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How a Sardine Gets From the Ocean to a Can

Just a decade ago, tinned fish was hardly a premium product. Most Americans likely associated cans of tuna with thrift.

But that has changed a lot in recent years. The category took off during Covid and now shoppers are shelling out for high end brands like Fishwife.

Today's guest Becca Millstein started the company in 2020, positioning it as a distinct, artisanal product, more akin to one might find in European grocery stores.

In addition to the sheer challenges of scaling, the nature of the business itself has changed, influenced by climate change and geopolitics (shortages have led Morocco to suspend frozen sardine exports for instance).

We discuss the tinned fish supply chain and how a new brand positions itself in today's media market. (Source: Bloomberg)

Source: Bloomberg MarketsOriginal source

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⚠️ A model estimate of cascade risk — not a guarantee and not buy/sell. Calibration uses resolved outcomes only; monitor confirmation indicators below.

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