The traditional sources of omega-3 are mainly fish and crustaceans. In fact, until 1998-2000, marine animals were one of the main sources of omega-3. The gradual depletion of global fish resources has driven the development of industrial aquaculture, which relies heavily on omega-3-rich feed, triggering sustainability issues in the global aquaculture process and inspiring interest in finding new sources of omega-3.
In addition to overfishing, the sustainability of fisheries resources is also threatened by the ongoing global climate warming. In the past few years, a new round of El Niño has wreaked havoc on marine fishing and aquaculture industries. According to reports, the fish oil production in the central and northern parts of Peru in the second quarter of 2022 (November-February) was only 17,000 tons, about one-third of the estimate.
In June 2023, due to the immature and underdeveloped status of the fish caught during the trial fishing period, the Peruvian authorities had to abandon full-scale fishing in the first quarter of the new year.
According to the introduction, Peru gave up fishing in the first quarter this year because 86.3% of the fish population were juveniles. If Peru continues to give up fishing in the second quarter, its economic growth rate will decline from -0.2% to -0.4%.
According to the latest news, the Peruvian fisheries authorities decided to start fishing from October 26 with a quota of 1,682,000 tons.
As of November 2, 16% of the quota has been completed, which is 270,000 tons. The results still show a high proportion of juveniles and a fat content of less than 1%, while the normal fat content in a regular year is 3%-4%. Due to this news, the price of fish oil in Peru has reached a new high, with a price of $9.2/kg for 28% omega-3, a 14% increase from the previous quarter.
As of December 5, 62% of the quota has been completed. Due to the high proportion of juveniles and the existence of restricted fishing areas, the fishing speed has slowed down by 50%. The industry predicts that this fishing season will end by the end of December, as the sea temperature is expected to rise in January, making the fishing situation even more complex and challenging.
The footsteps of human exploration into the unknown have long been taken before we encounter difficulties. Now, scientists have mastered the cultivation of marine algae in controlled artificial environments, and have extracted high-purity, high-quality DHA from it, which we call algae-based DHA oil.
Compared to fish oil, algae-based DHA oil has many advantages, such as:
- Closed fermentation production, away from marine pollution, stable fermentation product, and reliable product quality.
- Physical centrifugal extraction, without the use of chemical solvents, ensuring no external safety risks.
As one of China's well-known producers of DHA algae oil, HSF Biotech has become one of the first Chinese algae oil manufacturers to be approved for use in both US infant formula and European infant formula. We have always approached our production of DHA algae oil with a highly responsible attitude towards consumers. We continuously improve our production processes to give it higher health value, and we ensure that our DHA algae oil surpasses national standards for quality. As a company focused on the global market and future development, HSF Biotech looks forward to collaborating with customers and partners to create a better and healthier lifestyle.
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