Globalisation in Fisheries and Aquaculture
Opportunities and Challenges

This overview of global markets for fish and fish products finds that they have changed considerably over the past few decades and continue to do so, with ever growing interactions across countries and continents. Change has brought substantial benefits to the world economy and a number of policy challenges for governments. To meet these challenges, without compromising the advantages of increasing market interactions, countries must develop and implement fisheries management frameworks and aquaculture strategies that accommodate globalisation without undermining resource sustainability.
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Globalisation in the Fisheries Retail Sector
The retail sector is becoming increasingly globalised and this is transforming food production and consumption. In fisheries, globalisation in the retail sector is changing the nature of procurement. The sector is characterised by powerful retailers at the consumer end of the value chain, industry consolidation, the growing strength of supermarket own-brands, and a rise in the number of private labels attached to standards. The key policy challenge facing governments is whether and how to respond to the increasing role of private standards in retailing.
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