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Both the world's largest aquaculture producer and a leading user of marine ingredients, China is expected to account for 42% of global fishmeal consumption by 2034.

The Danish-headquartered aquafeed producer plans to add 50,000 tonnes of capacity at its facility in Wuxi, with a new production line expected to be operational in early 2027.

Previously Head of Business Development and Strategic Partnerships, following his promotion, Morten Westby joins the local management team in Ningbo.

Both companies will jointly create a precision nutrition system optimized for high-altitude farming conditions.

The volume of salmon exports has more than doubled, while the value of exports has increased by 67% so far this year.

China resumed purchasing Japanese marine products after lifting a ban imposed in August 2023.