# Marubeni hopes Japan will snap up bug-based fish feed - Nikkei Asia

> Trading house Marubeni is exploring insect-based feed as an alternative to fishmeal for Japanese fish farmers. The effort follows rising costs for fishmeal-based feed.

- Date: 2023-03-12 · published 2023-03-12T12:00:00.000Z
- Category: market · region Japan · magnitude low
- Page: https://feedsoft.ai/events/36947-marubeni-hopes-japan-will-snap-up-bug-based-fish-feed-nikkei-asia
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Development of fishmeal substitutes is a long-term demand risk for fishmeal, though it has little near-term effect on prices given the small scale described.

## Read by commodity

- FISHMEAL: bearish ▼

## Sources

- asia.nikkei.com: https://asia.nikkei.com/business/food-beverage/marubeni-hopes-japan-will-snap-up-bug-based-fish-feed

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.