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A market report expects the fish protein hydrolysate market to gain prominence as aquaculture and fish consumption grow. Fish protein hydrolysate is made by enzymatically breaking down fish meat or by-products.
The article cites a global population of 9.7 billion by 2050 as a driver of demand.
Growing use of fish byproducts for hydrolysates could compete for raw material used in fishmeal, but the effect on fishmeal prices is likely small in the near term.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.