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Global fish meal production has remained steady at 5 million tons annually. However, over the next 30 years, 15 million tons of new protein will be needed for aquaculture. Lux’s new report, “Future Fish Feed: Forecasting Alternative Aqua Feed Ingredients” evaluates insect protein, single-cell protein, and algae protein as options to replace fish meal.
Insect protein, single-cell protein, and algae proteins have emerged as major options to replace fish meal. This report includes a political, economic, social, and technological (PEST) analysis, which makes clear that algae is poorly positioned for success as a major source of protein for aquafeed.
Lux Research is a leading provider of tech-enabled research and advisory services, helping clients drive growth through technology innovation. A pioneer in the research industry, Lux uniquely combines technical expertise and business insights with a proprietary intelligence platform, using advanced analytics and data science to surface true leading indicators. With quality data derived from primary research, fact-based analysis, and opinions that challenge traditional thinking, Lux empowers clients to make more informed decisions today to ensure future success.