Supply chain and logistics are often confusing terms. They are used interchangeably in the industry which doesn’t justify their key and differentiated functioning. The blog post explains how they align with each other while still having their very distinct enterprise features. Further, it ascertains how the synergy between them is essential and can be enhanced through technological interventions.
The global seafood market represents a diverse and dynamic industry driven by consumer preferences, dietary trends, sustainability concerns, and international trade dynamics. Seafood consumption continues to rise worldwide, fueled by growing awareness of its nutritional benefits, culinary versatility, and expanding availability of diverse seafood products. The global seafood market is forecast to expand at a CAGR of 3.4% and thereby increase from a value of US$137.5 Bn in 2023, to US$173.8 Bn by the end of 2030.