I. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONS
Study Reliability and Reporting Limitations I-1
Disclaimers I-2
Data Interpretation & Reporting Level I-2
Quantitative Techniques & Analytics I-3
Product Definitions and Scope of Study I-3
Aquaculture I-3
Fisheries I-3
II. EXECUTIVE SUMMARY
1. INDUSTRY OVERVIEW II-1
Fish: A Primary Source of Animal Protein II-1
Table 1: Global Fish Consumption (2011): Percentage Share
Breakdown for Food and Non-Food Uses (includes corresponding
Graph/Chart) II-1
Production Insufficient to Meet Global Demand II-1
Aquaculture and Fisheries - Market Outlook II-2
Table 2: Increasing Contribution of Aquaculture to Global
Fish Supply: 2005-2010 (includes corresponding Graph/Chart) II-3
Regional Focus shifts from Developed to Developing Countries II-3
Aquaculture and Fisheries - Key Snapshots II-4
The Impact of 2008-2009 Recession on Global Aquaculture and
Fisheries Sector II-4
Recessionary Impact on Main Species - A Quick Review II-5
Chile Bounces Back Following the 2007 Virus Attack II-5
Aquaculture & Fisheries Production Statistics II-6
Table 3: World Fish Production by Type and Area (2011):
Volume Production in Tons for Commercial Catches (Capture) &
Aquaculture, and Inland Waters & Marine Waters (includes
corresponding Graph/Chart) II-6
Table 4: World Aquaculture and Commercial Catches by Area
(2011): Breakdown for Marine Areas and Inland Areas (In
Metric Tons) (includes corresponding Graph/Chart) II-7
Table 5: World Aquaculture and Commercial Catches by Species
(2011): Breakdown of Live Weight for Fish, Mollusks,
Crustaceans, Sea Urchins and other echinoderms, and Others
(in Tons) II-8
Table 6: World Aquaculture and Commercial Catches by
Utilization Type: 2011 (includes corresponding Graph/Chart) II-9
Table 7: World Aquaculture Production by Geographic Region
(2011): Breakdown of Production Volume in ‘000 Tons for Asia,
Americas, Europe, Africa and Oceania (includes corresponding
Graph/Chart) II-9
Table 8: World Aquaculture Production by Leading Producer
(2011): Percentage Share Breakdown by Volume for China,
India, Vietnam, Indonesia, Thailand, Bangladesh, Norway,
Chile, and Others (includes corresponding Graph/Chart) II-9
Table 9: World Inland Aquaculture Fisheries Production by
Geographic Region (2011): Breakdown of Production Volume in
‘000 Tons for Asia, Africa, Americas, Europe, and Oceania
(includes corresponding Graph/Chart) II-10
Table 10: World Capture Fisheries Production by Geographic
Region (2011): Production Volume in ‘000 tons for Asia, South
America, Europe, Africa, North America, Central America and
Carribean and Oceania (includes corresponding Graph/Chart) II-10
Table 11: World Capture Fisheries Production by Leading
Producer (2011): Percentage Breakdown of Production Volume
for China, Peru, Indonesia, US, India, Japan, Russian
Federation, Chile, and Others (includes corresponding
Graph/Chart) II-11
Table 12: World Inland Capture Fisheries Production by
Geographic Region (2011): Percentage Breakdown of Production
Volume for Asia, Africa, Americas, Europe, and Oceania
(includes corresponding Graph/Chart) II-11
Market Challenges II-11
Farming Outshines Wild Capture II-12
Salmon - the Major Farmed Specie in the Global Aquaculture Market II-12
Asian Fish Producers Eye Exports II-12
2. MARKET TRENDS AND ISSUES II-13
Developing World Turns to Aquaculture to Ward Off Malnutrition II-13
Developing Countries to Mobilize Resources for Aquaculture II-13
Fish Prices to Increase Further II-13
Vegetable-based Feeds Gaining Importance II-13
Growing Awareness of the Sustainability Needs II-14
Long-Term Trends in Aquaculture II-14
Science-based Traditional Approach to Aquaculture II-15
Issues Affecting Future Trade in Aquaculture and Related Products II-15
Externalities II-15
Food Security II-15
Quality II-15
Tariffs II-15
3. PRODUCT OVERVIEW II-16
Aquaculture II-16
Aquaculture: A Blue Revolution II-16
Types of Aquaculture II-16
Food Fish Species II-17
Bait Species II-17
Ornamental Species II-17
Fee Fishing II-17
Aquarium Aquaculture II-18
Lake Stock Aquaculture II-18
Why Aquaculture? II-18
Modern Aquaculture Systems II-19
Production Phases in Aquaculture II-19
Production Methods II-19
Ponds II-19
Cage Culture II-20
Raceways II-20
Water Re-Circulating Systems II-21
Major Aquaculture Species Cultivated II-21
Freshwater Fishes II-22
Aquatic Plants and Algae II-23
Microalgae II-23
Freshwater Aquaculture: Semi-Intensive Vs. Intensive Systems II-24
Nets Used for Aquaculture II-24
Seine Nets II-25
Trawl Nets II-25
Beam Trawls II-25
Otter Trawls II-25
Pair Trawls II-25
Otter Trawls II-26
Pair Trawls II-26
Lift Nets II-26
Gillnets and Entangling Nets II-26
Trapping Nets II-26
Fisheries II-27
Fish - Nutritional Value II-27
Fisheries - A Rich Source for Marine Wealth II-27
Fish Farming - Global Facts II-27
Sources of Marine Wealth II-28
Productivity Comparison of Various Sources of Marine Wealth
- Open Ocean, Coastal Waters, and Upwelling Areas II-28
Classification of Marine Organisms II-28
Sectors in Fisheries II-28
Commercial Sector II-28
Recreational/Sporting Sector II-28
Traditional Sector II-29
Precautions for Transporting and Marketing Live Fish II-29
4. AQUACULTURE AND THE ENVIRONMENT II-30
Aquaculture II-30
Environment Pollution II-30
Fish for Fish Feeds II-30
Organic and Chemical Pollution II-30
Mangroves and Shrimp Aquaculture II-30
Intensive Shrimp Farming: A Threat to Environment II-31
Best Production and Management Practices in Aquaculture II-31
International Standards for Aquaculture Drugs II-31
Aquaculture Trade Regulations II-32
International Agreements II-32
White Spot Disease - A Major Threat for Shrimp Industry II-32
Predator Control in Aquaculture II-33
Pros & Cons II-33
Employment Opportunities in Aquaculture to Grow II-33
Negative Effects and Risks of Aquaculture II-33
El Nino and La Nina - Effects on Aquatic Life II-34
Fisheries II-34
Facts about Overexploitation II-34
“Bait” Now as “Catch” II-35
Cause and Effect Relationship II-35
Fiscal Approach II-35
Government Policies II-35
Science and Technology II-35
Cost and Profit Analysis II-35
Buyer Be Aware II-35
5. TECHNOLOGY IN AQUACULTURE AND FISHERIES INDUSTRY II-36
The Role of Technology II-36
Table 13: World Fish Meal Consumption by Sector (2011):
Percentage Share Breakdown of Volume Consumption for
Aquaculture, Pigs, Poultry, and Others (includes
corresponding Graph/Chart) II-36
Table 14: World Fish Meal Consumption in Aquaculture by Type
of Fish Reared (2011): Percentage Share Breakdown of Volume
Consumption for Salmon & Trout, Marine Fish, Crustaceans,
Eels, Cyprinids, and Other Freshwater Fishes (includes
corresponding Graph/Chart) II-37
Table 15: World Fish Oil Consumption by End-use Sector
(2011): Percentage Share Breakdown of Volume Consumption for
Aquaculture, Direct Human Consumption and Others (includes
corresponding Graph/Chart) II-37
Table 16: World Fish Oil Consumption in Aquaculture by Type
of Fish Reared (2011): Percentage Share Breakdown of Volume
Consumption for Salmon & Trout, Marine Fish, Cyprinids,
Tilapias, Eels, and Others (includes corresponding
Graph/Chart) II-37
Role of Biotechnology in the Field of Aquaculture II-38
Marine Organism-Based Chemicals Offer Potential for Biofuel
Generation II-38
Gene Transfer / Transgenic Fish II-38
Selective Breeding in Aquaculture II-38
Significance of Genetic Improvement Programs II-38
Need for R&D II-39
Areas to be Researched Upon II-39
What is Extensive and Intensive System of Cultivation? II-39
Relationship between Intensification and Environmental Impacts II-39
Pros and Cons of Capital-Intensive Production Systems II-40
Methods to Overcome Drawbacks of Intensive Cultivation II-40
6. AN INSIGHT INTO ORGANIC AQUACULTURE PRODUCTION II-41
Introduction II-41
Major Organic Species II-41
Organic Shrimp II-41
Organic Shellfish II-41
Organic Salmon II-41
Organic Carp and Trout II-42
Organic Seafood Market II-42
Factors Contributing towards Growth of Organic Aquaculture
Sector II-42
Organic Food: Product Life Cycle II-43
Distribution Channels II-43
Motivating Factors II-43
Global Standards in Organic Aquaculture Cultivation II-44
Drawbacks II-44
7. PROMINENCE OF FISH PRODUCT LABELING II-45
Facts of Labeling II-45
Labeling Regulations II-45
Government Initiatives II-45
US Regulations II-45
Organic Labels II-45
Private Initiatives II-46
MSC Labels II-46
8. REGULATORY ENVIRONMENT II-47
Regulations in Drug Usage II-47
Threat of Antibiotic Resistance II-47
Pesticide Use in Aquaculture II-47
Alternatives II-47
Government Intervention: A Prerequisite II-48
9. FACTS ABOUT SEAFOOD II-49
Introduction II-49
Seafood Preservation Techniques II-49
Role of Fish in Human Life II-49
Skin Care from Seafood II-49
Aquatic Animals: A Potential Source of Medicinal Properties II-50
Demand and Supply Variance II-50
Price Determinants II-50
10. WORLD TRADE STATISTICS II-51
Table 17: World Fish Exports and Imports: 2005-2010 (US$
Million) (includes corresponding Graph/Chart) II-51
Table 18: World Leading Fish Exporters by Country (2010):
Percentage Share Breakdown in Value Terms for China, Norway,
Thailand, USA, Vietnam, Canada, Chile, Indonesia, Peru and
Others (includes corresponding Graph/Chart) II-51
Table 19: World Leading Fish Importers by Country (2010):
Percentage Share Breakdown in Value Terms for China, Norway,
Thailand, USA, Vietnam, Canada, and Others (includes
corresponding Graph/Chart) II-52
11. GLOBAL HISTORIC TRADE RELATED STATS - A PERSPECTIVE BUILDER II-53
Table 20: Global Aquaculture and Fisheries Market (2002 &
2003): Percentage Breakdown of Exports by Species - Shrimp,
Ground Fish, Salmon, Tuna, Mollusks (other), Small Pelagics,
Fresh Water, Cephalopods, Fishmeal, Fish Oil, and Others
(includes corresponding Graphs/Chart) II-53
Table 21: Global Fresh, Chilled and Frozen Oysters Market
(2002): Exports (in ‘000 Tons) by Region/ Country - China,
Korea, France, Netherlands, Canada, New Zealand, USA, Senegal,
Panama, India, Chile, and Others (includes corresponding
Graph/Chart) II-54
Table 22: Global Fresh, Chilled and Frozen Oysters Market
(2002): Imports (in ‘000 Tons) by Region/ Country - Japan,
Italy, Hong Kong, USA, France, Taiwan, Ghana, Belgium, Spain,
Canada, Germany, Singapore, Australia, and Others (includes
corresponding Graph/Chart) II-54
Table 23: Global Fresh, Chilled and Frozen Oysters Market
(2002): Exports in (US$ Million) by Region/ Country - China,
Korea, France, Netherlands, Canada, USA, New Zealand, Panama,
Senegal, India, Ireland, Chile, Ecuador, Denmark, Italy,
Thailand, and Others (includes corresponding Graphs/Chart) II-55
Table 24: Global Fresh, Chilled and Frozen Oysters Market
(2002): Imports (in US$ Million) by Region/ Country - Japan,
USA, Hong Kong, Italy, Spain, Belgium, France, Singapore,
Canada, Australia, Germany, and Others (includes corresponding
Graphs/Chart) II-56
Table 25: Global Cultured Oysters Market (2002): Production
(in ‘000 Tons) by Region/Country - China, Japan, Korea,
France, USA, Taiwan, Thailand, Philippines, Canada, Australia,
Ireland, Spain, Chile, Netherlands, and Others II-56
Table 26: Global Fresh, Chilled and Frozen Scallops Market
(2002): Exports (in ‘000 Tons) by Region/ Country - China,
Canada, Argentina, UK, Japan, USA, Denmark, France, Chile,
Italy, Russia, Australia, India, Peru, Indonesia, Mexico, and
Others (includes corresponding Graphs/Chart) II-57
Table 27: Global Fresh, Chilled and Frozen Scallops Market
(2002): Imports (in ‘000 Tons) by Region/ Country - USA,
France, Spain, Italy, Canada, Korea, Hong Kong, Australia,
Belgium, Denmark, China, Singapore, Germany, and Others
(includes corresponding Graphs/Chart) II-58
Table 28: Global Fresh, Chilled and Frozen Scallops Market
(2002): Exports (in US$ Million) by Region/ Country - Canada,
Japan, UK, China, USA, Argentina, Chile, Australia, France,
Denmark, Peru, Russia, Italy, Mexico, Belgium, Iceland,
Greenland, New Zealand, Ireland, Netherlands, Thailand,
Singapore, Hong Kong, and Others (includes corresponding
Graphs/Chart) II-59
Table 29: Global Fresh, Chilled and Frozen Scallops Market
(2002): Imports (in US$ Million) by Region/ Country - USA,
France, Spain, Italy, Canada, Hong Kong, Belgium, Australia,
Denmark, Singapore, Korea, Germany, Netherlands, China,
Switzerland, Japan, UK, and Others (includes corresponding
Graphs/Chart) II-60
Table 30: Global Scallops (Capture and Culture) Market (2002):
Production (in ‘000 Tons) by Region/ Country - China, Japan,
USA, Canada, UK, France, Chile, Mexico, Russia, Australia,
Peru, Iceland, Norway, and Others (includes corresponding
Graphs/Chart) II-61
Table 31: Global Fresh, Chilled and Frozen Mussels Market
(2002): Exports (in ‘000 Tons) by Region/ Country - Spain,
Netherlands, Denmark, New Zealand, China, Inland, Greece, UK,
India, Canada, Italy, France, Norway, and Others (includes
corresponding Graphs/Chart) II-62
Table 32: Global Fresh, Chilled and Frozen Mussels Market
(2002): Imports (in ‘000 Tons) by Region/ Country - France,
Italy, Germany, USA, Belgium, Netherlands, Spain, UK, Hong
Kong, Canada, Australia, Denmark, Portugal, China, and Others
(includes corresponding Graphs/Chart) II-63
Table 33: Global Fresh, Chilled and Frozen Mussels Market
(2002): Exports (in US$ Million) by Region/ Country - New
Zealand, Netherlands, Spain, Denmark, Ireland, Canada, India,
China, UK, France, Greece, Italy, Turkey, Korea, Chile, US,
Norway, and Others (includes corresponding Graphs/Chart) II-64
Table 34: Global Fresh, Chilled and Frozen Mussels Market
(2002): Imports (in US$ Million) by Region/ Country - Belgium,
USA, France, Italy, Germany, Spain, UK, Netherlands, Hong
Kong, Canada, Australia, Portugal, and Others (includes
corresponding Graphs/Chart) II-65
Table 35: Global Mussels (Capture and Culture) Market (2002):
Production (in ‘000 Tons) by Region/Country - China, Spain,
Italy, Thailand, Denmark, New Zealand, France, Chile,
Netherlands, UK, Canada, Ireland, Greece, Korea, Peru, USA,
Philippines, Germany, Turkey, Australia, Sweden, and Others
(includes corresponding Graphs/Chart) II-66
12. RECENT INDUSTRY ACTIVITY II-67
Tri Marine International to Rebuild STP's Cold Store Facility II-67
FRV Media to Take Over Global SeaFarms Group II-67
Blue Ocean Mariculture Acquires Kona Blue’s Offshore and
Hatchery Assets II-67
Pharmaq Takes Over Havbruksinstituttet II-67
Earth Ocean Farms and Ocean Farm Technologies Complete Merger II-68
Anpario Takes Over Meriden Animal Health II-68
Tethys Ocean Acquires Dias Aquaculture II-68
AgriMarine Enters into Deal with Ito-Yokado Grocery Retail Chain II-69
Malaysia Enters into Aquaculture Regulatory Framework
Agreement with Norway II-69
ecoTECH Inks Agreement Related to Aquaponics with Government
of Alberta II-69
Stevia Enters into JV Agreement with Tech-New to Form Stevia
Technew II-70
Process Technology Receives cULus Listing for SmartOne® Line
of PTC Electric Immersion Heaters II-70
Pesquera Bio Bio Merges with Camanchaca Pesca Sur II-71
Best Aquaculture Practices and SGS Ink Service Agreement II-71
DIANA Group and Agro Comercial Terramar Company Enter into
Joint Venture II-72
Giant Eagle and SPF Enter into Partnership II-72
13. CORPORATE ACTIVITY IN THE PAST - A PERSPECTIVE BULIDER II-73
Stirius and MetaMorphix Enter into Joint Venture to Form
AquaAnimal Health II-73
Mercian to Divest Nanki Kushimoto Fisheries to Toyo Reizo II-73
Trident Takes Over Kasilof Fish II-73
Hung Vuong Acquires 3.8 Million Shares of AGIFISH II-73
Al- Faiz Fund Acquires Two Aquaculture Companies II-74
Australis Aquaculture Divests Subsidiaries and Farming Operations II-74
Open Blue Sea Farms Acquires Pristine's Major Assets II-74
Huon Aquaculture Snaps Up Spring Smoked Seafoods II-75
Skystar Purchases Aquaculture Vaccine Technology II-75
Pacific Seafood Concludes Salmolux Acquisition II-75
Key West Fresh Acquires Barnacle Seafood II-75
ANC Holdings Acquires Controlling Stake in Dhofar Fisheries II-76
CWSI Introduces AquaClens Oxygenation System for Aquaculture
Industry II-76
Cooke Aquaculture Signs Agreement to Take Over Salmones Cupquelan II-76
Loch Fyne Oysters Takes Over Simson's Fisheries II-76
Glacier Fish Acquires Alaska Ocean Seafoods II-77
Bell Aquaculture Launches Yellow Perch Farm II-77
PetroSun BioFuels Enters into an Agreement with Biomass Partners II-77
Lakeland Marine Acquires Salmon Licenses from Lighthouse
Caledonia II-78
The Nigerian Federal Government Announces Plans for Setting up
Three Shrimp Farming Training Centers II-78
KPKKB Teams Up with Aero Supplies for Exporting Freshwater
Patin Fish II-78
BFAR Launches Mariculture Park Zone in Northeastern Mindanao II-78
AKVA Group Acquires Idema Aqua II-78
OKed Secures HACCP Certification for Aquatic Exports to the US II-79
Computronics Plans to Take over Thurla Farms II-79
Novus International Establishes Research Center II-79
Futuris to Divest Non-Core Business Assets II-79
Icicle Seafoods Acquires M/V Stellar Sea II-80
Norway and Indonesia Enters into Agreement to Establish a New
Committee II-80
Kedah Corp. Acquires Majority Interest in MAS II-80
Biomin Establishes New Aquaculture Research Center II-80
Ukraine and Vietnam Sign Agreement for Aquaculture and Fisheries II-80
Aleutia Sign Agreement with Peter Pan to Acquire Stake in
Bristol Bay Processor II-81
Majuikan and Mytrans Establishes New Fish Farm II-81
Russia and Norway Extends Agreement on Barents Sea Fisheries II-81
SalMar ASA to Acquire Fjordsmolt AS and Straumen Havbruk AS II-81
Hjaltland Acquires Shetland Salmon Business of Collarfirth Salmon II-81
BFAR to Expand Eastern Visayas Mariculture Zones II-82
SPoNFish ASA to Acquire Brodrene Hveding AS II-82
Zhejiang Holley to Acquire 100% Stake in SKDSFCL II-82
Icicle Seafoods to Acquire Smoki Foods II-82
FP Icicle Holdings Acquires Icicle Seafoods II-82
EW Group Announces Aqua Gen Acquisition II-83
Lighthouse Caledonia Agrees to Acquire Farming Sites from
Hebridean Salmon II-83
BioMar Concludes Provimi Aqua Acquisition II-83
Cell Aquaculture forms JV with ASSAR Fishery II-83
Maruha Plans to Acquire Agrobest II-83
SeaArk Finalizes Deal to Produce Prawns using Mariculture
Technology II-84
Zagro Announces BASF Acquisition II-84
Omstead Divests Stake in Fish Business Division to Great Lakes II-84
AKVA Agrees to Acquire Danish Aquaculture Development Group II-84
Skretting Japan Takes Over Marine Net’s Fish Feed
Manufacturing Plants II-85
Selonda Aquaculture Acquires Echinades Aquaculture’s Share
Capital II-85
Yuh Yow Fishery and Konsortium Galdasar Sign MoU II-85
14. FOCUS ON SELECT GLOBAL PLAYERS II-86
Kona Bay Marine Resources, Inc. (USA) II-86
Nireus S.A. (Greece) II-86
Nutreco Holding N.V. (The Netherlands) II-86
Royal Greenland A/S (Greenland) II-86
Sea Watch International Ltd. (USA) II-86
Selonda Aquaculture S.A. (Greece) II-87
StarKist Seafood Company (USA) II-87
Taylor Shellfish, Inc. (USA) II-87
TriMarine International (USA) II-87
Unima Group (Madagascar) II-87
Aquaculture Technology Providers II-87
AKVA Group (Norway) II-87
Aquacare Environment, Inc. (USA) II-88
Cyanotech Corp. (USA) II-88
15. GLOBAL MARKET PERSPECTIVE II-89
Table 36: World Recent Past, Current & Future Analysis for
Aquaculture and Fisheries by Geographic Region - US, Canada,
Japan, Europe, Asia-Pacific (excluding Japan), Latin America,
and Rest of World Markets Independently Analyzed with Annual
Consumption in Thousand Tons for Years 2010 through 2018
(includes corresponding Graph/Chart) II-89
Table 37: World Historic Review for Aquaculture and Fisheries
by Geographic Region - US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Rest of World Markets
Independently Analyzed with Annual Consumption in Thousand
Tons for Years 2004 through 2009 (includes corresponding
Graph/Chart) II-90
Table 38: World 15-Year Perspective for Aquaculture and
Fisheries by Geographic Region - Percentage Breakdown of
Volume Consumption for US, Canada, Japan, Europe, Asia-Pacific
(excluding Japan), Latin America, and Rest of World Markets
for Years 2004, 2011 & 2018 (includes corresponding
Graph/Chart) II-91
Table 39: World Recent Past, Current & Future Analysis for
Aquaculture by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Consumption
in Thousand Tons for Years 2010 through 2018 (includes
corresponding Graph/Chart) II-92
Table 40: World Historic Review for Aquaculture by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America and Rest of World Markets Independently
Analyzed with Annual Consumption in Thousand Tons for Years
2004 through 2009 (includes corresponding Graph/Chart) II-93
Table 41: World 15-Year Perspective for Aquaculture by
Geographic Region - Percentage Breakdown of Volume Consumption
for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets for Years 2004, 2011 &
2018 (includes corresponding Graph/Chart) II-94
Table 42: World Recent Past, Current & Future Analysis for
Fisheries by Geographic Region - US, Canada, Japan, Europe,
Asia-Pacific (excluding Japan), Latin America and Rest of
World Markets Independently Analyzed with Annual Consumption
in Thousand Tons for Years 2010 through 2018 (includes
corresponding Graph/Chart) II-95
Table 43: World Historic Review for Fisheries by Geographic
Region - US, Canada, Japan, Europe, Asia-Pacific (excluding
Japan), Latin America and Rest of World Markets Independently
Analyzed with Annual Consumption in Thousand Tons for Years
2004 through 2009 (includes corresponding Graph/Chart) II-96
Table 44: World 15-Year Perspective for Fisheries by
Geographic Region - Percentage Breakdown of Volume Consumption
for US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),
Latin America and Rest of World Markets for Years 2004, 2011 &
2018 (includes corresponding Graph/Chart) II-97
III. MARKET
1. THE UNITED STATES III-1
A.Market Analysis III-1
Current and Future Analysis III-1
Recession Drubs Seafood Market III-1
A Conceptual Framework of the US Aquaculture Industry III-1
Aquaculture: Fastest Growing Segment of Agriculture III-2
US Aquaculture Producing Regions by Species Produced III-2
Aquaculture Industry - What the Future Holds III-2
Factors Influencing Aquaculture Production III-2
Evolution of Aquaculture over Wild Harvest III-2
An Insight into the US Antibiotics Market in Aquaculture
Industry III-3
Major Challenges to Reckon With III-3
Measures to Control Environmental Pollution III-3
Regulatory Issues III-3
Some of the Drugs Approved for Aquaculture III-4
Standards and Regulations for Seafood Market III-4
The HACCP System for Food Safety III-4
Key Consumption Statistics III-5
Table 45: US Per Capita Consumption of Seafood (2011):
Breakdown by Shrimp, Canned Tuna, Salmon, Pollock, Catfish,
Tilapia, Crab, Cod, Clams and Pangasius (includes
corresponding Graph/Chart) III-5
Table 46: US Fish Landings by Species in Metric Tons: 2010
(includes corresponding Graph/Chart) III-6
Table 47: US Fish Landings by Major States in Metric Tons:
2010 (includes corresponding Graph/Chart) III-7
Table 48: US Fish Landings by Region (2010): Domestic
Landings in Metric Tons for Pacific Coast, Gulf,
Chesapeake, New England, Middle Atlantic, South Atlantic,
Hawaii, and Great Lakes (includes corresponding
Graph/Chart) III-8
Table 49: US Commercial Fish & Shellfish Landings (2010):
Percentage Share Breakdown for Human Food and Industrial
Purposes (includes corresponding Graph/Chart) III-8
Import statistics III-9
Table 50: US Imports of Edible Fishery Products by Type
(2010): Volume Imports for Fresh & Frozen, Canned, Cured,
Caviar and Roe, Prepared Meals, and Other Fish and
Shellfish (In Metric Tons) (includes corresponding
Graph/Chart) III-9
Table 51: US Edible and Non-Edible Fishery Products
Imports by Country of Origin (2010): Breakdown of Volume
Imports for North America, South America, Europe, Asia,
Oceania, and Africa (In Metric Tons) (includes
corresponding Graph/Chart) III-10
Table 52: US Imports of Edible and Non-Edible Fishery
Product by Country of Origin (2010): Percentage Share
Breakdown of Volume Imports for China, Thailand, Canada,
Indonesia, Vietnam, Ecuador, and Others (includes
corresponding Graph/Chart) III-11
Table 53: US Imports of Edible and Non-Edible Fishery
Product by Country of Origin (2010): Percentage Share
Breakdown of Value Imports for China, Canada, Thailand,
Indonesia, Vietnam, Ecuador, and Others (includes
corresponding Graph/Chart) III-11
Table 54: US Shrimp Imports by Country of Origin (2010):
Breakdown of Volume Imports for Thailand, Ecuador,
Indonesia, China, Vietnam, India, Malaysia, Mexico,
Honduras, and Others (In Metric Tons) (includes
corresponding Graph/Chart) III-12
Table 55: US Imports of Regular & Minced Fish Blocks &
Slabs by Country of Origin (2010): Breakdown of Import
Volume for China, Canada, Poland, Chile, Argentina,
Russian Federation, Norway, Indonesia, and Others (In
Metric Tons) (includes corresponding Graph/Chart) III-12
Table 56: US Imports of Canned Tuna by Country of Origin
(2010): Breakdown of Import Volume for Thailand,
Philippines, Vietnam, Ecuador, Indonesia, China, Mexico,
and Others (In Metric Tons) (includes corresponding
Graph/Chart) III-13
Table 57: US Imports of Cod-Like Groundfish Fillets by
Country of Origin (2010): Percentage Share Breakdown of
Volume Imports for China, Iceland, Canada, Norway, and
Others (In Metric Tons) (includes corresponding
Graph/Chart) III-13
Table 58: US Imports of Cod-Like Groundfish Blocks/Slabs
by Country of Origin (2010): Percentage Share Breakdown of
Volume Imports for China, Russian Federation, and Others
(In Metric Tons) (includes corresponding Graph/Chart) III-13
Export Statistics III-14
Table 59: US Exports of Edible Fishery Products by Type
(2010): Breakdown of Volume Exports for Fresh & Frozen,
Canned, Cured, Caviar and Roe, Prepared Meals, and Other
Fish and Shellfish (In Metric Tons) (includes
corresponding Graph/Chart) III-14
Table 60: US Edible and Non-Edible Fishery Products
Exports by Country of Destination (2010): Breakdown of
Volume Exports for North America, South America, Europe,
Asia, Oceania, and Africa (In Metric Tons) (includes
corresponding Graph/Chart) III-15
Table 61: US Exports of Edible and Non-Edible Fishery
Product by Country of Destination (2010): Percentage Share
Breakdown of Volume Exports for China, Japan, Canada,
South Korea, Germany, Netherlands, and Others (includes
corresponding Graph/Chart) III-16
Table 62: US Exports of Edible and Non-Edible Fishery
Product by Country of Destination (2010): Percentage Share
Breakdown of Value Exports for Canada, Japan, China, South
Korea, Germany, France, Netherlands, and Others (includes
corresponding Graph/Chart) III-17
Table 63: US Exports of Fresh & Frozen Shrimp by Country
of Destination (2010): Breakdown of Export Volume for
Canada, Denmark, Mexico, Indonesia, Sweden, and Others (In
Metric Tons) (includes corresponding Graph/Chart) III-17
Table 64: US Exports of Fresh & Frozen Lobster by Country
of Destination (2010): Breakdown of Export Volume for
Canada, Italy, Spain, France, China - Hong Kong, and
Others (In Metric Tons) (includes corresponding
Graph/Chart) III-18
Table 65: US Exports of Frozen Surimi by Country of
Destination (2010): Breakdown of Export Volume for Japan,
South Korea, France, Spain, Netherlands, Russian
Federation, Lithuania, and Others (In Metric Tons)
(includes corresponding Graph/Chart) III-18
Table 66: US Exports of Canned Salmon by Country of
Destination (2010): Breakdown of Export Volume for Canada,
United Kingdom, Australia, Netherlands, and Others (In
Metric Tons) (includes corresponding Graph/Chart) III-19
Table 67: US Exports of Fresh & Frozen Crab by Country of
Destination (2010): Breakdown of Export Volume for Japan,
Canada, China, and Others (includes corresponding
Graph/Chart) III-19
Strategic Corporate Initiatives III-19
Product/Service Launches III-22
Focus on Select Major Players III-23
B.Market Analytics III-25
Table 68: The US Recent Past, Current & Future Analysis for
Aquaculture and Fisheries by Segment - Aquaculture and
Fisheries Markets Independently Analyzed with Annual
Consumption in Thousand Tons for Years 2010 through 2018
(includes corresponding Graph/Chart) III-25
Table 69: The US Historic Review for Aquaculture and
Fisheries by Segment - Aquaculture and Fisheries Markets
Independently Analyzed with Annual Consumption in Thousand
Tons for Years 2004 through 2009 (includes corresponding
Graph/Chart) III-26
Table 70: The US 15-Year Perspective for Aquaculture and
Fisheries by Segment - Percentage Breakdown of Volume
Consumption for Aquaculture and Fisheries Markets for Years
2004, 2011 & 2018 (includes corresponding Graph/Chart) III-26
2. CANADA III-27
A.Market Analysis III-27
Current and Future Analysis III-27
Fishing Industry Wrestles with Recession III-27
Production & Retail Statistics: III-28
Table 71: Canadian Aquaculture Production (excluding
Re-stocking) (2006-2010) - Production Volume in tons
(includes corresponding Graph/Chart) III-28
Table 72: Canadian Aquaculture Production by type (2010) -
Production Volume in tons for Finfish (Salmon, Trout, Other
Finfish) and Shellfish (Mussels, Oysters, Clams, Scallops
and Other Shellfish) (includes corresponding Graph/Chart) III-28
Table 73: Canada Aquaculture Production by Province (2010) -
Production Volume in tons for British Columbia, New
Brunswick, Prince Edward Island, Newfoundland and Labrador,
Nova Scotia, Ontario, Quebec and Others (includes
corresponding Graph/Chart) III-29
Table 74: Canadian Finfish Production (2006-2010) -
Production Volume in tons (includes corresponding
Graph/Chart) III-29
Table 75: Canadian Shellfish Production (2006 - 2010) -
Production Volume in tons (includes corresponding
Graph/Chart) III-30
Table 76: Canadian Fish and Seafood Market by Retail
Channel (2011): Percentage Share Breakdown for Foodservice,
Supermarkets, and Specialty Stores/Open Markets (includes
corresponding Graph/Chart) III-30
Export & Import Statistics III-31
Table 77: Canadian Seafood Exports by Type of Species
(2010) - Percentage Breakdown for Lobster, Salmon, Crab,
Shrimp, Groundfish, Freshwater, Herring, and Others
(includes corresponding Graph/Chart) III-31
Table 78: Canadian Exports of Aquaculture Products by
Country of Destination (2010): Export Volume for United
States, France, Japan, Taiwan, and Others III-31
Table 79: Canadian Exports of Aquaculture Products to the
United States by Major Cities (2010): Percentage Share
Breakdown of Volume Exports for Massachusetts, Maine, New
York, California, Washington, and Others (includes
corresponding Graph/Chart) III-32
Table 80: Canadian Fish & Shellfish Commercial Catch
Landings (2010): Breakdown of Landings in ‘000 US$ of Live
Weight Fish and Shellfish (includes corresponding
Graph/Chart) III-33
Table 81: Canadian Imports of Fish & Seafood by Country of
Origin (2010): Percentage Breakdown by Volume for the
United States, China, Thailand, Vietnam, Chile, and Others
(includes corresponding Graph/Chart) III-33
Table 82: Canadian Seafood Exports by Country of
Destination (2010) - Percentage Breakdown for US, Europe,
Japan, China and Others (includes corresponding
Graph/Chart) III-34
Table 83: Canadian Exports of Groundfish by Country of
Destination (2010): Volume Exports in MT for United
States, Asia, Europe and Other (includes corresponding
Graph/Chart) III-34
Table 84: Canadian Imports of Flatfish by Country of
Origin (2010): Value Imports in US$ for United States,
Japan, India, Norway, Iceland, Mexico, Costa Rica, Italy
(including Vatican City), Australia and Others (includes
corresponding Graph/Chart) III-34
Table 85: Canadian Exports of Flatfish by Country of
Destination (2010): Value Exports in US$ Thousand for
United States, South Korea and China (includes
corresponding Graph/Chart) III-35
Table 86: Canadian Imports of Frozen Lobster by Country of
Origin (2010): Value Imports in US$ Thousand for
Re-Imports (Canada), United States, Bahamas, Belize,
Mexico, Iceland, Mozambique, Turks and Caicos Islands,
Honduras and Haiti III-35
Table 87: Canadian Exports of Lobster by Country of
Destination (2010): Value Exports in ‘000 US$ for United
States, Japan, France (including Monaco and French
Antilles), Spain, Italy (including Vatican City), Belgium,
Netherlands, Germany, South Korea, United Kingdom and
Others (includes corresponding Graph/Chart) III-36
Table 88: Canadian Imports of Salmon by Country of Origin
(2010): Value Imports in US$ for Norway, Chile, United
States, Re-Imports (Canada), and France (including Monaco
and French Antilles) (includes corresponding Graph/Chart) III-36
Table 89: Canadian Exports of Salmon (Atlantic/Danube
(Except Livers Or Roes) - Frozen (Excl Fish Fillets)) by
Country of Destination (2010): Value Exports for United
States, Vietnam and Hong Kong) (includes corresponding
Graph/Chart) III-37
Table 90: Canadian Imports of Salmon (prepared or
preserved, whole or in pieces, not minced) (2010) by
Country of Origin - Value Imports in ‘000 US$ for United
States, Thailand, China, Norway, Denmark, and Others III-37
Table 91: Canadian Exports of Canned Salmon by Country of
Destination (2010): Value Exports in US$ for United
Kingdom, Australia, New Zealand, Belgium, United States,
Italy (including Vatican City), Japan, Ireland,
Netherlands and France (including Monaco and French
Antilles) (includes corresponding Graph/Chart) III-38
Strategic Corporate Initiatives III-38
B.Market Analytics III-39
Table 92: Canadian Recent Past, Current & Future Analysis
for Aquaculture and Fisheries by Segment - Aquaculture and
Fisheries Markets Independently Analyzed with Annual
Consumption in Thousand Tons for Years 2010 through 2018)
(includes corresponding Graph/Chart) III-39
Table 93: Canadian Historic Review for Aquaculture and
Fisheries by Segment - Aquaculture and Fisheries Markets
Independently Analyzed with Annual Consumption in Thousand
Tons for Years 2004 through 2009 (includes corresponding
Graph/Chart) III-40
Table 94: Canadian 15-Year Perspective for Aquaculture and
Fisheries by Segment - Percentage Breakdown of Volume
Consumption for Aquaculture and Fisheries Markets for Years
2004, 2011 & 2018 (includes corresponding Graph/Chart) III-40
3. JAPAN III-41
A.Market Analysis III-41
Current and Future Analysis III-41
Market Overview III-41
Tsunami and Thereafter . III-41
Table 95: Japanese Fishery and Aquaculture Production by
Category (2011): Production Volume for Marine (Fisheries
and Aquaculture) and Inland Water (Fisheries and
Aquaculture) (includes corresponding Graph/Chart) III-42
Exports and Imports (EXIM) Statistics III-42
Table 96: Japanese Imports of Salmon & Trout by Country of
Origin (2010): Percentage Share Breakdown of Value Imports
for Chile, Norway, US, Russia and Others (includes
corresponding Graph/Chart) III-42
Table 97: Japanese Shrimp Imports by Country of Origin
(2010): Percentage Share Breakdown of Volume Imports for
Vietnam, Indonesia, Thailand, India, China, and Others
(includes corresponding Graph/Chart) III-43
Table 98: Japanese Frozen Shrimp Imports (2010): Volume
Imports in ‘000 tons by Select Countries - Vietnam,
Indonesia, Thailand, India, China, Canada, Russia,
Greenland, Myanmar, Malaysia, Philippines, Bangladesh and
Others (includes corresponding Graph/Chart) III-43
B.Market Analytics III-44
Table 99: Japanese Recent Past, Current & Future Analysis
for Aquaculture and Fisheries by Segment - Aquaculture and
Fisheries Markets Independently Analyzed with Annual
Consumption in Thousand Tons for Years 2010 through 2018
(includes corresponding Graph/Chart) III-44
Table 100: Japanese Historic Review for Aquaculture and
Fisheries by Segment - Aquaculture and Fisheries Markets
Independently Analyzed with Annual Consumption in Thousand
Tons for Years 2004 through 2009) (includes corresponding
Graph/Chart) III-45
Table 101: Japanese 15-Year Perspective for Aquaculture and
Fisheries by Segment - Percentage Breakdown of Volume
Consumption for Aquaculture and Fisheries Markets for Years
2004, 2011 & 2018 (includes corresponding Graph/Chart) III-46
4. EUROPE III-47
A.Market Analysis III-47
Current and Future Analysis III-47
Market Overview III-47
An Insight into the European Fisheries Market III-47
Table 102: European Market for Smoked Salmon (2011):
Percentage Breakdown by Volume Production for France,
Germany, UK, Italy, Scandinavia, Spain and Others
(includes corresponding Graph/Chart) III-48
Table 103: Per Capita Consumption of Fish in Europe by
Country (2011): Portugal, Spain, France, Italy, Greece,
and Other EU-25 Countries (In Kgs Per Year) (includes
corresponding Graph/Chart) III-48
Sustainable Fishing: An Emerging Trend III-49
Market Segmentation III-49
The EU: The Key Importer of Fishery Products III-49
Table 104: Danish Imports of Shrimps by Country of Origin -
(2009): Percentage Breakdown of Volume Imports for
Greenland, Canada, Faroe Island, UK, Netherlands, Iceland,
Thailand, Vietnam, India, Norway, China, and Others
(includes corresponding Graphs/Chart) III-50
Table 105: Spanish Imports of Shrimps by Country of Origin -
(2009): Percentage Share Breakdown of Volume Imports for
China, Ecuador, Argentina, Morocco, Nicaragua, Colombia,
Belgium, Netherlands, Cuba, and Others (includes
corresponding Graphs/Chart) III-50
Table 106: French Imports of Shrimps by Country of Origin
(2009): Percentage Share Breakdown of Volume Imports by
Select Country of Origin for Ecuador, India, Colombia,
Netherlands, Brazil, Madagascar, Thailand, Vietnam,
Indonesia, Belgium, Spain, Denmark, Venezuela, Bangladesh,
and Others (includes corresponding Graphs/Chart) III-51
Table 107: Italian Imports of Shrimps by Country of Origin -
(2009): Percentage Share Breakdown of Volume Imports by
Select Country of Origin for Ecuador, Spain, India,
Denmark, Argentina, China, Netherlands, Thailand, UK,
Indonesia, and Others (includes corresponding
Graphs/Chart) III-51
Common Fisheries Policy in the European Union III-52
B.Market Analytics III-53
Table 108: European Recent Past, Current & Future Analysis
for Aquaculture and Fisheries by Geographic Region - France,
Germany, Italy, Spain, the UK, Spain, and Rest of European
Markets Independently Analyzed with Annual Consumption in
Thousand Tons for Years 2010 through 2018 (includes
corresponding Graph/Chart) III-53
Table 109: European Historic Review for Aquaculture and
Fisheries by Geographic Region - France, Germany, Italy,
Spain, the UK, Spain, and Rest of European Markets
Independently Analyzed with Annual Consumption in Thousand
Tons for Years 2004 through 2009 (includes corresponding
Graph/Chart) III-54
Table 110: European 15-Year Perspective for Aquaculture and
Fisheries by Geographic Region - Percentage Breakdown of
Volume Consumption for France, Germany, Italy, Spain, the
UK, and Rest of European Markets for Years 2004, 2011 & 2018
(includes corresponding Graph/Chart) III-55
Table 111: European Recent Past, Current & Future Analysis
for Aquaculture and Fisheries by Segment - Aquaculture and
Fisheries Markets Independently Analyzed with Annual
Consumption in Thousand Tons for Years 2010 through 2018)
(includes corresponding Graph/Chart) III-56
Table 112: European Historic Review for Aquaculture and
Fisheries by Segment - Aquaculture and Fisheries Markets
Independently Analyzed with Annual Consumption in Thousand
Tons for Years 2004 through 2009 (includes corresponding
Graph/Chart) III-57
Table 113: European 15-Year Perspective for Aquaculture and
Fisheries by Segment - Percentage Breakdown of Volume
Consumption for Aquaculture and Fisheries Markets for Years
2004, 2011 & 2018 (includes corresponding Graph/Chart) III-58
4a. FRANCE III-59
A.Market Analysis III-59
Current and Future Analysis III-59
Market Overview III-59
Strategic Corporate Initiative III-59
B.Market Analytics III-60
Table 114: French Recent Past, Current & Future Analysis for
Aquaculture and Fisheries by Segment - Aquaculture and
Fisheries Markets Independently Analyzed with Annual
Consumption in Thousand Tons for Years 2010 through 2018
(includes corresponding Graph/Chart) III-60
Table 115: French Historic Review for Aquaculture and
Fisheries by Segment - Aquaculture and Fisheries Markets
Independently Analyzed with Annual Consumption in Thousand
Tons for Years 2004 through 2009 (includes corresponding
Graph/Chart) III-61
Table 116: French 15-Year Perspective for Aquaculture and
Fisheries by Segment - Percentage Breakdown of Volume
Consumption for Aquaculture and Fisheries for Years 2004,
2011 & 2018 (includes corresponding Graph/Chart) III-62
4b. GERMANY III-63
A.Market Analysis III-63
Current and Future Analysis III-63
Market Overview III-63
Imports Statistics III-63
Table 117: German Frozen Alaska Pollock Fillets Imports by
Country of Origin: Percentage Share Breakdown in Volume
for China, US, Russia, and Others (includes corresponding
Graph/Chart) III-63
Table 118: German Frozen Cod Fillets Imports by Country of
Origin (2010): Percentage Share Breakdown in Volume for
Poland, China, Denmark, Russia, Iceland, Norway and Others
(includes corresponding Graph/Chart) III-64
B.Market Analytics III-64
Table 119: German Recent Past, Current & Future Analysis for
Aquaculture and Fisheries by Segment - Aquaculture and
Fisheries Markets Independently Analyzed with Annual
Consumption in Thousand Tons for Years 2010 through 2018
(includes corresponding Graph/Chart) III-64
Table 120: German Historic Review for Aquaculture and
Fisheries by Segment - Aquaculture and Fisheries Markets
Independently Analyzed with Annual Consumption in Thousand
Tons for Years 2004 t
