The still nascent global seafood sector is highly fragmented across continents and markets, but some companies have emerged as leaders, in one field or across several activities.
It is these companies that Undercurrent News aims to provide an overview of with our latest World’s 100 Largest Seafood Companies 2014 report, by detailing who they are, what they do, while ranking them by the size of their 2013 or latest available turnover figure.
Salmon prices were a major driving force behind this increase — the combined revenues of salmon producers on our report this year are up $2.2bn from our 2012 report, with two new salmon players making it to the ranking.
High shrimp prices also benefited some — Zhanjiang Guolian Aquatic Products‘ revenue jumped 53%, and Minh Phu Seafood was up 23 places thanks to a 41% revenue increase.
Similarly to last year, the ten largest companies – with revenues of more than $2bn each — accounted for over a third ($35bn) of the total revenues and the 25 largest for over half ($57bn).
As in our 2013 report, Japanese companies comfortably dominate with 26 of the companies listed. The US is next largest (11) and Norway third (9), again fairly stable from last year.
However, there are also several changes from the previous report. Looking at the companies’ movements up and down the ranking from the 2013 report illustrates some of the key events and trends that shaped the seafood industry in the past 12 months.
Take for instance the spectacular drop of Pescanova, which, after a year in bankruptcy, has fallen from eighth largest in our 2013 report to 18th largest, and is likely to drop further as creditors and administrators sell off its assets.
Dutch shrimp processor Heiploeg, which was the 100th company in our ranking last year, also fell into bankruptcy, and is now largely incorporated into Parlevliet and van der Plas.
A third company from last year’s ranking went into receivership: Yihe, a US-based salmon processor. The group no longer features on our report as its revenues are thought to now be below the $300m mark.
Other players, in turn, have been incorporated into bigger ones through acquisitions: Morpol is now part of Marine Harvest; American Pride Seafood is now part of High Liner Foods; Copeinca has been engulfed by Pacific Andes; Norway Pelagic by Austevoll Seafood.
Both Maruha Nichiro and Marubeni have acquired smaller players, while Russian Sea Catching has been growing fast, gobbling up Russian pollock catchers, although not yet big enough to feature in this year’s ranking.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the seminar "Global Seafood Market and the Future Workforce: Trends, Opportunities, and Sustainable Development Pathways for Vietnam's Seafood Industry" will take place from 2:00 p.m. to 4:15 p.m. on August 19, 2026, at Convention Room B, Level 2, SECC, Ho Chi Minh City. This is the first of five specialized seminars at Vietfish 2026, focusing on key issues that are shaping the long-term development of Vietnam's seafood industry.
(seafood.vasep.com.vn) Vietnamese seafood exports recorded impressive growth, generating nearly 6 billion USD in revenue during the first six months of the year, up 13% compared with the same period last year.
(seafood.vasep.com.vn) Fishermen in Ha Tinh are gradually overcoming difficulties to maintain the efficiency of seafood exploitation. In the first six months of 2026, the entire province achieved a production of more than 23,000 tons of seafood, worth more than 1,200 billion VND.
(seafood.vasep.com.vn) June 2026 brought encouraging signs for Vietnam's tuna exports, with export value rising 20% year-on-year to nearly USD 72 million. However, this increase has yet to offset the prolonged slowdown seen in key markets such as the European Union (EU), where import demand remains weak. The outlook for the second half of the year is expected to become more challenging as freight rates continue to climb.
(vasep.com.vn) As part of the Vietnam Fisheries International Exhibition (Vietfish 2026), the Vietnam Association of Seafood Exporters and Producers (VASEP), in collaboration with the Agency for Domestic Market Management and Development under the Ministry of Industry and Trade, will organize the Domestic Seafood Supply–Demand Matching Program on the morning of August 20, 2026, at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City. The program aims to foster direct business connections between Vietnamese seafood producers and processors and domestic distributors, retailers, and foodservice channels.
(seafood.vasep.com.vn) The Cooking Show will be one of the most engaging experiential highlights of Vietfish 2026. Taking place over three days, from August 19–21, 2026, at Hall B1, SECC, Ho Chi Minh City, the event will offer visitors a vibrant culinary space where Vietnamese seafood is showcased through its flavors, stories, and real-life culinary applications.
(seafood.vasep.com.vn) Vietnam's pangasius exports reached USD 205 million in June 2026, up 5% compared with the same month in 2025. Cumulative export value for the first six months of the year totaled USD 1.1 billion, an increase of 12% year-on-year. Growth was primarily driven by strong demand from China and CPTPP markets, while exports to the United States and Brazil continued to decline.
(seafood.vasep.com.vn) In the first six months of 2026, Ha Tinh province continued to implement comprehensive solutions to combat IUU fishing; strictly manage the fishing fleet, control fishing vessels entering and leaving ports, operate vessel tracking devices, trace the origin of seafood, and severely punish violations.
(seafood.vasep.com.vn) Vietnam's tilapia exports reached USD 7 million in June 2026, down 32% compared with the same month in 2025. Nevertheless, thanks to strong growth in the first five months of the year, cumulative tilapia exports in the first half of 2026 totaled USD 69 million, up 67% year on year.
(seafood.vasep.com.vn) Sa Giang Import-Export Joint Stock Company, a member of the Vietnam Association of Seafood Exporters and Producers (VASEP), has been honored with the "Famous Brand - Competitive Vietnamese Brand 2026" certification at an award ceremony organized by the Vietnam Intellectual Property Association (VIPA).
VASEP - HIỆP HỘI CHẾ BIẾN VÀ XUẤT KHẨU THỦY SẢN VIỆT NAM
Chịu trách nhiệm: Ông Nguyễn Hoài Nam - Phó Tổng thư ký Hiệp hội
Đơn vị vận hành trang tin điện tử: Trung tâm VASEP.PRO
Trưởng Ban Biên tập: Bà Phùng Thị Kim Thu
Giấy phép hoạt động Trang thông tin điện tử tổng hợp số 138/GP-TTĐT, ngày 01/10/2013 của Bộ Thông tin và Truyền thông
Tel: (+84 24) 3.7715055 – (ext.203); email: kimthu@vasep.com.vn
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Tel: (+84) 28.628.10430 - Fax: (+84) 28.628.10437 - Email: vasephcm@vasep.com.vn
VPĐD: số 10, Nguyễn Công Hoan, Ngọc Khánh, Ba Đình, Hà Nội
Tel: (+84 24) 3.7715055 - Fax: (+84 24) 37715084 - Email: vasephn@vasep.com.vn