Sustaining fishmeal in the modern aquaculture market
A special report published this month by Rabobank’s RaboResearch Food & Agribusiness team by Matthew Muller, International Aquafeed magazine
Fishmeal’s increasing scarcity over recent years has led to the rise in the production of alternative protein ingredients being sourced to keep up with aquaculture’s continuing demand for increased production, says a major report on major report on fishmeal newly-released by RaboResearch Food & Agribusiness compiled by Gorjan Nikolik and Beyhan de Jong.
“With now one good season in Peru behind us and another good season on the way, supply is good and prices have stabilised at a relatively lower level.
“With scarcity of fishmeal and fish oil and high prices, many projects for alternative meals and oils have been stated worldwide. Many are in the pre-profit start-up phase,” say the authors.
“We combine these two observations to make the conclusion that the next few years will be decisive for the rising alternatives producers. Some will emerge and achieve scale, which may in the medium-term further erode prices or at least prevent prices from rising again to what they had been.
“This means all the others will need to find niche markets for their products,” they add.
Therefore, a need for solid growth strategies has presented itself, which companies are keen to exploit in order to remain profitable and competitive. It is prudent to take a look at some of the economic factors of supply and demand that surround the issue of fishmeal.
The Aquaculturists
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magazine International Aquafeed which is published by Perendale Publishers Ltd
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