Feasibility Study on Innovative and Value-added Dried Fish and Dried Aquatic Products for Canadian and International Markets
Over the past several years, food security has become a major concern worldwide. Population growth, climate change, and the need for sustainable agriculture has increased the demand for food. Access to the food supply chain is an area that can address food security issues. The fishery industry in Newfoundland and Labrador has a long rich history of supplying cod and other aquatic products to other markets. However, fish and other aquatic products have been traditionally treated as commodity items, without much value added to the product. This feasibility study will evaluate the potential of value-added dried fish, such as cod, squid, capelin, herring, mackerel, and other dried aquatic products for the Canadian and international markets.
While food security has been a major media headline, there has also been a social trend- the foodie trend that has brought innovation, creativity, and entrepreneurship to food and agri-food businesses. The foodie trend also highlights the potential of targeting value added products to niche markets and customers who look for high value, unique products.