How to Choose a Seafood Wholesaler?

Whether you're looking for a wholesaler or a retail outlet for seafood, you should know what to look for in order to find the best quality and best price. There are a few things you should keep in mind, including whether the wholesaler is publicly traded or privately owned, how it specializes in different products, and whether or not it has competitors.

Publicly traded

Typically, a seafood company involves fishing, processing, and distribution. Some companies also produce fishmeal, a substance that is used as an animal feed. Some of these companies are vertically integrated, meaning they have their own processing plants. Depending on the company, these companies may or may not be publicly traded.

The largest seafood company in Canada is High Liner Foods, based in Lunenburg, Nova Scotia. The company has been growing steadily for several years. It sells branded products to the food service industry, mainly in the North American market. The company has 1,223 employees.

The American Seafoods Group of Seattle is a vertically integrated producer of Pacific cod, Alaska pollock, and sole. It also distributes its product in both the United States and international markets. The company has a fleet of six catcher-processors.

Privately owned

Buying from a privately owned seafood wholesaler can give you access to a wide variety of seafood at a lower price. Wholesale prices vary, depending on the type of seafood you want to purchase, as well as the quantity. You can order seafood on demand, and it can be delivered to your door, or frozen to your specifications.

Tomich Brothers is one of the world's leading processors of frozen seafood. The company has processing plants in Los Angeles, Monterey Peninsula, and the Port of Los Angeles. The company has been family owned for 75 years. Its specialty is wetfish.

Seafood wholesalers can also buy seafood from commercial fisherman, and resell it to consumers. Some wholesalers catch their own seafood. You can also find wholesale seafood distributors in your local chamber of commerce.

Specialties

Buying seafood in bulk is a great way to get the best prices. It is also a great way to boost your merchandise inventory. Aside from the obvious choices of shrimp, crawfish, lobster, and salmon, you can also purchase items like clams, mussels, oysters, and squid.

The seafood industry is a multimillion dollar business with about 2.7 percent of the country's workforce devoted to this enticing industry. To get the most out of your buck, it's best to engage with reputable wholesalers. For instance, Salmon Sisters is known for its 10-pound boxes of Wild Alaskan fish fillets, while Todaro Brothers Market offers a myriad of seafood varieties and home-made food catering.

The fish and seafood market has topped $3 billion in revenue for the second straight year. Consumers have become more knowledgeable about healthier eating choices and are interested in finding out more about the benefits of eating seafood.

Competitors

Until a few years ago, finding a new seafood supplier required a lot of effort, like calling friends and relatives or looking for recommendations in the media. Nowadays, thanks to the internet, finding a new seeafood supplier is much easier.

According to the latest market report, "Global Seafood Market Report, By Type (Fish, Crustaceans, Sea Shells, Other Aquatic Animals), By Application (Restaurants, Consumers, Foodservice, and Others), by Region, and By Country (2019 - 2027)," the global seafood market is slated to grow at a CAGR of 2.9% from 2020 to 2027. The report also highlights the various factors boosting the market growth, including the increasing demand for proteinaceous, fat-free food and the rising number of fish eaters.

Moreover, the report also discusses the various factors hindering the market growth, such as depleting wild fish stocks, government regulations, and high prices. However, the market growth is expected to be fueled by the growing demand for seafood from specialty restaurants, increasing disposable income, and the increasing number of food & beverage industries in the U.S.

Marketing

Whether you are a fisherman or a wholesale seafood business, you need to know the right way to market your products. You need to know where you will sell your products and what types of seafood consumers are looking for.

The fish industry is one of the largest industries in the world. The growth of the seafood market can be attributed to the increasing disposable income of individuals. Also, a strong economic recovery in the world's developing economies is boosting the seafood industry.

You need to have an online presence. A seafood wholesaler's website can be a great way to attract consumers from across the country. Idealy, you should have a website that is user-friendly and informative. You can include videos, recipes, articles, and even calls-to-action. You can also use search engine optimization (SEO) to boost your website's rank in the search engine results pages (SERPs).

Seafood wholesalers need to find suppliers for raw fish, cooked meals, and other seafood products. They may also deal with seafood that is fresh, frozen, or canned. These products can be marketed at retail prices or at wholesale prices.