The Asian shrimp aquaculture industry is stagnating and going nowhere. While there is increasing supply in Latin America, demand from the global market faces headwinds of inflation and a looming recession. Costs of production for Asian shrimp have risen tremendously, including high prices for feeds and energy inputs - erasing margins for farmers and affecting all players along the supply chain.
“Part of the challenge is attributed to the lack of efficiency due to poor survival rates, however, there is a larger systemic risk,” said Zuridah Merican, editor of Aqua Culture Asia Pacific and chair of TARS 2023. “We need to proactively improve the culture model, mitigate disease, match nutrition and genetics, and place greater focus on sustainability. It is no longer acceptable for the industry to just keep evolving. We need to support the regeneration of Asia’s shrimp aquaculture – the responsibility falls on all stakeholders.”
TARS 2023 Shrimp Aquaculture: Regeneration will offer a way forward by looking at bottlenecks and challenges and recommend solutions for industry adoption. The 12th in the series, TARS 2023 will be held August 16-17, 2023 in Bali, Indonesia. The two-day program will reflect on current developments and technologies in shrimp farming, discuss business strategies to position stakeholders in the global shrimp landscape, and future proof the industry for the next generation.
Key topics include the state of the industry and challenges, Indonesia’s shrimp production and marketing strategies, precision shrimp nutrition and health interventions, new and emerging technologies in the market, branding and marketing, risk management, and opportunities for investments in Asian shrimp farming.
A host of international industry experts will facilitate the plenary and panel discussions, and interactive breakout roundtables that have become hallmarks of this critical series. This year, the industry dialogue will feature next-generation players, while the hard talk session with business leaders will share experiences on what it takes to produce sustainable shrimp.
“TARS is a stakeholder-driven effort, and our role is to facilitate knowledge and information sharing for a common goal, to ensure a sustainable aquaculture industry for the next generation,” Merican added. “Last year, the TARS conference in Vietnam which focused on Aquafeeds – A New Equilibrium was a great success with more than 250 participants from 26 countries in attendance.”
