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.
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.
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April 27, 2022 — The aquaculture feed sector is seeing the development of new inputs with the potential to improve the sustainability and availability of its product. While these new innovations can contribute to meeting the needs of a growing population, the buzz around such opportunities overshadows the importance of – and innovation in – traditional inputs like fishmeal, which still holds the greatest potential to efficiently deliver a nutrient-rich, sustainable feed to the aquaculture marketplace.
Petter Martin Johannessen joined IFFO, the international trade body that represents the marine ingredients industry, in 2018 as director general. He will be a featured speaker for the Seafood Expo Global conference session “Beyond the buzz: Developing a healthy, sustainable feed,” taking place on 28 April from 10:30 – 11:30. Here, Johannessen shares his thoughts on what the future holds for marine ingredients.
SeafoodSource: What role do marine ingredients play in the market now, and what role do you see the industry playing in the future?
Johannessen: The role of marine ingredients in supporting the growth of aquaculture is well known for being the foundational ingredients that underpinned the development of the sector worldwide. Still today, more than 70 percent of fishmeal and fish oil production are used by aquaculture because of an unmatched combination of properties: nutritional profile (long chain omega-3s, protein, vitamins and minerals), palatability, digestibility, volumes (approximately 5 million metric tons [MT] of fishmeal and 1 million MT of fish oil are produced each year), and prices.
Based on the United Nations’ FAO estimates, aquaculture production could more than double and reach 140 million MT by 2050. With more and more feed ingredients required to support this growth, marine ingredients are increasingly used at strategic stages of the production cycle, where critical nutrients are indispensable. Increasing marine ingredient production into the future is expected through the better use of fishery and aquaculture by-products, which already make up one third of marine raw materials used to produce fishmeal and fish oil.
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February 24, 2022 — The aquaculture industry – and the non-governmental organizations that scrutinize it – rely on complex tools to calculate the impact, effectiveness, and value of marine ingredients to the aquaculture industry.
IFFO, the international trade body that represents the marine ingredients industry, recently completed a review of the primary metrics used to analyze the sector, using the latest available data, reviewed the industry’s performance over the last 20 years.
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February 2, 2022 — Gonzalo de Romaña, the CEO of Lima, Peru-based fishmeal and fish oil producer Tecnológica de Alimentos (TASA), has won election to serve as president of the IFFO Board of Directors. His term began 1 January.
IFFO – The Marine Ingredients Organization is an international trade body representing the marine ingredients industry. Its previous president was Anne Mette Baek, the executive director of Marine Ingredients Denmark, who served a two-year term.
December 2, 2021 — Fisheries management using maximum sustainable yields (MSY) is key to maintaining healthy stocks, according to Brett Glencross, the technical director of IFFO, The Marine Ingredients Organization.
The global fishmeal and fish oil industry has become increasingly sustainable as many of the world’s developed nations have put MSY limits in place, and as an increasing number of seafood companies make the use of sustainably certified ingredients a non-negotiable precondition of their sourcing policies, said Glencross, who was appointed to his position in May 2021.
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July 14, 2021 — China’s domestic aquaculture sector is shifting its production focus to a later harvest in order to supply rising demand from within the country, according to a leading Chinese supplier of fishmeal and fish oil.
A fishmeal trader with an IFFO-certified fish oil refining plant, Fujian High Fortune Bio-Tech Group also has a GMP plant for omega-3 related products and healthcare industry production. Its clients are in the human consumption and health care industries, in addition to animal and aquafeed production and the pet food industry.
April 28, 2021 — The Marine Ingredients Organization (IFFO) hosted a webinar with all members of the organization with the latest insights from nearly 20 speakers on the global fishmeal and fish oil markets, in-depth country presentations and new research insights.
The panel looked at salmon and shrimp market trends. All panelists, from Allan Cooper (Vitapro S.A.) to Therese Log Bergjord (Skretting), Aisla Jones (Co-op), Odd Eliasen (Havsbrun) and Jonathan Banks, underlined that sustainability, transparency and communication with consumers are central to the future of aquafeed. Documented facts and figures on seafood’s carbon footprint, nutritional properties of fishmeal and fish oil and sustainable harvesting of fish stocks demonstrate aquaculture’s success story.
Throughout the COVID-19 pandemic, a major shift has happened in the shrimp sector mainly, with some changes occurring also in the salmon industry. Supply chains have adapted to allow for a move to retail to be made. Digital transformation, through analytics, will be the way forward to improve service, traceability and feed efficiency.
April 22, 2021 — The seafood industry’s managing of the COVID-19 crisis can be used as a blueprint for how it can meet other challenges it will face in the future, according to IFFO, The Marine Ingredients Organization Director General Petter Martin Johannessen.
In an IFFO webinar on 20 April, Johannessen said COVID-19 presented the seafood industry with unprecdented challenges, but also gave an opportunity to adapt the way that it works. And with the expectation that there will be continued – or possibly accelerated – market growth once the pandemic subsides, the industry has the ability to lock in improved practices for the future, he said.
January 13, 2021 — The construction of Calysseo’s new FeedKind alternative protein plant in Chongqing, China, poses no long-term challenge to the fishmeal and fish oil industry, according to the sector’s largest trade group.
Work commenced in early January on Calysseo’s new plant in the southwestern Chinese city of Chongqing as part of a joint venture between animal feed additives firm Adisseo and protein innovator Calysta. The plant will initially produce 20,000 metric tons of fish-free aqua-feed per year, with more capacity to be added in a second phase of construction. The product is produced from a gas fermentation process involving a naturally occurring bacteria.