Global shrimp production is forecast to reach 5.7 million tonnes this year and 6.1 million next – up from 5.4 million in 2023 – according to Erwin Termaat, shrimp analyst at Kontali.
The global salmon sector has been experiencing one of the most challenging periods for many years, with production issues in Norway and Chile being particularly acute.
Recent reports have accused India’s shrimp farming sector of widespread mangrove destruction on the country’s east coast, but satellite imagery analysis by Indian startup GalaxEye Space proves these accusations to be unfounded.
Following another year of challenging shrimp prices and high production costs, it’s little wonder that this year’s Global Shrimp Forum is set to include plenty of sessions that either cover how to boost demand, or how to produce shrimp more efficiently.
Despite its lack of coastline, shrimp production has proved lucrative for a small but significant number of farmers in Punjab for nearly a decade, but many of them are now facing an uphill struggle.
A former road contractor in Uttar Pradesh, Madanjeet Kumar Singh decided to pursue his passion of aquaculture. With dedication and hard work, Singh has become one of the best fish farmers in the state.
Ahead of The Center for Responsible Seafood’s Shrimp Summit, which is taking place in India in June, George Chamberlain reflects on the future of the industry and the recent allegations against some of the key players.
Uttar Pradesh, an Indian state with a population larger than Pakistan, is home to an increasing number of fish farmers, thanks to various initiatives by the state government to boost fish production and create economic opportunities for producers.
India’s seaweed sector is dominated by the production of Kappaphycus for the hydrocolloid and biostimulant industries, but Gabriella D’Cruz, founder of The Good Ocean, is determined to diversify the species grown and the applications for these.
Sharing practical tips for small-scale aquaculture operators, particularly those based in the tropics, to adapt and become more resilient to the changing climate and extreme weather events.
The north-eastern states of India have numerous indigenous ornamental fish species that are in high demand among owners of aquaria, but farming these species is yet to fulfil its true potential.
Kailash Narayan Singh ventured into farming carp five years ago and has since become one of the largest aquaculture producers in the north Indian state of Uttar Pradesh.
While the slow intensification of shrimp farming appears to be working in Latin America, Ecuadorian producers should be wary of the Asian example, where even heavy investments in new technologies have failed to counter problems caused by historic overstocking.…
Investment in seaweed production – not processing – urgently needs to be prioritised, according to leading industry analyst and Phyconomy founder Steven Hermans.
Despite a challenging year for the majority of the world’s shrimp farmers, Willem van der Pijl notes that a number of positives to have emerged over the last 12 months, which could help to strengthen the sector’s long-term resilience.
Kal Bahadur Gurung, 40, ditched his taxi business in the Indian state of Sikkim in favour of rainbow trout farming and now earns around $30,000 per year.
Prem Kumar Rai, 45, from Sikkim state, northeast India, earns 15 lakhs rupees ($18,333) annually by farming rainbow trout and has won several accolades from the state government.
Rainbow trout farming is proving a profitable venture for many fish farmers in Sikkim, a small hilly state in north-east India, thanks to the suitable climatic conditions and reliable water supplies.
How shrimp producers – and those who provide their feeds – can remain solvent during a time of rock-bottom shrimp prices and record feed costs will form the crux of many of the discussions in the feed session at the forthcoming Global Shrimp Forum.
The use of insect-based aquafeed ingredients – and potentially diversification into insect farming itself – could offer valuable opportunities for India’s small-scale aquaculture producers.