This 20kg figure sounds wildly inaccurate. Fish feed is in general 75% plantbased. It is also very efficient (in terms of conversion rate to growth). Could this 20kg figure be decades old?
Also the non plant parts of it could be fairly efficient too. e.g see black soldier fly farming for fish feed. Not that that is a 100% answer for all feed for seafood farming, but interesting options abound.
Personally though, Octopi are too smart for me to eat. I'll always pass on it now.
This seems to be a very generalized statement when there is a lot of variation to consider. There are 33,000 fish species, some being specialized feeders of algae, to 100% live fish, all designed for processing each food differently. Are you speaking on a specific fish that is commonly "farmed"?
I could see Salmon needing this 20kg and not even contain the quality fats they get in the wild, resulting in a lower quality food on top of being more impactful to the environment.