DavidFish farming, also known as aquaculture, is a rapidly growing industry that provides an alternative source of seafood production to traditional fishing methods. With the world’s population projected to reach 9.7 billion by 2050, fish farming is seen as a sustainable way to meet the increasing demand for protein-rich foods.
Some of the biggest fish farming companies in the world right now include Lerøy Seafood Group, Marine Harvest ASA, Huon Aquaculture Group, SalMar ASA, Grieg Seafood ASA, Tassal Group Limited, Cermaq Group AS, The Scottish Salmon Company, Nippon Suisan, Kaisha, Ltd., Cooke Aquaculture Inc., and Bakkafrost.
In recent years, fish farming companies have emerged as major players in the global seafood market, with some producing millions of tons of fish annually.
This article presents a list of the 12 biggest fish farming companies in the world, highlighting their production levels, locations, and business strategies.
12 Biggest Fish Farming Companies in The World
Compiling the 12 biggest fish farming companies in the world is tasking considering the numerous fish farming companies around.
Nonetheless, after careful findings, we were able to come up with the list of 12 farming companies below deemed to be the biggest around the world.
#1. Lerøy Seafood Group
Country: Norway
Lerøy Seafood Group is a Norwegian fish farming company that operates in the aquaculture and seafood processing industries. It was founded in 1899 and is headquartered in Bergen, Norway.
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The company has a strong focus on sustainability and works to minimize the environmental impact of its operations. Lerøy Seafood Group produces a wide range of fish species, including salmon, trout, and shellfish.
In 2020, the company produced 195,000 metric tons of fish and had a revenue of NOK 28.6 billion (approximately USD 3.3 billion).
With its commitment to sustainability and high production levels, Lerøy Seafood Group is a major player in the global fish farming industry.
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#3. Mowi ASA
Country: Norway
Marine Harvest ASA is a Norwegian-based fish farming company that specializes in the production of Atlantic salmon, one of the most popular and highly valued fish in the world.
Founded in 1965, the company has grown to become one of the largest fish farming companies in the world. Marine Harvest has operations in several countries, including Norway, Scotland, Canada, Chile, and Ireland, and produces over 400,000 tons of salmon annually.
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The company has a strong commitment to sustainability, with a focus on responsible farming practices and reducing its environmental impact.
Marine Harvest has implemented innovative technologies and processes to improve fish welfare, reduce waste and improve efficiency.
The company also works closely with local communities and stakeholders to ensure its operations are sustainable and benefit the local economy.
Marine Harvest has a strong presence in the global seafood market and exports its products to over 70 countries.
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Its high-quality salmon is highly valued by consumers and is used in a wide range of products, including sushi, smoked salmon, and fillets.
The company has received numerous awards and recognition for its quality products and commitment to sustainability.
#4. Huon Aquaculture Group
Country: Australia
Huon Aquaculture Group is an Australian fish farming company that specializes in the production of Atlantic salmon and Ocean trout.
Founded in 1986, the company is based in Dover, Tasmania, and operates in various locations around Australia.
In 2020, Huon Aquaculture produced 28,110 metric tons of fish and had a revenue of AUD 320 million (approximately USD 232 million).
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#5. SalMar ASA
Country: Norway
SalMar ASA is a Norwegian fish farming company that is focused on the production of Atlantic salmon. The company was founded in 1991 and is headquartered in Frøya, Norway.
SalMar has a strong focus on sustainability and has invested heavily in new technology to improve its operations.
In 2020, the company produced 155,000 metric tons of fish and had a revenue of NOK 14.5 billion (approximately USD 1.7 billion).
#6. Grieg Seafood ASA
Country: Norway
Grieg Seafood ASA is a Norwegian fish farming company that produces Atlantic salmon, rainbow trout, and steelhead trout.
Founded in 1992, the company is based in Bergen, Norway, and operates in various locations around the world, including Canada and the UK.
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In 2020, Grieg Seafood produced 87,393 metric tons of fish and had a revenue of NOK 8.3 billion (approximately USD 955 million).
The company has a strong focus on sustainability and has set ambitious goals to reduce its environmental impact.
#7. Tassal Group Limited
Country: Australia
Tassal Group Limited is one of the largest and most successful fish farming companies in Australia, with a focus on the production of high-quality Tasmanian Atlantic salmon.
The company was founded in 1986 and has since expanded its operations to various locations around the country, including Tasmania, Victoria, and New South Wales.
The company’s farming operations are spread across 64 marine leases, 20 hatcheries, and four processing plants, ensuring that it has a strong and diverse presence in the Australian seafood market.
Tassal is committed to sustainable aquaculture and has implemented various initiatives to minimize the environmental impact of its operations.
In 2020, Tassal produced 33,123 metric tons of fish, including both fresh and smoked salmon products, and had a revenue of AUD 646 million.
The company’s success is a result of its strong commitment to quality and sustainability, as well as its ability to adapt to changing market conditions and consumer demands.
Tassal’s high-quality products are highly sought after both domestically and internationally, making it a major player in the Australian seafood industry.
#8. Cermaq Group AS
Country: Norway
Cermaq Group AS is a Norwegian fish farming company that produces Atlantic salmon and rainbow trout. The company was founded in 1985 and is headquartered in Oslo, Norway.
Cermaq operates in various locations around the world, including Norway, Canada, and Chile.
In 2020, the company produced 133,000 metric tons of fish and had a revenue of NOK 10.8 billion (approximately USD 1.2 billion).
#9. The Scottish Salmon Company
Country: Scotland
The Scottish Salmon Company is a Scottish fish farming company that produces Scottish salmon. Founded in 1991, the company is based in Edinburgh, Scotland, and operates in various locations around Scotland’s west coast and islands.
In 2020, The Scottish Salmon Company produced 54,052 metric tons of fish and had a revenue of GBP 240 million (approximately USD 315 million).
The company has a strong focus on sustainability and has made significant investments in new technology to improve its operations.
#10. Nippon Suisan Kaisha, Ltd.
Country: Japan
Nippon Suisan Kaisha, Ltd. (also known as Nissui) is a Japanese fish farming company that produces various types of fish, including salmon, trout, and yellowtail.
The company was founded in 1911 and is headquartered in Tokyo, Japan. In addition to fish farming, Nissui is involved in seafood processing and distribution.
In 2020, the company produced 272,000 metric tons of fish and had a revenue of JPY 1.2 trillion (approximately USD 11 billion).
#11. Cooke Aquaculture Inc.
Country: Canada
Cooke Aquaculture Inc. is a Canadian fish farming company that produces Atlantic salmon, steelhead trout, and other species.
The company was founded in 1985 and is based in Blacks Harbour, New Brunswick. Cooke operates in various locations around the world, including Canada, the US, Chile, and Scotland.
In 2020, the company produced 66,782 metric tons of fish and had a revenue of CAD 2.6 billion (approximately USD 2 billion).
#12. Bakkafrost
Country: Faroe Islands
Bakkafrost is a Faroe Islands-based fish farming company that produces Atlantic salmon. Founded in 1968, the company is based in Glyvrar, Faroe Islands, and operates in various locations around the islands.
In 2020, Bakkafrost produced 56,346 metric tons of fish and had a revenue of DKK 6.6 billion (approximately USD 1 billion).
The company has a strong focus on sustainability and has made significant investments in new technology to improve its operations.
World’s Largest Fish Farming Companies
The global demand for fish is increasing, and so is the popularity of fish farming.
Several large companies are dominating the fish farming industry, including Lerøy Seafood Group, Mowi ASA, Cermaq Group AS, and Huon Aquaculture Group.
These companies produce millions of tons of fish every year, making them major players in the global seafood market.
Biggest Fish Farm in the World
The biggest fish farm in the world is currently located in China. The farm, called the Three Gorges Dam fish farm, spans an area of 52,000 hectares and produces over 200,000 metric tons of fish annually.
The farm uses advanced technology, including automated feeding systems and underwater cameras, to optimize fish growth and health.
Fish Farm Video
Fish farm videos are a great way to learn about the fish farming industry and see how it works.
Many fish farming companies and organizations post videos on their websites and social media channels to showcase their operations and educate the public about sustainable aquaculture practices.
Big Fish Farm
Big fish farms are becoming more common as demand for seafood continues to rise. These farms can range in size from small backyard operations to large commercial facilities that produce millions of tons of fish each year.
A big fish farm requires significant investment in equipment, technology, and infrastructure to ensure the health and growth of the fish.
Types of Fish Farming
There are several types of fish farming, including open-ocean farming, land-based farming, and recirculating aquaculture systems.
Each method has its own benefits and challenges, depending on factors such as location, fish species, and environmental conditions.
Aqua Farms Group
The Aqua Farms Group is a leading fish farming company based in Sri Lanka. The company produces a variety of fish, including tilapia, sea bass, and shrimp.
Aqua Farms Group has implemented sustainable aquaculture practices, including using natural feeds and minimizing waste, to minimize its environmental impact.
Fish Farming Project
Fish farming projects can range from small-scale backyard operations to large commercial facilities. A successful project requires careful planning, proper equipment and infrastructure, and a commitment to sustainability.
Many organizations and governments offer resources and funding to support fish farming projects around the world.
How Does Fish Farming Work
Fish farming involves raising fish in controlled environments, such as tanks or ponds, to ensure their health and growth.
The process involves feeding the fish, monitoring water quality, and managing disease and pests. Fish farmers use a variety of technologies and equipment, including feeders, aerators, and filters, to optimize fish growth and health.
Sustainable fish farming practices are essential to minimize the environmental impact of the industry and ensure the long-term viability of the seafood supply.
What is aquaculture, and how does it differ from traditional fishing?
Aquaculture is the farming of aquatic organisms such as fish, shellfish, and aquatic plants under controlled conditions. It differs from traditional fishing, which involves harvesting wild fish from oceans, rivers, or lakes. Aquaculture allows for more controlled and sustainable production of seafood by raising fish and other aquatic organisms in ponds, tanks, or ocean enclosures.
What types of aquatic organisms are commonly farmed in aquaculture companies?
Aquaculture companies typically farm a variety of aquatic organisms, including fish species such as salmon, trout, tilapia, catfish, and carp. Shellfish like shrimp, oysters, mussels, and clams are also commonly farmed. Additionally, some aquaculture companies cultivate aquatic plants like seaweed and algae for various purposes, including food, biofuel, and pharmaceuticals.
What are the environmental and sustainability considerations in aquaculture?
Aquaculture practices can have both positive and negative environmental impacts. Sustainable aquaculture companies implement practices that minimize environmental harm, such as reducing water pollution, conserving natural habitats, and managing waste and feed inputs responsibly. They may also employ techniques like integrated multitrophic aquaculture (IMTA) to maximize resource use and minimize ecological footprint.
How do aquaculture companies ensure the quality and safety of their products?
Aquaculture companies adhere to stringent quality and safety standards to ensure their products meet regulatory requirements and consumer expectations. They may implement measures such as regular testing for contaminants, pathogens, and antibiotics, as well as monitoring water quality and sanitation practices. Many companies also obtain certifications such as Aquaculture Stewardship Council (ASC) or Best Aquaculture Practices (BAP) to demonstrate their commitment to quality and sustainability.
What are the market trends and opportunities in the aquaculture industry?
The aquaculture industry is experiencing significant growth due to increasing demand for seafood, declining wild fish stocks, and technological advancements in aquaculture practices. Key trends include the expansion of offshore aquaculture, the development of land-based recirculating aquaculture systems (RAS), and the rising popularity of alternative seafood products like plant-based and cell-cultured seafood. Aquaculture companies that innovate, embrace sustainability, and meet consumer preferences are well-positioned to capitalize on these market opportunities.
Conclusion
Fish farming is an important and growing industry that plays a significant role in meeting the world’s seafood demand. The 12 biggest fish farming companies highlighted in this article are major players in the industry, producing millions of tons of fish annually. As the demand for sustainable seafood continues to grow, these companies will likely play an increasingly important role in the global seafood market.
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