Here Are the Things That Made Cuttlefish Grow Rapidly in The Global Seafood Trade

By. Agung Kurniawan - 20 Dec 2024

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Here Are the Things That Made Cuttlefish Grow Rapidly in The Global Seafood Trade

kelolalaut.com Cuttlefish, a marine mollusc belonging to the cephalopod family, has emerged as a significant player in the global seafood market. Known for its tender texture, mild flavour, and versatility in culinary applications, cuttlefish is highly sought after in various cuisines across the globe. The export of cuttlefish has become a lucrative business, particularly for countries with abundant marine resources.

  1. Global Demand and Market Trends

       The global demand for cuttlefish has witnessed steady growth in recent years, driven by its increasing popularity in Asian and Mediterranean cuisines. Countries like Japan, South Korea, and Italy are some of the largest consumers, incorporating cuttlefish into dishes such as sushi, risotto, and stir-fries. Its nutritional value, high in protein and low in fat, further boosts its appeal among health-conscious consumers.

       The rise of frozen and processed cuttlefish products has also contributed to the growth of the export market. Advances in freezing and packaging technology have enabled exporters to maintain the quality and freshness of cuttlefish, ensuring it reaches international markets in pristine condition.

  1. Major Exporters and Importers

       Countries like India, Vietnam, Thailand, and Indonesia dominate the cuttlefish export market due to their extensive coastal lines and thriving fisheries. India, for instance, is a leading exporter, particularly to the European Union and Southeast Asia. The Indian Ocean is known for its abundant supply of cuttlefish, providing a competitive edge to the region.

       On the other hand, the primary importers of cuttlefish are the European Union, China, and the United States. The EU’s stringent quality and sustainability standards have encouraged exporters to adopt better practices in harvesting and processing.

  1. Challenges and Opportunities

       Despite its growth, the cuttlefish export industry faces challenges such as overfishing, climate change, and fluctuating market prices. Overfishing has raised concerns about sustainability, prompting governments and organizations to implement stricter regulations and promote responsible fishing practices.

       However, the industry is ripe with opportunities. The increasing demand for sustainable and traceable seafood offers exporters a chance to invest in eco-friendly practices and certification programs. Furthermore, the rising popularity of cephalopods as a seafood choice in emerging markets like Brazil and Russia presents new growth avenues.

Cuttlefish export remains a dynamic and promising sector within the seafood industry. By addressing sustainability challenges and tapping into new markets, exporters can ensure the continued growth of this valuable trade

 

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