Shrimp is considered a premium seafood used worldwide because of its delicious taste and high nutritional content. Unknown to many, however, the shrimp’s co-products (shrimp heads and shrimp shells) also contain an abundance of valuable nutrients which can be a potential and highly valuable source of raw materials if properly handled and processed.
SHRIMP CO-PRODUCTS CONTAINS VALUABLE NUTRIENTS WHICH CAN BE USED IN DIVERSE APPLICATIONS
PROTEIN
- Hight content of more than 17 different types of amino acids
- Significantly contains 9/9 essential amino acids which the body cannot synthesize within itself (His, Thr, Val, Lys, Iso, Leu, Phe, Met, Try)
MINERAL
- Many essential minerals (primarily Ca, P, Na, Mg, K)
- Supports cell function, metabolism, bones and teeth, cardiovascular, nerves,…
LIPID
- Essential nutrient for the structure & function of body
CHITIN
- A Biopolymer, primarily as a base to produce Glucosamine and Chitosan.
- Widespread applications in Agriculture, Industrial, Functional Food, Biomedical, Pharmaceutical, etc.
OTHERS
- ASTAXANTHIN: King of antioxidant, natural color, functional supplement specializing in supporting the nervous system, cardiovascular function…
ABUNDANT RAW MATERIALS SOURCE WITH HUGE DEVELOPMENT POTENTIAL
(whole shrimp)
(~35-45% whole shrimp weight)
CAGR (2010-2021)
Total volume (2023)
Estimated volume (2023)
World (1)
5.8%
/year
CAGR (Y20-Y25)
Expected output (2025)
Expected output (2025)
Vietnam (2,3)
8.4%
/year
858
thousand tons
> 300
thousand tons
SHRIMP INDUSTRY IN VIETNAM
- Given many favorable factors (suitable natural conditions, long-established farming practices, strong support from the Government, etc.), Vietnam has consistently been among the top 5 global largest shrimp exporting countries.
- However, the shrimp industry’s growth also dragged along large amount of co-product (~35-45% of the shrimp weight), causing environmental pressure and hindering the sustainable development of the whole value chain.
VNF’s SUPPLY STRATEGY
Recognizing the value of shrimp co-products, VNF entered the industry by first implementing a long-term purchasing strategy and improving collection methods to ensure the consistent, high quality of raw materials
SECURE STABLE INPUT
- Long-term contracts with leading shrimp processing companies in Viet Nam
- Continuously optimize raw materials transportation and collection methods at shrimp processors
IMPROVE INPUT QUALITY
- Invest in cold storage transport systems to guarantee quality upon receiving raw materials
- Revolutionize how shrimp co-products are treated (as an asset rather than liability)
RESULTS:
Abundant supply.
Quality assurance
Consistent and stable source of raw materials
High-quality of raw materials meets global food production standards