The global seafood market is poised to grow considerably over the remainder of the decade, with the U.S. market playing a key role in that expansion.
The U.S. is one of the world’s largest importers of fish and fisheries products, importing about 80 percent of seafood eaten, with aquaculture producing more than half of that. A primary factor driving this expansion is the increasing demand for high-protein food and the growing health, environment, and sustainability consciousness of consumers and upstream businesses.
That’s the short story. The longer story is more complex.
New tariff policies and shifting regulations could impact the North American and global supply chain, as could fluctuations in energy prices, sustainability and traceability requirements, and overall consumer finances. Furthermore, the industry will be affected by the economic outlook, technological and AI advances, investment choices, regional conflicts, and geopolitics.
None of these elements exist in a vacuum. In my keynote, I will connect these dots and discuss how the interdependence of the challenges and opportunities these factors present drives overall profitability and growth of the seafood industry.
