Feeding a growing population
The Multiplier effect
- High productivity: For the last 25 years, the production of fishmeal and fish oil has been relatively stable at approximately 5 million tonnes of fishmeal, and 1 million tonnes of fish oil. Supply has not increased alongside the increased need for aquafeed volume.
- Multiplier effect: 1kg wild fish gives 4.5kg farmed fish across global production systems. Thus, fish which do not have a food market are converted into 4.5 times the volume of fish that people do want to eat.
- Decreasing impact on ecosystems: 1/3 of fishmeal is now produced from byproducts that are left over after fish from food have been processed
Marine ingredients provide unrivalled and essential nutrients to farmed seafood, most importantly in early stages of growth. The sources of marine ingredients are often from fish that don’t have a strong food market and this valuable resource can instead be processed in fishmeal and fish oil to further contribute to global protein production, food security and farmed animal and human health. Traditionally fishmeal and fish oil provided the foundation of aquafeed, but due to the finite supply of this essential resource, they are now used strategically to ensure the continued health of the fish.
In 2018, an estimated 75% of fishmeal and 73% fish oil produced went to aquaculture. For the raw material, 1kg of fish through the use of aquaculture produces over 4.5kg of farmed seafood. When comparing processed products, 3.5 million tonnes of fishmeal and 700,000 tonnes of fish oil, produces more than 44 million tonnes of fed farmed seafood with the benefit of the additional predominantly plant-based ingredient supply. This equates to an incredible multiplier effect of producing more than 10 times their volume in farmed seafood, illustrating the true importance of fishmeal and fish oil to global farmed seafood production.