Indian shrimp producer targets the European market
Blue Sea Aquaculture intends to grow its exposure on the EU market as organic black tiger shrimp items has already seen an increased demand from Austria, Germany and Switzerland.
Luckily, the EU ambassador to India just announced that the market will remain open for Indian shrimp exports due to the use of antibiotics in Indian shrimps, reports Undercurrent News magazine.
"We are not going to put any ban on Indian shrimp. Only one thing is that we have some health regulations in Europe and all imports from abroad should meet our requirement," said Tomasz Kozlowski, the EU ambassador to India.
That offers a big opportunity for Indian shrimp producers that respond to the EU's requirements to enter and compete in this market and Blue Sea Aquaculture admits that Europe is the main destination for its products at this time.
"The EU market is the main market. Sales of organic shrimp to the United States are difficult due to the lack of a recognized organic aquaculture regulation," said Udo Censkowsky, co-founder of the company.
In 2016, the first production reached 50 tonnes of black tiger shrimp but this year it could account for 200 tonnes of processed organic raw material. The success of this the enterprise is currently dependent on exports to Europe, where the demand is expected to rise but it also presents several challenges as the retail industry tends to offer limited product ranges to keep the consumer price low.
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