Australian seafood industry makes sustainability push to target Western markets

Published May 8, 2024

Tridge summary

The Australian seafood industry is expanding its reach into the U.S., Canada, and Europe, attracted by changing consumer trends and sustainability preferences in these markets. The industry's focus on sustainability, highlighted by increasing MSC and Aquaculture Stewardship Council certifications, has found favor in these markets. Australian seafood exports a variety of premium products and is overcoming the distance barrier to these markets through innovation and strict environmental practices. The industry's strategy includes showcasing native species like abalone, western rock lobster, and octopus, and is aimed at building long-term, reliable partnerships.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

After mainly focusing on supplying Asia with its products, the Australian seafood industry has made an expanded push into the U.S., Canadian, and European markets over the past few years, appealing to changing consumer trends across these landscapes.Asia has historically been the primary market for Australian seafood due to its proximity and desire for premium products, but alternative shipping arrangements and sustainability initiatives have allowed the sector to expand beyond its Eastern partners, Australian Trade and Investment Commission (Austrade) Senior Business Development Manager Manuel Barbera told SeafoodSource at the 2024 Seafood Expo Global, which took place from 23 to 25 April in Barcelona, Spain.“Over the last couple of years, globally, there have been supply chain issues with everything going on around the world, but in terms of seafood, the markets have developed for the Australian industry,” Barbera said.The industry's sustainability initiatives have particularly ...

Source: Seafoodsource