The MIA-based company also took away the NSW Business Chamber Excellence in Sustainability Award - for the second year running, at the NSW Business Chamber State Business Awards event in Sydney on Friday.

"Out of 800,000 business in NSW, we are so humbled to be recognised in this incredible way," a spokesperson for the company said.

"Thank you to our incredible leaders and team."

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Already this year Aquna has taken away awards at the Griffith Business Awards, the Riverina-Murray Business Awards.

NSW Business Chamber CEO Stephen Cartwright congratulated Aquna on being a "fantastic, innovative and progressive" business.

"{Aquna] thoroughly deserve to be named Business of the Year," he said.

"To think that they tested themselves against businesses from every region across our State and came out on top speaks volumes for the work they do, and how they do it."

With a commercial fishing ban on wild Murray cod, and an increasing appetite for the iconic fish, Aquna has responded by developing a versatile ingredient that gives chefs new and flexible ways of including white-fleshed Murray cod on the menu.

By using a land-based aquaculture model, Aquna has one of the lowest environmental footprints in the industry.

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