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Acquaculture, Live Stock, World

China’s slow economic recovery impacting fishmeal and fish oil consumption

Cumulative total fishmeal production during the first ten months of 2023 was down by approximately 22 per cent compared to the cumulative production reported through October 2022, according to the IFFO reports. The predominant factor contributing to this decline must be attributed to the 60 per cent year-on-year decrease in Peru, whose activities were heavily affected by the El Niño phenomenon and the subsequent cancellation of the April-June first fishing season of the year.

As for fish oil, the total cumulative output in the first 10 months of 2023 was 20 per cent down year on year. The supply shortage in Peru (due to both fewer landings and lower oil yields) was here again the main cause for such negative performance. Chile remained the only country that registered a positive change year on year thanks to improved catches and higher-than-average oil yields in the South of the country.

The above figures are based on a list of countries considered in the IFFO reports – Peru, Chile, Denmark, Norway, Iceland, UK, Ireland, Faroe Islands, USA, South Africa, Ivory Coast, Mauritius and Spain

In Peru, around 66 per cent of the second fishing season’s quota had been landed in the north centre of the country. The early start of the second fishing season in the North-Centre of Peru, which took place in October and is usually scheduled in November, explains larger catches of small pelagics than usual when we compare October 2023 with October 2022.

In the USA, the menhaden fishing season officially ended in November. The new fishing season will resume in May 2024.

China’s slow economic recovery impacting fishmeal and fish oil consumption.

China’s domestic production of fishmeal and fish oil in quarter IV 2023 might exceed that reported in quarter IV 2022. Despite this, local fishmeal producers are encountering difficulties in selling their products due to a poorer demand and the abundance of standard quality fishmeal. As a result, the inventory of domestic fishmeal appears higher than it was a year ago. Cumulative imports of fishmeal from January to November have declined by 9.4 per cent year on year, in line with the weaker domestic demand from both aqua- and piglet feed producers and the reduced Peruvian supply.

China’s 2023 fishmeal consumption in aquaculture is not expected to surpass that of 2022, although a rebound in the global supply of marine ingredients might open new scenarios. Similarly, the pig sector is grappling with subdued prices, hovering around a low point. The anticipated higher seasonal demand for the period November-February has yet to materialise. At this point, farmers are banking on improvements in the second half of 2024.

China’s slow economic recovery impacting fishmeal and

Animal Health, Company News, Live Stock, World

The two companies have signed a joint development and commercialisation agreement to launch the feed additive Ablacto

Novozymes and the Danish industrial biotech company, Bactolife, have signed a joint development and commercialisation agreement to finish development and launch the biosolution Ablacto+. The promising product can potentially stabilize the gut of piglets and reduce the severity of post-weaning diarrhoea (PWD).

PWD is a major, global swine health challenge caused by E. coli infections in newly weaned pigs. Globally, PWD is estimated to lead to a loss of production of EUR 1-2 billion per year. Additionally, PWD is considered the main driver for antibiotic use in weaner pigs. In Denmark alone, antibiotic consumption among weaners constitutes 49 per cent of the total use of antibiotics in pigs (DANMAP 2021)1.

“Post-weaning diarrhoea is one of the biggest challenges in the global swine industry. We are very excited to join this partnership with Bactolife. Together, we will be able to develop innovative solutions that can stabilise the gut of piglets, increase productivity, and significantly reduce the use of antibiotic use among pigs,” says Sofie Louise Trads, Director, of Animal Health at Novozymes.

“We are extremely happy to partner with Novozymes on this promising product. This is a major validation of Bactolife’s technology platform, and with a strong commercial partnership in the Animal Health space like Novozymes, we believe there is significant business potential for both parties,” says Sebastian Søderberg, CEO at Bactolife.

”Since we started Bactolife, Ablacto+ has been leading the way for our technology platform, validating the impact that highly specific binding proteins can have on complex problems, such as PWD. Ablacto+ will support animal welfare and global health as antibiotics use is reduced and animals remain healthy,” says Sandra Wingaard Thrane, CSO at Bactolife.


The product candidate, Ablacto+, is a functional feed additive that consists of binding proteins with a specific mode of action. Binding proteins are science-backed, versatile ingredients that significantly reduce the risk of gastrointestinal infections including PWD.

Novozymes and Bactolife believe that their new biosolution with its novel mode of action can be a game changer in reducing antibiotic consumption in pigs and thereby reducing the risk of antibiotic resistance development in both pigs and humans.

ABLACTO+ has already shown promising results in large-scale swine trials, and Novozymes and Bactolife will now collaborate to finalise the product development and subsequently commercialise the Ablacto+ product. Novozymes will develop and produce the final product and has the global exclusive marketing and sales responsibility.

The two companies have signed a joint

AgroPolicy, Organic, Trade

A panel discussion was held on the aspects of new regulatory requirements and emerging market opportunities were detailed

The Agricultural and Processed Food Products Export Development Authority (APEDA) organised a webinar jointly with the Indian Embassy in Brussels and Denmark to keep pace with the changing regulatory requirements for export of organic products to European Union,  

The webinar focussed on the revised Regulations being implemented since January 1, 2022 for imports in EU and the market opportunities for Indian organic products. 

While complementing the stakeholders on the milestone achieved by India by crossing remarkable export of more than $ 1billion organic products under NPOP, Dr M Angamuthu, Chairman, APEDA, emphasised that the applicable standards need to be adhered to maintain the market acceptance by the end consumers and the national regulators. He also stated that APEDA provides possible means for market penetration of new products and brand building through participation in organic food fairs in EU. 

A panel discussion was also held with members of OrganicDenmark, Confederation of Indian Organic Industry, International Federation of Organic Agriculture Movements (IFOAM) and Organic Processing and Trade Association (Europe) (OPTA). Technical sessions were led by Michel Reynaud of IFOAM and Aurora Abad of OPTA wherein the aspects on new regulatory requirements and emerging market opportunities were detailed. 

In his address, Santosh Jha, Ambassador of India to Belgium, Luxembourg and EU, highlighted the necessity for the market acceptance for organic products, expectation by the importing countries and emerging opportunities for Indian organic products. 

Pooja Kapur, Ambassador of India to Denmark, spoke about the current organic market trend focussing on Europe, significance of regulatory system and brand building for India. 

Though the webinar was aimed for Indian exporters, it witnessed the participation of trade associations in EU, Indian missions of various EU Member States, Certification Bodies, Assessors and officials from various departments. 

APEDA is the implementing body for the National Programme for Organic Production (NPOP). The programme involves the accreditation of Certification Bodies, standards for organic production, promotion of organic farming and marketing, etc. The NPOP standards for production and accreditation system have been recognized by European Commission and Switzerland for unprocessed plant products as equivalent to their country standards. With these recognitions, Indian organic products duly certified by the accredited Certification bodies of India are accepted by the importing countries. APEDA is also in the process of negotiation with South Korea, Canada, Japan, Australia etc.

A panel discussion was held on the