The upcoming launch of new alternative fishmeal and fish oil projects underlines the dilemma facing feed companies as they try to balance profit margins against the need to seek feed options that alleviate pressure on wild fish raw material sources.
Take the case of feed giant Skretting.
At the IntraFish Seafood Investor Forum in New York in May, Skretting CEO Therese Log-Bergjord said her company has held extensive discussions with Netherlands-based insect meal producer Protix and with Veramaris, which produces omega-3 oil from algae, but all are in agreement that to make projects work will require buy-in from a wide range of players across the value chain.
