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A new report, 'SSI Review: Standards and the Blue Economy,' dives into sustainable seafood certification standards with the goal of identifying 'market and performance trends' of nine wild and farmed certifications with the goal to help inform decisions by different seafood stakeholders. Key highlights of the report include (based on standards included):
- Estimated retail value of certified sustainable seafood in 2015 is $11.5B USD
- 80% of certified seafood is wild-caught with nearly 2/3 of certified seafood coming from a short list of species: Peruvian anchoveta, cod & Alaska pollock, salmon, tuna, and mackerel
- In 2015, 20% of wild seafood is certified, 6% of farmed seafood is certified, and 14% of combined global seafood is certified (compared to 0.5% ~10 years prior)
- Five countries produce 2/3 of certified seafood: Peru, United States, Norway, Chile, and Russia
- Asia produces 69% of global seafood, but only 11% of certified production
- Growth in certified sustainable seafood will come almost entirely from aquaculture
- Standards organizations include representation from developing countries in their management processes but representation at the board level of the standards organizations is very low
Download the full report here.
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