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Fishmeal & Fish Oil Market value expected to rise to USD 14.28 billion by 2022

 01.06.2017 13:46:53

• Global fishmeal & fish oil market projected to grow at a CAGR of 8.50%.
• The global fishmeal & fish oil market is projected to reach a value of USD 14.28 billion by 2022, at a CAGR of 8.50% from 2017.
• The market is driven by factors such as growing trend in fishmeal & fish oil trade and the increasing global demand for quality fish.
• Aquatic animals segment is projected to be the fastest-growing segment in the fishmeal & fish oil market.
• Pharmaceuticals segment led the market with the largest share in 2016.

 

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Stable fishmeal prices forecast, alternative protein players could face choppy waters

 01.06.2017 13:45:31

Fishmeal prices have softened and look like they are going to stay at that level for the mid-term, a trend that could weigh heavily on the fortunes of many an alternative protein business targeting the aquaculture sector, says an analyst.

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Fishmeal replacement now commercially available

 01.06.2017 13:44:36

The first batch of FeedKind fishmeal replacement to be produced at Calysta's new production plant on Teesside is now commercially available for feed manufacturers. Four tonnes of FeedKind are now up for grabs in order to support market development in the European Union, the United States, Japan, Southeast Asia, China, and Australia. The microbial protein is produced via a continuous fermentation process of a natural microorganism, using the world's only commercially-validated gas fermentation process. The Teesside plant has met its design parameters, including key commercial metrics such as yield and productivity. The facility has successfully maintained a continuous fermentation for eight weeks, which yielded the first batch.

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With fishmeal production back on track, Peru expects to regain market share

 01.06.2017 13:42:46

Increasing demand for fish oil from China and low menhaden yields in oil production could avoid a further drop in prices in that segment as well, experts tell IntraFish.

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Construction starts on first Russian newbuild under investment quotas plan

 01.06.2017 13:39:00

According to a press release from the Arkhangelsk government, a ceremony was held on May 31 (see image above) to celebrate the start of work on an 86 x 17 meter trawler for Arkhangelsk Trawl Fleet (ATF), one of Russia's largest cod and haddock fishing firms. The vessel, based on a design from Norway's Skipsteknisk, is one of four ordered by ATF (see image below).

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Is meat and bone meal coming back into EU feed?

 13.12.2016 13:43:46

The chance that meat and bone meal could be included in animal feed once again is unlikely. The European Commission intends not to make a proposal for its re-introduction on the short term. This was stated recently by EU commissioner Vytenis Andriukaitis, responding to questions by Dutch politician Jan Huitema, member of the European parliament.

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Fishmeal prices predicted to soften in 2017 (compared to 2016)

 13.12.2016 13:41:20

Fishmeal production is set to increase, and prices should weaken in 2017, compared to this year's level, says a Rabobank analyst. "Fishmeal prices already contracted in late 2016, based on Peru setting its second anchovy fishing quota at 2m metric tons in November, coupled with weak demand.

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Russia aquaculture suffers due to lack of feed

 13.12.2016 13:31:49

WASHINGTON, D.C., U.S. - Development of the aquaculture sector in Russia is far below its potential. The current annual production is estimated at 160,000 tonnes, or 3%-4% of total fish and seafood production in Russia, the U.S. Department of Agriculture's (USDA) Foreign Agricultural Service (FAS) said in a Feb. 26 report. Russia's share of world aquaculture production is estimated at only 0.2%. Lack of government support, outdated equipment and production technologies, as well as a deficit in feed, are major constraints to further development of the sector.

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Rabobank forecasts fishmeal production to improve, prices to decrease

 13.12.2016 13:28:48

Rabobank expects the anchovy total allowable catch (TAC) in Peru will normalize to 2-3 million metric tons per season from 2017 onwards, the bank said.In 2016, fishery in Peru was negatively impacted by El Nino, which brought global fishmeal production to a new low. El Nino, which contributed to increase temperatures in 2015-2016 has declined since last July. However, the expected recovery of fishery was delayed by biomass measurement issues, Rabobank said.

 

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Calysta, Cargill scouting further sites for alternative feed plants

 13.12.2016 13:23:56

Alternative fish feed producer Calysta is already actively looking for sites for plants to produce its 'FeedKind' product, even as it opens its sample-quantity factory on Teesside, in the UK.

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