Can tilapia become the main fish animal protein to feed billions in global scenarios amid crisis: trade perspectives

Title : Can tilapia become the main fish animal protein to feed billions in global scenarios amid crisis: trade perspectives

Abstract:

Tilapia is among one of the popular seafood trade commodities in the world. It is also named as “Aquatic Chicken” and it has a power to satisfy the taste buds of the consumers in various ways. In comparison with Salmon & Shrimp, its quite much affordable to the consumer if thought on cost perspectives whereas nutrient wise, it is one of the better seafood to consume with high level of protein in it. Last few years especially 2019, World saw the Covid-19 impacts on every sector and Russia-Ukraine war in 2022 has reduced the global economy rate at certain extent in the then prevailing slow situations. In a time of difficulties, recession phase or in a global economic slowdown, consumers usually tend to shift their food choices towards the low budget foods without compromising the nutritional intakes. Tilapia among the available global seafood choices seems to be one of the most potential candidate fish products which is affordable, tasty, nutritious & most important - strong alternate to the high-cost food products in high economic crisis scenario. The present situation demands such food and one should not surprise if tremendous growth in sales of this fish product can be seen in next couple of years. It shall be worthy to monitor how the trade of this fish may support feeding billions of people in a world in coming time.

What will audience learn from your presentation?

• Present situation of global seafood trade
• What is the importance of tilapia in global seafood trade
  How the tilapia trade can support feeding billions for next few years in crisis situation.

Biography:

Mr Amod Ashok Salgaonkar is a diversified industry professional wearing multiple hats in his professional endeavor. He is having a mix bag of various experiences right from buying & merchandising, strategy & negotiations, marketing, planning & development of the businesses in different verticals of food & especially seafood business which involves modern trade, cash & carry, HoReCa, general trade & online segment. He views the industry by being involving directly through engagements in trade aspects & promotions, sustainability, climate change impacts etc. He is a seasoned management professional worked previously with a reputed organizations like Reliance Retail, Bharti-Walmart, METRO Cash & Carry India, HyperCITY Retail where he headed categories like seafood, meat, dairy & frozen. Core strength lies in bringing effective solutions to business challenges & building differentiation for strategic advantages for the business. He is presently involved in food business with a focus on seafood through a start-up besides having engagements at various national & international organizations.