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The National Fisheries Institute's Global Seafood Marketing Conference 2024 will be underway in Orlando, Florida from 21 to 25 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 2024 updates.

Published on
January 22, 2024

Teaneck, New Jersey, U.S.A.-based Eastern Fish Company has been forced to make adjustments following Marubeni’s sale of North Pacific Seafoods in 2021, according to Eric Bloom, the company’s president and COO.

Marubeni, a Tokyo, Japan-based conglomerate, which reported USD 68 billion (EUR 62.4 billion) in sales and USD 4 billion (EUR 3.7 billion) in profit in 2022, acquired Eastern Fish in 2014 with the goal of strengthening its

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Published on
January 26, 2022

Emerging opportunities in Southeast Asia could be missed by businesses in the U.S. if the country continues to avoid multilateral trade agreements, according to a panel of experts at the National Fisheries Institute Global Seafood Market Conference …

Photo courtesy of Kirill

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Published on
January 24, 2022

Mexican, Latino, and Hispanic restaurants became the dominant seller of shrimp among foodservice operators in 2021, according to data shared at the National Fisheries Institute’s 2022 Global Seafood Market Conference …

Photo courtesy of Brent

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Published on
January 21, 2022

Higher lobster prices are pushing American consumers toward value-added products like tails or picked meat instead of live animals, according to Andrew Daughan, the director of sales and business development for Saco, Maine, U.S.A.-based Ready Seafood ... 

Photo courtesy of Tara

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Published on
January 21, 2022

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

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Published on
January 21, 2022

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

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Published on
January 20, 2022

The crab market “is at a place where it’s never really been before,” with constrictions in supply and astronomical prices, according to Chicken of the Sea Frozen Foods Vice President of Category Management Rob Kragh ... 

Photo courtesy of

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Published on
January 20, 2022

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

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Published on
January 20, 2022

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

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Published on
January 20, 2022

Pangasius is back on an upward trajectory for both 3-5 and 7-9 ounce boneless skinless frozen fillets, as prices reach new record highs, according to data shared during the National Fisheries Insitute’s Global Seafood Market Conference …

Photo courtesy of

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