BioMar Posts a Record-Low Forage Fish Dependency Ratio
March 27, 2025 | 1 min to read
BioMar reported an all-time low FFDR of 0.37 in its 2024 Sustainability Report, attributing this achievement to the innovative use of alternative ingredients and trimmings, which comprise 55% of marine ingredients. CEO Carlos Diaz emphasized that sustainability is both a moral imperative and a sound business strategy, with significant investments in innovation paid off. In 2024, BioMar assessed a record number of alternative raw materials, producing nearly 1 million tons of aquafeed containing microalgae, accounting for 70% of total volume.
An all-time low FFDR of 0.37 was reported in BioMar’s 2024 Sustainability Report. This milestone was reached through the innovative use of alternative ingredients and trimmings, which now represent 55% of the total marine ingredients. However, the ever-changing market conditions for raw materials might make it challenging to sustain this position over time.
“We have had an impressive sustainability year” said Carlos Diaz, CEO, BioMar Group. “Proving that being sustainable is not only the right thing to do but also makes good business sense. Our early investment in innovation and raw material development is paying off, and we will likely see an escalation in the production of alternative materials in the coming years.”
In 2024, BioMar’s innovation pipeline assessed a record number of alternative raw materials and almost 1 million tons of aquafeed containing microalgae were produced. This represents around 70% of BioMar’s total aquafeed volume.
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