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Overview of seafood industry
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OVERVIEW OF THE SEAFOOD INDUSTRY ON THE GULF COAST
INTRODUCTION
Fishing and harvesting of seafood have been a part of our society, and over the last few decades, it has skyrocketed in sales throughout the United States. In fact, in 2006 there were about 30 million people in the United States alone that engaged in recreational fishing. Seafood harvesting includes locally caught, imported, aquaculture knew more commonly as farm raised. In 2013, the amount of fish and shellfish harvested from the wild was about eight times greater than the amount of seafood produced by the domestic aquaculture farms. In 1977, my father invested in the seafood market and bought in on a company with two other investors. After a few years, he soon became the
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While the price between the two isn’t much different but yet the price is set by the market and by the size of the product. The company has seafood priced by the pound and consumers are allowed to purchase whatever they desire, even if they are just looking for a handful of shrimp or one fillet of fish that is offered. The option to buy both has changed the way the company buys its seafood that it provides to the customers. During winter months, the seafood industry for local fisherman is slow, so therefore the purchases of farm-raised or imported seafood are higher during those …show more content…
On the Texas coastline in 2014 alone brought in 74.7 million pounds of seafood, which is valued at more than $262.6 million. Locally harvested seafood will still be available for consumers who purchase from PJ’s Shrimp Co. for many years to come but importing more or having seafood farm-raised might help take some pressure off of our oceans and bays and allow them to reproduce and replenish the waters. However, the market price for seafood will remain high until the waters are
Brian, a young business executive, started a small software company in his mid twenties. He would invest long hours developing his business, often working late into the nights. When the business became profitable, Brian incorporated and went public through a stock offering. Flood gates open and money poured in the company coffers and Brian grew exceedingly wealthy.
Blue crabs have the highest value of any Chesapeake Bay commercial fishery; in 2000, the blue crab harvest was valued at a staggering $55 million (Blue Crabs – Chesapeake Bay Program). For Maryland locals, the importance of crabs during the summer months is bigger than any other issues; summer days are spent at picnic tables picking away at the hard shells of the steamed morsels. During these months, commercial fisherman are up before the sun rises, riding along checking their lines and baskets in the bay in hopes of a good yield of the crustaceans to bring back to sell later that day. In fact, an estimated one third of the nation’s catch of blue crabs come directly from Maryland’s own Chesapeake Bay (Blue Crabs – Chesapeake Bay Program).Therefore, sustaining the population of crabs is essential in the success of the businesses that rely on the income from selling them, and also to the people who consume the crabs frequently. At the same time, the constant pressure on harvesting the crabs for income has created an issue. Since the early 90’s, yield of crabs has decreased, resulting in an increase of efforts to meet the demands of the business of co...
While watching this video, I kept saying to myself “something needs to be done.” Not only is the price of seafood going to increase, but people are being put out of jobs. The Crabber mentioned how much change he has noticed in a span of over 30 years. I wonder what could happen in another 30 years if regulations are not put in place to help the bays rebirth.
Not all fish caught are utilized as food for humans. Popular supplements such as Omega-3 are derived from commercially caught fish. In addition to that daily usage products like fertilizers, cosmetic ingredients, vitamins, gelatins and even pigments can all be prepared from by products of fish that has been commercially caught.
Salmon Farming If you recently ordered salmon off the menu of your favorite restaurant, or purchased it from your local grocery store, chances are it was farmed. According to “Salmon of the Americas, an organization of salmon-producing companies in Canada, Chile and the United States, 70 percent of the salmon produced in British Columbia and Washington comes from salmon farms. If it weren’t for these farms, we would not have the luxury and abundance of this delicious and healthy food available to us year round. Salmon farming represents one very important way to feed the world and people want to eat more salmon and seafood- more than can be caught.
Oysters in the Chesapeake Bay are struggling right now. “Maryland, Virginia, and their federal partners are faced with a historic opportunity. An exhaustive five-year study concluded that importing a foreign oyster is the wrong approach and that restoration of the native oyster should be scaled up and focused.”(cbf 2010). With new plans President Obama put in place, the oyster restoration program is on the right path. “President Barack Obama issued an Executive Order for the Chesapeake Bay in 2009, and in response the federal government set a goal of rebuilding functioning networks of oyster reefs in 20 tributaries by 2025.”(cbf 2010). This type of forward thinking is going to increase the Chesapeake Bay's oyster population.
To fish or not to fish is a personal choice. The fact that the oceans are being overfished is a growing concern for individuals, organizations, and governments throughout the world. In this paper I want to discuss the effects of overfishing on the restaurant industry, and possible solutions to solve the problem. Fishing is an ongoing source of food for people around the world. In many countries it is a food staple in their everyday diet. In more modern societies eating fish has become a sensual experience, and not just for the wealthy. It hasn't been until population explosions in the last century that the demand for seafood has led to more effective fishing techniques and technologies. Now the demand for popular fish like the salmon, tuna, sea bass, cod and hoki, which is the key fish in McDonalds filet o' fish, is diving wild populations to dangerously low levels. The methods used to catch the amount of fish demanded by the industry do not leave sustainable populations in the wild. In an attempt to preserve the fish population, governments have set limits on the minimum size that may be harvested and how many of each may be taken. Boundaries have been set up saying which areas can be fished and which ones should be left alone. A number of smaller fisheries have gone out of business because of the limits imposed by the government. This leads to even less fish being harvested and brought to market. Therefore the amount and varieties of fish at markets are smaller and can cause shortages for wholesalers and restaurants. Some restaurants will no longer have the variety on their menus that they used to enjoy. If a restaurant thrives on its seafood menu they may be unable to cope with the shortages and will go out of business. In the ...
Overfishing is a harmful practice, that will eventually lead to the collapse of aquatic ecosystems, if it’s not dealt with promptly. Overfishing emerges from the combination of our over consumptive society mixed with the great profits that come from hauling in a good catch. The consumers demand for fish in Japan seems to be at an increasingly high rate due to the enjoyment and cultural values that arise from sushi and other traditional dishes involving seafood. Approximately 23 percent of Japan’s protein intake comes from the ocean, and as a nation consumes 7.5 million tonnes of seafood annually. CITATION
The decline in aquatic life is harmful to American fisheries. For instance about 40% of the fishing industry in the United States is based in the Gulf of Mexico, and the majority is in shrimping (“Dead Zones”). However, the hypoxic zones “...reduced economic productivity in both commercial and recreational fisheries, and both direct and indirect impact on fisheries such as direct mortality and altered migration patterns that may lead to declines in populations.” (“Dead Zones”) Therefore, the American economy will be taking a decreasing hit along with the fish populations in the Gulf.
However, the Boiling Crab has already penetrated the market in California with the proper level of price. The restaurant business cannot charge the price far more different than the others because in the same level of restaurant, the clients will focus on the range of price before choosing it. Moreover, the Boiling Crab is the seafood, so the market price of seafood, such as shrimp, lobster, crab is very fluctuate depended on how difficult to find each item at that time. As you can see from the Boiling Crab menu, these items will be charged according to the market price at that time. Referring to the appendix 1, I compare price of food from many restaurants with the same kind of food, but it turns out that the level of price is pretty much the same between the Boiling Crab and the Kickin’crab.
In 2012, environmental protection and conservation agency sued the Farms for causing pollution to the Chesapeake Bay via releasing as well as disposing of its industrial and processing wastes in the waters (Kaye, 2012). The Perdue Farms had been accused of violating the Clean Water Act through not being in any position to control and manage its wastes in an appropriate way (DUHIGG, 2009). The Chesapeake Bay is one of the nation's natural estuaries which has an economic significance of three states. The Farm has been enjoying the flourishing profitability of the region being the single processor and producer of processed chicken as well as turkey together with pork meat at the expense of the Bay's functions which corrodes and wastes because of disposal of nitrates as well as phosphorous together with other minerals. This is very unethical in part of the management of the Perdue Farms because any company is supposed to take care of the environment where it operates and gains its profitability
Commercial, or industrial, fisheries handle the catching, processing, and selling of wild fish. Aquaculture, or fish farming, is the controlled cultivation of certain marine plants and animals such as fish and seaweed. These two industries are relevant to the environment because both impact our oceans immensely. They can cause fish populations to severely decline or pollute our oceans. This begs the question, should we continue to support commercial fishing or move more towards aquaculture?
According to FAO (2008), the world fisheries production by capture and aquaculture has reached 142 million metric tons which this number shows the increasing of about 26 million metric tons from the fish production in 2007. FAO reported that the scale of fish capturing has reached the maximum level and it was counted that about 77% of the fishing region in the world has now classified as fully exploited. As this scenario might cause the decreasing of new fish sources, the fishing industry will face some problems to fulfill the demand of this protein source around the world (Meryl 2007). As a result, the fisheries industry has now actively develop the aquaculture industry to make sure that the production of this protein source will meet the world demand. In contrast to the production rate in 1970 that recorded about 15.5% of fish production, the percentage is now increasing to 32.4% in 2004 and 36.93% in 2008. This show the encouraging of increasing through the year with average 7.1% per year thus show a good potential to be expanded around the world including Malaysia.
Sustainable seafood symbolises a healthy relationship with our oceans that can sustain forever. Sustainable seafood is seafood that is either caught or farmed in ways that consider the long-term vitality of harvested species and the welfare of the oceans, as well as the livelihoods of fisheries-dependent societies. Global fish populations are rapidly being depleted due to demand, loss of habitat, and unsustainable fishing practices. When shopping or dining out, help decrease the demand for overexploited species by choosing seafood that is both healthy and sustainable.
United Nations State of the World’s Fisheries report indicated that “52 percent of the oceans' wild fish stocks are fully exploited.[3]. In response to the decline of wild fisheries, many of the countries have put their effort to aquaculture. Aquaculture is the farming of aquatic plants and animals. FAO placed the global Aquaculture at 60 million tonnes in 2010,[1], which is about 41.2 % of the total fish production in the World. European Union (EU) countries contribute to 4% of the world aquaculture production. The value of EU aquaculture production was € 3.1 billion for 1.26 million tonnes of production in 2010[4]. Available data show a growing gap – estimated at 8 million tonnes – between the level of consumption of seafood in the EU and the volume of captures from fisheries. Thus the European Union is giving a priority to expansion of Aquaculture in its Members countries. Because of the many issues involved aquaculture, there is a deliberate measure by the EU to keep up policies which will ensure that the expansion of aquaculture is in done in an environmentally, socially and economically sustainable way by member countries. Here I discuss the general concepts of aquaculture and the significance of the EU aquaculture policies under the EU Union common fisheries policy (CFP) for the growth of aquaculture in the region. I also compare these policies with other ma...