The market is dominated by domestic suppliers, as imports account for 36.5% of total market size in 2024. B2B drives market demand, with B2B spending representing 74.4% of total demand in 2024. Canada has the 11th largest market size for fishing across the top 20 developed countries, with demand reaching USD3.2 billion in 2024. Northern Harvest Sea Farms Ltd is the largest company in Canada, generating 12.3% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 34.4% of total production value in 2024. The total number of companies decreases in 2024, to 15,762 units. The costs of the industry decrease by 0.3% in 2024, largely driven by declining B2B costs. The industry’s profitability increases and stands at 22.4% of production value in 2024, the ninth highest across the top 20 developed countries. The industry’s exports share increases in 2024 to 48.1% of total production output. With production value of USD3.1 billion, Canada accounts for 27.0% of the North America total in 2024.
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This Euromonitor industrial report provides unique information on Fishing in Canada: ISIC 5. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Fishing in Canada: ISIC 5 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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