A fifth year of fishmeal shortages is leading to a rush of mergers and acquisitions as companies including Cargill seek to meet demand for seafood that’s growing faster than for beef, poultry or pork, reports Bloomberg.
Cargill, the biggest grain trader, will keep expanding in aquaculture as world demand for food protein is seen growing 70 percent by 2050, said Neil Wendover, global marketing director at Cargill's animal nutrition unit.
---
For more seafood news and updates, follow us on Facebook and Twitter or sign up for our daily newsletter.
