Photo: Stockfile/FIS
We asked ChatGPT which are the 10 largest global companies in the seafood business? This was the answer:
WORLDWIDE
Saturday, September 14, 2024, 15:00 (GMT + 9)
ChatGPT said:
The global seafood industry is vast, and many companies operate across various sectors, including fishing, aquaculture, processing, and distribution. Here are ten of the largest global companies in the seafood business, based on revenue, market presence, and influence:
1. Maruha Nichiro Corporation (Japan)
Revenue: Over $7 billion (approx.)
Business Focus: Maruha Nichiro is one of the world’s largest seafood companies, involved in fishing, aquaculture, and processing. It supplies a wide range of seafood products, from tuna and shrimp to surimi.
Market Presence: Global, with operations in Japan, North America, Europe, and Asia.
2. Nippon Suisan Kaisha (Nissui) (Japan)
Revenue: Over $5 billion (approx.)
Business Focus: Nissui is a major player in the seafood and marine product industry, focusing on fishery, aquaculture, seafood processing, and frozen foods.
Market Presence: Japan, North and South America, Europe, and Asia.
3. Thai Union Group (Thailand)
Revenue: Over $4.5 billion (approx.)
Business Focus: Known as the world’s largest producer of shelf-stable tuna products, Thai Union also deals in shrimp, salmon, and seafood processing.
Brands: Chicken of the Sea, John West, and King Oscar.
Market Presence: Global, with significant market share in North America and Europe.
4. Mowi ASA (Norway)
Revenue: Over $4 billion (approx.)
Business Focus: Mowi is the world’s largest producer of farmed salmon, with a strong focus on aquaculture, feed production, and seafood processing.
Market Presence: Europe, the Americas, and Asia.
5. Dongwon Industries (South Korea)
Revenue: Over $2 billion (approx.)
Business Focus: Dongwon is a major global supplier of tuna products, operating fishing vessels, canneries, and processing plants. It also produces frozen and canned seafood.
Brands: StarKist.
Market Presence: Strong in South Korea and the United States.
6. Cooke Aquaculture (Canada)
Revenue: Over $2 billion (approx.)
Business Focus: Cooke is a family-owned company and one of the largest salmon farming companies. It operates in aquaculture, wild fisheries, and seafood processing.
Market Presence: Canada, United States, Europe, and South America.
7. Trident Seafoods (USA)
Revenue: Over $2 billion (approx.)
Business Focus: Trident is a vertically integrated seafood company, involved in fishing, processing, and distributing a variety of seafood products, including salmon, pollock, and cod.
Market Presence: United States, Asia, and Europe.
8. Pacific Seafood (USA)
Revenue: Over $1.5 billion (approx.)
Business Focus: Pacific Seafood is one of the largest seafood processing and distribution companies in the U.S., specializing in a range of seafood products from finfish to shellfish.
Market Presence: North America.
9. Grieg Seafood (Norway)
Revenue: Over $1 billion (approx.)
Business Focus: Grieg Seafood is a significant player in the salmon farming industry, focusing on sustainable aquaculture and high-quality salmon production.
Market Presence: Europe and North America.
10. High Liner Foods (Canada)
Revenue: Over $1 billion (approx.)
Business Focus: High Liner specializes in frozen seafood products and value-added seafood processing. The company sells to retail and food service markets across North America.
Market Presence: Primarily North America.
These companies are influential in shaping global seafood trends, from sustainability practices to technological innovations in aquaculture and processing.
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