A strong will to increase its export market base and achieve the coveted international Aquaculture Stewardship Council (ASC) certification led to the formation of the Belize Shrimp cluster and it is now reaping the benefits of accomplishing both goals.
Challenged by an unforeseen viral disease which severely impacted the Belize shrimp industry, the cluster still managed to successfully supply UK based multinational retailer Marks and Spencer and the second largest supermarket chain in the UK, Sainbury's with 1.1 million pounds of shrimp in 2015.
Under the Sainsbury agreement, the shrimp is repackaged under Sainsbury's premium brand and sold exclusively as the chain has agreed not to source shrimp from any other supplier under its brand. This has resulted in a higher than projected price premium for exports to these markets. Read Their Journey
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