19 B u s i n e s s p l a n | F i s h m e a l a n d f i s h o i l p r o d u c t i o n These major findings support the conclusion that if someone can produce an additional amount of fishmeal and fish oil, he should take them to China to make a good profit. Market analysis • The main consumers of the fishmeal are pork and aquaculture farms. • China is the largest pork market with 51% of the world pork production. • China is the largest market for aquaculture with 53% of world market share. • China imports around 1 million MT fishmeal. • Fishmeal shortage in Chinese pork industry in China is 1,34 million MT. • World fishmeal prices have quadrupled since 2000. • Since 2016 a shortfall of fishmeal and fish oil is expected. • In 2025 the expected outpace of fishmeal supply by demand could be up to 16 million MT. MAJOR FINDINGS R E C A P :
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