Markets for gourmet seafood products in national and international markets are now worth over a billion dollars annually. With the right source verification tools and adequate market access, fishers can capture this market and the premiums that come with it.
Shellcatch provides a model that empowers fishers, consumers, restaurants, intermediaries, and governments by providing source verification and traceability technology. For the first time different actors across the supply chain can access a technological solution that guarantees origin and quality standards of seafood products, and sustainable fishing practices.
In the US alone fish fraud makes up more than 30% of the total amount sold in retail and restaurants. (*)
Existing technologies are focused on vessel monitoring and not on verifying the origin of seafood products.
Over 35 Million people make a living directly from fisheries or aquaculture.
Artisanal fishers and their families are often excluded from many seafood markets, and they often lack the tools to demonstrate sustainable fishing practices.
Intermediaries blur the source of products and value volume over quality seafood.
Data collected on behalf of regulatory entities on seafood catch is commonly inadequate and insufficient.
Support and assistance to artisanal fishers focuses on improving practices and management, but often ignores commercial viability and profitability.
Each of Shellcatch´s programs improve fishers livelihoods by accessing premiums and new markets for sustainable seafood products. The verification, traceability and market access process can be customized for different fishing configurations, target species, and environmental goals.
Shellcatch’s works with fishers to bring them increased returns on their catch in the form of increased sales, market differentiation, enhanced profits, stronger brand loyalty and increased end consumer satisfaction:
Environmental Verification. By delivering verification of best fishing practices, we help fishers manage their resources sustainably, ensure compliance, and access new markets for seafood products that are compatible with a healthy and productive marine environment.
Traceability. Shellcatch´s seafood is identified, tagged, weighed, and traced from the source to its packaging.
Market Access. Information on traceability and environmental practices is delivered to the customer, alongside the product.