The Global Seafood Industry Overview
The global seafood industry is a significant sector that plays a crucial role in the world economy. According to a report by the Food and Agriculture Organization (FAO) of the United Nations, the global seafood production reached 179 million tonnes in 2018, with a total value of $401 billion. Europe is one of the leading regions in terms of seafood consumption and production.
Top 10 Leading Seafood Brands in Europe
1. Mowi
Mowi is one of the largest seafood companies in Europe, with a focus on salmon farming. The company has operations in several European countries, including Norway, Scotland, and Ireland. In 2019, Mowi reported a revenue of €4.1 billion and a production volume of 440,000 tonnes.
2. Marine Harvest
Marine Harvest is another major player in the European seafood industry, specializing in salmon farming. The company operates in several countries, including Norway, Scotland, and Canada. In 2018, Marine Harvest reported a revenue of €3.6 billion and a production volume of 420,000 tonnes.
3. Norwegian Seafood Council
The Norwegian Seafood Council is a marketing organization that promotes Norwegian seafood products internationally. Norway is one of the largest exporters of seafood in the world, with a focus on salmon, cod, and herring. In 2019, Norway exported seafood worth NOK 107.3 billion.
4. Lerøy Seafood Group
Lerøy Seafood Group is a leading seafood company in Norway, with operations in salmon farming, whitefish processing, and distribution. In 2018, Lerøy reported a revenue of NOK 19.5 billion and a production volume of 198,000 tonnes.
5. Thai Union Group
Thai Union Group is a global seafood company with operations in Europe, Asia, and North America. The company is known for its tuna, shrimp, and seafood products. In 2018, Thai Union reported a revenue of THB 133 billion and a production volume of 700,000 tonnes.
6. Royal Greenland
Royal Greenland is a seafood company based in Greenland, with a focus on cold-water shrimp, cod, and halibut. The company exports its products to Europe, Asia, and North America. In 2019, Royal Greenland reported a revenue of DKK 6.3 billion.
7. Young’s Seafood
Young’s Seafood is a leading seafood brand in the UK, known for its fish and seafood products. The company has a strong presence in retail and foodservice markets. In 2018, Young’s Seafood reported a revenue of £545 million.
8. Icelandic Group
Icelandic Group is a seafood company based in Iceland, with operations in whitefish processing and distribution. The company exports its products to Europe, North America, and Asia. In 2018, Icelandic Group reported a revenue of ISK 63 billion.
9. Grupo Nueva Pescanova
Grupo Nueva Pescanova is a Spanish seafood company with a focus on shrimp, squid, and fish products. The company has operations in Europe, Latin America, and Africa. In 2019, Grupo Nueva Pescanova reported a revenue of €1.2 billion.
10. Findus Group
Findus Group is a leading frozen food company in Europe, known for its frozen seafood products. The company operates in several European countries, including the UK, France, and Italy. In 2018, Findus Group reported a revenue of €1.1 billion.
Conclusion
The European seafood industry is a dynamic and competitive sector, with several leading brands dominating the market. These top 10 seafood brands play a significant role in shaping the industry and meeting the growing demand for seafood products in Europe and beyond. With a focus on sustainability, quality, and innovation, these companies are likely to continue to thrive in the ever-evolving seafood market.
Related Analysis: View Previous Industry Report
