# New proteins on the table – World Fishing

> A World Fishing feature says aquaculture needs more diversified feed ingredients to sustain projected growth to 109 million tonnes by 2030. It notes that feed makers have long sought to replace fishmeal because of its steady price rises.

- Date: 2022-11-25 · published 2022-11-25T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/38775-new-proteins-on-the-table-world-fishing
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Continued interest in alternative proteins gradually limits fishmeal demand growth and caps its price. Plant and rendered proteins such as soybean meal may gain share.

## Read by commodity

- SBM: neutral
- FISHMEAL: bearish ▼

## Sources

- worldfishing.net: https://www.worldfishing.net/news/new-horizons/new-proteins-on-the-table/

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