The seafood demand in North America was 9.0 million tons in 2016. Start reading instantly ,This title and over 12000 thousand more,available with Avenue Library, A. The report covered all the points and was very detailed. Extensive secondary research was conducted to understand the market insights and trends, followed by primary interviews to further validate the information sourced. The seafood market size was valued at $160,654.6 million in 2019. Huge consumer dependency on supermarkets/hypermarkets for the purchase of grocery products or processed edibles is expected to contribute significantly to the growth of the segment.The Asia Pacific holds the major market share in the global processed seafood market, and it is projected to expand at a significant pace during the forecast period, owing to the presence of countries such as China, Vietnam, and others. By continuing to visit this site you agree to our use of cookies . (Reports will be updated due to COVID-19 impacts on the market) Copyright @ 2019 Research Corridor. A. Seafood Market We value them as a research company worthy of building long-term relationships.”“Well done Fortune Business Insights! 2.3.2 Fast growing Seafood application industry, 2020-2026 May On-demand customization of scope of the report to exactly meet your needs Research Corridor report provides detailed premium insight into the global market and reveals the potential … , Roshan Deshmukh The Mollusca segment is the most influencing segment in the Seafood Market report. Thank you Fortune Business Insights for your efforts and prompt response”“I had a great experience working with Fortune Business Insights.
Get insights on topics that are crucial for your business. The trend also significantly influenced the food choices of consumers across the world. The growth of this sector is attributed to increase in awareness of health benefits associated with seafood and changes in lifestyle of consumers. Looking forward to work together on similar projects” “We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. Stay abreast of your interest areas. The fish segment was the highest contributor to the market, with $101,526.2 million in 2019, and is estimated to reach $125,914.3 million by 2027, at a CAGR of 2.7% during the forecast period.The growth of the seafood market can be attributed to increase in awareness of the health benefits regarding seafood and change in lifestyle of the consumers. The global seafood market size is projected to witness a rise during the forecast years, due to the increasing number of restaurants that are offering exotic seafood and changing eating habits and taste of many individuals. Moreover, the option of home deliveries, rapidly increasing number of fast food restaurant & cafes along with growing trend of eating out boost the growth of the market.By region, Asia-Pacific was the most prominent regional market in 2019. Frozen seafood segment is projected to be the dominant segment throughout the forecast period, due to increased demand for frozen food products across the globe. All Rights Reserved Increase in a number of producers and suppliers of frozen seafood and advancements in frozen food processing techniques is expected to aid the market growth in the upcoming years. On the basis of product, the seafood market is segmented into prepared, frozen and fresh and chilled seafood.
China accounted for a market share of 39.7% of the total volume in 2025. Collaboration of fishermen and fish farmers with processors, distributors, retailers, restaurants, and foodservice providers is expected to provide a solution to resolve the environmental issues and further help in making the market environmentally, economically, and socially sustainable. Mergers & acquisitions have also remained a prominent market strategy and have been adopted by several key market players to expand its product portfolio and global reach. Increasing family disposable incomes coupled with strengthening buyer power will support the Seafood market growth between 2020 and 2026.
I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”“Please pass on our sincere thanks to the whole team at Fortune Business Insights. A. Asia-Pacific holds the maximum share of the seafood market. In 2012, more than 50% of seafood traded globally, comes from developing countries.
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