Royal Caridea Revenue and Competitors

Royal Caridea (Royal) is a high-tech shrimp farming company focused on bringing to commercialization its transformative patent pending Integrated Multi-Phasic Production Technology (IMPT). Year-over-year, shrimp consumption is growing by about 20% fueled by a growing population of consumers, seeking high quality protein. Consumers “accept” frozen shrimp but are constantly in search of a locally grown fresh product because of illegal, unreported, and unregulated seafood entering the U.S. commerce that may or may not be contaminated with microbial pathogens. Wild fisheries nor current farming practices can meet demand for Fresh, Never Frozen or Live shrimp. A new approach to the shrimp farming industry is necessary and urgent! In the 1990s various research laboratories studied best practices for successful shrimp farming in the US. Their research concluded shrimp production methods needed to undergo a total transformation. Shrimp Production Industry Requirements for Success Year around production indoors Production level above 200 MT/ha/yr. Production of >20 gm shrimp Mortality of