5 biggest fishery companies

5-World’s Biggest Fishing Companies in 2020

There are 5 World’s biggest fishing companies in 2020 based on the annual report of each company. They are, of course, the leader of the fisheries world markets with revenue and profit reaching billions of dollars. In this case, hard work, integrity, and commitment to stepping forward making some of the fisheries companies become market leaders in the world fisheries sector.

The Rank of 5 Biggest Companies Based on Annual Report in 2019

Rank of CompaniesNameAssetsLiabilitiesEquityRevenueNet Income
of in
Companies US Dollar ($) US Dollar ($) US Dollar ($) US Dollar ($) US Dollar ($)
1Mowi7,1 Billion3,6 Billion 3,5 Billion4,9 Billion656 Million
2Nissui4,7 Billion 3,3 Billion1,4 Billion6,6 Billion 143 Million
3Thai Union Grup 4,6 Billion 2,9 Billion 1,7 Billion 4,1 Billion137 Million
4Maruha Nichiro5,1 Billion3,5 Billion1,5 Billion 8,7 Billion 121 Million
5Dongwon Industries2,7 Billion1,7 Billion1 Billion2,4 Billion40,7 Million

Source : annual report, 2019

Along with the increasing human needs for nutritious and healthy food, of course, there are many opportunities for the international fishing industry to keep growing. The potential income will increase in line with the growth of the human population and the increase in consumption of healthy fishery products. Here are brief descriptions of some of the largest fishing companies in the world based on annual report performance.

1. Mowi ASA

Mowi is one of the 5-Biggest Fishing Companies in 2020

Mowi ASA, formerly known as Marine Harvest ASA, is one of the world’s largest seafood companies from Norway, and specifically is the world’s largest producer of Atlantic Salmon with more than 20% of market share. This headquarter of this company in Bergen, Norway with 14,866 employees and has operations in 25 countries around the world. Since Mowi’s journey starting in 1964, this company has grown and changed gradually in many ways. In the beginning era, it was started with cultivating fish in the yard. Nowadays Mowi has become a global leader in his field. In line with the company’s growth, both organically and as a result of mergers as well as acquisitions, Mowi has become a leader in its sector of the aquaculture and capture fisheries industry.


Nissui is one of the 5-Biggest Fishing Companies in 2020

Nippon Suisan Kaisha Ltd. (日本 水産 株式会社, Nippon Suisan Kabushiki-gaisha), better known as Nissui, is a seafood company based in Nishi-Shimbashi, Minato-ku, Tokyo, Japan. It was founded in 1911 by Ichiro Tamura and becomes one of the largest commercial fisheries and marine procurement companies. The Company’s goal is  “Build a global marine product supply chain”. Nowadays, this company was one of the largest companies in Japan. As a public company, the company is included on the Tokyo Stock Exchange and is part of the Nikkei 225 stock index. In addition, along with the development of the company’s business, the company approximately has 61 subsidiaries and 44 associated companies in Japan, Australia, New Zealand, Asia, Europe, North and South America.

3.Thai Union Grup

Thai Union Group was originally founded in 1977 under the Thai Union Manufacturing Company Limited. This company runs business as a food processing and exporter of canned tuna. Recently based on the development of company business from time to time, the company’s products have sold to various countries in the world including North America, Europe, Asia, and Pacific especially in some foreign countries with factories spread across several countries such as France, Ghana, Poland, Portugal, Papua New Guinea, Norway, Scotland, Vietnam, Thailand, and the United States. Operationally, the company’s line of business includes the capture and production of tuna, shrimp, sardines, mackerel, salmon, animal food, and selling its processed finished products. As the company progressed, Thai Union became a public company and listed its shares on the Stock Exchange of Thailand (SET) on November 22, 1994.

4.Maruha Nichiro

Maruha Nichiro Corporation (マ ル ハ ニ チ ロ 株式会社, Maruha Nichiro Kabushiki-gaisha) is a Japanese seafood company founded in Osaka in 1880 by Ikujiro Nakabe. At first, Ikujiro Nakabe started a business selling fish in Osaka. As the company’s business grows, Maruha Nichiro has subsidiaries in Japan, New Zealand, Australia, the United States, throughout Europe, Asia and South America. In 2014, the company listed on the Tokyo Stock Exchange and included ini the Nikkei 225 stock index. Until now , the headquater of this company is in Toyosu, Koto-ku, Tokyo.

5.Dongwon Industries

Dongwon Industries Co., Ltd. is a company based in Mabang-ro, Seocho-gu, Seoul, South Korea which is engaged in the supply of marine products. Nowadays this company is the largest fishery in South Korea. The company’s business divide into three divisions. Firstly, Division of Fisheries (catching, processing, transporting tuna, and other marine products). Secondly, the distribution sector, which distributes mackerel and other marine products to Japan, the United States, and Europe. Thirdly, the Logistics Division runs transportation, warehousing, loading and unloading, and expedition services.

Source :

Dongwon Indutries.2020.  Dongwon Vision and History. https://www.dongwon.com/en/vision

Maruha Nichiro. 2020.  Annual Report 2019.   https://www.maruha-nichiro.com/ir/.

Thai Union Grup. 2020. Annual Report 2019.   https://investor.thaiunion.com/misc/ar/20200318-tu-ar2019-en-02.pdf

Nissui. 2020. Annual Report 2019.  https://www.nissui.co.jp/english/ir/financial_information/financial_summary.html

Mowi ASA. 2020. Annual Report 2019.   https://mowi.com/investors/

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