April 10, 2023 — Despite inflation, raw material prices, logistics costs, and other inputs all increasing significantly in 2022, the aquaculture feed industry increased its production at between 2 and 3 percent in all key supply regions. This was also achieved despite a slight decrease in the year’s total animal feed supply at less than 1.27 billion metric tons (MT), according to Norwegian independent commodity broker Holtermann.
While these financial impacts have continued into 2023, there’s one challenge that stands to have a much greater impact than all the others: the production of EPA and DHA – or eicosapentaenoic and docosahexaenoic acids, Holtermann CEO Christian Meinich said at the 2023 edition of the North Atlantic Seafood Forum (NASF).