Seafood Processing Industry
Insights from D&B Hoovers

Industry Analysis


Companies in this industry clean and pack fresh seafood; can, freeze, and dry seafood; and process fish fats and oils. Major companies include Ocean Beauty Seafoods and Trident Seafoods (both headquartered in the US), as well as Dongwon Industries (South Korea), High Liner Foods (Canada), Icelandic Group (Iceland), Marine Harvest (Norway), Maruha Nichiro Holdings (Japan), Nippon Suisan Kaisha (Japan), Pescanova (Spain), and Thai Union (Thailand).

Competitive Landscape

Demand is driven by trends in fish consumption. The profitability of individual companies depends on operational efficiencies. Large companies often enjoy the advantages of vertical integration and have economies of scale in purchasing and marketing. Small companies can compete effectively by specializing in niche markets. The US industry is concentrated: the 50 largest companies account for about 75% of revenue.

Products, Operations & Technology

Major products include fresh and frozen seafood (about 80% of US revenue), and canned and cured seafood (about 15%). Other products include fish meal and fish oil, as well as inedible byproducts used for bait and animal food.

Geographic Segmentation

See where the Seafood Processing industry is concentrated geographically and research companies by financials and key corporate data.
Seafood Processing Companies in this Country/Region:
Top Seafood Processing Companies:
4183.246383M | Thailand
4044.1M | United States
2478.485M | United States
1459.741346M | Republic Of Korea
1022.214M | Indonesia
968.138993M | Poland
942.224M | Canada
788.68458M | Greenland
721.18459M | Philippines
720.963462M | Japan
691.35499M | Thailand
666.501738M | Republic Of Korea
600.493516M | Republic Of Korea
574.692692M | United States
572.427851M | Spain
564.007757M | Thailand

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