The Indo-Pacific region has become an attractive prospect for Canadian seafood exporters, presenting an expansive and expanding market. Seafood holds a significant place in the daily dietary habits of millions in this cultural-rich area. With the rising middle class and increased disposable incomes, there is a growing demand for top-notch seafood products.
If you’re considering expanding your markets beyond North America, overlooking the Indo-Pacific, the largest growth region, is not an option. With a population of around four billion people, it’s not just the sheer numbers but the evolving dynamics of these 40 markets that is prompting businesses to reevaluate their expansion strategies. The region’s remarkable growth in the middle class is projected to be home to two-thirds of the global middle class by 2030.
Canadian seafood companies are not hesitant to venture into the Indo-Pacific; many are already there, thriving and seeking further expansion. China stands out as the top destination for Canadian seafood outside of the United States, with substantial increases in volumes to that market observed over the past several years.
Learn more here: https://www.edc.ca/en/article/canadian-seafood-exports-indo-pacific.html
