123ArticleOnline Logo
Welcome to 123ArticleOnline.com!
ALL >> Business >> View Article

Shrimp Farming Is Looking Like Pink Gold After Gulf Disaster

Profile Picture
By Author: sandz1214
Total Articles: 64
Comment this article
Facebook ShareTwitter ShareGoogle+ ShareTwitter Share

Most people don't realize just how much shrimp is consumed annually and how big of a global business "Shrimping" really is.

Americans alone consume more than 1 Billion pounds of shrimp per year, which comes out to over 4 pounds per person annually. That's a lot of shrimp! So, where does it all come from. It's interesting really. The Gulf of Mexico supplies about 25% of the national consumables and the rest is largely imported from Thailand, Vietnam, China, Ecuador and Brazil - just to name a few.

The U.S. supply of wild catch shrimp from the gulf has taken a huge hit due to the BP Oil Spill this Spring and it's predicted that the shrimping grounds off the southern gulf states may be closed for many years to come. The latest estimate of damages to the fishing industry from the spill range at almost $3 Billion dollars.

So, how are we going to make up for this "shrimp deficit" and meet the demand of millions of hungry Americans that love shrimp? Well, there has been a lot of talk recently of a surge in the start-up of Shrimp Farms to meet some of this demand and it's rather ingenious. Seafood aquaculture has ...
... been getting a lot of attention lately and a vast majority of the shrimp consumed in the U.S. is farmed shrimp anyway.

Why not actually "farm" the Shrimp here as opposed to overseas?
There are several things that one would need to take into consideration before jumping in and starting a shrimp farm however. Just a few are the land requirements and equipment of course. Getting some aquaculture knowledge and education couldn't hurt either and a good handle on the industry as a whole. It does come down to more than just scooping some shrimp out of a pond. There are things such as marketing to consider and well as organizations that good to affiliate with.

Shrimp farming is, without a doubt, an exploding industry and certainly ripe with opportunity in the face of the Gulf disaster. The price of shrimp has risen dramatically since the fishing grounds were closed and there is no sign of relief to those price hikes - a definite signal that some new suppliers are needed. With a proper plan, anyone with fishing, farming, or just plain good learning experience can make their mark here.

JT Abney is a writer who works and lives on the Gulf Coast. Find out more about Shrimp Farms at his website ==> Shrimp Farming Guide.

Total Views: 267Word Count: 415See All articles From Author

Add Comment

Business Articles

1. Lucintel Forecasts The Global B2b Food Service Contract Market To Grow With A Cagr Of 4.9% From 2024 To 2031
Author: Lucintel LLC

2. Lucintel Forecasts The Global Air Powered Vehicle Market To Grow With A Cagr Of 35.1% From 2024 To 2031
Author: Lucintel LLC

3. Lucintel Forecasts The Global Acetal Copolymer Market To Grow With A Cagr Of 5.7% From 2024 To 2031
Author: Lucintel LLC

4. Lucintel Forecasts The Global Absorbent Mat Market To Grow With A Cagr Of 3.4% From 2024 To 2031
Author: Lucintel LLC

5. Lucintel Forecasts The Global Absorbent Booms And Socks Market To Grow With A Cagr Of 9.7% From 2024 To 2031
Author: Lucintel LLC

6. Lucintel Forecasts The Global Abs Alloy Market To Grow With A Cagr Of 5.1% From 2024 To 2031
Author: Lucintel LLC

7. Interior Designing Of Shops And Stores
Author: Royal Interiors

8. Lucintel Forecasts The Global 1,4-butanediol Polytetramethylene Ether Glycol And Spandex Market To Grow With A Cagr Of 8.8% From 2024 To 2031
Author: Lucintel LLC

9. Saying Goodbye To Paper Cards Now
Author: Angus Carruthers

10. How To Get L1visa? Meeting The Qualifications And Knowing The Process
Author: Phoenix Business Advisory

11. The Role Of Automotive Oem Services In Modern Vehicle Manufacturing
Author: Arrowmfgauto

12. Lucintel Forecasts The Global Industrial Hydrofluoric Acid Market To Grow With A Cagr Of 3.4% From 2024 To 2031
Author: Lucintel LLC

13. Moulage Injection Belgique : Une Expertise Au Service De Pommeaux De Douche Innovants
Author: MOULDING INJECTION

14. Does Ppf Increase Resale Value In Dubai? Real Uae Market Analysis
Author: autoglowuae

15. Seek Maximum From A Reliable Virtual Receptionist Service
Author: Eliza Garran

Login To Account
Login Email:
Password:
Forgot Password?
New User?
Sign Up Newsletter
Email Address: