Blueprint for future-proofing shrimp supply chains
Farmed shrimp is an industry poised for transformation. Globally, shrimp is the most valuable traded seafood by volume, representing $32 billion in annual trade. Through controlled intensification, farmed shrimp has the potential to sustainably support the growing global demand for animal protein by using resources more efficiently, maximizing yields and reducing inputs.
Even though farmed shrimp has been characterized as one of the most environmentally and socially destructive commodities, major industry actors have recently made progress working collaboratively to address sector-wide issues. The challenges and opportunities in farmed shrimp are emblematic of many food commodities. Thus, transforming shrimp supply chains offers an opportunity for businesses to apply learnings—in principle and practice—to other commodities.