Report cover image

Seafood Market

Publisher Fortune Business Insights Pvt. Ltd.
Published Sep 01, 2024
Length 187 Pages
SKU # FOB19185535

Description

Seafood Market



Growth Factors of Seafood Market

The seafood market size was valued at USD 358.68 billion in 2023, and the market is now projected to grow from USD 386.73 billion in 2024 to USD 837.17 billion by 2032, exhibiting a CAGR of 10.14% during the forecast period of 2023-2032.

Due to the covid pandemic many companies shut down their prediction units and projects due to hindered travel acquisitions which ultimately created a decline in the seafood market growth. As the companies requires workers and skilled professional to work on projects and to manage the manufacturing of products but due to covid pandemic the working scenario has been hindered to avoid social gathering and follow covid guidelines.

The market is rising due to increasing awareness for health among consumers. Growing Predisposition for Adoption of Pescetarianism to will foster seafood market growth in the upcoming future. Intake of Omega-3 fatty acids rich foods such as fish, especially salmon, herring, and trout, which also have nutritional value and health benefits as it protect heart- and brain-healthy hence advantages of omega-3 fatty acids rich seafood consumption have increased as a result of these recommendations. Additionally, eating a pescatarian diet or regularly consuming fisheries products can help reduce the chance of developing health issues like obesity, cardiovascular disease, and other conditions.

These methods also aid in the preservation of fisheries products and other foods by preventing the formation of food diseases. Furthermore, the nations are working hard to produce enough goods for the entire market in order to meet the growing demand for a variety of seafoods. For example, Chinese farmers and processors are putting more and more emphasis on meeting domestic demand, while producers in the West and other Asian regions supply China's customers with seafood like lobster, salmon, and scallops.

Comprehensive Analysis of Seafood Market

The seafood market is witnessing an exponential growth rate due to its market segmentation. This market expansion effectively provides a detailed geographical assessment considering the dominant supply and demand forces that impact the food and beverages benefit management industry. These segmentations are methodically segregated by types, by form and by distribution channel. The types segmentation includes Fish, Crustaceans, Mollusca, and Others and by form segmentation includes fresh and processed. However, the distribution channel includes Supermarkets/Hypermarkets, Convenience Stores & Specialty Stores, Online Sales Channel, and Others.

In the seafood market, the Asia Pacific region lead the market by benefitting a market size of USD 156.6 billion in 2023 owing to robust urbanization and increasing awareness among consumers for health and easy to cook at home.

The prominent players in the market play a crucial role in the food and beverages industry assuring industrial prospectus growth and setting market standards. These players include, Nippon Suisan Kaisha Ltd. (Japan), Maruha Nichiro (Japan), Dongwon Group (South Korea), OUG Holdings (Japan), Mowi ASA (Norway), Charoen Pokphand Foods Group (Thailand), Marubeni Corporation (Japan), Mitsubishi Corporation (Japan), Thai Union Group Public Company Limited (Thailand) and Trident Seafoods Corporation (U.S.), these market players provide a level-playing competitive landscape.

In May 2022, In Puerto Las Palmas, Spain, Nueva Pescanova announced the filing of their project to construct a new commercial octopus. The company has been working hard to create a technique for farming octopuses, and it recently declared that it had successfully raised, hatched, and incubated five generations of O. vulgaris octopuses in a test facility.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 10.14% over 2024 to 2032

Unit Value (USD Billion)

Segmentation By Type

- Fish

- Crustaceans

- Molluscs

- Others

By Form

- Fresh

- Processed

By Distribution Channel

- Supermarkets/Hypermarkets

- Convenience Stores & Specialty Stores

- Online Sales Channel

- Others

By Geography

- North America (By Type, Form, and Distribution Channel)
  • U.S. (By Type)
  • Canada (By Type)
  • Mexico (By Type)
- Europe (By Type, Form, and Distribution Channel)
  • U.K. (By Type)
  • France (By Type)
  • Germany (By Type)
  • Italy (By Type)
  • Spain (By Type)
  • Rest of Europe (By Type)
- Asia Pacific (By Type, Form, and Distribution Channel)
  • China (By Type)
  • India (By Type)
  • Japan (By Type)
  • Australia (By Type)
  • Rest of Asia Pacific (By Type)
- South America (By Type, Form, and Distribution Channel)
  • Brazil (By Type)
  • Argentina (By Type)
  • Rest of South America (By Type)
- Middle East and Africa (By Type, Form, and Distribution Channel)
  • South Africa (By Type)
  • United Arab Emirates (By Type)
  • Rest of the Middle East & Africa (By Type)


    • Please Note: It will take 5-6 business days to complete the report upon order confirmation.

Table of Contents

187 Pages
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Trends
4. Key Insights
4.1. Overview of the Parent/Related Markets
4.2. Supply Chain Analysis
4.3. Regulatory Framework
4.4. Recent Industry Developments - Policies, Partnerships, New Product Launches, and Mergers & Acquisitions
4.5. Analysis related to COVID-19
5. Global Seafood Market Analysis, Insights and Forecast, 2019-2032
5.1. Key Findings / Summary
5.2. Market Size Estimates and Forecast
5.2.1. By Type (By Value)
5.2.1.1. Fish
5.2.1.2. Crustaceans
5.2.1.3. Molluscs
5.2.1.4. Others
5.2.2. By Form (By Value)
5.2.2.1. Fresh
5.2.2.2. Processed
5.2.3. By Distribution Channel (By Value)
5.2.3.1. Supermarkets/Hypermarkets
5.2.3.2. Convenience Stores & Specialty Stores
5.2.3.3. Online Sales Channels
5.2.3.4. Others
5.2.4. By Region (By Value)
5.2.4.1. North America
5.2.4.2. Europe
5.2.4.3. Asia Pacific
5.2.4.4. South America
5.2.4.5. Middle East & Africa
6. North America Seafood Market Analysis, Insights and Forecast, 2019-2032
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Type (Value)
6.2.1.1. Fish
6.2.1.2. Crustaceans
6.2.1.3. Molluscs
6.2.1.4. Others
6.2.2. By Form (Value)
6.2.2.1. Fresh
6.2.2.2. Processed
6.2.3. By Distribution Channel (Value)
6.2.3.1. Supermarkets/Hypermarkets
6.2.3.2. Convenience Stores & Specialty Stores
6.2.3.3. Online Sales Channel
6.2.3.4. Others
6.2.4. By Country (Value)
6.2.4.1. U.S
6.2.4.1.1. By Type (Value)
6.2.4.1.1.1. Fish
6.2.4.1.1.2. Crustaceans
6.2.4.1.1.3. Molluscs
6.2.4.1.1.4. Others
6.2.4.2. Canada
6.2.4.2.1. By Type (Value)
6.2.4.2.1.1. Fish
6.2.4.2.1.2. Crustaceans
6.2.4.2.1.3. Molluscs
6.2.4.2.1.4. Others
6.2.4.3. Mexico
6.2.4.3.1. By Type (Value)
6.2.4.3.1.1. Fish
6.2.4.3.1.2. Crustaceans
6.2.4.3.1.3. Molluscs
6.2.4.3.1.4. Others
7. Europe Seafood Market Analysis, Insights and Forecast, 2019-2032
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Type (Value)
7.2.1.1. Fish
7.2.1.2. Crustaceans
7.2.1.3. Molluscs
7.2.1.4. Others
7.2.2. By Form (Value)
7.2.2.1. Fresh
7.2.2.2. Processed
7.2.3. By Distribution Channel (Value)
7.2.3.1. Supermarkets/Hypermarkets
7.2.3.2. Convenience Stores & Specialty Stores
7.2.3.3. Online Sales Channel
7.2.3.4. Others
7.2.4. By Country (Value)
7.2.4.1. U.K.
7.2.4.1.1. By Type (Value)
7.2.4.1.1.1. Fish
7.2.4.1.1.2. Crustaceans
7.2.4.1.1.3. Molluscs
7.2.4.1.1.4. Others
7.2.4.2. France
7.2.4.2.1. By Type (Value)
7.2.4.2.1.1. Fish
7.2.4.2.1.2. Crustaceans
7.2.4.2.1.3. Molluscs
7.2.4.2.1.4. Others
7.2.4.3. Germany
7.2.4.3.1. By Type (Value)
7.2.4.3.1.1. Fish
7.2.4.3.1.2. Crustaceans
7.2.4.3.1.3. Molluscs
7.2.4.3.1.4. Others
7.2.4.4. Spain
7.2.4.4.1. By Type (Value)
7.2.4.4.1.1. Fish
7.2.4.4.1.2. Crustaceans
7.2.4.4.1.3. Molluscs
7.2.4.4.1.4. Others
7.2.4.5. Italy
7.2.4.5.1. By Type (Value)
7.2.4.5.1.1. Fish
7.2.4.5.1.2. Crustaceans
7.2.4.5.1.3. Molluscs
7.2.4.5.1.4. Others
7.2.4.6. Rest of Europe
7.2.4.6.1. By Type (Value)
7.2.4.6.1.1. Fish
7.2.4.6.1.2. Crustaceans
7.2.4.6.1.3. Molluscs
7.2.4.6.1.4. Others
8. Asia Seafood Market Analysis, Insights and Forecast, 2019-2032
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Type (Value)
8.2.1.1. Fish
8.2.1.2. Crustaceans
8.2.1.3. Molluscs
8.2.1.4. Others
8.2.2. By Form (Value)
8.2.2.1. Fresh
8.2.2.2. Processed
8.2.3. By Distribution Channel (Value)
8.2.3.1. Supermarkets/Hypermarkets
8.2.3.2. Convenience Stores & Specialty Stores
8.2.3.3. Online Sales Channel
8.2.3.4. Others
8.2.4. By Country (Value)
8.2.4.1. China
8.2.4.1.1. By Type (Value)
8.2.4.1.1.1. Fish
8.2.4.1.1.2. Crustaceans
8.2.4.1.1.3. Molluscs
8.2.4.1.1.4. Others
8.2.4.2. India
8.2.4.2.1. By Type (Value)
8.2.4.2.1.1. Fish
8.2.4.2.1.2. Crustaceans
8.2.4.2.1.3. Molluscs
8.2.4.2.1.4. Others
8.2.4.3. Japan
8.2.4.3.1. By Type (Value)
8.2.4.3.1.1. Fish
8.2.4.3.1.2. Crustaceans
8.2.4.3.1.3. Molluscs
8.2.4.3.1.4. Others
8.2.4.4. Australia
8.2.4.4.1. By Type (Value)
8.2.4.4.1.1. Fish
8.2.4.4.1.2. Crustaceans
8.2.4.4.1.3. Molluscs
8.2.4.4.1.4. Others
8.2.4.5. Rest of Asia Pacific
8.2.4.5.1. By Type (Value)
8.2.4.5.1.1. Fish
8.2.4.5.1.2. Crustaceans
8.2.4.5.1.3. Molluscs
8.2.4.5.1.4. Others
9. South America Seafood Market Analysis, Insights and Forecast, 2019-2032
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Type (Value)
9.2.1.1. Fish
9.2.1.2. Crustaceans
9.2.1.3. Molluscs
9.2.1.4. Others
9.2.2. By Form (Value)
9.2.2.1. Fresh
9.2.2.2. Processed
9.2.3. By Distribution Channel (Value)
9.2.3.1. Supermarkets/Hypermarkets
9.2.3.2. Convenience Stores & Specialty Stores
9.2.3.3. Online Sales Channel
9.2.3.4. Others
9.2.4. By Country (Value)
9.2.4.1. Brazil
9.2.4.1.1. By Type (Value)
9.2.4.1.1.1. Fish
9.2.4.1.1.2. Crustaceans
9.2.4.1.1.3. Molluscs
9.2.4.1.1.4. Others
9.2.4.2. Argentina
9.2.4.2.1. By Type (Value)
9.2.4.2.1.1. Fish
9.2.4.2.1.2. Crustaceans
9.2.4.2.1.3. Molluscs
9.2.4.2.1.4. Others
9.2.4.3. Rest of South America
9.2.4.3.1. By Type (Value)
9.2.4.3.1.1. Fish
9.2.4.3.1.2. Crustaceans
9.2.4.3.1.3. Molluscs
9.2.4.3.1.4. Others
10. Middle East & Africa Seafood Market Analysis, Insights and Forecast, 2019-2032
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Type (Value)
10.2.1.1. Fish
10.2.1.2. Crustaceans
10.2.1.3. Molluscs
10.2.1.4. Others
10.2.2. By Form (Value)
10.2.2.1. Fresh
10.2.2.2. Processed
10.2.3. By Distribution Channel (Value)
10.2.3.1. Supermarkets/Hypermarkets
10.2.3.2. Convenience Stores & Specialty Stores
10.2.3.3. Online Sales Channel
10.2.3.4. Others
10.2.4. By Country (Value)
10.2.4.1. South Africa
10.2.4.1.1. By Type (Value)
10.2.4.1.1.1. Fish
10.2.4.1.1.2. Crustaceans
10.2.4.1.1.3. Molluscs
10.2.4.1.1.4. Others
10.2.4.2. United Arab Emirates
10.2.4.2.1. By Type Value)
10.2.4.2.1.1. Fish
10.2.4.2.1.2. Crustaceans
10.2.4.2.1.3. Molluscs
10.2.4.2.1.4. Others
10.2.4.3. Rest of Middle East & Africa
10.2.4.3.1. By Type (Value)
10.2.4.3.1.1. Fish
10.2.4.3.1.2. Crustaceans
10.2.4.3.1.3. Molluscs
10.2.4.3.1.4. Others
11. Competitive Matrix
11.1. Business Strategies Adopted by Leading Players
11.2. Global Seafood Market Revenue Share/Ranking Analysis, By Key Manufacturer
12. Company Profiles
12.1. Nippon Suisan Kaisha Ltd.
12.1.1. Overview
12.1.2. Description
12.1.3. Product Portfolio
12.1.4. Financials (Data as available in public domain and/or on paid databases)
12.1.5. Recent Developments
12.2. Charoen Pokphand Foods Group
12.2.1. Overview
12.2.2. Description
12.2.3. Product Portfolio
12.2.4. Financials (Data as available in public domain and/or on paid databases)
12.2.5. Recent Developments
12.3. Maruha Nichiro
12.3.1. Overview
12.3.2. Description
12.3.3. Product Portfolio
12.3.4. Financials (Data as available in public domain and/or on paid databases)
12.3.5. Recent Developments
12.4. Mowi ASA
12.4.1. Overview
12.4.2. Description
12.4.3. Product Portfolio
12.4.4. Financials (Data as available in public domain and/or on paid databases)
12.4.5. Recent Developments
12.5. Dongwon Group
12.5.1. Overview
12.5.2. Description
12.5.3. Product Portfolio
12.5.4. Financials (Data as available in public domain and/or on paid databases)
12.5.5. Recent Developments
12.6. Marubeni Corporation
12.6.1. Overview
12.6.2. Description
12.6.3. Product Portfolio
12.6.4. Financials (Data as available in public domain and/or on paid databases)
12.6.5. Recent Developments
12.7. Mitsubishi Corporation
12.7.1. Overview
12.7.2. Description
12.7.3. Product Portfolio
12.7.4. Financials (Data as available in public domain and/or on paid databases)
12.7.5. Recent Developments
12.8. OUG Holdings
12.8.1. Overview
12.8.2. Description
12.8.3. Product Portfolio
12.8.4. Financials (Data as available in public domain and/or on paid databases)
12.8.5. Recent Developments
12.9. Thai Union Group Public Company Limited
12.9.1. Overview
12.9.2. Description
12.9.3. Product Portfolio
12.9.4. Financials (Data as available in public domain and/or on paid databases)
12.9.5. Recent Developments
12.10. Trident Seafoods Corporation
12.10.1. Overview
12.10.2. Description
12.10.3. Product Portfolio
12.10.4. Financials (Data as available in public domain and/or on paid databases)
12.10.5. Recent Developments
13. Strategic Recommendations
14. Appendix

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us