CATDOLL : CATDOLL: What do you think is the future of aquaculture?

With the development of the crayfish industry, the crayfish processing industry has also developed, and the scale of processing output has increased year by year. Hubei Province is still a major crayfish province. In 2020, the crayfish processing volume reached 614,700 tons, accounting for nearly 70% of the national total processing volume.

It is worth noting that the products of deep processing of crayfish can double the added value of crayfish and have a wide range of applications, but the potential of deep processing of crayfish still needs to be explored.

Major listed companies in the aquaculture industry: Zhanzidao (002069), Tianma Technology (603668), Dahu Holdings (600257), Haodangjia (600467), ST Dongyang (002086), Yulong Fisheries (872349), and ST Changyu (600275).

Key data of this article: crayfish processing output value, crayfish processing types, crayfish processing products

1. Crayfish processing types: primary processing and deep processing

Crayfish processing is divided into primary processing and deep processing, among which primary processing is the main one. Primary processing refers to food processing of crayfish in part or as a whole; deep processing refers to the deep processing of crayfish shells and other by-products to extract chitin and other products. It is currently mainly concentrated in Hubei Province and Jiangsu Province.

2. The output value of crayfish processing increases year by year

From 2017 to 2020, the output value of my country's crayfish processing industry has increased year by year, from 20 billion yuan in 2017 to 48.1 billion yuan in 2020. Among them, Hubei Province still maintains a leading position in the field of crayfish processing. In 2019, the processing volume of Hubei's large-scale processing enterprises reached 585,400 tons, accounting for 72.5% of the national total processing volume; in 2020, the processing volume of Hubei's large-scale processing enterprises reached 614,700 tons, accounting for 69.8% of the national total processing volume. It can be seen that the crayfish processing industry in other provinces has accelerated during 2019-2020.

3. The primary processed products of crayfish are mainly shrimp tails

In the primary processing of crayfish, shrimp tails are the main product, accounting for 43% of the original shrimp; followed by seasoned whole shrimps, accounting for 35%; shrimp meat processing is relatively less, accounting for only 22%, which is about half of the shrimp tails.

4. Crayfish deep-processing products have high added value

Most crayfish are used for primary processing, and only a small part is used for deep processing. The edible part of a crayfish is less than 20%, and the remaining 80% is shells. These shells can be used as raw materials for deep processing of crayfish to produce a series of products such as chitosan capsules, chitosan, water-soluble chitosan, carboxymethyl chitosan, and chitooligosaccharides. The products of deep processing can be used for special chemicals, medical supplies, biofunctional materials, and high-quality health products. The added value of the products is expected to increase by 10-100 times.

For more industry-related data, please refer to the "China Aquatic Products Processing Industry Production, Sales, Demand and Investment Forecast Analysis Report" by Qianzhan Industry Research Institute.

Nowadays, the requirements for quality of life are getting higher and higher, and the requirements for aquatic products are also getting higher and higher, and the demand is also increasing. For example, the demand for crabs, crayfish and other farming is in short supply, and now it is acceptable to mass consumption. It is no longer something that only rich people can eat. Aquaculture has unlimited development and a bright future!

If you want to get involved in aquaculture, you must first be able to endure hardships, loneliness, pressure and risks. You must also have enough funds to be ready to fight back. Many people in this industry who rely on luck often come and go in a hurry. If you want to make money in this industry, you must first have solid skills and rich practical experience.

The requirements for developing aquaculture are relatively high. Not only must one be able to endure hardships, be hardworking, persevere, and withstand risk pressure, but one must also know a lot about aquatic knowledge so that even if a series of unusual problems arise when breeding aquatic creatures, they can be resolved in a timely manner to reduce unnecessary losses. At the same time, one must have a strong capital chain to maintain the daily expenses of the farm even in a bad market.

As long as the total population does not decline significantly, aquaculture will have a good future. Because people will become more aware of the advantages of aquatic animal protein. The rapid increase of aquatic products in inland areas is an example. As water pollution and water resources become more and more serious, the number of farms has been controlled, so the prospects for aquaculture are still good!