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.
Despite being dominated by the production of a single commodity, shrimp farming is a remarkably disparate business with a huge variety of business models and production techniques.
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.
The second half of 2023 could be “the most challenging period for global aquaculture since the peak of the pandemic in 2020”, while for the shrimp sector it could be the toughest period since the outbreak of EMS in 2011.
eFishery is the first aquaculture startup to reach a valuation of over $1 billion. This should open the floodgates for meaningful investment in the industry, according to Amy Novogratz – co-founder and managing partner of Aqua-Spark*.
Seafood production has become a globalised industry and many countries have seafood industries that are being buoyed by overseas migrant workers – hard-working people who left their home countries, and often their entire families, to seek their fortunes abroad…
Ten years after returning to Vietnam, Loc Tran, founder and CEO of ShrimpVet, is looking for ways to help farmers adopt more progressive and efficient practices in order to survive the current downturn in shrimp prices.
Attempts to improve access to disease-free shrimp juveniles – and clamp down on illegal imports – in Bangladesh show promise, but the sector still has a long way to go.*
