Rabobank predicts that the global fishmeal supply will face shortage issues by 2028.

Published 2025년 12월 23일

Tridge summary

The warning comes amid a projected continued slowdown in the overall growth rate of global animal protein production until 2026. Analysis from Rabobank shows that feed producers' use of marine ingredients has already approached the mandatory minimum levels. Global catch volumes have reached their limit, with most fisheries operating within quota limits. Rabobank predicts that if the consumption of fishmeal and fish oil is not further reduced, demand is expected to exceed supply when the El Niño weather pattern is predicted to reoccur in 2028. To alleviate the upcoming supply pressure, Rabobank urges the industry to adopt a multi-pronged strategy rather than relying solely on market forces. Suggestions include adjusting feed formulations to reduce the proportion of marine ingredients, increasing the use of fish processing by-products in fishmeal and fish oil production, and expanding the use of new raw materials. These alternative supplements (such as algae oil, insect protein, and single-cell protein) are seen as potential sources to meet the protein and Omega-3 needs of aquaculture, although cost and large-scale production remain significant challenges. Rabobank emphasizes that the industry needs to shift from short-term transactional relationships to strategic partnerships to ensure sustainable long-term raw material supply, attract investment, and expand the production capacity of these alternatives. Rabobank's "Global Animal Protein Outlook 2026" predicts that seafood will continue to be the main driver of production growth, followed by poultry. Conversely, beef and pork production is expected to decline, marking the first decrease in global land animal production in six years. Rabobank advises animal protein companies to enhance resilience through diversification and industry integration, adjusting product portfolios in response to changing consumer preferences.

Original content

The warning comes as the overall growth rate of global animal protein production is expected to continue to slow down until 2026. An analysis by Rabobank shows that feed producers' use of marine raw materials has already approached the mandatory minimum levels. Global catch volumes have reached their limit, and most fisheries are operating within their quotas. Rabobank predicts that if the consumption of fishmeal and fish oil is not further reduced, demand could exceed supply when the El Niño weather pattern is expected to recur in 2028. To alleviate the impending supply pressures, Rabobank urges the industry to adopt a multi-pronged strategy rather than relying solely on market forces. Suggestions include adjusting feed formulations to reduce the proportion of marine raw materials, increasing the use of fish processing by-products in fishmeal and fish oil production, and expanding the use of new raw materials. These alternative supplements (such as algae oil, insect protein, and ...
Source: Foodmate

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