Seafood News

Recent industry report about Seafood company news, including latest market trends and industry updates in 2024. This sector news is compiled by Mordor Intelligence™ Seafood Market industry experts.

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Seafood News

  • October 2023: Nippon Suisan Kaisha Ltd announced the commencement of white-leg shrimp land based business with an expectation of annual production reaching 100 tonnes by end of 2023.
  • April 2023: Thai Union joins marine debris cleanup program with Samut Sakhon City Development to help protect local environment.
  • March 2023: Mowi ASA has built a new state of the art facility at Hitra in Norway for the production of seafood.
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  • August 2024: Baby food startup brand Babe Burp funded INR 8 crore in a pre-series in collaboration with a venture capital fund, Gruhas Collective Consumer Fund. The purpose of this collaboration was to innovate baby food products.
  • August 2023: Sresta Natural Bioproducts has launched a new line of organic baby and children's food products. Targeting children aged six months to four years, these offerings cater to the youngest demographic. The frozen food range includes a variety of items such as bread, rotis, chapatis, and samosas.
  • December 2022: Mother Nature brand launched a parent-tested baby food range. The products are claimed to be nutritious, preservative-free, and appetizing. The products are available in 12 different fruit flavors including fruits and vegetables.
  • March 2024: Natura, based in Montreal, introduced a range of plant-based oat beverages made from 100% organic Canadian and gluten-free oats. The oat beverages are available in three flavors, Original, Vanilla, and Chocolate, and are claimed to be the only gluten-free oat drinks holding a Canadian Coeliac stamp, ensuring safety for consumers concerned about gluten.
  • February 2023: NEX-XOS introduced OBAR by OMEALS, a versatile daily bar that can serve as a meal replacement or nutrition bar. NEX-XOS specializes in producing shelf-stable foods and providing contract packaging, assembly, and distribution services. The OBAR daily bars offered by NEX-XOS are nutrient-dense, plant-based, allergen-free, gluten-free, and non-GMO.
  • January 2023: The Good Flour Corp. planned to develop "Patty Cakes," which are claimed to be gluten- and allergen-free protein pancake mixes designed especially for children.
  • January 2022: Schar, a German company, introduced three new gluten-free options for customers that can be conveniently stored on shelves. These products include a vegan pizza crust with ready-to-add toppings and baked lactose-free baguettes that are ready-to-eat and chocolate-coated crispy twin bars. These offerings were made available in Canada through online and offline channels.
  • April 2024: Predilecta Alimentos, as part of expanding its presence in the market, participated in one of the largest events in the supermarket and food service sector in Brazil, Super Rio Expofood 2024. Predilecta highlighted its wide range of products and preserves, including canned fruits and vegetables, seasonings, sauces, tuna, and bonito at the event.
  • April 2024: Dole PLC launched the Dole Can It Pineapple Snack Hackathon, a three-week-long competition* that challenges recipe innovators. Participants were invited to submit their best creations based on a different theme each week, giving everyone who enters the chance to win prizes. Dole Canned Pineapple offers delicious, high-quality tropical fruit that is rich in vitamin C and with no added sugar.
  • April 2024: Kronos SA announced a strategic partnership with Lariplast S.A., a company active in the food packaging industry. The partnership involves supplying barrier technology products from Lariplast to Kronos to export the final products to the American Markets.
  • June 2024: The Bull Brand launched three new ready-to-eat canned mince meals: Bolognaise Mince, Chilli Mince, and Savoury Mince. These new variants offer great value for money and are highly versatile.
  • March 2024: Conagra Brands expanded its tomato processing capabilities in Canada. The enhancements at its Dresden plant in Ontario include software updates, the installation of a new evaporator to increase tomato paste production, and introducing a dedicated production line for the Ro*tel brand.
  • March 2024: Bisto launched a new gravy specifically crafted for sausages. This thicker gravy is designed to offer a savory, slightly sweet flavor that complements and enhances the meaty taste of sausages, making sausage-based dishes more flavorful.
  • January 2024: Dabur, one of the leading firms in the Ayurvedic and personal care space, recently invested approximately INR 135 crore in expanding its manufacturing facility in South India. This move is geared toward bolstering the production capacity of its flagship products, including Dabur Honey, Dabur Red Paste, and Odonil air fresheners.
  • January 2024: APIS Honey launched Apis Organic Honey, sourced from Kashmir. The products are available in attractive glass bottles and different retail channels across India. 
  • December 2023: Better Foodie, collaborating with the California-based start-up MeliBio, unveiled their award-winning 'Vegan H*ney' in around 200 UK retailers.
  • March 2024: Under its brand Pillsbury, General Mills Inc. launched the Creamy Cakes & Stuffed Cookies. The stuffed cookies were offered in two flavors: Caramel Filled Chocolate Chip and Raspberry Filled Chocolate. These new Pillsbury Baking Creamy Cake and Stuffed Cookie Kits were made available for purchase at prices ranging from USD 2.00 to USD 5.00.
  • February 2024: Dawn Foods announced the acquisition of Royal Steensma, a renowned family-owned bakery ingredients manufacturing company headquartered in Leeuwarden, The Netherlands. The acquisition included four manufacturing plants in The Netherlands, a manufacturing facility in Thailand, and continued involvement with the Netherlands-based Food Innovation Academy (FIA) education center.
  • June 2023: Kellanova launched its Eggo lineup with three new flavors: Eggo Vanilla Bean Grab & Go Waffles, Eggo Chocolatey Chip Banana Waffles, and Eggo Berry Blast Mini Toast Waffles. The Eggo Chocolatey Chip Banana Waffles and Berry Blast Mini Toast Waffles had a suggested retail price of USD 3.59, while the Vanilla Bean Grab & Go Waffles were priced at USD 5.99.

January 2024: Kabrita officially unveiled the first and only long-term FDA-authorized goat milk-based infant formula in the United States. The long-term FDA authorization ensures consistent product availability, assuring parents of the permanence of the infant formula in the US market.

August 2023: Kendamil launched the Goat Milk Infant and Toddler Formula range in the United States. Kendamil Goat utilizes the unique and scientifically validated properties of goat milk to provide a new, naturally gentle option for babies.

March 2023: ObvioHealth, in partnership with IQVIA Consumer Health, announced the launch of a fully decentralized clinical trial with Jovie USA to offer a goat milk-based infant formula approved by the FDA in the United States. The study design was the first of its kind for infant formula, allowing parents and their newborns to participate in the trial from their homes without in-clinic visits. ObvioHealth and Jovie involved the FDA in the design of the study to increase the probability of regulatory success upon the completion of the trial.

  • July 2023: Cerebelly launched its bars at Publix stores throughout the southeast United States. Cerebelly claimed to offer an assortment of organic smart bars throughout Alabama, Florida, Georgia, North Carolina, South Carolina, Tennessee, and Virginia.
  • June 2023: READY. SET. FOOD! collaborated with Daniel Tiger's neighborhood to launch new flavors of organic baby muesli and organic oat and fruit bars for toddlers, making the introduction of allergens easier.
  • May 2023: Nestle SA’s Milo brand launched two new products, i.e., protein powder and snack bar, in the market. The snack bar claims to be a rich source of protein and fiber. The products are available at Woolworths, Coles, and independent grocers.

May 2023: Nestle’s chocolate-flavored malt powder brand Milo launched two products with added protein to help support muscle building and repair. Milo Protein Snack Bars are fortified with 20% protein and a source of fiber.

April 2023: Mars Wrigley Australia announced a significant step forward in its sustainability journey by committing to transition all Australian-made chocolate and snack bars to new paper-based packaging that can be recycled via traditional kerbside recycling. Mars Wrigley's new paper-based packaging is available on 47g and 64g Mars Bars, 44g and 64g Snickers, and Milky Way 45g at all leading supermarkets and convenience stores nationally.

March 2023: Under its brand LCM, Kellogg's launched a Neapolitan-flavored snack bar. These snack bars are fortified with 25% less sugar and contain no artificial colors, flavors, or preservatives.

  • June 2023: Under the terms of the agreement, Morocco’s government announced the allocation of USD 495 million toward protecting livestock capital. This included the subsidization of barley and imported feed for livestock and poultry.
  • May 2023: The new program contract for the poultry industry was signed between the Moroccan government and the Interprofessional Federation of the Poultry Sector (FISA), which will remain effective till 2030. The program aims to invest USD 198 million to implement its key objectives, such as an increase in the production of poultry meat and eggs for consumption to 92,000 tonnes and 7.6 billion units, respectively.
  • February 2020: Zalar Holdings expanded its international presence by consolidating its position in the Moroccan poultry market. Zalar owned two commodity storage terminals in Morocco, one at Casablanca and one at Jorf Lasfar, with the Group having six. Zalar’s trading subsidiaries are the only local players present in all grain ports across Morocco. Two were financed by the European Investment Bank (EIB), namely Nador in the Mediterranean and Agadir on the Atlantic Coast.

Seafood Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis Up to 2029