Global Commercial Fishing Industry Industry

• Publication date: January 2012

The global outlook series on the Commercial Fishing Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. Illustrated with 46 fact-rich market data tables, the report offers a rudimentary overview of the industry, and highlights latest trends and demand drivers. Regional markets briefly abstracted and covered include the US, Canada, Europe (France, Italy, Spain, Bulgaria, Denmark, Gree...

The global outlook series on the Commercial Fishing Industry provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. Illustrated with 46 fact-rich market data tables, the report offers a rudimentary overview of the industry, and highlights latest trends and demand drivers. Regional markets briefly abstracted and covered include the US, Canada, Europe (France, Italy, Spain, Bulgaria, Denmark, Greece, and Russia) Asia- Pacific (Japan, Bangladesh, Cambodia, China, India, Indonesia, Korea, Malaysia, Vietnam, Myanmar, Laos, Philippines, New Zealand, Taiwan, Thailand) Latin America (Mexico, Chile and Peru) and Rest of the World (Egypt, South Africa) The report offers a compilation of recent mergers, acquisitions, and strategic corporate developments. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 491 companies worldwide.

Fish And Seafood Industry

1. OVERVIEW 1
Introduction 1
Industry Overview 1
Current and Future Scenario 1
Table 1: World Recent Past, Current & Future Analysis for
Commercial Fishing by Geographic Region - US, Canada, Europe,
Asia-Pacific (including Japan), Latin America, and Rest of
World Markets Independently Analyzed with Annual Consumption
Figures in Thousand Tons for Years 2010 through 2015 2

Table 2: World 5-Year Perspective for Commercial Fishing by
Geographic Region - Percentage Breakdown of Volume
Consumption for US, Canada, Europe, Asia-Pacific (including
Japan), Latin America and Rest of World Markets for Years
2011 & 2015 3
Global Trade in Fish and Fishery Products 3
Table 3: Worldwide Fisheries Industry (2010): Percentage
Breakdown of Seabass Production by Geographic Region/Country 4

Table 4: Worldwide Fisheries Industry (2010): Percentage
Breakdown of Seabream Production by Geographic
Region/Country 4
Global Trade in Fishery Products by Species 5
Cephalopods 5
Salmon 5
Shrimp 5
Groundfish 5
Tuna 5
Fishing Areas 6
Aquaculture and Fisheries Market - A Retrospective Analysis 6
Table 5: Worldwide Aquaculture Market (2011): Percentage
Breakdown of Annual Production Volumes by Product Categories-
Freshwater Fish, Diadromous Fish, Marine Fish, Crustaceans
and Mollusks 6
Production Insufficient to Meet Global Demand 7
Table 6: Worldwide Aquaculture Industry (2011) Percentage
Breakdown of Production Volume by Geographic Region 7

Table 7: Worldwide Aquaculture Industry (2011): Percentage
Share Breakdown of Production Volume and Value by Economic
Class of Countries 7
Farming Outshines Wild Capture 8
Table 8: Worldwide Fisheries Industry (2011) Percentage
Breakdown of Production Volumes by Sub-sector- Capture and
Aquaculture 8

Table 9: Worldwide Fisheries Industry (2011) Percentage
Breakdown of Production Volumes by Segments Inland and Marine
Fisheries and Sub-segments - Capture and Aquaculture
Fisheries 8
Aquaculture Product Demand to Soar 8
Fish Farming Output Rises Significantly 9
Production Patterns in Aquaculture and Capture Fisheries to
Change 9
Employment in the Fishing Industry 10
Table 10: Worldwide Fisheries Industry (2011): Percentage
Share Breakdown of Number of Fishers & Fish Farmers by
Geographic Region 10
Limiting the Fishing Capacity 10
Fleet Downsizing Programs 11
Table 11: Worldwide Fishing Industry (2011): Percentage
Breakdown of Number of Motorized Fishing Vessels by
Geographic Region 11

2. CAPTURE FISHERIES 12
Global Fisheries - Select Highlights 12
Global Capture Fisheries Market 12
Fishery Resources 12
Marine Fisheries 12
Status of Select Major Species 13
Inland Fisheries 13
Table 12: Worldwide Inland Capture Fisheries Industry (2011):
Percentage Share Breakdown of Production Volumes by
Geographic Region 13
Major Inland Fisheries in Select Global Regions 14
Amazon (Latin America) 14
Lake Constance (Europe) 14
Lake Victoria (Africa) 14
Tonle Sap (Southeast Asia) 14
Shrimp Fisheries 15
Fishing Industry - A Historic Perspective 15
Global Fisheries Management 16
Overview 16
Capacity Building Key to Effective Fisheries Management 17
Regional Fisheries Management Organizations 17
Effects of Climate Change on Fisheries 18

3. AQUACULTURE 19
Market Overview 19
Outlook 19
Market Challenges 19 Market on Upswing Mode 19
Aquaculture Governance 20
Regulations Governing Aquaculture 20
Profit Incentives Drive Aquaculture Growth 21
Governments Encourage Investments 21
Aquaculture Governance Gains Ground 21

4. FISH CONSUMPTION AND SUPPLY 22
Overview 22
Factors Driving Global Consumption 22
Trends in Fish Consumption 22
Global and Regional Per Capita Supply and Consumption 23
Table 13: Worldwide Fisheries Industry (2010): Percentage
Share Breakdown of Fish Supply and Per Capita Supply by
Geographic Region 23
Consumption of Fish by Species 24
Consumption of Fish by End-Use 24
Human Consumption 24
Consumption in Non-Food Products 24
Future Perspective 25

5. MARKET TRENDS & ISSUES 26
Market Trends & Issues - Highlights 26
Cod Markets Witness Upsurge in Production 26
TAC for Atlantic Cod Set to Increase 26
Alaska Pacific Cod Harvest Surges 26
European Exports of Alaska Pacific Cod Rise 27
China to Drive Global Demand Growth 27
Reliance of Fish Farming on Wild Fishery Resources 27
Wild Fish Capture to Remain Stable 27
Fish: A Primary Source of Animal Protein 28
Trends in Pricing and Trade of Fish Products 28
Stable Prices of European Groundfish 28
Downward Trend in the Shrimp Market 28
Squid Dominates Trade in Cephalopod 28
Production - Vertical Expansion 29
Production - Horizontal Expansion 29
Culture-based Fisheries 29
Growing Awareness of Sustainability Needs 29
Long-Term Trends in Aquaculture 30
Science-based Traditional Approach to Aquaculture 30
Issues Related to Global Trade in Fishery Products 30
Issues Affecting Future Trade in Aquaculture and Related Products 31
Externalities 31
Food Security 31
Quality 31
Tariffs 31
Global Concerns Over Fishing Regulations 32
Overfishing 32
Efforts to Preserve Fish Population 32
Illegal, Unreported and Unregulated (IUU) Fishing 33
Environmental and Economic Impacts 33
Impact on Developing Countries 33
Measures to Prevent IUU Fishing 34
Commercial Fishing Gear Affecting Marine Environment 34

6. PRODUCT OVERVIEW 35
Fish - Nutritional Value 35
Commercial Fishing 35
Methods & Gear Used in Commercial Fishing 35
Fisheries 36
Large-scale Fisheries 36
Small-scale Fisheries 36
Capture Fishery 37
Fisheries - A Rich Source for Marine Wealth 37
Sources of Marine Wealth 37
Productivity Comparison of Various Sources of Marine Wealth
- Open Ocean, Coastal Waters, and Upwelling Areas 37
Classification of Marine Organisms 37
Sectors in Fisheries 38
Commercial Sector 38
Recreational/Sporting Sector 38
Traditional Sector 38
Precautions for Transporting and Marketing Live Fish 38
Aquaculture 38
Outlook 39
Growth Drivers 39
Aquaculture: A Blue Revolution 39
Types of Aquaculture 39
Food Fish Species 40
Bait Species 40
Ornamental Species 40
Fee Fishing 40
Why Aquaculture? 41
Growth Potential 41
Modern Aquaculture Systems 42
Production Phases in Aquaculture 42
Production Methods 42
Ponds 42
Cage Culture 43
Raceways 43
Water Re-Circulating Systems 44
Major Aquaculture Species Cultivated 44
Freshwater Fishes 45
Aquatic Plants and Algae 46
Microalgae 46
Fish Processing 47
Fish Processing in Developing Nations 47
Outsourcing of Fish Processing 47
Fish Preservation 48
Scenario in Developed Countries 48
Scenario in Developing Countries 48
Fishing Vessels 49
Classification 49
Line Vessels 49
Trollers 49
Longliners 49
Jiggers 49
Pole and Line Vessels 50
Seiners 50
Seine Netters 50
Purse Seiners 50
Trawlers 50
Pair Trawlers 50
Otter Trawlers 50
Outrigger Trawlers 50
Side Trawlers 51
Stern Trawlers 51
Wet Fish Trawlers 51
Freezer Trawlers 51
Other Vessels 51
Gillnetters 51
Dredgers 51
Lift Netters 51
Handliners 51
Trap Setters 52
Research Vessels 52
Multipurpose Vessels 52
Fishnet/Fishing Net 52
Select Fishing Nets 52
Cast Net 52
Chinese Fishing Nets 52
Coracle Fishing 52
Drift Net 53
Fyke Net 53
Gillnet 53
Hand Net 53
Seine 53
Purse Seine 53
Stake Net 53
Trammel 53
Trawl 54
Umbrella Net 54
Artisan Fishing 54
Artisan Boats 54

7. FACTS ABOUT SEAFOOD 55
Introduction 55
Seafood Preservation Techniques 55
Role of Fish in Human Life 55
Skin Care from Seafood 55
Aquatic Animals: A Potential Source of Medicinal Properties 56
Demand and Supply Variance 56
Key Factors Influencing Seafood Market 56
Price Determinants 56

8. MARKET DYNAMICS 57
Aquaculture 57
Environment Pollution 57
Fish for Fish Feeds 57
Organic and Chemical Pollution 57
Mangroves and Shrimp Aquaculture 58
Intensive Shrimp Farming: A Threat to Environment 58
Best Production and Management Practices in Aquaculture 58
International Standards for Aquaculture Drugs 59
Aquaculture Trade Regulations 59
International Agreements 59
Shrimp Industry in Constant Threat 59
White Spot Disease 60
Predator Control in Aquaculture 60
Pros & Cons 60
Employment Opportunities in Aquaculture to Grow 60
Negative Effects and Risks of Aquaculture 61
El Nino and La Nina - Effects on Aquatic Life 61
Fisheries 62
Facts about Overexploitation 62
“Bait” Now as “Catch” 62
Cause and Effect Relationship 62
Fiscal Approach 62
Government Policies 62
Science and Technology 63
Buyer Be Aware 63

9. THE ROLE OF TECHNOLOGY 64
Technology in Aquaculture and Fisheries Industry 64
Role of Biotechnology in the Field of Aquaculture 64
Gene Transfer / Transgenic Fish 65
Selective Breeding in Aquaculture 65
Significance of Genetic Improvement Programs 65
Need for R&D 65
Areas to be Researched Upon 65
What is Extensive and Intensive System of Cultivation? 66
Relationship between Intensification and Environmental Impacts 66
Pros and Cons of Capital-Intensive Production Systems 66
Methods to Overcome Drawbacks of Intensive Cultivation 66

10. AN INSIGHT INTO ORGANIC AQUACULTURE PRODUCTION 67
Introduction 67
Major Organic Species 67
Organic Shrimp 67
Organic Shellfish 67
Organic Salmon 67
Organic Carp and Trout 68
Organic Seafood Market 68
Growing Demand 68
Distribution Channels 68
Motivating Factors 69
Global Standards in Organic Aquaculture Cultivation 69
Drawbacks 69

11. PROMINENCE OF FISH PRODUCT LABELING 70
Facts of Labeling 70
Labeling Regulations 70
Government Initiatives 70
US Regulations 70
Organic Labels 70
Private Initiatives 71

12. REGULATORY ISSUES 72
Regulations in Drug Usage 72
Threat of Antibiotic Resistance 72
Pesticide Use in Aquaculture 72
Alternatives 72
Government Intervention: A Prerequisite 73

13. PRODUCT INTRODUCTIONS 74

14. MERGERS AND ACQUISITIONS 76

15. STRATEGIC DEVELOPMENTS 82


A REGIONAL MARKET PERSPECTIVE 87

1. THE UNITED STATES 87
Market Overview 87
Overview of US Fish and Seafood Market 87
Table 14: US Seafood Market (2011): Percentage Breakdown of
Per Capita Consumption Volume by Product Category 88
Aquaculture Market 88
Overview 88
A Conceptual Framework of the US Aquaculture Industry 88
Fastest Growing Segment of Agriculture 89
US Aquaculture Producing Regions by Species Produced 89
Evolution of Aquaculture Over Wild Harvest 89
Antibiotics Market for Aquaculture- An Insight 90
Challenges 90
Measures to Control Environmental Pollution 90
Regulatory Issues 90
Some of the Drugs Approved for Aquaculture 91
Commercial Fishing in California 91
Alaska - A Leading US State in Seafood Landings 92
Table 15: US Seafood Industry (2011): Percentage Breakdown of
Value Sales by States 92

Table 16: US Seafood Industry (2010): Percentage Breakdown of
Landing Revenues by States 93
Overfished and Subject to Overfishing Status 93
Stocks Grouped Under Overfished and Subject to Overfishing
Categories 94
Steps Taken by Regional Authorities 95
US and Canada Sign Agreement Against Overfishing 95
Market Trends & Issues 96
US Fish Farming: Set for Expansion 96
Catfish Sales Rises While Acreage Declines 96
California Harbor Businesses Slumps in Sync with Commercial
Fishing 97
US Canned Tuna Sales Slump 97
Shrimp Sales to Recover from Recessionary Lows 97
Virginia Marine Resources Commission Promotes Shellfish
Aquaculture 98
South Carolina Fisheries Demand Catch Share System 98
Recession Impacts Import of Canned and Pouched Tuna 98
Ban on Commercial Salmon Fishing in California and Oregon 99
Large Scale Fishing Operations Affecting Fish Stocks 99
New Regulations to Stabilize New England’s Fishing Industry 99
Declining Stocks of Chesapeake Blue Crab 100
Occupational Hazards of Commercial Fishing 100
Key Statistics 100
Table 17: US Fisheries Import Market (2010): Breakdown of
Import Volume and Value by Product Categories - Edible and
Non-Edible Fish Products 100

Table 18: US Fisheries Export Market (2010): Breakdown of
Domestic Export Volume and Value by Product Categories -
Edible and Non-Edible Fish Products 101

Table 19: US Fisheries Export Market (2010): Breakdown of
Re-Export Volume and Value by Product Categories - Edible and
Non-Edible Fish Products 101

2. CANADA 102
Market Overview 102
Overview of Fisheries Trade 102
Leading Species in Canadian Fisheries in terms of Landings 103
Canadian Aquaculture Market 103
Market Trend 104
Fraser River Sockeye Salmon Stock Skyrockets 104
Key Statistics 104
Table 20: Canadian Exports of Seafood (2010): Percentage
Share Breakdown of Export Volume and Value by Geographic
Region/Country 104

Table 21: Canadian Exports of Seafood (2010): Percentage
Share Breakdown of Export Volume and Value by Provinces 105

Table 22: Canadian Exports of Seafood (2010): Percentage
Share Breakdown of Export Volume and Value by Product
Category 106

Table 23: Canadian Imports of Seafood (2010): Percentage
Share Breakdown of Import Volume and Value by Provinces 107

Table 24: Canadian Imports of Seafood (2010): Percentage
Share Breakdown of Import Volume and Value by Geographic
Region/Country 107

Table 25: Canadian Imports of Seafood (2010): Percentage
Share Breakdown of Export Volume and Value by Product
Category 108

Table 26: Commercial Fisheries and Aquaculture in Canada
(2010): Percentage Breakdown of Value of Landed Catch by
Species Type 109

Table 27: Canadian Exports of Seafood (2010): Percentage
Breakdown of Export Value by Destination Country 109

Table 28: Canadian Exports of Seafood (2010): Percentage
Breakdown of Export Value by Fish Species 109

3. EUROPE 110
Overview 110
An Insight into the European Market 110
Market Segmentation 110
Common Fisheries Policy in the European Union 110
European Market Perspective 110
Table 29: European Recent Past, Current & Future Analysis
for Commercial Fishing by Geographic Region - France,
Germany, Italy, UK, Spain, and Rest of Europe Markets
Independently Analyzed with Annual Consumption Figures in
Thousand Tons for Years 2010 through 2015 111

Table 30: European 5-Year Perspective for Commercial Fishing
by Geographic Region - Percentage Breakdown of Volume
Consumption for France, Germany, Italy,UK, Spain, and Rest
of Europe Markets for Years 2011 & 2015 112
Major Market Trends 112
EC Plans Amendment of Common Fisheries Policy 112
Tropical Tuna Fisheries Strive for Survival 113
Imports Hiked to Compensate Dwindling Stocks 113
Recession Hits Seafood Sales in Foodservice Sector 113
European Commission Proposes Plan for Optimum Utilization of
Herring Fisheries 114
Declining Levels of Fish Stocks to Lower the Supply in Europe 114
Statistical Findings 115
Table 31: European Fishing Industry (2010): Breakdown of
Number of Fishing Vessels ('000s) by Leading Member States. 115

Table 32: European Aquaculture Industry (2011): Percentage
Breakdown of Production Volume by Geographic Region/Country 116
Snapshot of Select Markets 116
French Fishery Products Market 116
French Fishery Products Market 116
German Fisheries Product and Trade Market 116
Fishery Products Market 116
Fishery Products Trade 117
Italian Fishery Products Market 117
UK Fishery Products Market 117
Table 33: UK Fishing Industry (2010): Breakdown of Number of
Vessels by Country 118
Spanish Fishery Products Market 118
Bulgarian Fisheries Market Overview 118
Danish Fisheries Market 119
Table 34: Danish Fishing Industry (2011): Percentage
Breakdown of Fishing Vessels by Type 119
Greek Fisheries Market 119
Norwegian Fisheries Market Overview 119
Fishing 120
Aquaculture 120
Russian Fisheries Market 120
Regulatory Environment 120

4. ASIA-PACIFIC 121
Industry Overview 121
Market Trends 121
Shrimp Industry Fights Through Doldrums 121
Asian Fish Producers Eye Exports 121

4a. JAPAN 122
Overview of Seafood Market 122 Fisheries Trade 122
Market Trends 122
Tsunami Sounds Knell for Japanese Fishery 122
Healthy Demand for Shrimps in Japan 123
Statistical Findings 123
Table 35: Japanese Fishing Industry (2011): Percentage
Breakdown of Aquatic Production by Type of Fisheries 123

Table 36: Japanese Fisheries Export Market (2010): Breakdown
of Export Volumes in Millions of Metric Tons, and Value in
Millions of Yen by Species 124

Table 37: Japanese Fisheries Imports Market (2010): Breakdown
of Import Volumes in Millions of Metric Tons, and Value in
Millions of Yen by Product Categories 125

4b. BANGLADESH 126
Freshwater Aquaculture 126
Brackishwater Aquaculture 126
Marine Capture 126

4c. CAMBODIA 127
Market Overview 127

4d. CHINA 128
Market Overview 128
Fishery Products Trade 128
Table 38: Chinese Imports of Seafood (2010): Percentage
Breakdown of Value of Imports by Product Type 128
Chinese Fish Processing Industry - An Overview 129
Aquatic Companies in Trouble 129
Table 39: Chinese Fishing Industry (2011): Percentage
Breakdown of Production Volume by Province 129
Freshwater Aquaculture 129
Marine Capture 130
Table 40: Chinese Fisheries Sector (2011): Breakdown of
Production by Type of Production - Seawater Production and
Freshwater Production 130
Seafood and Frozen Food Gaining Popularity 130

4e. INDIA 131
Overview 131
In Search of New Markets for Shrimp 131
Freshwater Aquaculture 131
Brackish Water Aquaculture 131
Marine Capture 131

4f. INDONESIA 132
Overview of Fisheries Trade 132

4g. KOREA 133
Market Overview 133

4h. MALAYSIA 134
Market Overview 134
Fisheries Trade 134
Seafood Distribution Channel 134
Aquaculture & Seafood Processing 134

4i. VIETNAM 135
Vietnamese Seafood Exports Soar 135
Table 41: Vietnamese Fisheries Industry (2011): Percentage
Breakdown of Production Volume by Sub-sectors- Marine &
Inland Capture, and Aquaculture 135

4j. MYANMAR 136
Falling Exports Trouble Myanmar Fisheries 136

4k. LAOS 136
Local Fisheries Staving Foreign Competition 136

4l. PHILIPPINES 137
Overview of Fisheries Trade 137
Government Acts to Uplift Fisheries Sector 137
Statistical Findings 138
Table 42: Philippines Fish and Seafood Market (2011):
Percentage Breakdown of Annual Production Volumes by
Sub-sector- Aquaculture, Municipal Capture, and Marine
Capture 138

Table 43: Philippines Agriculture Sector (2011): Percentage
Breakdown of Gross Value Addition by Sub-sectors at Constant
Prices 138

Table 44: Philippines Fisheries Industry (2011): Percentage
Breakdown of Production Volume by Species 138

4m. NEW ZEALAND 139
Market Overview 139

4n. TAIWAN 139
Market Overview 139

4o. THAILAND 140
Market Overview 140

5. LATIN AMERICA 140
Market Overview 140
Key Statistic 140
Table 45: Brazilian Fishing Industry (2010): Percentage
Breakdown of Aquatic Production Volume by Type of Production-
Wild Capture and Aquaculture 140

5a. MEXICO 141
Market Overview 141
Table 46: Mexican Imports of Seafood (2010): Percentage
Breakdown of Value of Imports by Product Type 141

5b. CHILE 142
Market Overview 142
Chilean Salmon Exports to Vietnam Rise 142

5c. PERU 143
Market Overview 143
Peruvian Anchoveta Fishery 143
Rough Start for Peru Fisheries in 2011 143
Government Takes Measures to Eliminate Illegal Fishing 143
Catch for Fishmeal Expected to Decline 144

6. REST OF WORLD 145
African Aquaculture Market - An Outlook 145
Development of Aquaculture in Rest of World Region 145
Overview of Egyptian Fisheries Market 145
Overview of South African Fisheries Market 145
Market Trends 146
Bahamas Government Bans Commercial Sharks Fishing 146
African Fish Exports Remain Underdeveloped 146
Sierra Leone Mounts Offensive Against Illegal Fisheries 147


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