Too much shrimp, not enough demand: US shrimp farm pioneer frozen out by cheap imports

CP Foods eyes long-term growth in US demand for fresh seafood.

Indoor shrimp farmer Homegrown Shrimp, owned by Thai conglomerate CP Foods, has been forced to freeze or sell off much of its production since launching last year as a supplier of fresh shrimp to the Florida market. — Indoor shrimp farmer Homegrown Shrimp, owned by Thai conglomerate CP Foods, has been forced to freeze or sell off much of its production since launching last year as a supplier of fresh shrimp to the Florida market.Photo: Homegrown Shrimp USA Facebook page

Rachel Mutter

Published 5 February 2024, 06:02Updated 5 February 2024, 14:32

Indoor shrimp farming CP Foods Homegrown Shrimp Robins McIntosh United States