Abstract
Shrimp aquaculture industry is an important source of income in the inter-tropical countries of Southeast Asia and other inter-tropical developing countries. The shrimp industry has grown rapidly and generates billions of dollars every year in trade and employs millions of people globally. World production of shrimp both captured and farmed is around 7 million metric tons. Shrimp is one of the most important internationally traded fishery commodities in terms of value. Annual reports show that exports of shrimp are currently worth more than 10 billion US dollars or 16% of all fishery exports. Currently, about 40% of the world catch of shrimp is from farming. However, the proportion of farmed shrimp in international trade appears to be much higher.
Highlights
Shrimp aquaculture industry is an important source of income in the inter-tropical countries of Southeast Asia and other inter-tropical developing countries
Litopenaeus vannamei (Pacific White shrimp) are cultured in 27% (909.4ha) of the total shrimp farms while the remaining 25% (935.8ha) are cultured with other endeavor shrimps which is secondary to Oreochromis niloticus (Tilapia) and milkfish and some are involved in polyculture with crabs (Table 1) [2]
In a concept paper published by the United Nations on Blue Economy in 2015, Blue Economy is defined as constituting a sustainable development framework that addresses equity in access to, development of, and the sharing of benefits from marine resources
Summary
Molecular Biology and Biotechnology Laboratory, University of Santo Tomas, Philippines. The shrimp industry has grown rapidly and generates billions of dollars every year in trade and employs millions of people globally. World production of shrimp both captured and farmed is around 7 million metric tons. About 40% of the world catch of shrimp is from farming. This study presents the current situation of the Philippines’ Shrimp Aquaculture Industry. This study is the first to correlate Shrimp Aquaculture Industry and the Blue Economy in the Philippines. In the Philippines, shrimp farming started in the 1980’s It was in the year 1992, when the Philippines produced the largest shrimp catch of about 120,000 metric tons [1]. This made the Philippines known to the world as one of the leading shrimp producing countries. Litopenaeus vannamei (Pacific White shrimp) are cultured in 27% (909.4ha) of the total shrimp farms while the remaining 25% (935.8ha) are cultured with other endeavor shrimps which is secondary to Oreochromis niloticus (Tilapia) and milkfish and some are involved in polyculture with crabs (Table 1) [2]
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