Trends in the Canadian seafood market

High interest in sustainable seafood… Certification acquisition is important As of 2023, 61% of fish caught Acquired Marine Stewardship Council (MSC) certification Consumers consider environmental protection important Import of tuna and skipjack tuna meat in Korea Import share is low but continues to grow Need to increase price competitiveness by utilizing zero tariffs The Canadian seafood market is currently worth approximately CAD 11 billion. Annual seafood consumption per household in 2021 was CAD 314, an average annual increase of 5.6% from 2017 to 2021, and is expected to reach CAD 348.1 in 2026. A recent major trend in the Canadian seafood market is the increasing demand for sustainable seafood. As of 2023, 61% of fish caught in Canada will be sustainable products certified by the Marine Stewardship Council (MSC), a 280% increase from 2018. This change seems to reflect the trend of Canadian consumers valuing environmental protection and sustainability. Canada's import value ...