# Continued aquaculture growth drives enthusiasm, innovation in aquafeed | WATTAgNet | WATTPoultry.com

> Global aquaculture output grows about 4% a year, and fishmeal production has stayed near 5 million tonnes and fish oil near 1 million tonnes for years. Wild catch supplies about two-thirds of raw material, with trimmings providing the rest.

- Date: 2019-06-24 · published 2019-06-24T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/58681-continued-aquaculture-growth-drives-enthusiasm-innovation-in-aquafeed-wattagnet
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Flat fishmeal output against growing aquafeed demand supports firm prices and encourages substitution toward plant proteins.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bullish ▲

## Sources

- wattagnet.com: https://www.wattagnet.com/home/article/15528790/continued-aquaculture-growth-drives-enthusiasm-innovation-in-aquafeed-wattagnet

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