Marine Aquaculture Market Set for Significant Growth: Projected to Reach USD 300 Billion by 2032
The marine aquaculture market, encompassing the cultivation of marine organisms in oceanic or enclosed seawater systems, is on the brink of substantial growth. According to recent projections, the market is expected to grow from approximately USD 176.8 billion in 2024 to an impressive USD 300 billion by 2032, achieving a
GSA Unveils Seafood Processing Standard 6.0: A New Era in Global Seafood Safety and Sustainability
The Global Seafood Alliance (GSA) has made a significant milestone in the seafood industry with the official release of the Seafood Processing Standard (SPS) version 6.0. This latest iteration is designed to meet the stringent requirements of the Global Food Safety Initiative (GFSI) and marks a substantial advancement in ensuring
Unlocking the Blue Gold: Investors’ Meet 2024 to Boost Fisheries and Aquaculture in Andaman & Nicobar Islands
On November 14, 2024, the Department of Fisheries, under the Ministry of Fisheries, Animal Husbandry & Dairying, is set to host the highly anticipated “Investors’ Meet 2024: Investment Opportunities in Fisheries and Aquaculture Sector of Andaman & Nicobar Islands.” This landmark event will be held at Taj Exotica in Swaraj
Drone Technology Takes Flight: A New Era for India’s Fisheries Sector
Union Minister of State Shri George Kurian inaugurates workshop on Application and Demonstration of Drone Technology in Fisheries and AquacultureDrone technology in the fisheries sector is going to be a game changer- Union Minister Shri George Kurian Centre to develop 100 climate resilient coastal villages to protect fisher livelihood said
Potential Shifts in Seafood Exports: Indian Industry Eyes Opportunities Amidst US Market Changes Post-Trump Victory
In the wake of Donald Trump’s recent electoral victory, Indian marine exporters are optimistic about a potential resurgence in seafood exports to the United States. They believe that a revitalized US economy could lead to increased consumer demand, particularly for shrimp products. Currently, the US seafood market is experiencing sluggishness,
Revitalizing India’s Seaweed Industry: New Guidelines for Importing Live Seaweeds
In a pivotal move to enhance the development of seaweed enterprises, the Ministry of Fisheries, Animal Husbandry and Dairying has notified the ‘Guidelines for Import of Live Seaweeds into India’. This initiative is designed to bolster the economic prospects of coastal villages, ensure livelihood sustainability for the fisher community, and
ICAR-CIFT Earns Prestige as Newly Declared Centre of Excellence in Food Authenticity
The Indian Council of Agricultural Research-Central Institute of Fisheries Technology (ICAR-CIFT) has been officially recognized as a Centre of Excellence in Food Authenticity. This notable designation was announced during a national workshop titled “Food Authenticity and Traceability using Omics Techniques,” held at the institute as part of the ICAR-NASF Foodomics
ICAR-CIBA Revolutionizes Mud Crab Aquaculture with Breakthrough Farming Success
The ICAR-Central Institute of Brackishwater Aquaculture (CIBA) has achieved a groundbreaking milestone in sustainable aquaculture by successfully cultivating mud crabs in earthen ponds. This innovative approach not only addresses the rising demand for seafood but also promotes ecological balance and economic sustainability in coastal areas. Rapid Growth and High Yield
49th Edition of India International Aquaculture Expo (IIAE) 2024: A Platform for Aqua Farmers and Exporters to Explore Emerging Technologies and Opportunities
The 49th edition of the India International Aquaculture Expo (IIAE) 2024 was inaugurated by Undi MLA K. Raghurama Krishna Raju and District Collector Ch. Nagarani at Undi in West Godavari district. The two-day expo brought together aqua farmers, aqua exporters, and other stakeholders to explore the latest technologies, policies, and
Experts and Fishermen Advocate for Sustainable Practices Following Lift of Fishmeal Factory Moratorium
In the wake of the Marine Products Export Development Authority’s (MPEDA) decision to lift the moratorium on new fishmeal and fish oil factories, fishermen and marine experts have raised concerns about sustainability in India’s $7.38 billion marine food industry. The Indian Marine Ingredients Association (IMIA) welcomed this move, which they
Kerala’s Shrimp Export Crisis Deepens as Japan Cuts Imports: Implications for the Industry and Farmers
The shrimp export crisis in Kerala has reached a critical juncture following Japan’s recent decision to significantly reduce its imports of Indian shrimp. This development poses serious challenges for the state’s aquaculture sector, especially in the context of its dependence on the Japanese market, which has historically been a key
Andhra Pradesh Leads the Way in Fishing and Aquaculture: A Deep Dive into India’s Aqua Sector
Andhra Pradesh has emerged as a dominant force in India’s fishing and aquaculture sector, accounting for an impressive 41% share of the country’s total fish production. This remarkable achievement not only underscores the state’s strategic geographic advantages but also highlights the concerted efforts of local authorities, farmers, and businesses in
Indian Shrimp Industry Fights Back Against Allegations, Seeks Government Support
Indian shrimp exporters are facing accusations from a foreign lobby that their products are contaminated and produced using forced labor. This lobby is targeting the lucrative US market, where India has a 40% market share. The accusations stem from allegations by a former employee of a Kerala-based shrimp processing company,