Roee Nir, CEO and Co-Founder of Forsea Forsea, a pioneering company in the cultivated seafood industry, is making significant strides with its innovative approach to developing cultured eel as its flagship product. By utilising proprietary organoid technology, Forsea aims to tackle the declining eel population while providing a sustainable and[Read More…]
Tag: seafood
Japan’s Maruha Nichiro announces rebranding to Umios Corp from 2026
As part of its strategic roadmap to 2035, the company plans to establish a consumer-driven value cycle and integrate sustainability into its business model Japanese seafood company Maruha Nichiro has revealed plans to rebrand as Umios Corp., effective March 1, 2026, pending shareholder approval at its general meeting on June[Read More…]
South Australia exports 400 tonnes of lobster to China
China’s demand for other seafood also increased in the year to January 2025, with tuna exports up 752 per cent to $9.3 million South Australia’s Southern Rock Lobster has been snapped up by Chinese consumers following the lifting of live lobster trade restrictions at the end of 2024. In the[Read More…]
Japanese consumers support cultured eel: Forsea poll
Consumers expect cultured eel options will create a new secure, sustainable and affordable supply channel for eels A recent survey conducted by cultured seafood innovator Forsea, Ltd. reveals an openness among Japanese consumers toward eel alternatives, including cultured versions. Consumers expect cultured eel options will create a new secure, sustainable and[Read More…]
Seafood leads global protein production growth: Rabobank Global Animal Protein Outlook 2025
The Rabobank report said aquaculture and wild catch are projected to grow by 2.3 per cent year-on-year, rebounding from a 0.3 per cent decline in 2024 In 2025, economic conditions, geopolitics, and supply availability will significantly influence global animal protein markets, according to RaboResearch’s Global Animal Protein Outlook. While demand remains[Read More…]
Australia’s record-breaking wine exports to China
In November 2024 alone, South Australian wineries sold 11.8 million litres of wine, valued at more than $93 million Recent data from the Australian Bureau of Statistics (ABS) reveals that South Australian exports to China have reached new record levels. The state’s efforts to diversify its markets are proving successful,[Read More…]
Australian seafood to make impact in Chinese market
South Australian Southern Rock Lobster fisheries remain the state’s most valuable wild catch fishery with exports valued at $40 million in the year to October 2024 South Australia’s Southern Rock Lobster is ready to splash back into the Chinese market after officially lifting trade restrictions. Valued at over $20 billion[Read More…]
Vietnam’s seafood exports hit $10Bn
Shrimp and pangasius contributed 60 per cent of the total revenue, with shrimp exports rising 16.7 per cent to $4 billion and pangasius growing 8.9 per cent to $2 billion compared to 2023 Vietnam’s Seafood exports hit $10 billion in 2024, bolstered by shrimp and pangasius, despite challenges in markets,[Read More…]
EU Fish Market report 2024 reveals trends and insights
EU consumers have eaten more fresh seafood products at home, mostly due to the impact of COVID-19 on the restaurant and hotel sector The Commission has released the EU Fish Market Report 2024, focusing on the fishery and aquaculture market’s performance in 2022-2023. According to the report, 2023 saw a decrease[Read More…]
GSA releases seafood processing standard version 6.0
This new framework was designed specifically to improve audit efficiencies, provide elevated assurances for farm-raised and wild-caught seafood to consumers Global Seafood Alliance (GSA) announced the official release of the Seafood Processing Standard (SPS) version 6.0. Key features of the standard include a restructured modular framework built around core food[Read More…]
