What are Marine-Based Industries with Examples?

Answer: Seafood and ocean products are used as raw materials by marine-based enterprises, such as those that process seafood or produce fish oil. Marine industries refer to industries that employ sea and ocean items as raw materials. 

Example – Marine Food Industry. 

The backbone of global trade and the global economy is maritime transit. Because sea transport is a less expensive mode of transportation, the overall cost of the business can be decreased. Maritime industry supports the living standards of individuals in rich and industrialised countries, as well as the livelihoods and jobs of billions of people in underdeveloped countries.