Future of Fishmeal and Fish Oil
Fishmeal and fish oil have long been the backbone of global aquaculture and livestock feed industries. Rich in essential nutrients, these marine-derived products play a critical role in supporting the health and growth of farmed fish, poultry, and pigs. However, as environmental concerns mount and wild fish stocks face increasing pressure, governments around the world are stepping in to reshape the future of fishmeal and fish oil through policy, research, and innovation.
In this blog, we explore the latest developments from official government sources, including the United States’ NOAA and USDA, and Peru’s Ministry of Production, to understand how sustainability, climate resilience, and alternative feed technologies are driving transformation in this vital sector.
Why Fishmeal and Fish Oil Matter
Fishmeal is a high-protein feed ingredient made from small, oily fish such as anchovies, sardines, and menhaden. Fish oil, extracted from the same sources, is prized for its omega-3 fatty acids, which are essential for cardiovascular and neurological health in both humans and animals.
Together, these products support:
- Aquaculture nutrition: Ensuring optimal growth and health of farmed fish.
- Livestock feed: Enhancing feed efficiency and immune function.
- Pet food and supplements: Providing high-quality protein and essential fatty acids.
Despite their benefits, the industry faces challenges related to overfishing, climate variability, and sustainability concerns, prompting governments to take action.
United States: NOAA & USDA Lead the Charge
The National Oceanic and Atmospheric Administration (NOAA) and the U.S. Department of Agriculture (USDA) are at the forefront of efforts to reduce dependence on traditional fishmeal and fish oil through the Alternative Feeds Initiative.
Research-Driven Innovation
According to NOAA Fisheries, the use of fishmeal in salmon diets has dropped dramatically, from 70% in the 1980s to just 25% by 2017. This shift is driven by research into alternative ingredients such as:
- Algae-based oils: Rich in omega-3s and produced sustainably.
- Soy and pea proteins: Plant-based alternatives with high digestibility.
- Single-cell proteins: Derived from bacteria, yeast, and fungi.
These innovations aim to maintain the nutritional integrity of aquaculture feeds while reducing pressure on wild fish populations.
Sustainability at the Core
NOAA emphasises that fishmeal and fish oil are still valuable due to their nearly perfect balance of essential nutrients. However, the agency is committed to promoting responsible sourcing and feed efficiency to ensure long-term sustainability.
The NOAA-USDA Alternative Feeds Initiative brings together scientists, industry leaders, and policymakers to accelerate the development and adoption of these alternatives. The goal is to create a resilient aquaculture sector that can meet growing global demand without compromising marine ecosystems.
Peru: Anchovy Recovery Signals Market Rebound
Peru is one of the world’s largest producers of fishmeal and fish oil, primarily derived from anchovy fisheries along its Pacific coast. The sector is second only to mining in terms of economic importance, making it a key focus for government oversight and forecasting.
USDA’s 2024 Oilseeds and Products Annual Report
The USDA Foreign Agricultural Service recently released its 2024 report on Peru’s fishmeal industry, highlighting a strong recovery in production and exports:
- Fishmeal production is forecast to reach 1.1 million metric tons in MY 2024/25, a 39% increase from the previous year.
- Exports are expected to hit 1.08 million metric tons, up 35%.
This rebound is attributed to the end of the El Niño cycle and the potential onset of La Niña, which favours anchovy biomass growth. Warmer waters during El Niño events typically reduce fish availability, while cooler La Niña conditions support spawning and population recovery.
Climate-Responsive Fisheries Management
Peru’s Ministry of Production, in collaboration with international agencies, closely monitors oceanographic conditions to adjust fishing quotas and protect anchovy stocks. This adaptive management approach ensures that fishmeal production remains both economically viable and ecologically responsible.
Global Implications: Balancing Nutrition, Sustainability, and Demand
The developments in the U.S. and Peru reflect broader global trends in the fishmeal and fish oil market:
Rising Demand for Aquaculture
With wild fisheries plateauing, aquaculture is expected to supply over 60% of global seafood by 2030. This surge in production drives demand for high-quality feed ingredients, including fishmeal and fish oil.
Innovation in Feed Formulation
Governments and research institutions are investing in feed optimisation technologies to reduce waste, improve digestibility, and enhance nutrient absorption. These efforts not only lower feed costs but also reduce environmental impacts.
Regulatory Oversight and Certification
Sustainability certifications such as Marine Stewardship Council (MSC) and IFFO RS are gaining traction, with governments encouraging producers to meet these standards. Certified fishmeal and fish oil products are more likely to be accepted in international markets, especially in Europe and North America.
Challenges Ahead: Climate, Compliance, and Consumer Perception
Despite progress, the industry faces several hurdles:
- Climate variability: Events like El Niño and La Niña can drastically affect fish availability and production volumes.
- Regulatory compliance: Meeting evolving environmental and trade regulations requires continuous investment and adaptation.
- Consumer awareness: As sustainability becomes a key purchasing criterion, producers must ensure transparency and traceability in their supply chains.
Governments play a crucial role in addressing these challenges through data-driven policy, international collaboration, and support for innovation.
A Sea of Change for Fishmeal and Fish Oil
The fishmeal and fish oil market is undergoing a transformation driven by government-backed sustainability initiatives, climate-responsive management, and cutting-edge research. From NOAA’s push for alternative feeds to Peru’s strategic anchovy recovery, the message is clear: the future of marine-derived nutrition lies in balance, innovation, and responsibility.
As global demand for aquaculture and livestock feed continues to rise, the role of fishmeal and fish oil will remain vital, but not immutable. With governments leading the way, the industry is poised to evolve into a more sustainable, resilient, and forward-thinking sector.