Seafood Market Updates by 2031
The seafood market is expected to grow from US$ 1,71,493.93 million in 2022 to US$ 2,01,253.49 million by 2031; it is expected to grow at a CAGR of 3.0% from 2022 to 2031.
The Food and Drug Administration (FDA) stated that seafood encompasses all commercially obtained saltwater and freshwater fish, molluscan shellfish, and crustaceans. The demand for seafood is anticipated to witness dramatic growth across the globe owing to its health benefits. According to the Food and Agriculture Organization (FAO), by 2031, an additional value of 40 million tons of seafood, which is an increment of ~30%, will be required to meet the rising demand in the coming years. Also, the rising per capita consumption accompanied by the affluent nation's demand for imported seafood products is expected to support the market growth over the forecast period.
Asia Pacific held the largest share of the seafood market in 2021. Countries such as Japan, China, and South Korea have a traditional significance of fish in their cultures; hence, the high demand for fish in these countries is likely to fuel the growth of the seafood industry. In addition to fresh seafood, canned seafood is also highly embraced by the region’s population. For instance, tuna is highly popular among Asian people due to its appealing taste and ability to blend well with multiple flavors. Canned tuna products exhibit unique flavors from conventional ones that are penetrating the APAC market. Also, the enhanced distribution system with the growing e-commerce services is driving the seafood market growth.
Strategic Insights
Seafood Market Breakdown – by Region
Market Insights
Increased Demand for Frozen and Canned Seafood
With the proliferating demand for processed seafood, the market for frozen and canned seafood products is rapidly growing across the globe. Frozen seafood products are freeze processed, which aids in preventing the bacterial form of food products and increases their shelf life. Similarly, canned fish is processed and preserved in a sealed, airtight container such as an aluminum or tin can. Canned fish usually has a shelf life of 1-5 years. Canned seafood products are gaining immense traction among consumers owing to the rising demand for convenience foods. Similarly, frozen seafood is also positively embraced by the consumers, propelling the market growth. With the introduction of emerging technology, frozen seafood retains nutritional value and taste similar to fresh seafood. Freezing slows down the decaying process, thereby retaining its nutritional value. Fish frozen within a few hours of being caught contains well-preserved vitamins. It has been found that fresh fish is subject to rapid degradation and has a shorter shelf life. Hence, the rising need for convenience and increased shelf life offered by canned and frozen seafood products, coupled with increasing R&D activities by the major players, are driving the growth of the seafood market across the globe.
Product Type-Based Insights
Based on product type, the seafood market is segmented into fish, crustaceans, mollusks, and others. The crustaceans segment is projected to register the highest CAGR during the forecast period. Crustaceans are members of the subphylum Crustacea (phylum Arthropoda), a group of invertebrate animals comprising ~45,000 species across the world. The crustaceans group includes some commonly consumed seafood such as crab, shrimp, lobsters, prawns, crayfish, krill, and barnacles. They aid in weight loss, help in boosting immunity, and promote heat & brain health. Curried crab & dumplings, lobster newburg, potted shrimps, moeche, shrimp bisque, cereal prawns, and she-crab soups are a few of the most famous dishes prepared using crustaceans and are consumed all across the globe.
Distribution Channel Insights
Based on distribution, the seafood market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets & hypermarkets segment held the largest share of the seafood market in 2021. Supermarkets and hypermarkets refer to self-help shops that offer a wide variety of products on sale. Seafood has a dedicated section in supermarkets and hypermarkets. Thus, the customers are provided with a wide variety of options, especially from the freezer section. Seafood counters of supermarkets and hypermarkets are considered excellent places to purchase a wide variety of fresh and frozen seafood. These factors are projected to drive the segment's growth.
Seafood Market, by Distribution Channel – 2022 and 2031
A few of the key players operating in the seafood market are American Seafoods Company LLC, Kangamiut Seafood A/C, Lee Fishing Company, Pacific American Fish Co. Inc., Royal Greenland A/S, Mowi ASA, The Union Group PCL, Grupo Nueva Pescanova, Trident Seafoods Corporation, and SeaPak Shrimp & Seafood Company. These players are engaged in developing products with reduced health risks to meet emerging consumer trends and abide by regulatory frameworks. They are involved in mergers and acquisitions, business expansions, and partnerships to expand their market share.
Report Spotlights
- Progressive industry trends in the seafood market to help players develop effective long-term strategies
- Business growth strategies adopted to secure growth in developed and developing markets
- Quantitative analysis of the seafood market from 2022 to 2031
- Estimation of global demand for seafood
- Porter's Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook, and factors governing the growth of the seafood market
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- Seafood market size at various nodes
- Detailed overview and segmentation of the market and the food & beverages industry dynamics
- Size of the growth in various regions with promising growth opportunities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
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- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Product Type, Category, and Distribution Channel
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
The major players operating in the global seafood market are American Seafoods Company LLC, Kangamiut Seafood A/C, Lee Fishing Company, Pacific American Fish Co. Inc., Royal Greenland A/S, Mowi ASA, The Union Group PCL, Grupo Nueva Pescanova, Trident Seafoods Corporation, SeaPak Shrimp & Seafood Company among many others.
In 2019, the Asia Pacific held the largest share of the global seafood market. Asia Pacific is a mature and well-established market for seafood. Countries such as Japan, China, and South Korea have a traditional significance of fish in their cultures, and hence, the high demand for fish in these countries is likely to fuel the growth of the seafood market. In addition to fresh seafood, canned seafood is also highly embraced by the region’s population. For instance, tuna is highly popular among the Asian people attributed to its appealing taste and ability to blend well with multiple flavors. The canned tuna products penetrating the Asian market are exhibiting unique flavors apart from the conventional ones. However, in recent years the canned tuna sales in the region have been declining due to the consumers swaying towards other seafood, particularly shellfish. Thus, the manufacturers have been innovating their products in terms of base ingredients that can attract consumers. However, in Australia, canned tuna sales are escalating.
The growth of the crustaceans type segment is primarily attributed to the fact as many species of crustaceans are found in freshwater, seawater and also in inland brines. The crustaceans group include some commonly consumed seafoods like crab, shrimp, lobsters, prawns, crayfish, krill and barnacles. These crustaceans develop form larvae and bear segmented, split limbs or appendages. The fisheries in many parts of the world capture prawns, shrimps, spiny lobsters and king crabs, especially from the Northern Pacific and its southern counterparts. Many species of true crabs like the blue crab, Dungeness crab and stone crab serves as a valuable source of food. Crustaceans are consumed as seafoods as they are loaded with lean proteins, micronutrients and healthy fats. They aid in weight loss, helps in boosting immunity and promotes heat & brain health.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 Seafood Market Segmentation
2. Key Takeaways
2.1.1 Global Seafood Market Overview
2.1.2 Fresh Segment Held Largest Share of Global Seafood Market
2.1.3 Asia Pacific Held Largest Share of Global Seafood Market
2.1.4 Global Seafood Market, Industry Landscape
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Seafood Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Seafood Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Health Benefits Associated With Seafood Attracts Health Conscious Consumers
5.1.2 Increased Demand for Frozen and Canned Seafood
5.2 Market Restraints
5.2.1 Increasing Veganism Across the Globe
5.3 Market Opportunities
5.3.1 Escalating Online Sales Coupled With Growing Government Initiatives
5.4 Future Trends
5.4.1 Growing Demand for Sustainable Seafood Products
5.5 Impact Analysis Of Drivers And Restraints
6. Seafood – Global Market Analysis
6.1 Seafood Market Overview
6.2 Seafood Market –Revenue and Forecast to 2027 (US$ Million)
6.3 Market Positioning – Key Market Players
7. Seafood Market Analysis – By Type
7.1 Overview
7.2 Seafood Market, By Type (2019 and 2027)
7.3 Fish
7.3.1 Overview
7.3.1.1 Fish: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
7.4 Crustaceans
7.4.1 Overview
7.4.1.1 Crustaceans: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
7.5 Mollusca
7.5.1 Overview
7.5.1.1 Mollusca: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.1.1 Others: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
8. Seafood Market Analysis – By Product Type
8.1 Overview
8.2 Seafood Market, By Product Type (2019 and 2027)
8.3 Fresh
8.3.1 Overview
8.3.1.1 Fresh: Seafood Market – Revenue, and Forecast to 2027 (US$ Million)
8.4 Frozen
8.4.1 Overview
8.4.1.1 Frozen: Seafood Market – Revenue, and Forecast to 2027 (US$ Million)
8.5 Canned
8.5.1 Overview
8.5.1.1 Canned: Seafood Market – Revenue, and Forecast to 2027 (US$ Million)
8.6 Others
8.6.1 Overview
8.6.1.1 Others: Seafood Market – Revenue, and Forecast to 2027 (US$ Million)
9. Seafood Market Analysis – By Distribution Channel
9.1 Overview
9.2 Seafood Market, By Distribution Channel (2019 and 2027)
9.3 Supermarkets and Hypermarkets
9.3.1 Overview
9.3.1.1 Supermarkets and Hypermarkets: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
9.4 Convenience Stores
9.4.1 Overview
9.4.1.1 Convenience Stores: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
9.5 Speciality Stores
9.5.1 Overview
9.5.1.1 Speciality Stores: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
9.6 Online
9.6.1 Overview
9.6.1.1 Online: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
10. Seafood Market – Geographic Analysis
10.1 Overview
10.2 North America: Seafood Market
10.2.1 North America: Seafood Market –Revenue and Forecast to 2027(US$ Million)
10.2.2 North America: Seafood Market, by Type
10.2.3 North America: Seafood Market, by Product Type
10.2.4 North America: Seafood Market, by Distribution Channel
10.2.5 North America: Seafood Market, by Key Country
10.2.5.1 US: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.2.5.1.1 US: Seafood Market, by Type
10.2.5.1.2 US: Seafood Market, by Product Type
10.2.5.1.3 US: Seafood Market, by Distribution Channel
10.2.5.2 Canada: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.2.5.2.1 Canada: Seafood Market, by Type
10.2.5.2.2 Canada: Seafood Market, by Product Type
10.2.5.2.3 Canada: Seafood Market, by Distribution Channel
10.2.5.3 Mexico: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.2.5.3.1 Mexico: Seafood Market, by Type
10.2.5.3.2 Mexico: Seafood Market, by Product Type
10.2.5.3.3 Mexico: Seafood Market, by Distribution Channel
10.3 Europe: Seafood Market
10.3.1 Europe: Seafood Market –Revenue and Forecast to 2027(US$ Million)
10.3.2 Europe: Seafood Market, by Type
10.3.3 Europe: Seafood Market, by Product Type
10.3.4 Europe: Seafood Market, by Distribution Channel
10.3.5 Europe: Seafood Market, by Key Country
10.3.5.1 Germany: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.1.1 Germany: Seafood Market, by Type
10.3.5.1.2 Germany: Seafood Market, by Product Type
10.3.5.1.3 Germany: Seafood Market, by Distribution Channel
10.3.5.2 France: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.2.1 France: Seafood Market, by Type
10.3.5.2.2 France: Seafood Market, by Product Type
10.3.5.2.3 France: Seafood Market, by Distribution Channel
10.3.5.3 Italy: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.3.1 Italy: Seafood Market, by Type
10.3.5.3.2 Italy: Seafood Market, by Product Type
10.3.5.3.3 Italy: Seafood Market, by Distribution Channel
10.3.5.4 United Kingdom: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.4.1 United Kingdom: Seafood Market, by Type
10.3.5.4.2 United Kingdom: Seafood Market, by Product Type
10.3.5.4.3 United Kingdom: Seafood Market, by Distribution Channel
10.3.5.5 Russia: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.5.1 Russia: Seafood Market, by Type
10.3.5.5.2 Russia: Seafood Market, by Product Type
10.3.5.5.3 Russia: Seafood Market, by Distribution Channel
10.3.5.6 Rest of Europe: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.3.5.6.1 Rest of Europe: Seafood Market, by Type
10.3.5.6.2 Rest of Europe: Seafood Market, by Product Type
10.3.5.6.3 Rest of Europe: Seafood Market, by Distribution Channel
10.4 Asia Pacific: Seafood Market
10.4.1 Asia Pacific: Seafood Market –Revenue and Forecast to 2027(US$ Million)
10.4.2 Asia Pacific: Seafood Market, by Type
10.4.3 Asia Pacific: Seafood Market, by Product Type
10.4.4 Asia Pacific: Seafood Market, by Distribution Channel
10.4.5 Asia Pacific: Seafood Market, by Key Country
10.4.5.1 Australia: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.1.1 Australia: Seafood Market, by Type
10.4.5.1.2 Australia: Seafood Market, by Product Type
10.4.5.1.3 Australia: Seafood Market, by Distribution Channel
10.4.5.2 China: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.2.1 China: Seafood Market, by Type
10.4.5.2.2 China: Seafood Market, by Product Type
10.4.5.2.3 China: Seafood Market, by Distribution Channel
10.4.5.3 India: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.3.1 India: Seafood Market, by Type
10.4.5.3.2 India: Seafood Market, by Product Type
10.4.5.3.3 India: Seafood Market, by Distribution Channel
10.4.5.4 Japan: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.4.1 Japan: Seafood Market, by Type
10.4.5.4.2 Japan: Seafood Market, by Product Type
10.4.5.4.3 Japan: Seafood Market, by Distribution Channel
10.4.5.5 South Korea: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.5.1 South Korea: Seafood Market, by Type
10.4.5.5.2 South Korea: Seafood Market, by Product Type
10.4.5.5.3 South Korea: Seafood Market, by Distribution Channel
10.4.5.6 Rest of Asia Pacific: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.4.5.6.1 Rest of Asia Pacific: Seafood Market, by Type
10.4.5.6.2 Rest of Asia Pacific: Seafood Market, by Product Type
10.4.5.6.3 Rest of Asia Pacific: Seafood Market, by Distribution Channel
10.5 Middle East and Africa: Seafood Market
10.5.1 Middle East and Africa: Seafood Market –Revenue and Forecast to 2027(US$ Million)
10.5.2 Middle East and Africa: Seafood Market, by Type
10.5.3 Middle East and Africa: Seafood Market, by Product Type
10.5.4 Middle East and Africa: Seafood Market, by Distribution Channel
10.5.5 Middle East and Africa: Seafood Market, by Key Country
10.5.5.1 South Africa: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.1.1 South Africa: Seafood Market, by Type
10.5.5.1.2 South Africa: Seafood Market, by Product Type
10.5.5.1.3 South Africa: Seafood Market, by Distribution Channel
10.5.5.2 Saudi Arabia: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.2.1 Saudi Arabia: Seafood Market, by Type
10.5.5.2.2 Saudi Arabia: Seafood Market, by Product Type
10.5.5.2.3 Saudi Arabia: Seafood Market, by Distribution Channel
10.5.5.3 UAE: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.3.1 UAE: Seafood Market, by Type
10.5.5.3.2 UAE: Seafood Market, by Product Type
10.5.5.3.3 UAE: Seafood Market, by Distribution Channel
10.5.5.4 Rest of MEA: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.5.5.4.1 Rest of MEA: Seafood Market, by Type
10.5.5.4.2 Rest of MEA: Seafood Market, by Product Type
10.5.5.4.3 Rest of MEA: Seafood Market, by Distribution Channel
10.6 South America: Seafood Market
10.6.1 South America: Seafood Market –Revenue and Forecast to 2027(US$ Million)
10.6.2 South America: Seafood Market, by Type
10.6.3 South America: Seafood Market, by Product Type
10.6.4 South America: Seafood Market, by Distribution Channel
10.6.5 South America: Seafood Market, by Key Country
10.6.5.1 Brazil: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.6.5.1.1 Brazil: Seafood Market, by Type
10.6.5.1.2 Brazil: Seafood Market, by Product Type
10.6.5.1.3 Brazil: Seafood Market, by Distribution Channel
10.6.5.2 Argentina: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.6.5.2.1 Argentina: Seafood Market, by Type
10.6.5.2.2 Argentina: Seafood Market, by Product Type
10.6.5.2.3 Argentina: Seafood Market, by Distribution Channel
10.6.5.3 Rest of South America: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
10.6.5.3.1 Rest of South America: Seafood Market, by Type
10.6.5.3.2 Rest of South America: Seafood Market, by Product Type
10.6.5.3.3 Rest of South America: Seafood Market, by Distribution Channel
11. Overview- Impact of Coronavirus outbreak
11.1 Overview
11.2 North America: Impact Assessment of COVID-19 Pandemic
11.3 Europe: Impact Assessment of COVID-19 Pandemic
11.4 Asia-Pacific: Impact Assessment of COVID-19 Pandemic
11.5 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
11.6 South America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Merger and Acquisition
12.2 New Product Development
12.3 Investment Scenario
12.4 Others
13. Company Profiles
13.1 American Seafoods Company LLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Kangamiut Seafood A/C
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.3 Lee Fishing Company
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.4 Pacific American Fish Co. Inc.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.5 Royal Greenland A/S
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Mowi ASA
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Thai Union Group PCL
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Grupo Nueva Pescanova
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Trident Seafoods Corporation
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 SeaPak Shrimp & Seafood Company
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. North America Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 3. North America Seafood Market, by Product Type– Revenue and Forecast to 2027 (USD Million)
Table 4. North America Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 5. US Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 6. US Seafood Market, by Product Type– Revenue and Forecast to 2027 (USD Million)
Table 7. US Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 8. Canada Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 9. Canada Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 10. Canada Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 11. Mexico Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 12. Mexico Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 13. Mexico Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 14. Europe Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 15. Europe Seafood Market, by Product Type– Revenue and Forecast to 2027 (USD Million)
Table 16. Europe Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 17. Germany Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 18. Germany Seafood Market, by Product Type– Revenue and Forecast to 2027 (USD Million)
Table 19. Germany Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 20. France Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 21. France Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 22. France Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 23. Italy Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 24. Italy Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 25. Italy Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 26. United Kingdom Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 27. United Kingdom Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 28. United Kingdom Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 29. Russia Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 30. Russia Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 31. Russia Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 32. Rest of Europe Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 33. Rest of Europe Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 34. Rest of Europe Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 35. Asia Pacific Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 36. Asia Pacific Seafood Market, by Product Type– Revenue and Forecast to 2027 (USD Million)
Table 37. Asia Pacific Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 38. Australia Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 39. Australia Seafood Market, by Product Type– Revenue and Forecast to 2027 (USD Million)
Table 40. Australia Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 41. China Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 42. China Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 43. China Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 44. India Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 45. India Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 46. India Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 47. Japan Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 48. Japan Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 49. Japan Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 50. South Korea Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 51. South Korea Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 52. South Korea Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 53. Rest of Asia Pacific Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 54. Rest of Asia Pacific Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 55. Rest of Asia Pacific Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 56. Middle East and Africa Seafood Market, by Distribution Channel– Revenue and Forecast to 2027 (USD Million)
Table 57. Middle East and Africa Seafood Market, by Product Type– Revenue and Forecast to 2027 (USD Million)
Table 58. Middle East and Africa Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 59. South Africa Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 60. South Africa Seafood Market, by Product Type– Revenue and Forecast to 2027 (USD Million)
Table 61. South Africa Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 62. Saudi Arabia Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 63. Saudi Arabia Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 64. Saudi Arabia Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 65. UAE Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 66. UAE Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 67. UAE Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 68. Rest of MEA Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 69. Rest of MEA Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 70. Rest of MEA Seafood Market, by Distribution Channel
Table 71. South America Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 72. South America Seafood Market, by Product Type– Revenue and Forecast to 2027 (USD Million)
Table 73. South America Seafood Market, by Distribution Channel– Revenue and Forecast to 2027 (USD Million)
Table 74. Brazil Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 75. Brazil Seafood Market, by Product Type– Revenue and Forecast to 2027 (USD Million)
Table 76. Brazil Seafood Market, by Distribution Channel– Revenue and Forecast to 2027 (USD Million)
Table 77. Argentina Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 78. Argentina Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 79. Argentina Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 80. Rest of South America Seafood Market, by Type– Revenue and Forecast to 2027 (USD Million)
Table 81. Rest of South America Seafood Market, by Product Type – Revenue and Forecast to 2027 (USD Million)
Table 82. Rest of South America Seafood Market, by Distribution Channel – Revenue and Forecast to 2027 (USD Million)
Table 83. List of Abbreviation
LIST OF FIGURES
Figure 1. Seafood Market Segmentation – By Geography
Figure 2. Seafood Market Impact Analysis Of Driver And Restraints
Figure 3. Geographic Overview of Seafood Market
Figure 4. Global: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
Figure 5. Seafood Market Revenue Share, by Type (2019 and 2027)
Figure 6. Fish: Seafood Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 7. Crustaceans: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 8. Mollusca: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 9. Others: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 10. Seafood Market Revenue Share, by Product Type (2019 and 2027)
Figure 11. Fresh: Seafood Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 12. Frozen: Seafood Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 13. Canned: Seafood Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 14. Others: Seafood Market – Revenue, and Forecast to 2027 (US$ Million)
Figure 15. Seafood Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 16. Supermarkets and Hypermarkets: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
Figure 17. Convenience Stores: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
Figure 18. Specialty Stores: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Online: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Others: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Global Seafood Market Revenue Share, by Region (2019 and 2027)
Figure 22. North America: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. North America: Seafood Market Revenue Share, by Type (2019 and 2027)
Figure 24. North America: Seafood Market Revenue Share, by Product Type (2019 and 2027)
Figure 25. North America: Seafood Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 26. North America: Seafood Market Revenue Share, by Key Country (2019 and 2027)
Figure 27. US: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 28. Canada: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 29. Mexico: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 30. Europe: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
Figure 31. Europe: Seafood Market Revenue Share, by Type (2019 and 2027)
Figure 32. Europe: Seafood Market Revenue Share, by Product Type (2019 and 2027)
Figure 33. Europe: Seafood Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 34. Europe: Seafood Market Revenue Share, by Key Country (2019 and 2027)
Figure 35. Germany: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 36. France: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 37. Italy: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 38. United Kingdom: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 39. Russia: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 40. Rest of Europe: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 41. Asia Pacific: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
Figure 42. Asia Pacific: Seafood Market Revenue Share, by Type (2019 and 2027)
Figure 43. Asia Pacific: Seafood Market Revenue Share, by Product Type (2019 and 2027)
Figure 44. Asia Pacific: Seafood Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 45. Asia Pacific: Seafood Market Revenue Share, by Key Country (2019 and 2027)
Figure 46. Australia: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 47. China: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 48. India: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 49. Japan: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 50. South Korea: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 51. Rest of Asia Pacific: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 52. Middle East and Africa: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
Figure 53. Middle East and Africa: Seafood Market Revenue Share, by Type (2019 and 2027)
Figure 54. Middle East and Africa: Seafood Market Revenue Share, by Product Type (2019 and 2027)
Figure 55. Middle East and Africa: Seafood Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 56. Middle East and Africa: Seafood Market Revenue Share, by Key Country (2019 and 2027)
Figure 57. South Africa: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 58. Saudi Arabia: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 59. UAE: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 60. Rest of MEA: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 61. South America: Seafood Market – Revenue and Forecast to 2027 (US$ Million)
Figure 62. South America: Seafood Market Revenue Share, by Type (2019 and 2027)
Figure 63. South America: Seafood Market Revenue Share, by Product Type (2019 and 2027)
Figure 64. South America: Seafood Market Revenue Share, by Distribution Channel (2019 and 2027)
Figure 65. South America: Seafood Market Revenue Share, by Key Country (2019 and 2027)
Figure 66. Brazil: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 67. Argentina: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 68. Rest of South America: Seafood Market –Revenue and Forecast to 2027 (US$ Million)
Figure 69. Impact of COVID-19 Pandemic in North American Country Markets
Figure 70. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 71. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 72. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 73. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Global Seafood Market
- American Seafoods Company LLC
- Kangamiut Seafood A/C
- Lee Fishing Company
- Pacific American Fish Co. Inc.
- Royal Greenland A/S
- Mowi ASA
- The Union Group PCL
- Grupo Nueva Pescanova
- Trident Seafoods Corporation
- SeaPak Shrimp & Seafood Company
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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