Microalgae oil is expected to supply 34% of the EPA and DHA used in Norwegian salmon feed in 2026, up from an estimated 29% in 2025. An industry estimate cited in the article puts global fish oil production 139,000 tonnes below consumption, contributing to tight supply and volatile prices.
The projected fish oil shortfall encourages feed makers to substitute microalgae oil, which could limit growth in fish-oil demand while tight supply supports its prices. The listed commodity set has no fish oil or microalgae oil contract, so no commodity is mapped.
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