The National Fisheries Institute's Global Seafood Marketing Conference 2022 will be underway in Orlando, Florida from 18 to 20 January, and SeafoodSource editors are there to bring you all the latest news on the scene. Check back on this page periodically for all your GSMC 2022 updates.
As China’s economy continues to evolve and its trade relationship with the U.S. remains strained, it is likely other countries in Southeast Asia will take a larger role in processing seafood, according to a panel of experts at the National Fisheries Institute’s Global Seafood Market Conference.
Trade relations between the U.S. and China became suddenly more volatile when the administration of U.S. President Donald Trump implemented… Read More
Restaurant operators face significant challenges – especially finding enough employees – but have pent-up dining demand in their favor, according to B. Hudson Riehle, senior vice president of the National Restaurant Association Research and Knowledge Group.
Restaurants’ labor costs are running at the highest rate in more than 40 years, Riehle said at the National Fisheries Institute’s Global Seafood Market Conference… Read More
Global shrimp production has continued to trend upward, with a panel of experts at the National Fisheries Institute’s Global Seafood Market Conference predicting that global shrimp production will exceed 5 million metric tons (MT) in 2022.
Current predictions put the production at 5.011 million MT in 2022, a significant increase over the 4.569 million MT grown in 2021, which itself was an increase over the 4.086 million MT produced in… Read More
New predictive data from Kontali Analyse indicates that global production of farmed Atlantic salmon will remain relatively flat in 2022, even as demand continues its expected increase in pace.
The data, shared during the National Fisheries Institute’s Global Seafood Market Conference, predicts that the global supply of farmed Atlantic salmon will increase by roughly 1 percent in 2022. Of that total, North American production is expected to… Read More
Historically, conversations around logistics didn’t always reach the top level of the seafood industry’s decision-making hierarchy, but in the past two years, that has changed.
A Global Seafood Market Conference (GSMC) panel on Tuesday, 18 January, examined how logistics became top-of-mind for seafood executives, and how the COVID-19 pandemic has decimated the industry’s ability to use forecasting for business-planning… Read More
Fresh and frozen seafood hit record sales in 2021, and analysts speaking at the National Fisheries Institute’s Global Seafood Market Conference (GSMC) in Orlando, Florida, U.S.A. on Tuesday, 18 January expect the positive sales trend to continue.
The frozen seafood category realized “amazing numbers” last year, IRI Senior Vice President Protein Practice Chris DuBois said, as sales rose 2.8 percent compared to 2020 and 40.8… Read More
John Connelly will retire as the president of the National Fisheries Institute, the leading U.S. seafood industry trade group, he announced at the NFI Board of Directors meeting on Tuesday, 18 January.
Connelly made the announcement at the opening of NFI’s 2022 Global Seafood Market Conference, taking place 18 to 20 January, 2022, at the Omni Orlando Resort at ChampionsGate in Orlando, Florida, U.S.A. Connelly said he intends to retire by… Read More
At the beginning of the panel on premium finfish at the 2019 Global Seafood Market Conference in Coronado, California, on 15 January, moderator Derek Figueroa, the chief operating officer of Denver, Colorado, U.S.A.-based Seattle Fish Company, flashed a slide with the definition of both “premium” and “premium seafood.”
- Premium: Noun – a high-value or a value in excess of that normally or usually expected. Adjective
The reign of canned tuna in the shelf-stable seafood market may be slipping as tuna pouches gain more and more share of the market.
Tuna pouches now make up just over 16 percent of the shelf-stable seafood market, a market which accounts for USD 2.3 billion (EUR 2 billion) in sales. That percentage means tuna pouches now make up a larger dollar-share of the segment than sardines and salmon combined.
In 2018, the shelf-stable market… Read More
While almost half of all Americans eat little to no seafood, many Americans love the stuff – and are willing to spend more time shopping for it and more money to buy it so they can eat it regularly.
The Food Marketing Institute’s first-ever Power of Seafood survey of more than 2,000 U.S. shoppers found numerous reasons as to why more Americans aren’t buying seafood, and discovered hurdles preventing even the most ardent fans of… Read More