In fact, captured fish used directly for reduction to fishmeal and fish oil dropped by 43% between 1992 and 2012. Recycling fish residue in the fishmeal and oil market (cont.) According to IFFO, the Marine Ingredients Organisation, the share of fish oil in the Omega-3 market has increased from 5% in 1990 to 22% in 2012. While still 74% of the fish oil is going to aquaculture, fish farmers find themselves competing with a buyer that is able to pay substantially higher prices.