Speaking at the European Maritime Day in Sweden on May 22, Ewos’ CEO Kjell Bjordal argued that farmed seafood supply must reach 120 million metric tons by 2030 if the industry wants to meet the needs of a growing population. The world’s population is set to reach 8.2 people in 2030, up 17 percent from 7 billion today.
Fish is not only the best poised protein to meet this growing demand, the industry is also able to take on this growth by using substitutes for marine feed and by continuing to innovate, Bjordal said.
According to him farmed fish’s efficiency -- its low feed conversion ratio and carbon footprint -- combined with its healthy attributes mean it will be the winner on the global market. “We believe that the market allocates the raw materials to the most efficient production -- and fish, is the winner,” his presentation read. Carnivorous fish are only a drop in the ocean of farmed fish.
Only 3 percent of global farmed fish are carnivorous, and their production is expected to increase at an annual rate of 3.5 percent, reaching 5.2 million metric tons in 2030, up from 2.6 million metric tons in 2010. In contrast non-carnivorous fish production is expected to grow by 4.8 percent to 149 million fish in 2030, up from 57 metric tons in 2010.
“We can expect [the] percentage of non-carnivore fish ‘on feed’ to increase from 50 percent in 2010 to 80 percent in 2030, Bjordal’s presentation says.
Marine proteins are often cited as the main limitation to expanding aquaculture. While marine proteins can “to a large extent be replaced by vegetable proteins, the “only obvious limitation” consists of marine oils, namely the EPA and DHA fatty acids, Bjordal said.
However, here again there is hope. “We now have the technical capability to grow salmon on zero marine raw material,” even though the solution is not commercial viable at this stage, he said.
His comment referred to the industry’s progress in using oil from omega-3 rich algae to replace marine raw material. However, this technique is still relatively expensive compared to using fish oil.
In the future, the industry will look at solutions such as genetically modified vegetable oils, omega-3 producing micro-organisms and “harvesting oceans down the chain” to increase supply of the valuable fatty acids, Bjordal said.
This refers to the possibility of using algae as a potential future substitute for fish oil. Ewos is notably behind a project called CO2Bio which aims to take purified CO2 from the industrial site of Mongstad in Norway to cultivate algae.
(seafood.vasep.com.vn) Nearly US$1.7 billion is the projected gap in 2029 between the baseline scenario and a scenario in which Vietnam’s seafood exports grow by 10% annually, according to calculations by VASEP to be presented at Vietnam Seafood Summit 2026. This gap raises a key question for the entire industry: Which markets, products and supply chain improvements will generate the additional growth?
(seafood.vasep.com.vn) Although Germany’s tuna imports have declined, Vietnam’s tuna exports to the market continue to show positive signs. Notably, export value recovered strongly in Q3/2026, and German import data also show Vietnamese products strengthening their position amid competition among suppliers.
(seafood.vasep.com.vn) Seafood exports are holding double-digit growth, but the opportunities are not spread evenly across product groups and markets. As businesses draw up their plans for 2027, Vietnam Seafood Summit 2026 (VSS2026) offers a chance to look ahead together: what to sell, where to sell it, and how to prepare for growth in the coming years.
(seafood.vasep.com.vn) With less than two weeks to go, the Vietnam Seafood Summit 2026 (VSS 2026) will officially take place in Can Tho. Under the theme “Seafood Market Outlook 2027–2029 – Opportunities and Potential for Double-Digit Export Growth,” the Summit is organized by VASEP at a time when seafood businesses are facing rapid market shifts, changing buyer demand, trade policy changes and growing competitive pressure all at once.
(seafood.vasep.com.vn) On October 28, 2026, the China Fisheries & Seafood Expo opened in Qingdao, China. The expo takes place over three days from October 28 to 30, 2026. This is a prestigious specialized seafood exhibition organized annually by Sea Fare Exposition Inc.
(vasep.com.vn) In the first nine months of 2026, Vietnam’s tilapia exports to the CPTPP bloc reached $7 million, marking a 51% year-on-year increase. The bloc rstands as the fourth-largest market for Vietnamese tilapia, trailing Brazil, the US, and Saudi Arabia.
(vasep.com.vn) VASEP has officially announced the program for Vietnam Seafood Summit 2026 (VSS 2026), featuring five in-depth sessions covering industry outlooks, trade barriers, buyer demand, the domestic market, and solutions to improve productivity and reduce costs across the seafood value chain.
(vasep.com.vn) Vietnam’s shrimp exports reached US$3.7 billion in the first nine months of 2026, up 11% year on year. Although growth has been supported by China and several markets within the CPTPP, momentum is slowing as exports to the United States and the European Union decline. Tariff pressures, international competition, and raw material challenges are creating significant hurdles for exporters in the final months of the year.
(vasep.com.vn) Markets are changing faster, buyer requirements are becoming more demanding, and trade barriers are growing increasingly complex. In this environment, seafood businesses need more than an understanding of current market conditions. They need a longer-term perspective to answer a critical question: Where will growth opportunities come from in 2027–2029, and what should businesses do now to prepare? This is one of the key reasons why VASEP is organizing Vietnam Seafood Summit 2026.
(vasep.com.vn) In the first eight months of 2026, Vietnam’s pangasius exports to the Middle East reached US$113 million, up 7% year on year from the same period in 2025. Growth has become more pronounced in recent months. In August alone, exports to the region totaled US$20 million, an increase of 24%. This indicates that demand for Vietnamese pangasius in the Middle East is gradually recovering after a slowdown in March, although the pace of recovery varies across markets.
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