The market is dominated by foreign suppliers, as imports account for 76.1% of total market size in 2020. Households drive market demand, with household spending representing 83.7% of total demand in 2020. Canada has the 11th largest market size for fish and fish products across the top 20 developed countries, with demand reaching USD3.8 billion in 2020. Marine Harvest Canada Inc is the largest company in Canada, generating 10.5% of the industry’s total production value in 2020. The industry is fragmented, with the top five companies generating 39.4% of total production value in 2020. The total number of companies increases in 2020, to 1,076 units. The costs of the industry decrease by 1.6% in 2020, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 3.7% of production value in 2020, the 20th highest across the top 20 developed countries. The industry’s exports share increases in 2020 to 80.4% of total production output. With production value of USD3.6 billion, Canada accounts for 28.2% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Fish and Fish Products in Canada: ISIC 1512. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fish and Fish Products in Canada: ISIC 1512 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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