Company calls for value chain support to secure future growth.
Veramaris increased its algae oil production by 61% in 2024 while reducing its absolute greenhouse gas emissions by 5.6% compared to its 2021 baseline, according to its newly released Sustainable Development Report.
The company, which produces ASC-MSC-certified microalgae oil for fish and shrimp feed, said it operated at full capacity for the first time in 2024. CEO Gertjan de Koning said this milestone demonstrated that aquaculture can scale responsibly without further dependence on wild fish stocks for essential Omega-3s.
“Our algae oil has moved from an alternative to a mainstream ingredient,” said de Koning. “Only with further commitment from the entire value chain can we realise our vision of growth that sustains the future.”
Veramaris said the reliability of its production offers a means of mitigating volatility in fish oil markets, which remain sensitive to climate-related disruptions. The company reiterated that further scale-up would require stronger alignment across the aquafeed and downstream seafood sectors.
The full 2024 report is available on Veramaris’ website.