Japan Sustainable Seafood Market was valued at USD 2.8 Billion in 2022 and is projected to reach USD 5.0 Billion by 2030, growing at a CAGR of 8.0% from 2024 to 2030.
Japan's sustainable seafood market is undergoing a transformative phase, driven by increasing global awareness of environmental conservation and responsible consumption. The nation's seafood industry, traditionally rooted in rich fishing practices, now faces the imperative to align with sustainable standards to ensure long-term viability. **Current Landscape of Japan's Sustainable Seafood Market** - **Certification Adoption**: As of 2022, Japan has seen a gradual increase in certifications. The Marine Stewardship Council (MSC) has certified 14 fisheries, while the Aquaculture Stewardship Council (ASC) has certified 82 companies. Despite these numbers, the overall adoption rate remains modest compared to global counterparts. citeturn0search2 - **Consumer Awareness**: Public recognition of sustainable seafood labels is limited. Surveys indicate that less than 10% of Japanese consumers are familiar with ecolabels, hindering market demand for certified products. citeturn0search0 **Industry Requirements for Sustainable Practices** 1. **Enhanced Data Collection**: Effective fisheries management necessitates comprehensive data on catch volumes, species, and bycatch. Japan's current data collection is fragmented, making it challenging to meet international certification standards. citeturn0search2 2. **Supply Chain Transparency**: Opaque supply chains can obscure illicit activities like illegal fishing. Implementing digital traceability systems is crucial to ensure product authenticity and sustainability. citeturn0news25 3. **Stakeholder Collaboration**: Cooperation among fishermen, distributors, retailers, and government bodies is vital. Aligning goals and sharing best practices can drive the collective shift toward sustainability. 4. **Consumer Education**: Raising public awareness about the importance of sustainable seafood can stimulate demand, encouraging more businesses to adopt certified practices. **Challenges and Opportunities** - **Cultural Preferences**: Traditional tastes and consumption habits may resist change. However, integrating sustainability into cultural practices offers an opportunity to preserve heritage while promoting environmental responsibility. - **Economic Implications**: Transitioning to sustainable methods may entail higher initial costs. Yet, in the long run, it can lead to resource preservation, ensuring the industry's future profitability. - **Global Competitiveness**: Aligning with international sustainability standards can enhance Japan's seafood market reputation, opening avenues in markets that prioritize eco-friendly products. **Personal Reflection** Having observed the evolution of Japan's seafood industry, it's evident that embracing sustainability is not just an environmental obligation but a strategic move for economic resilience. The journey toward widespread certification and consumer acceptance may be gradual, but with concerted efforts, Japan can set a precedent in harmonizing tradition with modern sustainability imperatives.
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M.F. Foley Company
Inc
Walker Seafoods
Zoneco Group Co.
Ltd
Maruha Nichiro Corporation
Austral Fisheries
Nippon Suisan Kaisha
Ltd
Thai Union Group
Marine Harvest ASA
AgriMarine Holdings
Pacific Andes Group
Kyokuyo Suisan Co.
Ltd.
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Japan Sustainable Seafood Market
Fresh Seafood
Frozen Seafood
Canned Seafood
Processed Seafood
Wild-Caught
Farmed Seafood
Fish
Shellfish
Cephalopods
Crustaceans
Marine Stewardship Council (MSC) Certified
Aquaculture Stewardship Council (ASC) Certified
Friend of the Sea (FOS) Certified
Retail
Foodservice
Industrial
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the Japan Sustainable Seafood Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Japan Sustainable Seafood Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Japan Sustainable Seafood Market, By Type
6. Japan Sustainable Seafood Market, By Application
7. Japan Sustainable Seafood Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. Japan Sustainable Seafood Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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