IFFO expects big increase in use of fishmeal in pig feed in Asia

Published 2020년 10월 26일

Tridge summary

In 2019, Peru continued to lead as the largest producer of pelagic-based fishmeal and fish oil, while China remained the biggest importer of fishmeal. Norway held the top spot as the largest importer of fish oil. The aquaculture sector consumed the majority of both fishmeal and fish oil globally. The IFFO anticipates an increase in the use of fishmeal in pig and poultry feed and pet food in 2020. Asia, particularly China, was responsible for nearly 70% of global fishmeal production in 2019. The consumption of fishmeal and fish oil in aquaculture varied by species, with crustaceans and freshwater species being the highest consumers. The consumption of fish oil in aquaculture was predominantly in Europe due to its large salmonids farming industry.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

In 2019 there was little change to report in terms of biggest marine ingredient exporters and importers – Peru remained the main pelagic-based fishmeal and fish oil production and exporting country, while China stayed the biggest importer of fishmeal – at 1.4m tons, and Norway the biggest importer of fish oil. No changes are expected to that data in 2020, reported Dr Enrico Bachis, market research director at the international trade organisation that represents the marine ingredients industry, IFFO. He was presenting last week, during a virtual two-day IFFO event, on marine ingredient demand globally for 2019 versus 2018 with a peak into trends for 2020. Globally, last year saw the aquaculture sector stay on top as the biggest consumer of both fishmeal and fish oil, with a 78% share of fishmeal production and a 68% share of fish oil output. The IFFO again anticipates little deviation in that respect but does forecast higher usage of fishmeal in pig and poultry feed and pet food ...

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