Govt. Policy and Regulatory

Industry stakeholders say the change could raise feed costs by around 3–6%.

Multi-mycotoxin contamination continues to pose a major challenge for global feed production, according to the 2025 Global Mycotoxin Report

The initiative is addressing feed shortages and high production costs, including research into alternative feed sources such as black soldier fly larvae, and is supporting sustainable growth.

The transition of the fishmeal industry from land to sea represents a significant shift in the regional “blue economy” landscape, carrying profound fiscal and environmental implications.

The feed is intended to stabilise livestock body conditions and protect pastoral livelihoods at a time when pasture has been depleted, and water sources have shrunk.

The initiative targets US$10 million in investments by 2036

The current fish production is 163,000 metric tonnes, and it is projected to increase by 36% by 2030.

The draft legislation seeks to strengthen genetic conservation, improve disease control, and regulate fisheries.

In a pilot study conducted in 2023–2024, which served as a proof-of-concept, researchers achieved 4.3 MT of seabass per acre with an FCR of 1.2.

Nearly 800 feddans (roughly 830 acres) allocated to expand sheep, goat, and fodder production