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COVID-19 has scrambled China’s aquafeed sector markets, with domestic market now a primary focus

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.

Read the full story at Seafood Source

Sustainability, communication and collaboration are key for the future of aquafeed

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.

Read the full story at Aquafeed.com

IFFO: More marine ingredients essential to feeding post-COVID markets

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.

Read the full story at Seafood Source

IFFO critiques Calysseo’s alternative feed plant: “Innovation doesn’t imply sustainability”

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.

Read the full story at Seafood Source

IFFO virtual conference trumpets the importance of value-chain collaborations, sustainable solutions

October 27, 2020 — To feed a growing population traceable and nutritious proteins, value-chain collaboration is crucial, according to IFFO, the Marine Ingredients Organization, which recently held its annual conference online.

During the event, IFFO President Anne Mette Baek praised the marine ingredients industry for its ongoing efforts promoting greater sustainability and its engagement with the circular economy – actions she said have helped it maintain resilience.

Read the full story at Seafood Source

IFFO’s Johannessen: Use of marine ingredients in aquafeed “will not decline in the foreseeable future”

September 23, 2020 — IFFO, the international trade body that represents the marine ingredients industry, sees a promising future for itself, even with the rise of alternative, plant- and algae-based aquafeed ingredients.

As part of a new campaign to tell its story to a wider audience, the organization recently relaunched its website and initiated a social media campaign, according to IFFO Director General Petter Johannessen.

Read the full story at Seafood Source

New report explores the future of alternative aquafeed ingredients

April 6, 2020 — A new report from Lux Research explores the future of alternative aquafeed ingredients, evaluating insect protein, single-cell protein, and algae protein as potential replacement options in fishmeal.

The FAO estimated in 2018 that aquaculture production would reach 201 million metric tons (MT) by 2030, in line with a 10 percent annual increase in demand for fish protein. However, according to IFFO, global annual fishmeal production from marine organisms – including fish, krill, shellfish, and algae – has remained at 5 million MT in recent years, with one third of the world’s fishmeal production coming courtesy of byproducts from wild-capture fisheries and aquaculture.

Read the full story at Seafood Source

New identity for marine ingredients certification program, agenda remains unchanged

April 1, 2020 — MarinTrust is the new name for IFFO RS, the global marine ingredient standard for responsible supply, with the organization wanting the change to emphasize the value of trust for products sourced from certified production facilities, and thereby reinforce the industry’s reputation.

MarinTrust Executive Chair Libby Woodhatch told SeafoodSource that as well as giving the organization a name that can be understood by non-native English-speakers, the change provides some crucial distance between the certification program and IFFO, The Marine Ingredients Organization.

Read the full story at Seafood Source

Challenges in Southeast Asia’s fisheries addressed by IFFO, GAA, and SFP in new reports

November 22, 2019 — The Marine Ingredients Organization (IFFO) and the Global Aquaculture Alliance (GAA) have released a full report on Southeast Asian fisheries, containing data not previously released.

In 2017, IFFO and GAA commissioned a study highlighting Southeast Asian fisheries and their fishmeal relevance, producing a final report that was delivered to Fish Matter’s Duncan Leadbitter and published recently. The initial report championed “a requirement for accurate, comprehensive, and up-to-date information as being of prime importance to the management of the sustainability of the aquaculture supply chain,” IFFO explained in a press release. Ultimately, the report concluded that “an integrated approach, based on the concept of collaboration” was the best route to positive impact.

Read the full story at Seafood Source

IFFO elects Anne Mette Bæk president, Gonzalo de Romaña vice president

November 19, 2019 — Anne Mette Bæk, the executive director of Marine Ingredients Denmark, has been elected the incoming president of IFFO, the Marine Ingredients Organization.

IFFO is the trade association representing the fishmeal and fish oil sector. Bæk’s term as president of the organization will begin 1 January, 2020 and last for two years.

Read the full story at Seafood Source

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