Fish Meal Market

How big is the Fish Meal Market in 2026?

Demand from fish and shrimp farms is expected to bring the Fish Meal Market to USD 74.8 billion by 2036. FMI estimates the market at USD 48.7 billion in 2026 and projects a 4.4% CAGR from 2026 to 2036. The market was valued at USD 46.6 billion in 2025. Aquaculture holds 50.0% by application in 2026. Wild-caught fish meal accounts for 40.0% by source, and Standard and FAQ grades represent 44.0% by grade in FMI's 2026 assessment.

Farmed output keeps rising while the raw fish base stays flat. The Food and Agriculture Organization reported a record 103 million tonnes of farmed aquatic animals in 2024. IFFO notes that fishmeal output has averaged about 5.0 million tonnes a year since the mid-2000s. Feed mills therefore bid for a fixed pool of protein, and each supply shock moves price quickly.

Catch limits are the material restraint. Peru's Ministry of Production recorded in El Peruano that the first 2026 season in the north-centre reached only 24.6% of its limit, one of the lowest rates since 2009. BioMar gives a qualified example of the buyer response, since it raised strategic inventories of critical raw materials in the first half of 2026. One feed maker's stock policy does not show how every buyer will react.

Key Market Trends & Insights

• Marine protein has repriced in 2026. Austevoll reported Peruvian fishmeal prices 42.0% higher year on year in the second quarter. Super prime meal of 68.0% protein was quoted at USD 3,190.0 per tonne FOB Peru. Standard meal of 65.0% protein was quoted at USD 2,990.0. A premium of only USD 200.0 per tonne shows that buyers are paying for availability first and grade second.
• Processing residues now supply a third of global meal. IFFO's analysis of FAO data places by-products at 34.0% of world fishmeal production in 2024. BioMar says about half of its marine ingredients come from by-products and not from forage fish. Trimmings follow seafood processing volumes, so they spread quota risk for feed buyers.
• Feed makers are cutting the marine share of each tonne of feed. Fish meal made up 11.3% of Skretting Norway's feed in 2025. Japan's Fisheries Agency reports trials of insect and microalgae feeds for red sea bream. These substitutes are tracked in the fish meal alternative market, and they cap volume growth in mature salmon and sea bream feed.

Regional Highlights

• Latin American supply contracted sharply in 2026. Austevoll reported a first-season Peruvian quota of 1.9 million tonnes, 36.0% below 2025. National catch had reached only 25.0% of that quota by the end of July. Buyers that depend on Pacific meal now need other qualified origins.
• Europe faces tighter North Atlantic raw material. The 2026 blue whiting total quota agreed by coastal states is 41.0% lower than in 2025. BioMar reports that talks on sharing key pelagic stocks failed, so those stocks are set to lose responsible-fishery status. European salmon feed buyers that accept only certified meal may have to change approved origins.

Fish Meal Market Size and Forecast

Table 1: Fish Meal Market Size and Forecast

Market size and forecast	Value
Market size in 2025	USD 46.6 billion
Estimated market size in 2026	USD 48.7 billion
Projected market size by 2036	USD 74.8 billion
CAGR from 2026 to 2036	4.4%

Source: Future Market Insights analysis of the fish meal market, 2026.

Analyst Perspective

“Feed mills buy fish meal against protein, freshness and ash limits. They pay a premium only when a grade improves growth or survival in their own trials. Producers with their own fleets, trimmings contracts and certified plants keep shipping when one fishery closes. A forced change of origin is the main qualification risk because a feed maker must re-test a new meal before it enters a salmon or shrimp formula.”

- Nandini Roy Choudhury, Principal Analyst at Future Market Insights

How is the Fish Meal Market segmented?

• By application: Aquaculture, Animal Feed, Fertilizers, and Pet Food. Compound feed for farmed species is covered in the fish feed market.
• By source: Wild-caught Fish Meal and Others.
• By grade: Prime and Super-Prime, Standard and FAQ, and Low-Protein and Mixed By-Product.
• By livestock: Aquatic Animals, Swine, Poultry, Pets, and Others.
• By region: Asia Pacific, Europe, North America, Latin America, and Middle East and Africa.

Why does Aquaculture lead by Application in the Fish Meal Market in 2026?

Aquaculture holds 50.0% of the Fish Meal Market by application in 2026.

Fish and shrimp farms buy meal for digestible protein in starter and grower feeds. Farmed supply keeps expanding. The FAO counted 103 million tonnes of farmed aquatic animals in 2024, the first year above 100 million tonnes. Aquaculture also supplied 53.0% of all aquatic animal production. Every new tonne of farmed fish adds feed tonnage, even when meal inclusion per tonne of feed falls.

Large feed makers show the scale of this demand. BioMar's feed sales rose 3.0% to a record 395,000 tonnes in April to June 2026. It raised its 2026 volume guidance to between 1.63 and 1.70 million tonnes. Marine ingredients make up about 20.0% of its formulas. Mowi expects to harvest 605,000 tonnes of salmon in 2026 from seven farming countries.

Animal Feed, Fertilizers and Pet Food together account for the remaining 50.0%. Pig feed is the weakest part of that group in 2026. IFFO expected fishmeal use in Chinese pig feed to fall in 2026 after a planned cut of one million sows. Pet food is steadier, with US pet industry spending at USD 158.0 billion in 2025.

Table 2: Application, 2026 Share

Leading Share	2026 market share
Aquaculture	50.0%
All Other Segments Combined Share	50.0%

Source: Future Market Insights analysis of the fish meal market, 2026.

Why does Wild-caught Fish Meal lead by Source in the Fish Meal Market in 2026?

By source, wild-caught fish meal accounts for 40.0% of Fish Meal Market value in 2026, according to FMI's assessment.

Whole forage fish such as anchoveta, blue whiting and menhaden go straight from the vessel to the meal plant. These fisheries deliver large volumes in short seasons, which suits continuous cookers and dryers. Peru alone produces about 20.0% of global fishmeal in an average year, according to IFFO. The FAO reported that anchoveta catches more than doubled to over 5.0 million tonnes in 2024.

The same concentration makes the category volatile. Peru's fishmeal and fish oil output fell 52.8% in 2023 and rose 153.4% in 2024, according to the central bank. It slipped 1.5% in 2025. A poor season removes a large block of supply at once. Buyers then pay spot prices or switch formulas.

Other sources together account for the remaining 60.0% and span several raw material streams. Meal recovered from processing trimmings is one of them. Trimmings supplied 23.3% of the fish meal that Skretting Norway used in 2025. That supply follows seafood processing and not forage quotas.

Table 3: Source, 2026 Share

Leading Share	2026 market share
Wild-caught Fish Meal	40.0%
All Other Segments Combined Share	60.0%

Source: Future Market Insights analysis of the fish meal market, 2026.

Why do Standard and FAQ grades lead by Grade in the Fish Meal Market in 2026?

Standard and FAQ grades hold a 44.0% share by grade in FMI's 2026 assessment of the Fish Meal Market.

Standard and fair average quality meals are the benchmark grades in fish meal trade. Feedipedia describes standard or FAQ meal as roughly 64.0% to 67.0% crude protein, against 68.0% to 72.0% for prime and super prime grades. Many grow-out rations can be formulated around the standard range. Those rations need volume at a known price more than peak protein.

Price spreads support the lead. Standard meal sold at a 6.7% discount to super prime on FOB Peru quotes in mid-2026. A premium of that size is too small to move most buyers up a grade when any meal is scarce. Standard meal also comes from a wider range of plants and origins.

Prime and Super-Prime grades and Low-Protein and Mixed By-Product grades together represent the remaining 56.0%. Prime grades need fresher raw material and gentle drying, according to Feedipedia. Meals with more heads, frames and bones carry more ash and less protein. Salmon and juvenile shrimp feeds pay for the higher grades.

Table 4: Grade, 2026 Share

Leading Share	2026 market share
Standard and FAQ	44.0%
All Other Segments Combined Share	56.0%

Source: Future Market Insights analysis of the fish meal market, 2026.

What are the key drivers restraints and opportunities?

Fish meal demand comes from feed formulators who need protein of a stated grade. Supply comes from a few quota-managed fisheries and from processing residues.

Driver

Salmon output is rising in both large producing countries. Norwegian salmon export volume grew 13.0% in 2025. Chilean salmon and trout shipments grew 19.0% in early 2026. Each extra tonne of salmon needs more feed. Feed makers then need certified meal of consistent grade in larger lots.

Restraint

El Niño conditions are cutting Pacific catches in 2026. Peru suspended its north-centre anchoveta fishery after IMARPE found warm water, weak spawning and many juveniles. Austevoll reported combined meal and oil yields of 24.8% for April to June against 26.2% a year earlier. Feed makers answer scarce meal with more plant protein, a shift covered by the plant-based fish feed market.

Opportunity

Traceable meal from processing residues offers growth outside forage quotas. BioMar already sources about half of its marine ingredients from by-products. MarinTrust certification covered 63.9% of Skretting Norway's marine ingredients in 2025. Processors that turn trimmings into certified meal can sell into this demand, and the wider value pool is tracked in the marine by-products market.

How do catch rules and certification affect fish meal purchasing?

Catch rules decide how much raw fish reaches meal plants and when. Peru's southern season rules require a fishing stop of at least three days in an area where juveniles exceed 10.0% of a port's daily landings. Vessels must use nets of at least 13 mm mesh and carry working satellite trackers. In September 2026 the ministry excused vessel owners from the rule to land 80.0% of their individual limit in the failed north-centre season. Peru also set a separate limit of 75,000 tonnes of anchoveta for direct human consumption in 2026.

US rules are tightening too. The Atlantic States Marine Fisheries Commission cut the 2026 menhaden catch limit by 20.0%. Certification adds a buyer-side rule. Salmon feed makers ask for MarinTrust or MSC status, and Skretting Norway reported only 0.6% of its marine ingredients without certification or an improvement project in 2025. A meal that loses certified status can lose its salmon buyers even when the fish is still caught.

What limits reliable fish meal supply and quality?

Raw fish condition sets both volume and grade. Austevoll reports that fish oil yields in Peru's first 2026 season were below 2.0% and well under historical levels. Its Peruvian unit Austral held 7.7 thousand tonnes of fishmeal at the end of June against 32.1 thousand tonnes a year earlier. Chinese port stocks were 54.0% lower at week 31. Thin inventories leave buyers exposed to each new quota decision. Prices had been easing before the shortfall. The central bank's Hamburg fishmeal price averaged USD 1,720.0 per tonne in 2025. It had averaged USD 1,994.0 in 2023.

Quality failures are costly for feed mills. Feedipedia notes that prime meal needs fresh raw material and that heat damage lowers protein quality. Meal from mixed residues can carry more ash and less protein. Feed makers therefore test each lot for protein, ash and freshness before use. A mill that changes origin mid-season must run those checks again, which slows replacement buying.

Where can suppliers win additional business?

New plants near unused raw material are one route. In January 2026 African Pioneer Group opened a South African fishmeal plant in St Helena Bay. Feed capacity is also moving closer to farm regions. BioMar is adding capacity in Ecuador that it expects to finish at the end of 2026. IFB Agro took over Cargill India's shrimp and fish feed plants in Andhra Pradesh in 2025. Meal suppliers that sign early with these new feed sites gain a long-term outlet as volumes ramp up.

Fish Meal Market by Country (2026 to 2036)

Table 5: Fish Meal Market Country Growth Forecast

Country	CAGR, 2026 to 2036
China	6.3%
Chile	4.9%
India	4.1%
Norway	3.8%
United States	3.2%
Japan	2.5%

Source: Future Market Insights analysis of the fish meal market, 2026.

China

Chinese fish farms absorb more imported marine protein than any other national buyer group. The Ministry of Agriculture and Rural Affairs reported aquatic output of 76.5 million tonnes in 2025, of which aquaculture supplied 63.3 million tonnes. The ministry says about one in two farmed fish worldwide comes from China. IFFO identifies China as the largest importer of fishmeal.

Import supply turned against buyers in 2026. Austevoll reported that Chinese fishmeal imports fell 23.0% in the first half, with arrivals from Peru down 35.0%. The China stock price for 68.0% protein meal rose 78.0% on a year earlier to USD 3,412.0 per tonne. Domestic raw fish is seasonal as well. Hainan's summer fishing moratorium closed the South China Sea between 26°30′N and 12°N from 1 May to 16 August 2026.

Feed use is shifting between species. IFFO estimated that aquafeed output rose year on year through February 2026 while fishmeal imports fell. It also expected fishmeal use in pig feed to decline in 2026. National consumption held between 2.1 and 2.3 million tonnes a year over four years, according to an IFFO workshop report. Shrimp and fish feed growth will therefore set volumes. That aquaculture base supports a 6.3% CAGR for China across 2026 to 2036, ahead of every other profiled country. Importers that hold port stock and buy from several origins will gain when Peruvian cargoes are short. Buyers tied to one origin will pay the highest spot prices.

Chile

Chile buys fish meal for salmon feed and also sells meal from its own pelagic fleet. Salmon and trout export volume rose 19.0% to 260,000 tonnes in the first quarter of 2026. Export value reached USD 2.0 billion. The Salmon Council links that growth to efficiency gains, because farming capacity is structurally limited. Feed demand per tonne of salmon is therefore the number that matters for meal buyers.

Supply at home has been uneven. FoodCorp, Austevoll's Chilean unit, saw its own horse mackerel and mackerel catch fall to 14 thousand tonnes in Q2 2026 from 29 thousand tonnes. Its purchases from the coastal fleet rose to 17 thousand tonnes from 10 thousand tonnes. FoodCorp's fishmeal prices rose 54.0% year on year and its fish oil prices rose 167.0%. Management still expects significantly better third-quarter earnings than a year earlier.

Chilean plants also kept high fish oil yields through June while Peruvian oil yields fell below 2.0%. This double role as buyer and supplier explains why Chile reaches a 4.9% CAGR from 2026 to 2036. Salmon farmers gain from a local meal source when Pacific cargoes tighten. Plants that buy from small coastal vessels depend on artisanal landings, so long-term purchase contracts with boat owners carry real value. A warm-water year that hits Peru and Chile at the same time would test local feed security. An approved list that already includes North Atlantic or by-product meal would let feed mills absorb that shock.

India

Shrimp exports drive Indian fish meal demand. MPEDA reported record seafood exports of about 1.97 million tonnes worth USD 8.5 billion in 2025-26. Frozen shrimp made up 66.5% of dollar earnings. MPEDA also noted higher exports of L. vannamei and Black Tiger shrimp. Shrimp feed mills follow these export volumes closely.

Market access is the swing factor. Seafood exports to the United States fell 14.2% in dollar value in 2025-26. China received 490,369 tonnes and was the largest destination by quantity. Farmers who lose US orders reduce stocking, and feed tonnage falls within one crop cycle. A shift of buyers to China can protect volume but often at lower prices.

Feed makers are consolidating around these farms. IFB Agro Industries took over Cargill India's shrimp feed and freshwater fish feed business from 1 August 2025. The deal included plants at Vijayawada and Rajahmundry. Its marine segment earned revenue of INR 7.3 billion in the year to March 2026 but recorded a segment loss of INR 170.2 million. Local raw material depends on a coastal catch that ICAR-CMFRI estimated at 35.7 lakh tonnes in 2025, up 3.0%. Oil sardine landings reached 2.53 lakh tonnes. A 4.1% CAGR for India over 2026 to 2036 assumes that shrimp farming keeps its export outlets. Blending local meal with imports gives a mill more control over cost than reliance on a single source.

Norway

Norwegian demand is set by salmon feed formulas that already use little fish meal. Skretting Norway reported fish meal at 11.3% of its feed in 2025. Trimmings supplied 23.3% of that meal. Blue whiting provided 25.9% of the whole-fish meal and Peruvian anchoveta 21.2%. Norwegian buyers therefore draw on both Atlantic and Pacific supply.

Salmon volume keeps rising. The Norwegian Seafood Council reported salmon exports of 1.41 million tonnes in 2025 worth NOK 124.7 billion. Mowi kept its two feed factories in Norway and Scotland under a partnership with Skretting that targets more than NOK 650.0 million in yearly savings. Those savings come from formulation, procurement and logistics. Buying power is concentrating in fewer hands.

Raw material is the constraint. Coastal states cut the 2026 blue whiting quota by 41.0% to 851,344 tonnes. Austevoll's half-owned Pelagia expects 0.74 million tonnes of feed raw material in 2026 against 0.94 million tonnes in 2025. Certification adds a second filter. MarinTrust covered 63.9% of Skretting Norway's marine ingredients in 2025. Price and certified grade will carry more of Norway's 3.8% CAGR between 2026 and 2036 than tonnage will. Plants with certified North Atlantic supply will keep salmon feed contracts when uncertified stocks drop out. Meal from salmon processing residues also offers a local source that does not depend on pelagic quotas.

United States

Menhaden regulation decides how much meal US plants can make. The Atlantic States Marine Fisheries Commission cut the 2026 coastwide catch limit by 20.0% to 186,840 tonnes. The previous limit was 233,550 tonnes. The board chose a one-year cut and will consider limits for 2027 to 2029 at its 2026 annual meeting.

Further limits are under review. Draft Addendum II considers options to lower the Chesapeake Bay reduction fishery cap by up to 50.0% and to spread it more evenly through the fishing season. The board will consider final action in November 2026. Ocean Harvesters runs more than 30 vessels in the Atlantic and the Gulf of Mexico and turns menhaden into fish meal, fish oil and solubles. It expects operational changes at its Reedville facility to meet the lower 2026 harvest.

Pet food and feed buyers keep demand firm. The American Pet Products Association reported US pet industry spending at USD 158.0 billion in 2025, up 3.7%. It projects USD 165.0 billion for 2026. Domestic meal output cannot follow that spending while catch limits fall. Tight menhaden rules hold the United States to a 3.2% CAGR during 2026 to 2036. The Atlantic menhaden fishery carries MSC certification, which helps US meal reach buyers that require a certified origin. A lower Bay cap would cut the volume that Reedville can process in spring and summer. US feed and pet food makers may then import more meal or move to other proteins.

Japan

Feed cost pressure defines the Japanese fish meal market. The Fisheries Agency says feed accounts for about 70.0% of costs in fish farming. Most fishmeal used in compound feed is imported, and import prices have trended upward with global demand and a weak yen. Farm margins move with each change in the Peruvian catch.

Fed species are not the source of recent growth. MAFF reported a 3.6% rise in marine aquaculture output to 831,900 tonnes in 2025. Nori and wakame drove that rise. Total fisheries and aquaculture production fell 1.6% to 3.6 million tonnes. Yellowtail makes up about half of domestic fish farming output, according to the Fisheries Agency. That concentration ties meal demand closely to one farmed species.

Policy is cushioning costs. The government provided JPY 23.2 billion in the FY2025 supplementary budget for the fishery business safety net. Researchers are also testing insect and microalgae feeds for red sea bream to reduce reliance on fishmeal and fish oil. These steps protect farm margins but lower meal tonnage per fish. Japan has the lowest rate of the six profiled countries at a 2.5% CAGR for 2026 to 2036, which reflects that trade-off. Stable yen pricing and forward contracts are what yellowtail feed accounts now ask of importers. Suppliers of high-protein meal for juvenile feeds can still hold premium positions.

Who are the notable companies in the Fish Meal Market?

Austevoll Seafood, BioMar, Mowi with Skretting, IFB Agro Industries and Ocean Harvesters show the main commercial roles in fish meal. Austevoll and Ocean Harvesters catch and process forage fish. BioMar, Skretting and Mowi Feed buy meal for aquafeed. IFB Agro links meal demand to shrimp feed in India.

Producers compete on access to raw fish. Austevoll runs Austral in Peru and FoodCorp in Chile and holds 50.0% of Pelagia in the North Atlantic. Austral's first 2026 season quota was 133 thousand tonnes against 209 thousand tonnes in 2025. Ocean Harvesters operates more than 30 menhaden vessels on the Atlantic and Gulf coasts. Owned fleets give these producers some control over volume, but quotas still set the ceiling.

Feed makers compete on formulation and buying scale. BioMar guides 2026 volumes of 1.63 to 1.70 million tonnes, and marine ingredients make up about 20.0% of its formulas. Mowi's partnership gives its feed plants access to Skretting's formulations and procurement capabilities. IFB Agro added Cargill India's feed plants in Andhra Pradesh in 2025. Buyers should compare protein grade, certification status and the number of origins each supplier can ship.

Key Developments in the Fish Meal Market

• In November 2024, Cooke Inc. completed its acquisition of Corporación Pesquera Inca S.A.C. (Copeinca) of Peru. Copeinca held the largest anchoveta quota in Peru at 15.9% and operated 45 vessels and 8 processing plants, with annual production of approximately 200,000 metric tons of fishmeal and 23,000 metric tons of fish oil [3][10].
• In August 2025, Pesquera Exalmar S.A.A. completed its acquisition of Pesquera Centinela S.A.C. from Grupo Romero. The transaction expanded Exalmar's fleet to 33 vessels and nine plants, bringing its combined anchoveta quota to approximately 9.0% and its processing share to nearly 23.0% during the second 2025 fishing season [12].
• In May 2025, IFB Agro Industries Limited agreed to acquire Cargill India Private Limited's commercial compound shrimp feed and freshwater fish feed business undertaking in India on a slump sale basis. The transaction included manufacturing facilities in Vijayawada and Rajahmundry, Andhra Pradesh, and was targeted for completion by July 31, 2025 [6].

Key Players in the Fish Meal Market

• Austevoll Seafood ASA
• BioMar Group A/S
• Mowi ASA
• Skretting (Nutreco)
• IFB Agro Industries Limited
• Ocean Harvesters
• African Pioneer Group

Fish Meal Market Report Scope

Table 6: Fish Meal Market Report Scope

Coverage field	Report scope
Market definition	Fish meal made from whole fish and from fish-processing by-products and sold for aquafeed, animal feed, pet food and fertilizer use. Fish oil and krill meal are excluded.
Application	Aquaculture; Animal Feed; Fertilizers; Pet Food
Source	Wild-caught Fish Meal; Others
Grade	Prime and Super-Prime; Standard and FAQ; Low-Protein and Mixed By-Product
Livestock	Aquatic Animals; Swine; Poultry; Pets; Others
Regions covered	Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Profiled markets	China, Chile, India, Norway, United States, Japan
Companies covered	Austevoll Seafood ASA; BioMar Group A/S; Mowi ASA; Skretting (Nutreco); IFB Agro Industries Limited; Ocean Harvesters; African Pioneer Group
Quantitative Units	USD billion

Source: Future Market Insights analysis of the fish meal market, 2026.

Fish Meal Market Research Methodology

The fish meal assessment draws on fisheries statistics, catch regulations, trade data and company disclosures. FMI measures the annual sales value of fish meal sold to aquafeed, animal feed, pet food and fertilizer buyers. Segment values are classified by application, source and grade. Country forecasts reflect local farming output, raw fish supply and import costs over the same 2026 to 2036 period. Catch limits, plant yields and feed volumes are reviewed as separate measures.

Fish Meal Market by Segments

Fish Meal Market segmented by Application:

• Aquaculture
• Animal Feed
• Fertilizers
• Pet Food

Fish Meal Market segmented by Source:

• Wild-caught Fish Meal
• Others

Fish Meal Market segmented by Grade:

• Prime and Super-Prime
• Standard and FAQ
• Low-Protein and Mixed By-Product

Fish Meal Market segmented by Livestock:

• Aquatic Animals
• Swine
• Poultry
• Pets
• Others

Fish Meal Market by Region

• Asia Pacific
  • India
  • China
  • Japan
  • South Korea
  • Indonesia
  • Australia and New Zealand
  • ASEAN
  • Rest of Asia Pacific
• Europe
  • Germany
  • Italy
  • France
  • United Kingdom
  • Spain
  • Benelux
  • Nordics
  • Central and Eastern Europe
  • Rest of Europe
• North America
  • United States
  • Canada
  • Mexico
• Latin America
  • Brazil
  • Argentina
  • Chile
  • Rest of Latin America
• Middle East and Africa
  • Saudi Arabia
  • United Arab Emirates
  • South Africa
  • Turkey
  • Rest of Middle East and Africa

Research Sources and Bibliography

• [1] Food and Agriculture Organization of the United Nations. (2026, June 16). SOFIA 2026: Global fisheries and aquaculture production reaches new highs.
• [2] IFFO, The Marine Ingredients Organisation. (2026). The State of World Fisheries and Aquaculture 2026: Analysis through a marine ingredients lens. https://www.iffo.com/state-world-fisheries-and-aquaculture-2026-analysis-through-marine-ingredients-lens
• [3] Cooke Seafood. (2024). Cooke Acquires Copeinca. https://cookeseafood.com/2024/11/26/cooke-acquires-copeinca/
• [4] IFFO, The Marine Ingredients Organisation. (2025). Report on the 2025 Mysteel fishmeal workshop held in China. https://www.iffo.com/es/node/1937
• [5] Ministerio de la Producción, Peru. (2026, September 15). Resolución Ministerial N° 00323-2026-PRODUCE. El Peruano.
• [6] BSE India. (2025). IFB Agro Industries Limited disclosure under Regulation 30. https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c160abac-963d-4d3b-bb6d-2a485f7d7ce9.pdf
• [7] Ministerio de la Producción, Peru. (2026, August 29). Resolución Ministerial N° 00301-2026-PRODUCE: Anchoveta catch limit for direct human consumption, 2026. El Peruano. https://busquedas.elperuano.pe/dispositivo/EX/2548963-1
• [8] Banco Central de Reserva del Perú. (2026). BCRPData annual series PM05161AA: Manufacturing output, fishmeal and fish oil (annual percentage change). https://estadisticas.bcrp.gob.pe/estadisticas/series/anuales/resultados/PM05161AA/html
• [9] Banco Central de Reserva del Perú. (2026). BCRPData annual series PM05565XA: Fishmeal price, Hamburg (USD per tonne). https://estadisticas.bcrp.gob.pe/estadisticas/series/annual/results/PM05565XA/html
• [10] [10] Cooke Seafood. (2024). Cooke Enters Into Agreement for the Acquisition of Copeinca. https://cookeseafood.com/2024/11/07/cooke-enters-into-agreement-for-the-acquisition-of-copeinca/
• [11] BioMar Group A/S. (2026, August 12). First Half 2026 Interim Report.
• [12] Diario Financiero. (2026). Exalmar y las coordenadas tras sumar la Pesquera Centinela en Perú. https://www.df.cl/noticias/site/artic/20260210/pags/20260210121136.html
• [13] Skretting Norway. (2026). Impact Report 2025: Use of marine raw materials 2025. https://www.skretting.com/no/baerekraft/baerekraftsrapport/impact-report-2025-skretting-norway/use-of-marine-raw-materials-2025/
• [14] Feedipedia, Animal Feed Resources Information System. (2026, July 7). Fish meal. https://www.feedipedia.org/node/208
• [15] Xinhua News Agency, reporting Ministry of Agriculture and Rural Affairs data. (2026, July 28). China's 2025 national aquatic product output. https://www.news.cn/politics/20260728/5df99257aebb47a08f9054216a491a9c/c.html
• [16] Science and Technology Daily. (2026, May 1). Hainan Province 2026 summer fishing moratorium begins. https://www.stdaily.com/web/gdxw/2026-05/01/content_511291.html
• [17] InvestChile, Foreign Investment Promotion Agency of Chile. (2026, April 21). Salmon shipments in the first quarter of 2026. https://blog.investchile.gob.cl/salmon-shipments-2026
• [18] Marine Products Export Development Authority, Government of India. (2026, June 1). India's seafood exports in 2025-26. https://mpeda.gov.in/wp-content/uploads/2026/06/MPEDA_2025-26_Export_Figures_ENGLISH_June-1.pdf
• [19] ICAR-Central Marine Fisheries Research Institute. (2026, April 30). ICAR-CMFRI releases India's marine fish landing data for 2025. https://cmfri.org.in/news/icar-cmfris-releases-indias-marine-fish-landing-data-in-2025-indias-marine-fish-catch-increases-3
• [20] IFB Agro Industries Limited. (2026, May 28). Audited financial results for the year ended 31 March 2026. National Stock Exchange of India. https://nsearchives.nseindia.com/corporate/ixbrl/INTEGRATED_FILING_INDAS_163150_28052026212828_iXBRL_WEB.html
• [21] Ministry of Trade, Industry and Fisheries, Norway. (2025, October 24). Totalkvoten for kolmule reduseres i 2026. https://www.regjeringen.no/no/aktuelt/totalkvoten-for-kolmule-reduseres-i-20262/id3126821/
• [22] Norwegian Seafood Council. (2026, January 6). Price growth for wild fish and increased salmon volume resulted in record value for Norwegian seafood exports in 2025. https://en.seafood.no/news-and-media/news-archive/price-growth-for-wild-fish-and-increased-salmon-volume-resulted-in-record-value-for-norwegian-seafood-exports-in-2025-/
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