Saving Seafood

Latest IFFO report shows August uptick in fishmeal, but near-decade lows for year overall

October 7, 2026 — A new report released by IFFO – the Marine Ingredients Organization found raw material production for fishmeal and fish oil improved in August, but the long term outlook is still gloomy.

According to data collected by IFFO from its members, August data showed higher fish meal and fish oil production globally compared to the same period last year. For the year to date, however, fishmeal production was still running 45 percent behind the same period of 2025, and fish oil production was down 26 percent.

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IFFO reports fishmeal, fish oil output well behind last year

September 16, 2026 — FFO – The Marine Ingredients Organization’s latest snapshot of fishmeal and fish oil production has found outputs of both are well behind the pace set in 2025.

According to IFFO, fishmeal output in the first seven months of 2026 is down 49 percent compared to the same period of 2025, and fish oil output is down 30 percent. The majority of that drop is related to Peru and Chile, but softer catches in Africa and Northern Europe have compounded to cause a global drop in production.

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IFFO reports weak fishmeal and fish oil output as El Niño impacts fisheries

August 20, 2026 — IFFO – the Marine Ingredients Organization is reporting continued weak output of fishmeal and fish oil as a coastal El Niño weather pattern impacts raw material availability.

Scientists warned in July that a “Super” El Niño was likely to develop in 2026, causing a wave of different impacts on multiple global fisheries. Fisheries were already anticipating the phenomenon before it started to gain strength but, ultimately, could do little but react to warming water.

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IFFO statistics find fishmeal, fish oil production slowed in January and February

March 30, 2026 — A new report conducted by IFFO – the Marine Ingredients Organization indicates global fishmeal and fish oil production slowed in January and February 2026.

The analysis – which IFFO performs monthly using data from its member companies – found most countries it analyzed produced less fishmeal and fish oil compared to the prior year, with only a few exceptions – mainly the “Norway/Denmark” region and the United States.

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IFFO surveys find global fishmeal, fish oil production has increased so far in 2025

September 8, 2025 — The latest statistics gathered by IFFO – the Marine Ingredients Organization indicates global fishmeal and fish oil production through July 2025 is ahead of global production in the same period of 2024.

According to IFFO – which gathers survey data from members in Chile, Denmark, the Faroe Islands, Iceland, Côte d’Ivoire, Mauritius, Norway, the U.K., the U.S., Peru, South Africa, and Spain – global production of fishmeal through July 2025 is roughly 8 percent ahead of the same period of 2024. Fish oil production is also ahead of last year and has increased by around 5 percent.

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IFFO Members’ Meeting: Industry recovers from El Niño, charts future with byproducts and diversification

June 2, 2025 — IFFO’s Members’ Meeting, held in Madrid from May 13-14, 2025, brought together a record 267 delegates from 36 countries. This year, the main highlight was the industry’s recovery following the El Niño event.

During the meeting, Enrico Bachis, market research director at IFFO, presented 2025 projections for fishmeal and fish oil: 5.6 million tons of fishmeal and 1.2-1.3 million tons of fish oil. With Peruvian production recovering and other global producers maintaining stable levels, fishmeal and fish oil production are expected to remain consistent in 2025.

However, El Niño impacted more than just production levels, it also drove structural change in the industry. “This year, we saw Cooke acquiring Copeinca, and Centinela was acquired by Exalmar. Last year, another Peruvian company was also sold. Some companies are better positioned to withstand fishing bans, so after El Niño, we are seeing consolidation in the industry,” Bachis said.

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IFFO responds to conflict-of-interest claims regarding sustainability initiatives

July 18, 2024 — IFFO has responded to a report accusing the organization as being rife with conflicts of interest.

The report by environment-focused news website DeSmog, “Revealed: Industry-led West Africa Fishery Protection Measures Marred By ‘Massive Conflicts of Interest,” accused IFFO’s sustainability initiatives, including the Global Roundtable on Marine Ingredients and the MarinTrust certification program – ostensibly independent but founded by IFFO in 2009 – as protecting industry interests over local communities in West Africa, where MarinTrust and IFFO members have established a fishery improvement project in Mauritanian waters that has been criticized as not achieving significant progress.

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Global fishmeal production down 27 percent in Q1 2024, but trending positive for rest of year

May 12, 2024 — Global fishmeal production decreased approximately 27 percent within the first three months of 2024, compared to the same period in 2023.

The decline was driven by the the second fishing season in Peru’s North-Central region in 2023, which had a below-average quota. That lower quota lead to reduced catches at the start of 2024, according to IFFO, The Marine Ingredients Organization.

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IFFO reports higher fishmeal supply, but lower demand in China

May 15, 2023 — Global fishmeal production in 2023 through March was up 36 percent year-over-year, according to IFFO – The Marine Ingredients Organization.

IFFO, which tracks fishmeal production in Peru, Chile, Denmark, Norway, Iceland, the United States, Africa, and Spain, reported improved availability of raw material, bolstered by a late start to the second fishing season in the north-central area of Peru.

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IFFO, SFP convene roundtable to improve sustainability of global fishmeal, fish oil sector

June 29, 2022 — Amidst the backdrop of continuing growth in global demand for fishmeal and fish oil products, IFFO, the international trade body that represents the marine ingredients industry, and the Sustainable Fisheries Partnership are advancing the sustainability of the sector through a pre-competitive platform that has engagement from across the sustainable seafood movement.

At the 2022 North Atlantic Seafood Forum in Bergen, Norway, on 22 June, stakeholders from the various groups involved with the Global Roundtable on Marine Ingredients – which include Olvea, BioMar, Cargill, Skretting, the Aquaculture Stewardship Council, Marin Trust, the Global Seafood Alliance, Nestlé, the Federation of European Aquaculture Producers, and the recently added Marine Stewardship Council – gave an update on the progress the roundtable has made since it was formed in October 2021.

Read the full story at SeafoodSource