Overview of China Fisheries & Seafood Expo 2024
Date & Venue:
The China Fisheries & Seafood Expo 2024 will be held from October 30 to November 1, 2024, at the Hongdao International Convention and Exhibition Center, located in Qingdao, China. This modern venue is equipped to host one of the largest gatherings of seafood professionals from around the world.
About:
The China Fisheries & Seafood Expo (CFSE) is the world's largest and most comprehensive seafood trade fair, attracting global industry leaders, suppliers, and buyers. This event is a pivotal platform for fostering connections in the seafood industry, showcasing innovative solutions, and exploring the latest trends in aquaculture, seafood processing, and global trade. With China being the world's largest seafood market, CFSE 2024 serves as a gateway for businesses looking to tap into this thriving industry.
Industry Segments:
Seafood processing, aquaculture, fisheries, packaging, logistics, cold chain technology, seafood trading, sustainable fishing technologies, value-added seafood products.
Market Size & Overview of the Industry Segment:
The global seafood market was valued at over $160 billion in 2022 and is projected to grow at a CAGR of 3.5% through 2030, driven by rising seafood consumption and demand for sustainable and value-added products. China, the world's largest seafood consumer, plays a critical role, accounting for over 35% of global consumption. The aquaculture and fisheries sectors are significant contributors to this growth, with China producing over 65 million metric tons annually. CFSE 2024 highlights these key growth areas, offering opportunities for industry stakeholders to capitalize on this dynamic market.
Attendance & Participation:
The expo expects over 40,000 seafood professionals from 120 countries, including importers, exporters, distributors, retailers, foodservice operators, and aquaculture professionals. With over 1,680 exhibitors representing 51 countries, CFSE 2024 provides unparalleled networking and collaboration opportunities.
Who Should Visit:
- Seafood Importers & Exporters: To explore new suppliers and markets.
- Distributors & Retailers: To discover innovative products and packaging solutions.
- Foodservice Operators: To connect with suppliers of high-quality seafood products.
- Aquaculture Professionals: To learn about the latest technologies and sustainable practices.
- Logistics and Packaging Experts: To find cutting-edge solutions in cold chain and seafood packaging.
- Industry Analysts & Researchers: To gain insights into market trends and industry innovations.
Exhibitor Analysis of China Fisheries & Seafood Expo 2024
Top 5 Major Exhibitors:
- Ningbo Today Food Co., Ltd. - Founded in 2000, Ningbo Today Food Co., Ltd. is one of the largest tuna processing bases in China. The company specializes in producing frozen pre-cooked tuna loins, canned tuna, and other seafood products. It operates in a 45,000 square meter facility with an annual production capacity of 50,000 tons of raw tuna. The company is committed to providing eco-friendly, healthy, and nutritious food products worldwide and has expanded into the production of marine bio-tech products, including refined fish oil and hypoglycemic peptides.
- Baby Marine Eastern Exports - Established in 1985, Baby Marine Eastern Exports is a prominent seafood exporting firm in India, specializing in the processing and export of a diverse range of seafood products. The company caters to quality-conscious supermarket chains such as Metro, Carrefour, and Auchan. With state-of-the-art processing facilities located along India's southern coastline, including Mandapam in Tamil Nadu and corporate offices in Kochi, Kerala, the company is equipped with advanced infrastructure like cooking lines, IQF machines, brine freezers, blast freezers, contact freezers, and flake ice makers. Baby Marine Eastern Exports holds certifications including BRC, HACCP, and EU approvals, ensuring adherence to international quality standards.
- Dalian Zhihui Fishery Group Co., Ltd.. - Dalian Zhihui Fishery Group Co., Ltd. was established in 2005 and is located in Changhai County, Dalian City. It is the largest cultivation base of sea scallops in China. The company specializes in processing shellfish, including pen shell meat, half shell, sea scallop adductor, and bay scallop adductor. With a strong focus on quality, the company exports its products to various international markets, providing premium seafood products that meet rigorous industry standards.
- Qingdao CITSource Food Science & Technology Co., Ltd. - Qingdao CITSource Food Science & Technology Co., Ltd. specializes in producing savory flavors and food ingredients. They focus on high-quality seafood, meat, and vegetable flavors and are a key player in flavor and food additive research and application.
- Shanghai Fuyu Industrial Co., Ltd. - Shanghai Fuyu Industrial Co., Ltd. is a commodities supplier and trading company specializing in metal ores, heavy machinery and components, building materials, and semi-processed raw materials. Leveraging a global network of associated companies, Shanghai Fuyu facilitates bespoke international trade in a seamless manner. The company is committed to providing tailored solutions that address the unique needs of each client, ensuring efficient and effective trade operations.
Participating Countries:
- Total Participating Countries: 51
- Top 5 Participating Countries (Percentage):
- China: 69%
- India: 3%
- Russia: 2%
- Canada: 2%
- South Korea: 2%
Major Types of Companies:
- Total Unique Company Types: 139
- Top 5 Company Types (Percentage):
- Exporters: 57%
- Food Processors: 56%
- Equipment Manufacturers: 13%
- Importers: 8%
- Technology Services: 7%
Major Product Categories:
- Total Unique Product Categories: 693
- Top 5 Product Categories (Percentage):
- Seafood: 59%
- Food Processing Machines and Equipment: 8%
- Packaging: 5%
- Consulting and Professional Services: 4%
- Fruits and Vegetables: 3%
Major Product Items:
- Total Unique Product Items: 7,729
- Top 15 Products (Comma Separated): Frozen Fish, Squid, Frozen Seafood, Frozen Shrimp, Frozen Squid, Shrimp, Fresh Fish, Octopus, Mackerel, Processed Fish, Snow Crab, Lobster, Pink Salmon, Cod, Roasted Seaweed.
This analysis offers a comprehensive understanding of the exhibitor landscape at the China Fisheries & Seafood Expo 2024.
Interesting Insights of China Fisheries & Seafood Expo 2024
Exhibiting Countries of Top 5 Company Types
- Exporter - China, India, Russia, Canada, South Korea, Malaysia, USA, Japan, Vietnam, Thailand, Indonesia, Singapore, UAE
- Food Processor - China, India, Russia, Canada, South Korea, Malaysia, USA, Japan, Vietnam, Thailand, Indonesia, Singapore
- Equipment Manufacturer - China, USA, Germany, South Korea, Japan, Canada, Italy, UK, France, Australia
- Importer - USA, Canada, India, Australia, Malaysia, New Zealand, Singapore, UAE, UK, South Korea
- Technology Services - USA, Canada, China, Germany, Japan, UK, France, India, South Korea, Australia
Exhibiting Countries of Top 5 Product Categories
- Seafood - China, USA, Canada, Russia, South Korea, Japan, Malaysia, India, Vietnam, Thailand, Indonesia
- Food Processing Machines & Equipment - China, Germany, USA, South Korea, Japan, Italy, Canada, France, UK, Australia
- Packaging - China, USA, Germany, Canada, Italy, South Korea, France, Japan, UK, India
- Consulting & Professional Services - USA, Canada, Germany, UK, China, India, Australia, Japan, South Korea, France
- Fruits and Vegetables - China, India, USA, Canada, Thailand, Vietnam, Indonesia, Malaysia, Japan, Russia
Exhibiting Countries of Top 10 Products
- Frozen Fish - China, USA, Canada, India, Russia, South Korea, Japan, Vietnam, Thailand, Indonesia, Malaysia
- Squid - China, Japan, South Korea, USA, Spain, India, Thailand, Vietnam, Indonesia
- Frozen Seafood - China, USA, Canada, South Korea, Japan, Russia, India, Malaysia, Thailand, Vietnam
- Frozen Shrimp - India, Vietnam, Thailand, China, USA, Indonesia, Malaysia, Canada, Japan, Russia
- Frozen Squid - China, Japan, South Korea, USA, Spain, Thailand, Indonesia, India, Vietnam
- Shrimp - India, Vietnam, Thailand, China, USA, Indonesia, Malaysia, Japan, Canada
- Fresh Fish - Norway, China, Japan, USA, South Korea, Canada, India, Thailand, Vietnam
- Octopus - Spain, Japan, South Korea, China, Thailand, Vietnam, Indonesia, India, USA
- Mackerel - Norway, China, Japan, South Korea, Vietnam, India, Thailand, Indonesia, USA
- Processed Fish - China, USA, Japan, South Korea, Canada, India, Thailand, Vietnam, Malaysia
Top 5 Exhibiting Countries and Their Product Details
- China
- Food Processor, Exporter, Equipment Manufacturing, Wholesaler, Retailer
- Seafood, Food Processing Machines, Packaging
- Frozen Fish, Frozen Seafood, Squid, Shrimp, Processed Fish
- India
- Exporter, Food Processor, Manufacturing, Consulting, Wholesaler
- Seafood, Consulting Services, Fruits & Vegetables
- Squid, Octopus, Ribbon Fish, Frozen Shrimp, Cuttlefish
- Russia
- Food Processor, Exporter, Fishing, Wholesaler, Distributor
- Seafood, Frozen Food, Caviar
- Frozen Fish, Pink Salmon, Cod, Caviar, Chum Salmon
- Canada
- Exporter, Food Processor, Wholesaler, Importer, Distributor
- Seafood, Consulting Services, Frozen Food
- Snow Crab, Lobster, Capelin, Sea Cucumber, Herring
- South Korea
- Food Processor, Exporter, Equipment Manufacturing, Wholesaler, Retailer
- Seafood, Seafood Products, Beverages, Ready-to-Eat
- Roasted Seaweed, Seasoned Seaweed, Oysters, Sea Cucumber
Key Highlights of China Fisheries & Seafood Expo 2024
Key Industry Segments
The China Fisheries & Seafood Expo 2024 showcases a wide array of industry segments that are critical to the global seafood market. These include:
- Seafood Production and Processing:
- Frozen, fresh, and value-added seafood products.
- Processing technologies for enhanced product quality and shelf life.
- Aquaculture:
- Sustainable aquaculture technologies and innovations.
- Equipment and feed solutions for efficient fish farming.
- Fishing and Fisheries:
- Sustainable fishing practices and advancements in fleet technology.
- Cold storage and transport solutions for freshly caught seafood.
- Food Processing Equipment and Machinery:
- High-tech solutions for seafood processing, cutting, freezing, and packaging.
- Automation technologies aimed at improving production efficiency.
- Logistics and Packaging:
- Advanced cold chain logistics ensuring freshness and quality.
- Innovative, eco-friendly packaging solutions to meet global standards.
- Consulting and Professional Services:
- Market research, quality certifications, and industry consultancy for exporters and producers.
- Emerging Segments:
- Ready-to-eat seafood products and convenience-based solutions.
- Alternative seafood products like plant-based and lab-grown fish.
Market Trends
- Rising Demand for Sustainable Practices:
- Increasing focus on sustainability in aquaculture and fishing.
- High demand for certifications like Marine Stewardship Council (MSC) and Aquaculture Stewardship Council (ASC).
- Growth in Seafood Consumption:
- Driven by rising health consciousness and dietary preferences for high-protein, low-fat foods.
- Particularly strong demand in China, Southeast Asia, and North America.
- Technological Advancements:
- Automation in seafood processing for cost efficiency and precision.
- Use of blockchain and IoT in supply chain transparency and traceability.
- Value-Added Products:
- Growing preference for ready-to-eat, processed, and packaged seafood products.
- Strong growth in frozen and pre-cooked seafood categories.
- Emergence of Alternative Seafood:
- Increasing innovation in plant-based and cell-cultured seafood to address ethical and environmental concerns.
- A growing segment in Western markets and urban Asia.
- Focus on Export Markets:
- Countries like China, India, and Vietnam expanding exports to meet global demand.
- Emphasis on high-quality frozen and specialty seafood for premium markets.
- Digitalization and E-Commerce:
- Growing role of digital platforms in connecting suppliers and buyers.
- E-commerce platforms driving direct-to-consumer sales for seafood.
- Cold Chain Innovation:
- Investments in logistics and refrigeration technology to support global seafood trade.
- Emphasis on reducing wastage and improving product quality.
This section highlights the critical segments and trends that are shaping the seafood industry globally.
Conclusion
The China Fisheries & Seafood Expo 2024 is poised to be a cornerstone event for the global seafood industry, bringing together top players from diverse segments, including seafood production, aquaculture, processing, and logistics. With its focus on innovation, sustainability, and market expansion, the expo offers unparalleled opportunities for networking, collaboration, and growth.
As the world's largest seafood trade fair, this event underscores the industry's resilience and adaptability amidst evolving consumer preferences and global challenges. It is a must-attend platform for professionals seeking to explore new markets, gain industry insights, and shape the future of seafood.