The business of marine products is an economic sector related to the utilization and marketing of various types of products originating from the sea and waters. This business involves various stages, starting from the capture or cultivation, processing, marketing, and distribution of these products.
In addition to businesses originating from the sea and waters, the marine products business also includes the raw material industry, where ingredients from marine products are used as components in various industries such as food, pharmaceuticals, cosmetics and nutraceuticals. An example is the use of collagen from fish in skin care products or the extraction of fish oil for health supplements.
The entire value chain of the marine business contributes significantly to the economy and employment in many countries. This sector is also considered very important for meeting the food and nutrition needs of the community, as well as being a sustainable resource if managed wisely.
Quoting from eFishery, the fisheries sector is a promising marine product business opportunity. Based on data from a 2011 report from the Ministry of Maritime Affairs and Fisheries of the Republic of Indonesia, fish consumption in Indonesia only reached 31.5 kg/capita. This amount is very different from Malaysia which reaches 55.4 kg/capita annually. Keep in mind, Indonesia is a country with abundant fishery resources, as well as the potential for cultivation land.
Then in 2021, there will be a significant increase in fish consumption by 69.17%. Currently, the fish consumption rate is 55.37 kg/capita. This figure increased by 1.48% when compared to the fish consumption rate in 2020 which was only 54.56%. In the long term ahead, the government has targeted a fish consumption rate of 62.5 kg/capita in 2024, and of course increasing opportunities to do business from marine products.
Launching from Bisnisindonesia.id, Indonesia, which is located in a large archipelago and seacoast country, has the potential to become a source of sustainable economic development. Here are the four most profitable marine aquaculture commodities at the moment;
1. Seaweed
Seaweed is one of the best-selling marine cultivation commodities in Indonesia. There are various types of seaweed that are currently being cultivated, such as Eucheuma Sp, Eucheuma Cottonii, Padina Sp, Acantophora Spicifera, and many more. Seaweed is usually ordered for food production needs such as jelly or cosmetics. The market is not only in Indonesia, but also abroad.
2. Red Snapper Fish
This is a type of fish that is more popular with the name red snapper, this type of fish is in great demand by various markets. Cultivating it is also not difficult, the habitat is suitable for living in the Indonesian seas so that these fish can develop properly according to the sea temperature.
3. Lobsters
Lobster always has a high selling value in the market. Therefore, this business has great potential if done with focus. This is because lobsters have processes that need to be paid attention to when cultivating them. Starting from the selection of food, seed selection, and where to store it must be considered properly.
4.South Sea Pearls
This south sea pearl is produced by the Pinctada Maxima pearl mussel. This pearl clam is the largest and can only be found in the waters of the South China Sea region, such as in eastern Indonesia, Myanmar and Australia. Because it is so rare, the price of one pearl can be high in the market.
Reference
eFishery. 2022. 7 Promising Business Ideas in the Fisheries Sector. Viewed 8 June 2023.
<https://efishery.com/en/usaha-yang-menjanjikan/#Prospek_Bisnis_di_Industri_Perikanan>
Fatkhul Maskur. Indonesian Business. 2021. Tantalizing Business Opportunities for Five Marine Cultivation Commodities. Viewed 8 June 2023.
<https://bisnisindonesia.id/article/peluang-usaha-menggiurkan-lima-komoditas-budidaya-laut>
Fyra Fatima. 2015. 3 SIDE OF SUSI: Crazy Stories of Intelligence, Success, & Courage of Susi Pudjiastuti. Jakarta: Visimedia Publisher.
