The future supply of wild fish meal and fish oil is bound to decrease

IFFO marketing director once said, why are people still talking about substitutes for fish meal and fish oil in aquaculture feed? Kevin Fitzsimmons, director and professor of international initiatives at the University of Arizona, wrote to this letter and pointed out that because people do not go hunting in nature, they no longer mix soybeans, corn, rice, cassava, wheat, poultry meat, blood meal or any other nutrients to make artificial feed.

Hunting and fishing are the last important hunting and gathering industries on earth, and they are rapidly replaced by aquaculture. The commercial quantity of cultured algae, microorganisms, yeasts and insects in the market continues to increase, accumulating more market share every day, while fish meal and fish oil suppliers are standing still.

In the relatively short term, Kevin Fitzsimmons agreed with IFFO that the share of wild fish meal and fish oil in diet formula will continue to decrease, and they are increasingly regarded as special ingredients to improve palatability and possibly provide some micronutrients. Most of the nutrients will come from lower cost and more sustainable ingredients. From an economic point of view, basic supply is decreasing, demand is increasing and prices are rising, while alternative energy sources are becoming more and more common and prices are falling. Seafood processing waste will account for an increasing share of fish meal supply. Just as land feed uses products produced by farmed animals and almost no products produced by hunting wild animals, commercial fishing is also decreasing on a global scale.
Source: China Agricultural Information Network

Post time: Jul-13-2021