Seafood market length expected to succeed at USD 207. 2 billion through 2030, developing at a CAGR of 2. 9%: Straits Research

\n \n \n “. concat(self. i18n. t(‘search. voice. recognition_retry’), “\n

The length of the global seafood market was valued at USD 160. 2 billion in 2021 and is expected to reach USD 207. 2 billion by 2030 with a CAGR of 2. 9% from 2022 to 2030. Europe is the world’s largest importer of fish and seafood.

NEW YORK, USA, Oct. 25, 2022 (GLOBE NEWSWIRE) — Much of the world’s population is nourished by the seafood sector, which has a major effect on the social and economic prosperity of several countries. The seafood sector encompasses a variety of species, adding fish, shrimp, shrimp and crabs, and fish account for more than one share of the market. The popularity of fitness and fitness among millennials and other young people is expanding the demand for protein powder and nutritional supplements. Fish is a low-calorie source of protein, nutrients, and minerals that also helps build muscle. That’s why fish extracts are widely used in protein powders and nutritional supplements.

Get a loose pattern from this @ https://straitsresearch. com//seafood-market/request-pattern

Food Service: The Fastest Development of the Seafood Market

On the basis of sales channel, the seafood market is segmented into detail, catering and institutional. The retail segment holds the largest share of the seafood market due to the growing preference for home-cooked foods and the expansion of seafood restaurants. Catering service, on the other hand, is the fastest growing segment due to the conversion of visitors’ lifestyles. Today, consumers would rather have exotic dishes in restaurants than prepare themselves due to the busy meal schedule and the growing trend of dining with friends and family, especially in urban areas. A study commissioned by the Centers for Disease Control and Prevention and the National Center for Health Statistics shows that other people consume mostly seafood at home, accounting for about 58% of total seafood consumption.

Scope of the report

Report metric

Details

Market size

$207. 2 billion through 2030

CAGR

2,9 (2022-2030)

Historical information

2019-2020

Base year

2021

Forecast period

2022-2030

Forecast units

Value (billions of dollars)

Report Coverage

Revenue forecasts, competitive landscape, expansion drivers and trends

Segments covered

Type of fish, carcass, region

Geographical areas covered

North America, Europe, Asia-Pacific, LAME and Rest of the World

Main companies/suppliers profiled

Pacific Seafood, Kangamiut Seafood A/S, American Seafoods Company, Phillips Foods, Inc. , Trident Seafoods Corporation, Marine Harvest ASA, Thai Union Group PCL, Lee Fishing Company, Leigh Fisheries, Austevoll Seafood ASA, Amalgam Enterprises, Cooke Aquaculture, Inc. . . , Dongwon Group, Empresas AquaChile S. A, Faroe Seafood, Handy Seafood, Inc. , Hansung Enterprise Co. Ltd

Key Market Drivers

Uncork food trends and increase buying force to drive market expansion Increase demand for fish protein powder to drive market expansion

Buy now the complete @ https://straitsresearch. com/buy-now/seafood-market

Europe will have the lion’s share of the seafood market

In 2018, approximately USD 22. 1 billion worth of seafood was imported into Europe, up from USD 13. 4 billion in 2015. Developing countries account for approximately 70% of the European seafood market share, and the ten most sensible seafood suppliers are India and China. , Vietnam, Ecuador, Morocco, Bangladesh, Mauritania, Madagascar, Senegal, and Tanzania. However, the COVID-19 outbreak has severely affected the region’s seafood market due to supply chain disruption and government-imposed lockdowns. Seafood imports are expected to decline within two years in Europe. India and Morocco are expected to be the main suppliers of seafood after COVID-19 and in Europe.

Reflexes

With a projected CAGR of 2. 9% from 2022 to 2030, the length of the global fishing industry is expected to grow from 2021 from USD 160. 2 billion to USD 207. 2 billion through 2030.

The seafood market is divided into categories according to type, adding crustaceans, flatfish, cephalopods, groundfish, pelagids, mollusks, salmonids, and tuna.

Salmonids and tuna are the maximum marine species.

Fish protein powder will drive market expansion due to increasing demand

Europe is the world’s importer of fish and seafood.

Key players. Main players

Pacific Seafood

Seafood Kangamiut A/S

American seafood company

Phillips Foods, Inc.

Trident Seafood Company

Marine Harvest ASA

Thai Union Group PCL

Lee Fishing Company

Leigh Fishing

Austevoll Seafood ASA

Amalgam companies

Cooke Aquaculture, Inc.

Dongwon Group

Empresas AquaChile S. A.

Faroese seafood

Practical Seafood, Inc.

Hansung Enterprise Co. Ltd.

Get a loose pattern from this @ https://straitsresearch. com//seafood-market/request-pattern

Seafood Market: Segmentation

of fish

Crustaceans

Flounder

cephalopods

Bottom fish

Pelagic

Salmonids

Molluscs

Tuna

by channel

Detail

Food service

Institutional

By region

North America

Europe ×

Asia Pacific

Central and South America and the Caribbean

Middle East

africa

CONTENT

1. Introduction

1. 1 Market definition

1. 2 Scope of the contract

2 Research methodology

2. 1 Main research

2. 2 Research methodology

2. 3 Assumptions and exclusions

2. 4 Secondary data sources

3 Executive summary

4 Market presentation

4. 1 Report Segmentation and Scope

4. 2 Value Chain Analysis: Seafood Market

4. 2. 1 Supplier matrix

4. 3 Key market trends

4. 3. 1 Drivers

4. 3. 2 Restrictions

4. 3. 3 Opportunities

4. 4 Porter’s Five Forces Analysis

4. 4. 1 Negotiation of suppliers

4. 4. 2 Buyer negotiation

4. 4. 3 Threat of substitution

4. 4. 4 Threat of new entrants

4. 4. 5 Competitive rivalry

4. 5 Environmental and regulatory landscape

4. 6 Predictor relevance and impact

4. 7 Macroeconomic and geopolitical scenario

4. 8 Market presentation

4. 9 COVID-19 Impact Assessment

4. 9. 1 Market analysis before and after COVID-19

4. 9. 2 Timeline and challenge of market recovery

4. 9. 3 Measures taken through players

4. 9. 4 Quarterly Revenue and Market Growth Forecast to 2030

4. 9. 4. 1 North America

4. 9. 4. 2 Europe

4. 9. 4. 3 Asia-Pacific

4. 9. 4. 4 Central, South America and the Caribbean

4. 9. 4. 5 Middle East and Africa

4. 10 Technology landscape

4. 11 Market share analysis

4. 12 Potential business analysis

4. 13 Regional price trends

4. 14 Commodity trends

4. 15 Cost Structure Analysis

4. 15. 1 Labour costs

4. 15. 2 Consumables

4. 15. 3 Maintenance Cost

5 Overview of fish types

5. 1 Presentation

5. 1. 1 Market and forecast (value and volume)

5. 2 Crustaceans

5. 2. 1 Market and forecasting (value and volume)

5. 3 Flatfish

5. 3. 1 Market and forecasting (value and volume)

5. 4 Cephalopods

5. 4. 1 Market and forecasting (value and volume)

5. 5 Groundfish

5. 5. 1 Market and forecasting (value and volume)

5. 6 Pelagic

5. 6. 1 Market and forecasting (value and volume)

5. 7 Salmonids

5. 7. 1 Market and forecasting (value and volume)

5. 8 Molluscs

5. 8. 1 Market and forecast (value and volume)

5. 9 Tuna

5. 9. 1 Market and forecasting (value and volume)

5. 10 Other

5. 10. 1 Market and forecast (value and volume)

6 Presentation of the channel

6. 1 Presentation

6. 1. 1 Market and forecasting (value and volume)

6. 2 Retail

6. 2. 1 Market and forecasting (value and volume)

6. 3 Restoration

6. 3. 1 Market and forecasting (value and volume)

6. 4 Institutional

6. 4. 1 Market and forecasting (value and volume)

7 Regional overview

7. 1 Presentation

7. 1. 1 Market and forecasting (value and volume)

7. 2 North America

7. 2. 1 Economic summary

7. 2. 2 Market scenario

7. 2. 3 United States

7. 2. 3. 1 By fish

7. 2. 3. 2 Per channel

7. 2. 4 Canada

7. 2. 4. 1 By fish

7. 2. 4. 2 Per channel

7. 2. 5 Mexico

7. 2. 5. 1 By fish

7. 2. 5. 2 Per channel

7. 2. 6 Central, South America and the Caribbean

7. 2. 7 Economic summary

7. 2. 8 Market scenario

7. 2. 9 Brazil

7. 2. 9. 1 By fish

7. 2. 9. 2 Per channel

7. 2. 10 Argentina

7. 2. 10. 1 Per fish

7. 2. 10. 2 Per channel

7. 2. 11 Columbia

7. 2. 11. 1 Per fish

7. 2. 11. 2 Per channel

7. 2. 12 Those of Central and South America and the Caribbean

7. 2. 12. 1 By fish

7. 2. 12. 2 Per channel

7. 3 Europe

7. 3. 1 Economic summary

7. 3. 2 Market scenario

7. 3. 3 Germany

7. 3. 3. 1 By fish

7. 3. 3. 2 Per channel

7. 3. 4 France

7. 3. 4. 1 By fish

7. 3. 4. 2 Per channel

7. 3. 5 The United Kingdom.

7. 3. 5. 1 Per fish

7. 3. 5. 2 Per channel

7. 3. 6 Italy

7. 3. 6. 1 By fish

7. 3. 6. 2 Per channel

7. 3. 7 Rest of Europe

7. 3. 7. 1 By fish

7. 3. 7. 2 Per channel

7. 4 Asia Pacific (APAC)

7. 4. 1 Economic summary

7. 4. 2 Market scenario

7. 4. 3 China

7. 4. 3. 1 Per fish

7. 4. 3. 2 Per channel

7. 4. 4 Japan

7. 4. 4. 1 By fish

7. 4. 4. 2 Per channel

7. 4. 5 India

7. 4. 5. 1 Per fish

7. 4. 5. 2 Per channel

7. 4. 6 Australia

7. 4. 6. 1 Per fish

7. 4. 6. 2 Per channel

7. 4. 7 South Korea

7. 4. 7. 1 By fish

7. 4. 7. 2 Per channel

7. 4. 8 ACPA

7. 4. 8. 1 By fish

7. 4. 8. 2 Per channel

7. 5 Middle East

7. 5. 1 Economic summary

7. 5. 2 Market scenario

7. 5. 3 Saudi Arabia

7. 5. 3. 1 By fish

7. 5. 3. 2 Per channel

7. 5. 4 UAE

7. 5. 4. 1 By fish

7. 5. 4. 2 Per channel

7. 5. 5 Qatar

7. 5. 5. 1 Per fish

7. 5. 5. 2 Per channel

7. 5. 6 Oman

7. 5. 6. 1 Per fish

7. 5. 6. 2 Per channel

7. 5. 7 Turkey

7. 5. 7. 1 Per fish

7. 5. 7. 2 Per channel

7. 5. 8 MEA

7. 5. 8. 1 Per fish

7. 5. 8. 2 Per channel

7. 6 Africa

7. 6. 1 Economic summary

7. 6. 2 Market scenario

7. 6. 3 Nigeria

7. 6. 3. 1 By fish

7. 6. 3. 2 Per channel

7. 6. 4 South Africa

7. 6. 4. 1 Per fish

7. 6. 4. 2 Per channel

7. 6. 5 Africa

7. 6. 5. 1 By fish

7. 6. 5. 2 Per channel

8 Competitive landscape: manufacturers and suppliers

8. 1 Competition board

8. 2 Industry structure

8. 3 Pacific Seafood

8. 3. 1 Presentation of the activity

8. 3. 2 Financial performance

8. 3. 3 Recent developments

8. 3. 4 Product portfolio

8. 4 Kangamiut Seafood A/S

8. 4. 1 Presentation of the activity

8. 4. 2 Financial performance

8. 4. 3 Recent developments

8. 4. 4 Product portfolio

8. 5 American seafood company

8. 5. 1 Presentation of the activity

8. 5. 2 Financial performance

8. 5. 3 Recent developments

8. 5. 4 Product portfolio

8. 6 Phillips Foods, Inc.

8. 6. 1 Presentation of the activity

8. 6. 2 Financial performance

8. 6. 3 Recent developments

8. 6. 4 Product portfolio

8. 7 Trident Seafood Corporation

8. 7. 1 Company presentation

8. 7. 2 Financial performance

8. 7. 3 Recent developments

8. 7. 4 Product portfolio

8. 8 ASA Marine Harvest

8. 8. 1 Company presentation

8. 8. 2 Financial performance

8. 8. 3 Recent developments

8. 8. 4 Product portfolio

8. 9 Thai Union Group PCL

8. 9. 1 Company presentation

8. 9. 2 Financial performance

8. 9. 3 Recent developments

8. 9. 4 Product portfolio

8. 10 Lee Fishing Company

8. 10. 1 Company presentation

8. 10. 2 Financial performance

8. 10. 3 Recent developments

8. 10. 4 Product portfolio

8. 11 Leigh fisheries

8. 11. 1 Company presentation

8. 11. 2 Financial performance

8. 11. 3 Recent developments

8. 11. 4 Product portfolio

8. 12 Austevoll Seafood ASA

8. 12. 1 Company presentation

8. 12. 2 Financial performance

8. 12. 3 Recent developments

8. 12. 4 Product portfolio

9 Conclusion and recommendation

10 Acronyms and abbreviations

Table of Contents and Figure @ https://straitsresearch. com/report/seafood-market/toc

Media

Increase nutrient-rich seafood intake for aquaculture market growth

Read the similar report

Dietary Supplement Market: Information via Form (Soft Gel/Pills, Liquid), Application (Sports Nutrition, Weight Loss), Ingredient, End Use, Sales Channel, and Region: Forecast to 2030

Shrilk Market: Information through Type (Fibroin, Chitin), End Use (Medical, Automotive, Packaging), and Region: Forecast to 2029

Canned tuna market: data via (bonito, yellowfin tuna, bluefin tuna), sales channel (point of sale, supermarket, hypermarket, online market) – Forecast to 2026

Shrimp Market: Information Through Source (Cold Water, Hot Water), Form (Frozen, Canned), and Region: Forecast to 2030

About Straits Research Pvt. Limited.

StraitsResearch is a business data company that provides global business intelligence reporting and services. Our proprietary combination of quantitative forecasting and trend studies provides forward-looking data to thousands of resolution makers. Straits Research Pvt. Ltd. provides actionable market research data, particularly designed and presented for decision making and return on investment.

Whether it’s industries in the city next door or on every continent, we perceive the importance of knowing the customer’s purchase. We triumph over our clients’ disruptions by detecting and deciphering the target organization and generating leads with maximum accuracy. We seek to collaborate with our clients to deliver a wide diversity of effects through a combination of commercial and market research approaches.

To learn more about your target market, please contact us below:

Phone: 1-646-480-7505 (U. S. )

91 8087085354 (APAC)

44 208 068 9665 (United Kingdom)

Email: sales@straitsresearch. com

Follow us: LinkedIn | Facebook | Instagram | Chirp

Leave a Comment

Your email address will not be published. Required fields are marked *