated, modular biorefinery-based manufacturing to transform Australian marine biomass into commercially successful marine bioproducts.
Australian Marine Bioproducts
Delivering, developing, validating and helping deliver a range of certified, evidence-based, high value Australian marine bioproducts into global markets.
Commercialisation, Education and Training (CET) in the MB-CRC will facilitate industry uptake through workforce reform, connecting the industry to global networks.