The Indonesian Ministry of Marine Affairs and Fisheries (KKP) is looking to collaborate with universities to boost the productive and environmentally friendly aquaculture sub-sectors, focusing on high-potential commodities like shrimp, crab, lobster, tilapia, and seaweed. These commodities hold substantial market potential, with the global shrimp market projected to reach USD 123.8 billion in the next decade and the seaweed market anticipated to grow to USD 19.66 billion by 2033. While the market value for tilapia is estimated at USD 13.9 billion this year, it is expected to increase to USD 21.6 billion over the next ten years. Additionally, the crab market is projected to reach USD 1.5161 billion in 2033, and the lobster market is predicted to be worth USD 7.2 billion by the end of the year.
Despite these opportunities, the aquaculture sector faces challenges, including the need for innovative technologies to create alternative feed sources, particularly replacing fishmeal with locally sourced materials. Additionally, addressing climate change's impact on aquaculture through mitigation studies is crucial. To tackle these challenges and make the most of the potential, KKP is inviting universities to collaborate in finding innovative solutions. Universities can leverage their fisheries graduates' technical expertise, high-order thinking skills, and problem-solving abilities to contribute to breeding programs, biotechnology, and cluster systems based on region-specific flagship commodities, ultimately strengthening Indonesia's aquaculture sector.
