Indian Shrimp Industry - Local Market Development Requirement

Currently, it is not diseases that are of the biggest concern in the Vannamei shrimp industry in SE Asia and the Indian subcontinent.

Perhaps yes, for some in smaller locations, but this is more down to poor management principles.

A simple look at the price trends of shrimp indicates that when diseases are rampant, then shrimp prices go up. Right now, prices are low.

No - the biggest issue facing Indian farmers is the selling price paid!

Prices will come down further on the commodity - a volume play. With Ecuador looking to produce 1.5MMT in 2023 and able to sell with the lowest prices on the market, this adds extra pressure for finding a home for domestic production. Ecuador also has the potential to ramp up to a much higher volume output over time - so look out rest-of-the-world.

To this end, India must harness its 1.4bn population to support the local domestic consumption of farmed shrimp.

Shrimp is a healthy, cheap protein source, and a local generic shrimp marketing program supported by the Indian government would not go amiss.

Innovations in Shrimp Industry

Shrimp-specific food service restaurants, as are e-commerce shrimp-to-home delivery systems, are starting to appear.

Innovations…