People have been eating shrimp for many hundreds of years. They are primarily produced in Asia but there are also a lot of suppliers in South America. The process has gone from being solely a family owned business to a multimillion dollar industry. This has changed the face of the shrimp suppliers business but there is still room for the small business owner to make a living.
In Indonesia, anthropologists uncovered ponds that were used to grow crustaceans in the 15th century. Some farmers were contemplating a use for their rice fields in the off season and they began to harvest shrimp. Generally located near a river bank or the coast, these farms began turning such a good profit that some rice growers abandoned rice all together.
The biggest supplier is China but other Asian countries also grow many of these tiny shellfish. About 75 percent originate in China, India, Thailand, Vietnam, and Indonesia. While there has been some market drop off in the last three decades due to disease and environmental concerns, increased nutrition and better processes have allowed this to remain a very profitable trade.
One consequence of the environmental and disease concerns is that farmers had to look at creating efficiencies. They did this by creating a supply chain that allows them to produce crustaceans a much higher rate. They fertilize phytoplankton and then supplement the diet with artificial pellets placed into feeders. This has paid off as the trade has again become profitable.
These tiny shellfish are also raised in hatcheries, nurseries, and ponds. Small family owned businesses have hatcheries that raise smaller amounts; these are generally sold locally rather than exported. Many farms have nurseries where the crustaceans stay until they are around three weeks old. Then the juveniles are moved to ponds where they grow to maturity before being harvested and sold on the market.
Asia produces the vast majority of the 2.5 million tons produced on a yearly basis. The industry was hurt when there were numerous disease outbreaks in the last three decades, but has mainly recovered and today is considered very profitable. Another bonus is that the workers usually are paid better than many other trades and this brings economic benefits to some of the poor areas of the world. There are some complaints that most of the profits go to large corporations but there are many family owned businesses that have survived.
Half a million tons of this tiny shellfish are imported yearly into the United States. Another half a million tons goes to Europe and another quarter million to Japan. The remainder stay in the domestic market, where they are still part of the Asian diet. This tasty creature does not require much work, although it must be peeled, and it has remained a favorite partially because of this.
Millions of tons of shrimp are produced and exported to the United States and Europe. However, shrimp suppliers also have found that their local market is very profitable. They have worked on making their processes more efficient and on growing the shrimp more quickly and this has allowed the trade to remain profitable.
In Indonesia, anthropologists uncovered ponds that were used to grow crustaceans in the 15th century. Some farmers were contemplating a use for their rice fields in the off season and they began to harvest shrimp. Generally located near a river bank or the coast, these farms began turning such a good profit that some rice growers abandoned rice all together.
The biggest supplier is China but other Asian countries also grow many of these tiny shellfish. About 75 percent originate in China, India, Thailand, Vietnam, and Indonesia. While there has been some market drop off in the last three decades due to disease and environmental concerns, increased nutrition and better processes have allowed this to remain a very profitable trade.
One consequence of the environmental and disease concerns is that farmers had to look at creating efficiencies. They did this by creating a supply chain that allows them to produce crustaceans a much higher rate. They fertilize phytoplankton and then supplement the diet with artificial pellets placed into feeders. This has paid off as the trade has again become profitable.
These tiny shellfish are also raised in hatcheries, nurseries, and ponds. Small family owned businesses have hatcheries that raise smaller amounts; these are generally sold locally rather than exported. Many farms have nurseries where the crustaceans stay until they are around three weeks old. Then the juveniles are moved to ponds where they grow to maturity before being harvested and sold on the market.
Asia produces the vast majority of the 2.5 million tons produced on a yearly basis. The industry was hurt when there were numerous disease outbreaks in the last three decades, but has mainly recovered and today is considered very profitable. Another bonus is that the workers usually are paid better than many other trades and this brings economic benefits to some of the poor areas of the world. There are some complaints that most of the profits go to large corporations but there are many family owned businesses that have survived.
Half a million tons of this tiny shellfish are imported yearly into the United States. Another half a million tons goes to Europe and another quarter million to Japan. The remainder stay in the domestic market, where they are still part of the Asian diet. This tasty creature does not require much work, although it must be peeled, and it has remained a favorite partially because of this.
Millions of tons of shrimp are produced and exported to the United States and Europe. However, shrimp suppliers also have found that their local market is very profitable. They have worked on making their processes more efficient and on growing the shrimp more quickly and this has allowed the trade to remain profitable.
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