Gorjan Nikolik, chief seafood analyst at Rabobank, predicts that global black tiger shrimp production will increase by 7% year on year and reach 600,000 tons by 2024. China and Vietnam are the largest black tiger shrimp farmers, with output of 150,000 tons each, and China's total output of black tiger and Vannamei shrimp is expected to exceed 1 million tons this year. India's black tiger shrimp production is growing rapidly and is considered a key export product by some Indian exporters like Abad Overseas. Bangladesh is also a significant producer, with black tiger shrimp production expected to reach 160,000 tons by 2024, while the vannamei shrimp farming industry in the country is just starting and is expected to increase output to 30,000 tons in the next three years.