Seafood Industry Report​ – H1 2024

H1 2024 Trends

  • Seafood sector growth has been impacted by global protein consumption trends and consumer health concerns, including:
  • Climate change-driven warming of oceans has created demand for more environmentally-conscious and sustainably-caught/produced seafood products.
  • Data suggests consumers are becoming more health conscious, viewing seafood as a healthier alternative to other proteins.
  • Aquaculture growth has surged due to rising consumer demand for sustainably-sourced seafood and harvest limitations in wild-caught fisheries. Environmental concerns have prompted adoption of smart technology solutions for the sector.
  • Current trends indicate the importance of targeting health-conscious consumers, embracing sustainability, and implementing technological improvements.
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