The Global Seafood Industry Overview
The global seafood industry is a multi-billion dollar market that continues to experience steady growth year after year. According to a report by Market Research Future, the global seafood market is expected to reach a value of $155.32 billion by 2024, with a CAGR of 3.2% during the forecast period.
Seafood is a popular food choice for consumers around the world due to its health benefits and delicious taste. The increasing awareness about the health benefits of seafood, such as being rich in omega-3 fatty acids, proteins, and vitamins, has contributed to the growing demand for seafood products.
Factors Driving Growth in the Seafood Industry
There are several factors driving the growth of the seafood industry, including:
1. Health Conscious Consumers: With the increasing focus on health and wellness, consumers are turning to seafood as a healthier protein option compared to red meat.
2. Globalization of Trade: The globalization of trade has made it easier for seafood producers to reach a wider market, leading to increased consumption of seafood products.
3. Sustainable Practices: Consumers are becoming more conscious of sustainable fishing practices and are willing to pay a premium for seafood products that are sourced sustainably.
4. Innovation in Seafood Products: The introduction of innovative seafood products, such as ready-to-eat meals and convenient packaging, has attracted a new segment of consumers.
Top 10 Fastest Growing Seafood Brands in 2025
1. AquaBounty Technologies
AquaBounty Technologies is a biotechnology company that focuses on developing genetically modified aquaculture products. The company’s flagship product is the AquAdvantage Salmon, which is the first genetically modified animal approved for human consumption. AquaBounty Technologies has seen significant growth in recent years due to the increasing demand for sustainable seafood products.
2. Blue Circle Foods
Blue Circle Foods is a sustainable seafood company that offers a variety of organic and responsibly sourced seafood products. The company’s commitment to sustainability and traceability has resonated with consumers, leading to a steady increase in market share.
3. Clearwater Seafoods
Clearwater Seafoods is a seafood company based in Canada that specializes in wild-caught seafood products. The company has a strong presence in the North American market and has been expanding its reach internationally. Clearwater Seafoods’ focus on quality and sustainability has helped drive its growth in recent years.
4. Cooke Aquaculture
Cooke Aquaculture is a leading seafood producer based in Canada that specializes in farmed seafood products. The company has a diverse portfolio of products, including salmon, shrimp, and scallops. Cooke Aquaculture’s focus on innovation and sustainability has helped it become one of the fastest-growing seafood brands in the industry.
5. High Liner Foods
High Liner Foods is a seafood company based in Canada that offers a wide range of frozen seafood products. The company has a strong presence in the retail and foodservice sectors and has been expanding its reach in international markets. High Liner Foods’ focus on product innovation and consumer convenience has helped drive its growth in recent years.
6. Mowi ASA
Mowi ASA is a Norwegian seafood company that is one of the largest producers of farmed salmon in the world. The company has a global presence and offers a wide range of seafood products, including salmon, trout, and shrimp. Mowi ASA’s focus on sustainability and quality has helped it become a top player in the seafood industry.
7. Thai Union Group
Thai Union Group is a seafood company based in Thailand that is one of the largest seafood producers in the world. The company offers a diverse range of seafood products, including canned tuna, shrimp, and sardines. Thai Union Group’s focus on innovation and sustainability has helped drive its growth in recent years.
8. Trident Seafoods
Trident Seafoods is a seafood company based in the United States that specializes in wild-caught seafood products. The company has a strong presence in the North American market and offers a wide range of products, including salmon, crab, and pollock. Trident Seafoods’ commitment to quality and sustainability has helped it become a top player in the seafood industry.
9. Cermaq
Cermaq is a Norwegian seafood company that specializes in farmed salmon products. The company has a global presence and is known for its commitment to sustainability and responsible aquaculture practices. Cermaq’s focus on quality and innovation has helped it become one of the fastest-growing seafood brands in the industry.
10. Maruha Nichiro Corporation
Maruha Nichiro Corporation is a Japanese seafood company that is one of the largest seafood producers in the world. The company offers a wide range of seafood products, including salmon, tuna, and shrimp. Maruha Nichiro Corporation’s focus on quality and safety has helped it become a top player in the global seafood market.
In conclusion, the seafood industry is experiencing steady growth, driven by factors such as health-conscious consumers, globalization of trade, sustainable practices, and innovation in seafood products. The top 10 fastest-growing seafood brands in 2025 are leading the way in the industry with their focus on quality, sustainability, and innovation. These brands are set to continue their growth and success in the years to come.