The global seafood market is anticipated to reach USD 193,913.6 million by 2027, growing at a CAGR of 2.5 percent till 2027, according to a recent report from Allied Market Research. The growth of this market is majorly driven by factors such as an increase in awareness of the health benefits of seafood consumption and change in the lifestyle of consumers. Furthermore, the rise in the collaboration between manufacturers and foodservice providers is anticipated to provide lucrative opportunities for growth in the overall seafood market, globally.
One such specialized “Seafood Processor and Exporter” offering fresh, frozen and value-added seafood products is Chennai-based JMJ Exports. The company offers premium seafood to both domestic and international markets across the globe and is one of the largest exporters of fresh and frozen tuna and swordfish in the country.
JMJ deals only with the Hook Caught seafood products that are sustainable in nature and does not support, procure or process any products that are caught under un-ethical and non-sustainable fishing methods and practices. What makes JMJ stand out in this market segment is its exclusive range of seafood offerings that JMJ provides to its customers. In the frozen seafood segment alone, JMJ offers around 170+ different seafood products, which is probably the largest in the world, with all products meeting international standards says Shane Gomes, Chairman & Managing Director, JMJ Exports.
Other factors that differentiate JMJ Exports are its innovations in seafood, customized packaging, stringent quality control, highest levels of hygiene standards with an absolute no-compromise policy that is strictly followed and a mantra within the company.
Market Leader
JMJ is the market leader in this segment with no competition making it a monopoly in its space. JMJ focuses extensively on R&D towards advanced value addition in seafood, which is directly under the purview of the chairman where each product and its packaging is expected to be a new experience for the customer.
Best-in-class equipment for processing, packaging, and storage facilities
JMJ purchases products only from approved suppliers and vendors. The company’s highly trained procurement team performs a stringent quality check at every point of purchase. All the purchased raw materials are transported in self-owned temperature-controlled trucks right from the point of purchase till shipments; while samples are drawn from every batch of seafood arriving at the factory; tested at their inhouse laboratory before products are moved into the factory for production.
The raw materials get transferred inside the factory only after products are approved by the lab for parameters such as microbiology; histamine and mercury, which are highly critical parameters of quality; while maintaining the entire cold-chain process all through the value chain.
With the best-in-class equipment for processing, packaging, and storage facilities, all equipment and tools used for processing are sterilized and meets international standards – basically all European Union (EU); FDA and HACCP norms
With the best-in-class equipment for processing, packaging, and storage facilities, all equipment and tools used for processing are sterilized and meets international standards – basically all European Union (EU); FDA and HACCP norms, while every product is barcoded for complete traceability right from its source;
JMJ Export started its journey as a Fresh and Chilled Seafood exporter in the year 2006 with a team of only three members. However, today 17 years later the company’s annual turnover is around USD 8 million with a highly trained workforce of about 250, serving the company and the nation.
JMJ is now entering the domestic and international markets via its Concept Seafood Store Carl’s – The Seafood Gourmet Store that is scheduled for launch in 2021, which is also high tech and concept-driven – selling its entire range of seafood products under its two self-owned brands “HookCatch” & “Blanche’s” on a franchising model with over 15 categories of seafood products such as Raw Frozen Seafood, Seafood Snacks, Seafood Meals, Cold Cuts, Dry & Salted Seafood, Seafood Pickles, Spreads, Breaded & Smoked Seafood, Pasteurized Seafood, Canned Seafood, Seafood Parathas, Dry, Instant and Cup Seafood Noodles, seafood marinades and a specialty range - all crafted and developed in-house at the company R&D facility, using its in-house developed traditional spice mix compounds that bring out a unique taste to each of its products, which also helps in standardization.
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