Global Seafood Market 2024-2028

Global Seafood Market 2024-2028

The seafood market is forecasted to grow by USD 150.04 bn during 2023-2028, accelerating at a CAGR of 13.55% during the forecast period. The report on the seafood market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising consumer awareness about healthy nutrition, rising popularity of seafood in aging population, and increasing prominence of land-based fish farming.

Technavio's seafood market is segmented as below:

By Type

• Fish
• Crustacean
• Mollusca
• Others

By Distribution Channel

• Offline
• Online

By Geography

• APAC
• North America
• South America
• Europe
• Middle East and Africa

This study identifies the growth of online retailing in seafood industry as one of the prime reasons driving the seafood market growth during the next few years. Also, promotion of sustainable fishing and seafood consumption and extensive scope through organized retailing will lead to sizable demand in the market.

The report on the seafood market covers the following areas:

• Seafood market sizing
• Seafood market forecast
• Seafood market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading seafood market vendors that include Aker BioMarine ASA, Austevoll Seafood ASA, Clifton Sea Food Co., Cooke Aquaculture Inc., Djibah Seafood SARL, Grayton Seafood Co. LLC, Kangamiut Seafood AS, Kings Seafood Group, Lee Fish, Lee Fishing Company, Marel Group, Mida Food Distributors Inc., Motor City Seafood Co., Mowi ASA, Nueva Pescanova SL, Pacific Seafood Group, Phillips Foods Inc., Seattle Fish Co., The Deep Seafood Co., and Trident Seafoods Corp.. Also, the seafood market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.