Seafood Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	187 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185535

Best Price Guarantee
Price	from $4,850
Length	187 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185535

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:

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