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NAICS Code 114112-03 Description (8-Digit)

Shrimp-Aquaculture is a subdivision of the Shellfish Fishing industry that involves the farming of shrimp in controlled aquatic environments. This industry is responsible for the production of a significant portion of the world's shrimp supply. Shrimp-Aquaculture involves the breeding, hatching, and rearing of shrimp in tanks or ponds until they reach maturity. The mature shrimp are then harvested and sold to various markets for consumption.

Hierarchy Navigation for NAICS Code 114112-03

Parent Code (less specific)

Tools

Tools commonly used in the Shrimp-Aquaculture industry for day-to-day tasks and operations.

  • Aerator
  • Water quality testing kit
  • Feeding machine
  • Net
  • Water pump
  • Water heater
  • Oxygen generator
  • PH meter
  • Salinity meter
  • Shrimp grader

Industry Examples of Shrimp-Aquaculture

Common products and services typical of NAICS Code 114112-03, illustrating the main business activities and contributions to the market.

  • Shrimp farming
  • Shrimp hatchery
  • Shrimp nursery
  • Shrimp processing
  • Shrimp feed production
  • Shrimp exportation
  • Shrimp importation
  • Shrimp wholesaling
  • Shrimp retailing
  • Shrimp restaurant

Certifications, Compliance and Licenses for NAICS Code 114112-03 - Shrimp-Aquaculture

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

  • Aquaculture Drug Approval: This certification is required for the use of drugs in aquaculture. The US Food and Drug Administration (FDA) provides this certification to ensure that the drugs used in aquaculture are safe for human consumption and do not harm the environment.
  • National Shellfish Sanitation Program (NSSP): This program is a cooperative program between the FDA and the Interstate Shellfish Sanitation Conference (ISSC) to ensure the safety of shellfish for human consumption. The NSSP provides guidelines for the harvesting, processing, and shipping of shellfish.
  • Best Aquaculture Practices (BAP): This certification is provided by the Global Aquaculture Alliance (GAA) to ensure that aquaculture products are produced in an environmentally and socially responsible manner. The BAP certification covers the entire aquaculture production chain, from hatcheries to processing plants.
  • Hazard Analysis and Critical Control Points (HACCP): This certification is required for all seafood processors in the US, including shrimp aquaculture. HACCP is a food safety management system that identifies and prevents hazards in the food production process.
  • Aquaculture Stewardship Council (ASC): This certification is provided by the ASC to ensure that aquaculture products are produced in a socially and environmentally responsible manner. The ASC certification covers the entire aquaculture production chain, from hatcheries to processing plants.

History

A concise historical narrative of NAICS Code 114112-03 covering global milestones and recent developments within the United States.

  • Shrimp-Aquaculture has been a significant industry worldwide for centuries. The Chinese were the first to farm shrimp in the 13th century, and by the 17th century, shrimp farming had spread to other parts of Asia. In the 20th century, shrimp farming became more widespread in Latin America, and by the 1980s, it had become a significant industry in the United States. In recent years, the industry has faced challenges such as disease outbreaks, environmental concerns, and competition from other countries. However, technological advancements in areas such as genetics, feed, and water management have helped the industry to overcome these challenges and continue to grow. In the United States, shrimp farming began in the 1970s, and by the 1980s, it had become a significant industry. In the early years, the industry faced challenges such as disease outbreaks and environmental concerns. However, technological advancements in areas such as genetics, feed, and water management have helped the industry to overcome these challenges and continue to grow. In recent years, the industry has faced competition from other countries, particularly in Asia and Latin America. Despite these challenges, the industry remains an important source of domestic shrimp production in the United States.

Future Outlook for Shrimp-Aquaculture

The anticipated future trajectory of the NAICS 114112-03 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

  • Growth Prediction: Stable

    The future outlook for the Shrimp-Aquaculture industry in the USA is positive. The industry is expected to grow due to the increasing demand for shrimp in the country. The rise in health consciousness among consumers has led to an increase in demand for seafood, including shrimp. Additionally, the industry is expected to benefit from technological advancements in shrimp farming, which will increase efficiency and reduce costs. However, the industry may face challenges such as disease outbreaks and environmental concerns. Overall, the industry is expected to continue growing in the coming years.

Industry Innovations for NAICS Code 114112-03

Recent groundbreaking advancements and milestones in the Shrimp-Aquaculture industry, reflecting notable innovations that have reshaped its landscape.

  • Genetic Selection: Shrimp-Aquaculture companies are using genetic selection to breed shrimp that are more resistant to diseases and have better growth rates.
  • Automated Feeding Systems: Companies are using automated feeding systems to reduce labor costs and improve efficiency.
  • Recirculating Aquaculture Systems: These systems allow for the reuse of water, which reduces water usage and waste.
  • Improved Water Quality Monitoring: Companies are using advanced sensors and monitoring systems to ensure optimal water quality for shrimp growth.
  • Alternative Feed Sources: Companies are exploring alternative feed sources such as algae and insect meal to reduce reliance on traditional feed sources.

NAICS Code 114112-03 - Shrimp-Aquaculture

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