Aquaculture, or fish farming, is one of Jamaica’s fastest-growing agricultural sectors, with increasing demand for seafood both domestically and abroad. Regions like St. Catherine, Clarendon, St. Elizabeth, and Westmoreland provide ideal environments for aquaculture production, particularly for species like tilapia and freshwater shrimp.
Key business opportunities in aquaculture include:
Commercial Fish Farming: With Jamaica’s domestic fish production unable to meet local demand, there is an immense opportunity for commercial-scale fish farming ventures. Tilapia and shrimp farming are highly profitable due to their fast-growing cycles and the increasing demand from both the hospitality and retail sectors.
Sustainable Aquaculture Practices: As sustainability becomes a top priority for governments and consumers worldwide, investment in sustainable and environmentally friendly fish farming technologies will be highly attractive. Implementing eco-friendly practices such as integrated aquaculture systems, water recycling, and organic fish feed can give businesses a competitive edge in both local and international markets.
Value-Added Products: There is also room for investment in the processing of aquaculture products into value-added items like fish fillets, smoked fish, and frozen seafood meals, which have a high demand both domestically and for export.
Aquaculture offers significant growth potential with high consumer demand and government support. Investors can contribute to food security while capitalizing on a growing sector by investing in sustainable fish farming, processing, and distribution.
Join the Jamaica Agri-Business Investment Forum to explore aquaculture’s investment potential and to connect with industry leaders and experts in the field.
