The 15 Largest Seafood Suppliers In The World

From sushi to fish and chips, seafood dishes are prevalent in countries around the globe. Believe it or not, anywhere between 0.97 to 2.7 trillion wild fish are caught and then supplied to global markets every year.

Further, those numbers continue to grow each year. In 2017 alone, the average American consumed at least 16 lbs of fish, an increase of over a pound from the previous year.

With such large demand, it’s no surprise that there are several massive seafood companies all over the world. These companies both provide for their own countries, as well as export billions of pounds of fish to foreign countries.

So who are the largest seafood suppliers in the world? To answer that, we’ve gathered a list of the top 15 largest seafood suppliers in the world, based on revenue.

15 Largest Seafood Suppliers In The World

1. Marubeni America

   Headquarters: Tokyo, Japan
   2022 Revenue: $75.726 billion

   The Marubeni Corporation is a general trading company that handles a wide range of markets. The company’s food division sells mainly to consumers in the United States and Japan, with a considerable 6% share of the shrimp wholesale market in the US.

   Worldwide, Marubeni has a 10% handling share of wild red salmon and an over 50% share of Danish salmon in particular.

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2. Charoen Pokphand Foods

   Headquarters: Bangkok, Thailand
   2022 Revenue: $17.87 billion

   Based in Bangkok, Thailand, Charoen Pokphand Foods (CFP) is a massive food company with over 126,000 employees.

   The company produces everything from pork to animal feed, but in the context of this list, it’s the world’s largest producer of shrimp. Other than shrimp though, CFP also farms tilapia, basa, and other catfish species.

3. Maruha Nichiro

   Headquarters: Osaka, Japan
   2022 Revenue: $7.35 billion

   With at least 126 subsidiaries, 70 associated companies, and over 10,000 employees across several wealthy countries around the world, Maruha Nichiro earns its place on this list as the largest seafood company.

   For the most part, this company’s services include wild fishing, fish farming, food processing, trading, distribution, and other meat products.

   Due to recent concerns about climate change, Maruha Nichiro has created a Sustainability Management Plan, which intends to reduce their CO2 emissions and invest in renewable energy sources.

4. Dongwon Enterprise

   Headquarters: Seoul, South Korea
   2022 Revenue: $6.77 billion

   Specializing in processed food products, this South Korean company operates in at least 8 countries, some of which include China, the United States, and Australia.

   Generally speaking, some of the company’s most prominent products are their seafood, processed meat, dairy, frozen food, and fast food products.

5. Nissui Corporation

   Headquarters: Shimonoseki, Yamaguchi, Japan
   2022 Revenue: $5.56 billion

   Nissui Corporation (formally known as Nippon Suisan Kaish), is a Japanese seafood company specializing in fishing, general seafood, frozen food, and fine chemicals. Currently, the company has over 61 subsidiaries and 44 associated companies across Japan, the United States, Australia, New Zealand, and more.

   In 2005, Nissui was involved in global controversy when it decided to move away from large-scale whaling fleets. This divestment can be attributed to climate change and other ethical concerns.

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6. Mowi (Marine Harvest)

   Headquarters: Bergen, Norway
   2022 Revenue: $5.43 billion

   With a prominent 25 to 30% share of the global salmon and trout market, Mowi is a globally significant Norweigan seafood company. Mainly operating in Europe and North America, this company employs over 12,000 people and maintains over 250 freshwater sites, saltwater sites, hatcheries, and sea farms.

   Previously known as Marine Harvest, today’s Mowi is the result of a large-scale 2006 merger between Marine Harvest and Fjord Seafood. The two companies specialized in Atlantic Salmon, which has contributed to the massive amounts of salmon that Mowi currently provides worldwide.

7. Schouw Co.

   Headquarters: Aarhus, Denmark
   2022 Revenue: $4.84billion

   This Danish company is an industrial conglomerate that owns BioMar, a subsidiary that provides feed for large-scale fish farming. BioMar has over 1,000 employees and is known as the third-largest manufacturer of feed for industrial fish farming.

8. Thai Union Group

   Headquarters: Samut Sakhon, Thailand
   2022 Revenue: $4.4billion

   Founded in 1997, the Thai Union Group currently employs almost 50,000 people, and operates in over 10 countries from the United States to Norway. Some of the company’s most significant seafood products include tuna, shrimp, sardines, mackerel, salmon, and pet foods.

   However, the company isn’t limited to pet food products, as it also provides higher-end products for restaurants, hotels, and food catering businesses.

9. Austevoll Seafood

   Headquarters: Storebø, Norway
   2022 Revenue: $2.95 billion

   With operations in Norway, the United Kingdom, Peru, and Chile, Austevoll Seafood is a major global seafood provider. In general, the company maintains several fishing vessels, fishmeal plants, canning plants, freezing plants, and salmon farms in these locations.

   Austevoll is most well-known for owning Austral and Lerøy, which are two of the company’s largest subsidiaries.

Trident Seafoods

Headquarters: Seattle, Washington, United States
2022 Revenue: $2.6 billion

Trident Seafoods is a private Washington-based seafood company that employees roughly 9,000 employees. The company operates fishing ships and processing plants, as well as distributing frozen, canned, smoked, and ready-to-eat seafood products.

Worldwide, Trident is a leading provider of seabass, cod, crab, flounder, halibut, mahi-mahi, salmon, shrimp, trout, swordfish, tilapia, and tuna.

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10. Red Chamber

    Headquarters: Vernon, California, United States
    2022 Revenue: $2.2 billion

    Providing a considerable variety and quantity of fish to the market, including shrimp, catfish, cod, haddock, swordfish, halibut, perch, pollock, salmon, scallops, mussels, and squid, the Red Chamber Group earns its place as the largest seafood supplier in the United States.

    Currently, the company employs around 1,700 employees and specializes in the import, export, and distribution of seafood products.

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SalMar

Headquarters: Frøya, Norway
2022 Revenue: $2.0 billion

Established fairly recently in 1991, SalMar is a Norweigan fish farming company with roughly 1,500 employees. The company’s main specialty is in farmed salmon, and it provides the fish to consumers across Norway, Asia, Canada, the Russian Federation, and the United States.

11. Kyokuyo

    Headquarters: Tokyo, Japan
    2022 Revenue: $1.9 billion

    Established in 1937, Kyokuyo is a Tokyo-based seafood supplier with over 2,000 employees spread out across its subsidiaries. The company’s main products are full-cycle farmed bluefin tuna and imitation crab meat.

12. F.C.F. Fishery Co.

    Headquarters: Kaohsiung, Taiwan
    2019 Revenue: $1.7 billion

    Founded in 1972, F.C.F. Fishery Co. has grown to become the largest supplier of tuna in the world. The company operates in several countries, from Ghana to Uruguay.

    Recently, after the 2019 bankruptcy of Bumble Bee Foods, F.C.F swooped in and acquired the other company.

13. Cooke Aquaculture Inc.

    Headquarters: Blacks Harbour, New Brunswick, Canada
    2021 Revenue: $1.6 billion

    Cooke Aquaculture is a Canadian seafood company with several salmon and seabass farming operations across Atlantic Canada, the United States Chile, Scotland, and Spain.

    Cooke’s fishing division also catches a wide variety of northern species, from halibut to crab. In total, the company harvests over 17 species of fish in North America, South America, and Europe.

14. Astoria Pacific Seafoods

    Headquarters: Clackamas, Oregon, United States
    2022 Revenue: $1.6 billion

    Founded in 1941, Pacific Seafood is a United States seafood company specializing in general seafood, shellfish, meat, poultry, and assorted deli items. Today, the company has over 2,500 employees and processes seafood all along the west coast, from Alaska to Mexico.

    The company is known for its environmental and food safety practices, some of its most noteworthy accomplishments being the use of 100% recyclable, moisture-resistant boxes, as well as a waste reduction plan that diverts over 600,000 pounds of material from landfills every year.

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15. Skretting

    Headquarters: Stavanger, Norway
    2021 Revenue: $1.1 billion

    Established in 1899, Skretting is currently the world’s largest producer of feeds for farmed fish. The company has almost 3,000 employees and produces an astonishing 2 million tonnes of feed for over 60 species of fish annually.

    Interestingly, Skretting’s specialization in aquaculture means that a majority of the company’s fishing operations are actually meant to feed farmed fish.

Seafood Industry FAQ

1. Who is the largest seafood producer in the world?

   The largest seafood supplier in the world is Marubeni America. With a revenue of $75.726 billion in 2022, Maurbeni America is the largest seafood producer in the world. The second largest seafood supplier in the world is Charoen Pokphand Foods with a revenue of $17.87 billion in 2022.

2. Which country is the largest exporter of seafood?

   China is the largest exporter of seafood. This is both in terms of value and volume. In 2017, the value of Chinese seafood exports was estimated to be just over $20 billion. The second largest exporter of seafood is Norway.

3. How big is the global seafood industry?

   In 2022, the global seafood industry was estimated to have a market size of $257 billion. This is a significant increase from previous years. The global seafood industry also has a CAGR of 6.23% through 2027.

Author

Jack Flynn

Jack Flynn is a writer for Zippia. In his professional career he’s written over 100 research papers, articles and blog posts. Some of his most popular published works include his writing about economic terms and research into job classifications. Jack received his BS from Hampshire College.