US Spends $70 Billion Annually on Seafood Products
With more than 80 percent of all the seafood in the United States produced overseas, most of the seafood heading to North America passes through the hands of the 25 companies featured in the new IntraFish Industry Report, ‘The Top 25 Seafood Companies in North America.’
The report shows U.S. consumers spent an estimated $69.8 billion (€47.9 billion) for seafood products in 2008, including $46.8 billion (€32.1 billion) in sales at restaurants, takeaway outlets, caterers, and other businesses; $22.7 billion (€15.6 billion) in retail sales for home consumption; and $389.4 million (€267 million) for industrial fish products.
The United States imports more fish than any other nation except China. More of this imported seafood comes from Canada than from any other country.
The average American eats approximately 16.5 lbs (7.5 kg) of seafood, and the average Canadian eats 50 lbs (23.1 kg) of seafood per year. While U.S. seafood consumption is substantially less than Canada’s, the amount of seafood that Americans eat continues to increase.
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