After the commercial fishing and aquaculture industries, Planet Tracker moves one notch down the seafood supply chain to investigate seafood processing companies, positioned half-way between harvesters and consumers. An under-researched industry, seafood processing is carried out by around 4,000 companies globally, which together handle most of the seafood produced globally.
This report has three purposes:
1. It maps out the universe of the seafood processing industry, analysing financials of public and private companies and establishing its key profit pools and sources of growth.
2. It also demonstrates how desirable traceability is for the seafood industry and outlines the opportunities of its industry-wide implementation, as well as the challenges to overcome, many of which are found at the processor level.
3. Lastly, it shows how seafood processing companies could become significantly more profitable and help increase the sustainability of the entire seafood industry by investing in traceability solutions.
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