Developing a bioeconomic framework for scallop culture optimization and product development
Aquaculture is the fastest growing food production sector in the world and is quickly diversifying. In the Northwest Atlantic, interest in sea scallop ( Placopecten magellanicus ) (hereafter scallop) aquaculture has grown substantially. However, technical and economic challenges have hindered indust...
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2021
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ftdatacite:10.6084/m9.figshare.17059798 2023-05-15T17:45:31+02:00 Developing a bioeconomic framework for scallop culture optimization and product development Coleman, Struan Morse, Dana Brayden, W. Christian Brady, Damian C. 2021 https://dx.doi.org/10.6084/m9.figshare.17059798 https://tandf.figshare.com/articles/journal_contribution/Developing_a_bioeconomic_framework_for_scallop_culture_optimization_and_product_development/17059798 unknown Taylor & Francis https://dx.doi.org/10.1080/13657305.2021.2000517 Creative Commons Attribution 4.0 International https://creativecommons.org/licenses/by/4.0/legalcode cc-by-4.0 CC-BY Molecular Biology Ecology FOS Biological sciences Developmental Biology Marine Biology Inorganic Chemistry FOS Chemical sciences Science Policy Journal contribution article-journal Text ScholarlyArticle 2021 ftdatacite https://doi.org/10.6084/m9.figshare.17059798 https://doi.org/10.1080/13657305.2021.2000517 2022-02-08T14:04:19Z Aquaculture is the fastest growing food production sector in the world and is quickly diversifying. In the Northwest Atlantic, interest in sea scallop ( Placopecten magellanicus ) (hereafter scallop) aquaculture has grown substantially. However, technical and economic challenges have hindered industry growth. We conducted bioeconomic simulations for various sized farms that targeted either live “whole” scallops or the shucked adductor muscle “meat.” The majority of farms selling whole scallops were profitable. However, all farms selling meats generated negative returns. Labor made up the greatest portion of costs in model simulations and increased linearly with farm size, representing a significant bottleneck. Whole scallop farm value was most sensitive to changes in (1) market price and (2) time to market. Our analysis suggests four strategies to increase farmed scallop production in the Northwest Atlantic: (1) mechanize low density net culture, (2) optimize net stocking densities, (3) build site selection tools, and (4) invest in consumer education, end-markets, and biotoxin testing for whole scallops. The sector will require a combination of regulatory, industry, and research cooperation to overcome these pressing challenges, but holds the potential to profitably diversify the bivalve aquaculture industry. Other Non-Article Part of Journal/Newspaper Northwest Atlantic DataCite Metadata Store (German National Library of Science and Technology) |
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DataCite Metadata Store (German National Library of Science and Technology) |
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topic |
Molecular Biology Ecology FOS Biological sciences Developmental Biology Marine Biology Inorganic Chemistry FOS Chemical sciences Science Policy |
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Molecular Biology Ecology FOS Biological sciences Developmental Biology Marine Biology Inorganic Chemistry FOS Chemical sciences Science Policy Coleman, Struan Morse, Dana Brayden, W. Christian Brady, Damian C. Developing a bioeconomic framework for scallop culture optimization and product development |
topic_facet |
Molecular Biology Ecology FOS Biological sciences Developmental Biology Marine Biology Inorganic Chemistry FOS Chemical sciences Science Policy |
description |
Aquaculture is the fastest growing food production sector in the world and is quickly diversifying. In the Northwest Atlantic, interest in sea scallop ( Placopecten magellanicus ) (hereafter scallop) aquaculture has grown substantially. However, technical and economic challenges have hindered industry growth. We conducted bioeconomic simulations for various sized farms that targeted either live “whole” scallops or the shucked adductor muscle “meat.” The majority of farms selling whole scallops were profitable. However, all farms selling meats generated negative returns. Labor made up the greatest portion of costs in model simulations and increased linearly with farm size, representing a significant bottleneck. Whole scallop farm value was most sensitive to changes in (1) market price and (2) time to market. Our analysis suggests four strategies to increase farmed scallop production in the Northwest Atlantic: (1) mechanize low density net culture, (2) optimize net stocking densities, (3) build site selection tools, and (4) invest in consumer education, end-markets, and biotoxin testing for whole scallops. The sector will require a combination of regulatory, industry, and research cooperation to overcome these pressing challenges, but holds the potential to profitably diversify the bivalve aquaculture industry. |
format |
Other Non-Article Part of Journal/Newspaper |
author |
Coleman, Struan Morse, Dana Brayden, W. Christian Brady, Damian C. |
author_facet |
Coleman, Struan Morse, Dana Brayden, W. Christian Brady, Damian C. |
author_sort |
Coleman, Struan |
title |
Developing a bioeconomic framework for scallop culture optimization and product development |
title_short |
Developing a bioeconomic framework for scallop culture optimization and product development |
title_full |
Developing a bioeconomic framework for scallop culture optimization and product development |
title_fullStr |
Developing a bioeconomic framework for scallop culture optimization and product development |
title_full_unstemmed |
Developing a bioeconomic framework for scallop culture optimization and product development |
title_sort |
developing a bioeconomic framework for scallop culture optimization and product development |
publisher |
Taylor & Francis |
publishDate |
2021 |
url |
https://dx.doi.org/10.6084/m9.figshare.17059798 https://tandf.figshare.com/articles/journal_contribution/Developing_a_bioeconomic_framework_for_scallop_culture_optimization_and_product_development/17059798 |
genre |
Northwest Atlantic |
genre_facet |
Northwest Atlantic |
op_relation |
https://dx.doi.org/10.1080/13657305.2021.2000517 |
op_rights |
Creative Commons Attribution 4.0 International https://creativecommons.org/licenses/by/4.0/legalcode cc-by-4.0 |
op_rightsnorm |
CC-BY |
op_doi |
https://doi.org/10.6084/m9.figshare.17059798 https://doi.org/10.1080/13657305.2021.2000517 |
_version_ |
1766148607175557120 |