FREEPORT, Maine — The expression “Waste not, want not” originated in America. By surveying the best seafood utilization practices around the world, Maine could lead the United States in reviving thrift and increasing profits and sustainability.
Maine lobster has become synonymous with value. But what if there were additional profits waiting to be unlocked in what we currently toss out?
Surprisingly, chitin, a natural polymer found in lobster shells, can be harvested and amassed for high-value agricultural, industrial and medical applications. Chitin from crustacean shells is just one example of 100 percent seafood utilization.
Just like Native Americans used every part of the buffalo, there are now opportunities to fully use seafood and push upward on the value chain. Investing time and resources in the utilization movement could generate new jobs, products and startups in Maine and beyond.
The Center for a Livable Future at Johns Hopkins University estimates that the United States wasted 4.6 million metric tons of edible and inedible seafood from 2009 to 2013. During this same period, the center calculated, at least 1.8 trillion milligrams of fish oil was wasted.
With raw fish oil selling for $9 a pound and fish oil capsules selling for $370 a pound, the raw oil wasted in the United States represents millions of dollars in potential value if worked up to pharmaceutical quality. This is just one example of an opportunity for economic and environmental improvement.