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Driven by the Fisheries and Aquatic Resources authority of Western Visayas, the feed facility's goal is to improve the affordability and efficiency of fish farming in the region.

“BioMar is ready for life as a listed company," said Carlos Diaz, CEO of BioMar.

This segment generated THB 880 million (about €23 million), about 66% of total revenue, and grew 13.1% year-on-year.

Akvaplan-niva is leading a project that could turn Calanus finmarchicus into a new sustainable and climate-neutral blue fish feed.

The Norwegian institute’s latest research suggests unfamiliar feed ingredients can cause skepticism, particularly when consumers are not given context on sustainability, fish health or food safety.

The Indian company will invest USD 3 million in Thai Union Feedmill Ecuador, which will manufacture and distribute feed for the shrimp farming sector.