South Korea becomes world's third largest oyster farming country

Published Jan 21, 2025

Tridge summary

South Korea's Ministry of Oceans and Fisheries has set a goal to increase the country's annual oyster production to 400,000 tons by 2030, up from 300,000 tons in 2023, and double oyster exports from $80 million in 2023 to $160 million. To reach this target, the Ministry plans to improve production facilities, promote technological innovation, expand domestic market demand, diversify export markets, especially in Europe, and increase the production of whole oysters from 1% to 30% by 2030. The Ministry will also focus on enhancing the hygiene and safety of oyster farming to meet international food safety standards.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

According to the Ministry of Oceans and Fisheries, by 2030, Korea's annual oyster production will increase from 300,000 tons in 2023 to 400,000 tons, an increase of 100,000 tons; at the same time, oyster exports will double from 80 million US dollars in 2023 to 160 million US dollars. To achieve this goal, South Korea has proposed three key strategies. First, the Ministry of Oceans and Fisheries plans to increase oyster production capacity by improving production facilities and promoting technological innovation. This includes building an oyster breeding complex and building about 400 farms in major oyster production areas to improve production efficiency. In addition, seed breeding farms and processing plants will be built to provide more complete production infrastructure to ensure the quality and output of oysters. Second, the Ministry of Oceans and Fisheries will focus on expanding domestic market demand and diversifying export markets. In order to promote domestic oyster ...

Source: Foodmate