Sea Bream Market Share, Size, Trends, Industry Analysis Report, By Product Type (Red Bream, Gilt-Head Bream, Black Bream, Pandora Bream, and White Bream); By Nature; By Packaging Type; By End Use; By Region; Segment Forecast, 2023 – 2032
The global sea bream market size is expected to reach USD 1,826.86 million by 2032, according to a new study by Polaris Market Research. The report “Sea Bream Market Share, Size, Trends, Industry Analysis Report, By Product Type (Red Bream, Gilt-Head Bream, Black Bream, Pandora Bream, and White Bream); By Nature; By Packaging Type; By End Use; By Region; Segment Forecast, 2023 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The continuously rising demand for different kinds of fish products like oil and flesh across several industries across the world and significant expansion in the demand and need for processed meals and ready-to-cook food products, as a result of hectic lifestyles and convenience, are prominent factors fueling the global market growth. Additionally, the product market has been expanding into new geographical markets. As consumer awareness and demand for sea bream grow, suppliers are exploring new markets and diversifying their customer base, thus pushing the market growth forward.
For instance, in March 2021, the Central Marine Fisheries Research Institute announced that they have successfully developed hatchery technology mainly for the black sea bream, which is likely to scale up the country’s marine production over the coming years.
Innovations in water treatment and filtration systems contribute to improved water quality management in sea bream aquaculture and the development of technologies such as biofiltration, ozone treatment, and UV disinfection that help in maintaining optimal water conditions, reduce disease risks and ensure the well-being of sea bream, are likely to emerge as major trend shaping the market growth over the coming years.
Moreover, the significant boom in e-commerce across the world and constantly changing consumer behavior have led to an increase in online sales of seafood, including sea bream, coupled with the surging number of businesses leveraging digital platforms and direct-to-consumer channels to reach a wider customer base and provide convenient access to their products, is likely to open up new revenue opportunities in the near future.
Sea Bream Market Report Highlights
Red bream segment accounted for over largest market share in 2022, mainly accelerated to rising consumer awareness regarding its range of nutritional value and potential health benefits
Organic segment is expected to hold substantial revenue share during the study period, that is significantly driven by increasing number of health-conscious consumers looking for organic products
Fresh segment leads the segment market with significant share in 2022, on due to its growing adoption as a healthier option offering higher protein content and low saturated fats
Food industry segment is projected to grow at fastest growth rate over the forecast period, owing to rising consumption of seafood and innovation in seabream products
North America region dominated the market with health share in 2022, on account of region’s higher spending capacity on premium and healthy food products and well-established transportation sector
The global key market players include Global Maris Groupe, Avramar, Selonda Aquaculture, The Nissui Group, HESY Aquaculture, Ardag Seafood Company, and Greig Seafood
Polaris Market Research has segmented the sea bream market report based on product type, nature, packaging type, end use, and region:
Sea Bream, Product Type Outlook (Revenue - USD Million, 2019 - 2032)
Red Bream
Gilt-Head Bream
Black Bream
Pandora Bream
White Bream
Sea Bream, Nature Outlook (Revenue - USD Million, 2019 - 2032)
Organic
Conventional
Sea Bream, Packaging Type Outlook (Revenue - USD Million, 2019 - 2032)
Fresh
Frozen
Canned
Others
Sea Bream, End Use Outlook (Revenue - USD Million, 2019 - 2032)
Food Industry
Retail Industry
Pet Food Industry
Others
Sea Bream, Regional Outlook (Revenue - USD Million, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Latin America
Argentina
Brazil
Mexico
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa