Global shrimp production may increase to 8-9 million tons
Thanks to a wave of innovation and new technological advances in shrimp farming, global shrimp production may increase to 8-9 million tons within the next 5 years.
At the annual Shrimp Forum of the Global Aquaculture Alliance (GAA) on the sidelines of the North American Seafood Expo, George Chamberlain, President of GAA, said that the progress in all stages of shrimp farming, from genetic improvement of broodstock and replacement of live feed for shrimp larvae in hatcheries, to ensure better biosecurity and intensive farming systems on the farm, is changing the face of the industry.
According to George Chamberlain, capital investment increases in the context of industry growth and the value chain is creating development. Currently, the GAA estimates global farmed shrimp production at around 4.5 million tons after years of strong growth.
Chamberlain’s main chart of shrimp farming – who is also Hawaii CEO Kona Bay Marine Resources, a supplier of pathogen-free broodstock – identifies selective breeding programs as one of the biggest factors promoting productivity growth.
Currently, shrimp, salmon and tilapia grow four to five times faster than in aquaculture four decades ago. Broiler executives take twice as long to reach equivalent growth rates.
In areas in Thailand, Peru and Brazil, Chamberlain said the region is witnessing a new beginning of intensive shrimp farming, allowing farmers to gain higher profits.
The foundation for infinite growth in the future is alternative foods made from insects, bacterial proteins, algae oil and other types, which can make people less anxious about demand conditions. Fishmeal used in aqua feed far exceeds supply. Chamberlain said, one day, shrimp farming will become like poultry, where large-scale industrial production in intensive systems has significantly lower production costs and he predicts this. may happen before 2025.
Source: Tong Cuc Thuy San