# Algae-based aquafeed firms breaking down barriers for fish-free feeds | AquaBounty

> Industry leaders at Seafood Expo North America discussed moving aquafeeds away from fishmeal toward plant-based and algae ingredients. BioMar said the fish-in, fish-out ratio fell from 1.9 in the 1980s to 1.4.

- Date: 2017-04-06 · published 2017-04-06T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/71593-algae-based-aquafeed-firms-breaking-down-barriers-for-fish-free-feeds-aquabounty
- Commodities: [Fishmeal](https://feedsoft.ai/c/FISHMEAL.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md)

## Why it matters

Growing use of plant and algae ingredients reduces long-term demand for fishmeal and could support demand for soy and other plant proteins. The impact on near-term prices is small.

## Read by commodity

- SBM: bullish ▲
- FISHMEAL: bearish ▼

## Sources

- aquabounty.com: https://aquabounty.com/investors/media-relations/algae-based-aquafeed-firms-breaking-down-barriers-for-fish-free-feeds

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