Global Squid Market 2024-2028
The squid market is forecasted to grow by USD 2.65 bn during 2023-2028, accelerating at a CAGR of 4.13% during the forecast period. The report on the squid 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 the growing popularity of sushi and squid-based dishes among consumers in developed countries, the demand for processed seafood, and the increasing prominence of land-based fish farming.
Technavio's squid market is segmented as below:
By Product
By Distribution Channel
By Geographical Landscape
- Europe
- APAC
- North America
- South America
- Middle East and Africa
This study identifies the emergence of sustainable aquaculture practices as one of the prime reasons driving the squid market growth during the next few years. Also, the growth of online retailing and technological advancements in aquaculture will lead to sizable demand in the market.
The report on the squid market covers the following areas:
- Squid market sizing
- Squid market forecast
- Squid 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 squid market vendors including Aksha Fish Meal And Oil Co., Freshkatch, Holmes Seafood Ltd., Holt Seafood Company Pty Ltd., Indepesca Overseas Pvt. Ltd., KING FISH PRODUCTS PVT LTD., Lee Fishing Company, MINH KHUE SEAFOODS CO., Nissui Corp., Nueva Pescanova SL, Oceana Inc., PT. Sukses Lautan Indonesia, Qingdao Seaflying Food Co. Ltd, Seafood Pride International, Super Royale Seafoods Intl Inc., Thai Union Group PCL, and xiamen taiseng seafoods Co. ltd. Also, the squid 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 and an analysis of the key vendors.
The publisher presents a detailed picture of the market through study, synthesis, and summation of data from multiple sources by analyzing 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 accurate market growth.