About Fish and Seafood Market in Europe
With the growing population, the demand for food, including seafood, has increased in Europe. To meet the burgeoning demand, the production of fish and seafood needs to increase more than twofold. The growth of the food and beverage industry, changing lifestyles, and increased demand for processed seafood drove the fish and seafood market in Europe in 2015.
Technavio’s analysts forecast the fish and seafood market in Europe to grow at a CAGR of 2.93% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the fish and seafood market in Europe for 2016-2020. To calculate the market size, the report considers the revenue generated from the retail sales of fish and seafood.
The market is divided into the following segments based on product type:
Technavio Announces the Publication of its Research Report – Fish and Seafood Market in Europe 2016-2020
Technavio recognizes the following companies as the key players in the Fish and Seafood Market in Europe: Marine Harvest, Bolton Group, Grupo Freiremar and Nomad Foods.
Other Prominent Vendors in the market are: Dong Won Fisheries, Faroe Seafood, Findus Group, Grupo Calvo, Kverva, Mogster Group, Pinnacle Foods Group, Princes Group, Stolt Sea Farm and Surapon Foods.
Commenting on the report, an analyst from Technavio’s team said: “Eco-labels are conferred on products that are believed to have a lower impact on the environment in comparison to other products in the same segment. Greater consumer awareness about eco-friendly and environmentally sustainable fishing methods has necessitated eco-labeling in the fish and seafood sector.”
According to the report, a key factor responsible for the growth of the fish and seafood market in Europe is the region's growing population. This, coupled with people's increasing disposable income, has led to the increased consumption of food, in general, and seafood, in particular.
Further, the report states that consumers' growing concern for the environment is expected to decrease commercial fishing during the forecast period.
Marine Harvest, Bolton Group, Grupo Freiremar, Nomad Foods, Dong Won Fisheries, Faroe Seafood, Findus Group, Grupo Calvo, Kverva, Mogster Group, Pinnacle Foods Group, Princes Group, Stolt Sea Farm, Surapon Foods.
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