Tag: Seafood

Report: Global Seafood Production Could Rise 20% to 2050

Global seafood demand per capita is expected to grow through 2050 according to a new Seafood Forecast report from Norwegian risk management firm Det Norske Veritas (DNV). The firm expects annual seafood production to reach 160 million …

How Do You Farm Salmon on Land?

Atlantic Sapphire marketing director Max Francia joined The Food Institute Podcast to discuss how the company produces land-farmed fish.

Shrimp: The New Seafood Value Proposition

When it comes to seafood, shrimp is, well, no shrimp. While other seafood prices have been on the upswing since the pandemic era, shrimp prices have remained affordable and stable, providing value opportunities for savvy …

Understanding the Snow Crab Crisis

The cancelation of the Alaskan snow crab season has upended an entire chain of fishing, restaurant, grocery, and wholesale industries with one of its seasonal (and most delicious) mainstays.

FI Live Replay: Turning the Tide with Plant-Based Seafood

In 2020, Americans consumed almost $5 billion worth of seafood, and shrimp was one of the top-performing categories at $435 million. Enter New Wave Foods, a company producing plant-based shrimp and attempting to disrupt the …

U.S. Sushi Industry Poised for Change on Supply Concerns

In America, the sushi business is booming. Yet, industry leaders like Taka Tanaka know change is on the horizon, creating uncertainty. Though America has a growing appetite for sushi – the segment is expected to …

Seafood Prices Spiking Amid Russian Sanctions

Sanctions against Russia for its invasion of Ukraine are hitting the supply of seafood in the U.S., sending prices higher. Data from IRI pegs fresh fish volume prices up 8.9% for the 52 weeks ended …

Can the Seafood Supply Chain Hold as Demand Rises?

While the seafood sector appears well positioned for growth, can the supply chain hold as demand rises? The Food Institute takes a closer look at some of the category’s recent developments. Supply chain implications as …

Gellert Global Group Acquires Assets Of Mitsui Foods, Inc.

Elizabeth, NJ, Nov. 2, 2021/FINewswire/– The Gellert Global Group has purchased specific assets of Mitsui Foods, Inc., a subsidiary of Mitsui & Co. (U.S.A.), Inc. Since 1953, Mitsui Foods has been importing fine grocery and …

Seafood Sales Riding Wave of ‘Blue Food’ Movement

Seafood sales continue to trend upward at the grocery store as health and environmental benefits sway more consumers towards so-called “blue foods” and restaurant accessibility remains in flux. Overall sales for the category totaled $16.8 …

FI Fast Break audio news: Oct. 12, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the potential impact of soaring fertilizer prices, manufacturing meltdowns in the heartland, and more. The Food Institute Podcast · FI Fast Break News …

Fish Supply in Jeopardy Amid Border Dispute

The U.S. is experiencing disputes over the fish supply at the Canadian border, mainly due to what’s known as the Jones Act. Here’s a look at the issues at play and how they could impact …

FI Fast Break audio news: Oct. 6, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine the projected uptick in holiday spending, the rise in seafood consumption, and more. The Food Institute Podcast · FI Fast Break News – …

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FI Fast Break audio news: Aug. 4, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we examine Kroger’s unique new ghost kitchen setup, how restaurants are addressing wage “compression,” and the dwindling American beer market. The Food Institute Podcast · …

‘Fishless’ Fish: The Next Big Thing in Vegan Food Industry

Plant-based meat alternatives have a longer history than some might realize. And, they have proven to be effective in replacing meat products without compromising quality and nutritional value. Plant-based fish has been gaining traction as …

FI Fast Break audio news: July 28, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we break down the surging prices of both seafood and coffee, vaccination requirements in California, and new unemployment statistics. The Food Institute Podcast · FI …

FI Fast Break audio news: July 21, 2021

This week, in The Food Institute’s quick-hitting, audio news podcast, we break down the major ingredient shortages multiple QSRs are dealing with, the growth of online grocery shopping, and the future of alternative seafood. The …

Analysts: Restaurant Customers Seeking Plant-Based Innovation

There’s no denying plant-based food has had a big year. However, the pandemic’s full impact on plant-based momentum in restaurants remains unclear. While the gears of product development are starting to turn again, some major brands have …

FI Seafood News: Shrimp Market Growing Significantly

Here’s a look into notable developments in the seafood market recently: SHRIMP’S ASCENT The global shrimp market size was valued at $31.6 billion in 2019, and is estimated to reach $54.6 billion by 2027, registering a CAGR of 9.2% …

Consumers Are Gearing Up for BBQ Season and Prioritizing Health

In preparation for the summer and warmer weather, consumers are spending big on barbecue supplies. Consumers increased purchases of barbecue-related consumer packaged goods products in April, according to NCSolutions. Nearly all barbecue categories grew faster …

UPDATE: Cell-Cultured Seafood Gaining Support

Would you eat lab-grown lobster? Cell-cultured seafood — protein produced directly from fish cells in nutrient-dense bioreactors — is getting ever closer to consumer’s plates. Investments in alt-seafood startups have seen an uptick over the …

Seafood Fraud Becoming a Costly Global Concern

Seafood mislabeling is rampant throughout the industry, accounting for as much as 55% of product sold in some countries with little regulatory framework in place to prevent the practices, an analysis by The Guardian indicated. …

U.S. Seafood Suppliers Facing Major, Problematic Backlog

An influx of imports, plus work forces being affected by the pandemic, are causing backlogs at major U.S. seafood ports leaving stranded containers of frozen fish on ships and docks. Freezers in key port cities …

Can U.S. Retailers Net Record Seafood Sales Again in 2021?

Retailers across the U.S. posted record seafood sales in 2020, according to data presented at the National Fisheries Institute’s Global Seafood Marketing Conference. Sales rose across all categories. Frozen seafood sales soared 35% to $7 …