Petter Johannessen Archives

Petter Johannessen Q&A: IFFO’s director general on developing the feed ingredients landscape

April 27, 2022 — The aquaculture feed sector is seeing the development of new inputs with the potential to improve the sustainability and availability of its product. While these new innovations can contribute to meeting the needs of a growing population, the buzz around such opportunities overshadows the importance of – and innovation in – traditional inputs like fishmeal, which still holds the greatest potential to efficiently deliver a nutrient-rich, sustainable feed to the aquaculture marketplace.

Petter Martin Johannessen joined IFFO, the international trade body that represents the marine ingredients industry, in 2018 as director general. He will be a featured speaker for the Seafood Expo Global conference session “Beyond the buzz: Developing a healthy, sustainable feed,” taking place on 28 April from 10:30 – 11:30. Here, Johannessen shares his thoughts on what the future holds for marine ingredients.

SeafoodSource: What role do marine ingredients play in the market now, and what role do you see the industry playing in the future?

Johannessen: The role of marine ingredients in supporting the growth of aquaculture is well known for being the foundational ingredients that underpinned the development of the sector worldwide. Still today, more than 70 percent of fishmeal and fish oil production are used by aquaculture because of an unmatched combination of properties: nutritional profile (long chain omega-3s, protein, vitamins and minerals), palatability, digestibility, volumes (approximately 5 million metric tons [MT] of fishmeal and 1 million MT of fish oil are produced each year), and prices.

Based on the United Nations’ FAO estimates, aquaculture production could more than double and reach 140 million MT by 2050. With more and more feed ingredients required to support this growth, marine ingredients are increasingly used at strategic stages of the production cycle, where critical nutrients are indispensable. Increasing marine ingredient production into the future is expected through the better use of fishery and aquaculture by-products, which already make up one third of marine raw materials used to produce fishmeal and fish oil.

Read the full story at SeafoodSource

Sustainability, communication and collaboration are key for the future of aquafeed

April 28, 2021 — The Marine Ingredients Organization (IFFO) hosted a webinar with all members of the organization with the latest insights from nearly 20 speakers on the global fishmeal and fish oil markets, in-depth country presentations and new research insights.

The panel looked at salmon and shrimp market trends. All panelists, from Allan Cooper (Vitapro S.A.) to Therese Log Bergjord (Skretting), Aisla Jones (Co-op), Odd Eliasen (Havsbrun) and Jonathan Banks, underlined that sustainability, transparency and communication with consumers are central to the future of aquafeed. Documented facts and figures on seafood’s carbon footprint, nutritional properties of fishmeal and fish oil and sustainable harvesting of fish stocks demonstrate aquaculture’s success story.

Throughout the COVID-19 pandemic, a major shift has happened in the shrimp sector mainly, with some changes occurring also in the salmon industry. Supply chains have adapted to allow for a move to retail to be made. Digital transformation, through analytics, will be the way forward to improve service, traceability and feed efficiency.

Read the full story at Aquafeed.com

IFFO’s Johannessen: Use of marine ingredients in aquafeed “will not decline in the foreseeable future”

September 23, 2020 — IFFO, the international trade body that represents the marine ingredients industry, sees a promising future for itself, even with the rise of alternative, plant- and algae-based aquafeed ingredients.

As part of a new campaign to tell its story to a wider audience, the organization recently relaunched its website and initiated a social media campaign, according to IFFO Director General Petter Johannessen.

Read the full story at Seafood Source