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Fishing

What is the fishing industry?

The fishing industry is one of the agricultural sector’s time-honoured divisions. It encompasses seafood-related wares and services. Examples include fish and fish products. This includes storing, transporting, processing, producing, preserving, marketing and retailing such products. It is a segment that provides the livelihood and food to millions of individuals. Also, it generates food for a considerable number. As a result, it is a vital partner for the food and beverage industry. Likewise, it is linked to the maritime, transportation, refrigeration, and Ho.Re.Ca sectors. It results in an industry that employs internationally more than 58 million professionals.

Is the sector highly valued and innovative?

As a result, it is an industry that provides high value. For instance, it has recently reached a market value of $732.87 billion. It is also one of the central contributing sectors to the economies of countries such as Japan. Often, the industry implements innovations. This ensures that it can adapt to the latest challenges. Examples include sustainability and overfishing. The sector presents such novel solutions during annual or biannual trade expositions. These attract tens of thousands of participants to various countries. Many of them have time-honoured links to the industry. Examples include the Federative Republic of Germany and the Kingdom of Norway.