NEWS FEED & ADDITIVE MAGAZINE February 2025 85 The global aquaculture sector is poised for growth in the first half of 2025 despite facing uncertainties, according to a recently revealed RaboResearch report. The salmon industry is expected to continue its recovery with fewer biological challenges, while shrimp farmers anticipate improved margins as oversupply issues diminish. RaboResearch states inflation is easing in Western countries, potentially boosting demand for seafood. However, the recent US presidential win by Trump could trigger trade war-induced inflation, affecting disposable incomes and shifting demand toward more affordable proteins like chicken. In China, ongoing economic uncertainty and the need for fiscal support may hinder demand recovery for aquaculture products in the first half of 2025. Additionally, fish meal prices are expected to face downward pressure as they adjust to the lower prices of feed alternatives. Following a challenging 2024, the global salmon industry is on a path to mild recovery, with growth anticipated between 1% and 2% in the first half of 2025, provided no unforeseen biological issues arise. Norway is better prepared for biological challenges, and the El Niño-related problems that affected Chile in 2024 are not expected to recur, RaboResearch analysts explain. However, low biomass will limit supply growth in the first half of the year, with further gains in the second half dependent on resolving lice issues from 2024. Read more>> RaboResearch: Aquaculture sector poised for growth in first half of 2025 AlphaPet Ventures, one of Europe’s leading digital brand platforms for premium pet food, acquired JR Pet Products, a premium brand of natural chews and treats for dogs in the UK. According to the company’s statement, this acquisition marks another significant milestone in AlphaPet’s successful buy and build strategy and strengthens its footprint in the UK market. AlphaPet Ventures (AlphaPet) is digitizing the pet market and successfully building and distributing premium brands across Europe. Its portfolio includes premium brands such as Wolfsblut, Wildes Land, Arden Grange, and Herrmann’s Manufaktur. AlphaPet explained its strategy focuses on multi-channel distribution, emphasizing direct-to-consumer (D2C) sales through its own platforms. This is complemented by a highly customer-centric approach and strong B2B partnerships with retailers. JR Pet Products (JR) was founded in 2012 by Jonathan and Rebecca Davies with seed investment from Stephen Tandy, a close friend of Jonathan. Today the JR brand is one of the UK’s leading premium dog treat brands, offering a wide range of high-quality, natural dog chews and treats. With a strong focus on top-quality raw materials and products, JR has reportedly built a loyal and strong customer base. The brand distributes its products over its own D2C shop and via B2B partners. Read more>> AlphaPet acquires UK-based premium dog treat brand
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