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IFFO has released its 2024 Annual Report, emphasizing a strategic shift in marine ingredient supply through global collaboration, responsible sourcing, and greater use of fish by-products in fishmeal and fish oil production.

Fishmeal production saw a significant increase of 40% in the first half of 2024, largely driven by a successful fishing season in Peru’s North-Centre region.

In a recent analysis by the International Fishmeal and Fish Oil Organization (IFFO), insights into the 2023 production of fishmeal and fish oil suggest a notable decline in both sectors compared to previous years.