Algal oil producer ‘dramatically’ increased output last year

Algal oil producer Veramaris “dramatically” increased production by 61% last year as novel aquafeeds continue to be adopted by feed companies.

The company, which does not reveal how much volume it produced, managed at the same time to reduce its greenhouse gas emissions by 5.6%, it said in a press release.

Now the Delft, Netherlands, headquartered innovator is looking to scale up production and is calling for commitment from aquafeed markets and the downstream seafood value chain so that global aquaculture can grow with less risk of short-term omega-3 supply shocks.

Full capacity

“In 2024, we operated at full capacity for the first time, proving that aquaculture can expand responsibly – without deepening its reliance on wild fish stocks for essential long-chain omega-3s,” said Veramaris CEO Gertjan de Koning.

“Our algae oil has moved from an alternative to a mainstream ingredient, and our goal is to secure its long-term place in aquafeed formulations to support the sustainable growth of the industry.

“Only with further commitment from the entire value chain can we realise our vision of growth that sustains the future and we’re working with our partners to achieve this.”

Long-term growth

Veramaris’ new Sustainable Development Report for 2024 showed it is on track to meet its sustainability targets.

The company, which produces algal oil in fermenters in Blair, Nebraska, in the United States, said it can provide a viable, reliable, sustainableSSSS and scalable source of high-quality omega-3s for aquaculture, so farmers do not have to be at the mercy of wild-caught forage fish stocks and volatile fish oil prices.