NAICS 3117Industry group · 4-digitnational market1 market record

Seafood product preparation and packaging

This industry group comprises establishments primarily engaged in canning seafood, including soup; smoking, salting and drying seafood; preparing fresh fish by removing heads, fins, scales, bones and entrails; shucking and packing fresh shellfish; processing marine fats and oils; and freezing seafood. Establishments known as floating factory ships, that are engaged in shipboard processing of seafood, are included. — Statistics Canada, NAICS 2022A

Establishments · CanadaA
372
with employees
Under 10 employeesA
29%
most common size: 20–49
Establishments · USA
528
Employment · USA
29,146
55 per establishment
Payroll · USA
$1.7B
$57k per employee
01

Size and shape

How many businesses there are and how small they are. Fragmentation is the first thing an entrant — or anyone selling software into this industry — needs to know, and it is one of the few things that is actually measured.

Canadian establishments by number of employeesA

1–46317%
5–94512%
10–194612%
20–497119%
50–996016%
100–1994412%
200–499359%
500+82%

Of 372 Canadian establishments with employees, 29% have fewer than ten — an industry where large establishments carry real weight.

Where they areA

Nova Scotia8824%
Newfoundland and Labrador5816%
British Columbia5816%
Quebec5615%

Largest four provinces by establishment count. Establishments with employees only — sole operators with no payroll are not in this table, so in trades and personal services the true number of businesses is higher.

How many new establishments are still tradingA
Manufacturing, US · opened 2020
86.2%
1 year
70.8%
3 years
58.4%
5 years
45.3%
10 years
opened 2015

Measured, not forecast: the share of US establishments opening in one year that were still active later. It counts good operators and bad ones together, which is exactly why it is the honest answer to “what are the odds”. It is for the whole sector rather than this market, and the ten-year figure comes from an older cohort because no younger one has reached ten years.

02

How businesses here compete

The structural profile of subsector 311, which every industry beneath it inherits. This is analyst judgment from how the subsector is organised — not research into this industry, and not a measurement.

national competitionhigh capitalUNVERIFIEDinherited from 311 Food manufacturing

Inspected facilities and a handful of buyers with listing fees. The reachable end is small-batch and regional, where the product can carry a premium the commodity line cannot.

Who sets the price
Grocery retailers, a concentrated buyer in Canada.
The software it runs on
Food-safety, traceability, recipe and batch ERP.
03

Market screens and studies

Market-entry records filed along this branch of the hierarchy. A record at or beneath this code is about this industry; one above it is about something wider that contains it.

Operating businessScreened
Seafood Processing PlantOne thing must be true
binding constraint: defensibility

The pre-screen paired small-scale processing with the fishing records, and the pairing is the problem. Commercial Fishing Licence & Quota (114) found that the right to catch has been capitalised into an asset its owners rent out. The plant is the next link along, and it owns neither end of the chain. Upstream, fish comes from licence and quota holders, many tied to a buyer by financing, or from integrated companies that land their own — when Premium Brands and a Mi'kmaq coalition took Clearwater private in 2021 at $8.25 a share, about $1B including debt [A], they were buying a company built on its own offshore licences. Downstream sit grocery and foodservice buyers. High Liner Foods, the listed Canadian processor with the strongest brand on that side, shows what the middle earns. In fiscal 2025 sales rose 7.1% to US$1,026.9M while volume rose 0.9% — the growth was price and mix, passed through from raw material and tariffs — and gross margin fell from 22.7% to 20.7%, adjusted EBITDA margin from 10.8% to 8.9% [A]. If a national brand cannot hold its margin when input costs move, a custom processor with no brand and no quota will not either. It is paid a processing fee set by whoever controls the fish. Nor is this a small-shop industry. Only 29% of the 372 Canadian plants have fewer than ten employees, while 40% have fifty or more [A] — seasonal lines with large crews, concentrated in Nova Scotia and Newfoundland and Labrador, where a processing licence is itself a provincial decision. The value in seafood sits in the quota and on the shelf, and the plant in between rents its margin from both.

NAICS 31176 vendors named10 sourced figuresOpen →

Filed above — wider than this industry

04

Software serving this industry

The vertical software markets filed along the same branch — who sells to these businesses and who they would have to displace — and then the generic categories every business buys whatever it does.

Sold across the wider branch

Vertical softwareScreenedfiled at 311 Food manufacturing
Digital Shelf & Product Content SoftwareStructure decides
binding constraint: entry cost
Incumbent Salsify and Syndigo

The product is a retailer integration map, and it takes years and a partner team to build. Salsify raised about $200M at a $2B valuation on the strength of syndicating content to more than 1,000 retailers for brands including P&G, Coca-Cola, Mars and Kraft Heinz; Syndigo holds the other half of the same network. A new entrant must rebuild those connections one retailer at a time while each retailer keeps changing its content requirements — the same moat the EDI record at 419 describes, in a different format.

NAICS 3114 vendors named3 sourced figuresOpen →
Vertical softwareScreenedfiled at 311 Food manufacturing
Food Safety & Traceability SoftwareExecution decides
binding constraint: distribution
Incumbent Trustwell (FoodLogiQ + Genesis) and TraceGains

FSMA 204 gives the category a dated regulatory trigger, which is the strongest demand signal in this batch — but the buyer is reached through GFSI certifying bodies and third-party auditors, not through search or self-serve. That channel is owned by the auditors and by the incumbents who sponsor them, and an entrant with no audit relationship has no route in. Nothing is disclosed here. Every vendor named on this record is private, or sits inside a parent that does not break the line out, so no revenue floor can be built and the market size is genuinely unknown rather than estimated.

NAICS 3114 vendors namedOpen →

Catalogued categories — named, not analysed

05

Companies in this industry · 4

Every company this research names that is filed here or beneath — the operators, and the vendors that sell to them — largest disclosed revenue first. The rank is within the company’s own six-digit industry.

CompanyFiled underRevenueRank
Clearwater SeafoodsDelistedSeafood product preparation and packaging3117—1/4
Cooke Inc.PrivateSeafood product preparation and packaging3117—2/4
Barry GroupPrivateSeafood product preparation and packaging3117—3/4
Ocean Choice InternationalPrivateSeafood product preparation and packaging3117—4/4
06

Who works here

The occupations employed in Manufacturing, most concentrated in it first. The share is measured against the whole sector, not this industry — the published cross-tabulation stops there.

And the jobs every business has

Found across at least fourteen of the twenty sectors. In a small establishment several of these are usually one person, or an outside provider.

All 162 occupations →

07

Inside this industry

1 row sits directly beneath 3117, and 2 in all once every level is counted. Each has a base report of its own.

CodeIndustryEstablishments · CAWhat is known
31171Seafood product preparation and packaging372screened at 3117

Alongside it, under 311 Food manufacturing