Denmark's BioMar Group has announced it will build a new feed factory in Australia.

During the last years BioMar has delivered an increasing volume of feed to the Australian market from factories in Chile and Scotland, it said. Now the company is ready to establish a greenfield feed factory in Australia, with a yearly capacity of 110,000 metric tons.

"The market is evaluated to have a high potential for growth within a broad range of species," it said.