# Shrimp sector demand for fish meal to increase: IFFO - Benison Media

> IFFO reports that shrimp farming is the main driver of fishmeal demand, especially in Asia and South America. Peru was the largest exporter in 2020 with 27 percent share, and China was the largest importer at 1.4 million tonnes.

- Date: 2021-11-08 · published 2021-11-08T12:00:00.000Z
- Category: report · region Global · magnitude low
- Page: https://feedsoft.ai/events/44149-shrimp-sector-demand-for-fish-meal-to-increase-iffo-benison-media
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md)

## Why it matters

Steady aquaculture demand, particularly from China, supports fishmeal prices, though subdued Chinese pig prices may slow growth.

## Read by commodity

- FISHMEAL: bullish ▲

## Sources

- benisonmedia.com: https://benisonmedia.com/shrimp-sector-demand-for-fish-meal-to-increase-iffo/

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