Fishmeal production boosted by Peru Anchovy

The image shows a close up of multiple Peruvian anchovies on ice

Source: IFFO

Fishmeal production in 2024 has seen a significant boost, driven by Peru’s strong anchovy season, according to The International Fishmeal and Fish Oil Organisation (IFFO).

Through September 2024, global fishmeal production increased by nearly 23% compared to the same period in 2023.

This rise is primarily due to a substantial uptick in Peru’s supply, which accounts for 20% of global fishmeal and fish oil production.

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