USSEC Holds Aquaculture Seminar in Egypt
- Category:
- General News
USSEC held an aquaculture seminar in Egypt on June 8. Working together with Wenger Manufacturing, Inc., USSEC provided this conference to deliver knowledge to Egypt’s growing aquaculture market. A total of 42 participants, representing 10 of the top poultry and aquafeed producing companies, attended.
Egypt’s aquaculture sector has grown at a rate of more than 10 percent each year for the last 10 years. Today, the country’s aquaculture sector produces approximately 850,000 tons of fish and feed demand is estimated to be in excess of 1.9 million tons yearly. Current extrusion capacity, however, is only 140,000 tons providing ample opportunity in terms of improving quantity as well as quality of aquafeed.
USSEC consultant Dr. Jan van Eys spoke to seminar participants on the replacement of fish meal with soybean meal in the diets of tilapia, sea bass and sea bream. The presentation covered the economic as well as the nutritional advantage of fish meal replacement by soy products such as soy protein concentrate and soybean meal. The lecture’s main message emphasized the potential of U.S. soy in improving diet quality and performance, along with providing the opportunity to increase returns for farmers. Follow-up visits with feed manufacturers underlined the existing interest in aquaculture. All of those visited have advanced projects to enter the fish feed production, primarily in tilapia feed production but also for other marine species, demonstrating that Egypt’s aqua market is booming.
Nigel Lindley, Wenger’s director of marketing for the Middle East and North Africa, is confident that the Egyptian aquaculture market will show significant growth in the next few years and believes that the market is quickly evolving to meet the demand for quality feed. He added that Egypt will succeed Turkey as the main market for Wenger in the region. Wenger has delivered 4 new extruders to the Egyptian market in 2014 alone, adding approximately 280,000 tons capacity of quality feed. Marc Wenger, CEO, also attended the seminar and is equally confident that demand for quality fish feed will grow rapidly.
USSEC held an aquaculture seminar in Egypt on June 8. Working together with Wenger Manufacturing, Inc., USSEC provided this conference to deliver knowledge to Egypt’s growing aquaculture market. A total of 42 participants, representing 10 of the top poultry and aquafeed producing companies, attended.
Egypt’s aquaculture sector has grown at a rate of more than 10 percent each year for the last 10 years. Today, the country’s aquaculture sector produces approximately 850,000 tons of fish and feed demand is estimated to be in excess of 1.9 million tons yearly. Current extrusion capacity, however, is only 140,000 tons providing ample opportunity in terms of improving quantity as well as quality of aquafeed.
USSEC consultant Dr. Jan van Eys spoke to seminar participants on the replacement of fish meal with soybean meal in the diets of tilapia, sea bass and sea bream. The presentation covered the economic as well as the nutritional advantage of fish meal replacement by soy products such as soy protein concentrate and soybean meal. The lecture’s main message emphasized the potential of U.S. soy in improving diet quality and performance, along with providing the opportunity to increase returns for farmers. Follow-up visits with feed manufacturers underlined the existing interest in aquaculture. All of those visited have advanced projects to enter the fish feed production, primarily in tilapia feed production but also for other marine species, demonstrating that Egypt’s aqua market is booming.
Nigel Lindley, Wenger’s director of marketing for the Middle East and North Africa, is confident that the Egyptian aquaculture market will show significant growth in the next few years and believes that the market is quickly evolving to meet the demand for quality feed. He added that Egypt will succeed Turkey as the main market for Wenger in the region. Wenger has delivered 4 new extruders to the Egyptian market in 2014 alone, adding approximately 280,000 tons capacity of quality feed. Marc Wenger, CEO, also attended the seminar and is equally confident that demand for quality fish feed will grow rapidly.