Aquaculture & Fisheries

One major concern hampering the industry is quality aquafeed, which represents up to 80% of aquaculture costs.

Government officials say the new policy will prioritise stricter monitoring of hatcheries, prohibit low-quality feed, and strengthen laboratory testing to ensure food safety.

Stable inland ecosystems could help secure sustainable supplies of raw materials, such as fishmeal for the aquafeed industry.

Loopworm processes 6,000 tonnes of insects annually, producing protein and oil for animal feed and aquaculture.

This achievement joins a growing list of ASC-certified BioMar sites, including facilities in Chile, Ecuador, Costa Rica, Norway, and the U.K.

Four farms in total will share a prize pool of US$200,000, providing financial recognition and visibility to pioneers in sustainable aquaculture.

The draft documents have already undergone extensive stakeholder and public consultations and this is the final step before submission for Cabinet approval.

To help countries implement the new measures, a dedicated fund worth over US$18 million has been set up, with most beneficiaries expected to be in Africa.

The new product strengthens ADM’s growing aquaculture portfolio, which includes feeds, premixes, supplements, and nutritional technologies.

With aquaculture continuing to expand globally, the demand for fishmeal and fish oil remains strong across multiple sectors.