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Global Seafood Market Factbook 2023: A $180+ Billion Market - Historical Data 2018-2021 and Forecasts 2023-2028 with 2022 as the Base Year
Global Seafood Market Factbook Report
Dublin, March 09, 2023 (GLOBE NEWSWIRE) -- The "Global Seafood Market Factbook (2023 Edition) - Analysis By Seafood Type, By Seafood Form, By Sales Channel, By Region, By Country: Market Size, Insights, Competition, Covid-19 Impact and Forecast (2023-2028)" report has been added to ResearchAndMarkets.com's offering.
The Global Seafood market was valued at USD 180.15 Billion in 2021 and is expected to grow at a CAGR of 9.40% during the forecast period of 2023-2028.
The report presents the analysis of the Seafood market for the historical period of 2018-2021, the base year 2022 and the forecast period of 2023-2028.
Over the next ten years, there will likely be a significant increase in the total amount of seafood consumed worldwide, which has increased at a rate twice as fast as population growth. Price, health and food safety, and quality level will continue to be the primary influences on how much fish is consumed globally; this is the dominant prevailing trend.
A huge obstacle to the commercial development of these food trends is price sensitivity. Even concerned consumers are constrained by their budgets when choosing fish, and this will impact whether premium pricing is appropriate. Choices for local seafood versus foreign seafood products will be influenced by similarities, traditions, and unique production techniques that differentiate them apart in domestic and international markets.
The consumer trend of emphasizing healthful and low-fat foods as well as the rising popularity of Asian cuisine like sushi are the main factors driving seafood consumption globally. The demand for marine proteins is rising for a number of reasons in both developed and developing countries.
High demand driven by urbanization and rising incomes, an increase in fisheries and aquaculture production, advancements in post-harvest techniques, and an expansion of product distribution channels is the leading reasons for the rise in global consumption. Changes in eating trends will also increase demand as people are putting more emphasis on good nutrition, diet, and health.
The demand for fish and other seafood is expected to rise as a consequence of advances in aquaculture production, decreasing costs, and shifting cultural preferences. The transition to sugary and fatty foods, as well as nutritional concerns and non-communicable diseases that are emerging in developing regions, could all be addressed by increasing the supply of seafood and diverting export markets of seafood towards domestic consumption in some countries, such as India and Chile.
The report tracks competitive developments, strategies, mergers and acquisitions and new product development.
Key Attributes:
Report Attribute | Details |
No. of Pages | 300 |
Forecast Period | 2023 - 2028 |
Estimated Market Value (USD) in 2023 | $214.32 Billion |
Forecasted Market Value (USD) by 2028 | $335.79 Billion |
Compound Annual Growth Rate | 9.3% |
Regions Covered | Global |
The companies analysed in the report include
Thai Union Group PLC
Mowi ASA
Mitsubishi Corporation
Nissui Corporation
Maruha Nichiro Corporation
Leroy Seafood Group
Atlantic Sapphire
Charoen Pokphand Foods Public Company Limited
SalMar Group
Austevoll Seafood ASA
Scope of the Report
Seafood Type
Fish, By Value, 2018H-2028F (USD Billion & CAGR)
Shrimp, By Value, 2018H-2028F (USD Billion & CAGR)
Crustacean, By Value, 2018H-2028F (USD Billion & CAGR)
Other Seafood, By Value, 2018H-2028F (USD Billion & CAGR)
Seafood Form
Fresh/chilled, By Value, 2018H-2028F (USD Billion & CAGR)
Frozen/canned, By Value, 2018H-2028F (USD Billion & CAGR)
Processed, By Value, 2018H-2028F (USD Billion & CAGR)
Sales Channel
Supermarket/hypermarket, By Value, 2018H-2028F (USD Billion & CAGR)
Convenience Store, By Value, 2018H-2028F (USD Billion & CAGR)
E-commerce, By Value, 2018H-2028F (USD Billion & CAGR)
Key Topics Covered:
1. Market Background
1.1 Scope and Product Outlook
1.2 Executive Summary
1.3 Research Methodology
2. Strategic Recommendations
3. Global Seafood Market: Historic and Forecast (2018-2028)
3.1 Impact Analysis of Macro Economic Factors on Seafood Market
3.2 Global Seafood Market: Ecosystem Analysis
3.3 Global Seafood Market: Dashboard
3.4 Global Seafood Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
3.5 Global Seafood Market: Market Size and CAGR, 2018-2028 (Million Tonnes & CAGR)
3.6 Impact of COVID-19 on Seafood Market
3.7 Global Seafood Market Segmentation: By Seafood Type
3.8 Global Seafood Market Segmentation: By Seafood Form
3.9 Global Seafood Market Segmentation: By Sales Channel
4. Global Seafood Market, Region Analysis
4.1 Regional Coverage of the Study
4.2 Regional Snapshot
5. Americas Seafood Market: Historic and Forecast (2018-2028)
5.1 Americas Seafood Market: Snapshot
5.2 Americas Seafood Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
5.3 Americas Seafood Market: Market Size and CAGR, 2018-2028 (Million Tonnes & CAGR)
5.4 Americas Seafood Market: Key Factors
5.5 Americas Seafood Market Segmentation: By Seafood Type
5.6 Americas Seafood Market Segmentation: By Seafood Form
5.7 Americas Seafood Market Segmentation: By Sales Channel
5.8 Americas Seafood Market Segmentation: By Country
6. Europe Seafood Market: Historic and Forecast (2018-2028)
6.1 Europe Seafood Market: Snapshot
6.2 Europe Seafood Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
6.3 Europe Seafood Market: Market Size and CAGR, 2018-2028 (Million Tonnes & CAGR)
6.4 Europe Seafood Market: Key Factors
6.5 Europe Seafood Market Segmentation: By Seafood Type
6.6 Europe Seafood Market Segmentation: By Seafood Form
6.7 Europe Seafood Market Segmentation: By Sales Channel
6.7.1 Europe Seafood Market, By Sales Channel Overview
6.8 Europe Seafood Market Segmentation: By Country
7. Asia-pacific Seafood Market: Historic and Forecast (2018-2028)
7.1 Asia-pacific Seafood Market: Snapshot
7.2 Asia-pacific Seafood Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
7.3 Asia-pacific Seafood Market: Market Size and CAGR, 2018-2028 (Million Tonnes & CAGR)
7.4 Asia-pacific Seafood Market: Key Factors
7.5 Asia-pacific Seafood Market Segmentation: By Seafood Type
7.6 Asia-pacific Seafood Market Segmentation: By Seafood Form
7.7 Asia-pacific Seafood Market Segmentation: By Sales Channel
7.8 Asia-pacific Seafood Market Segmentation: By Country
8. Middle-east & Africa Seafood Market: Historic and Forecast (2018-2028)
8.1 Middle-east & Africa Seafood Market: Snapshot
8.2 Middle-east & Africa Seafood Market: Market Size and CAGR, 2018-2028 (USD Billion & CAGR)
8.3 Middle-east & Africa Seafood Market: Market Size and CAGR, 2018-2028 (Million Tonnes & CAGR)
8.4 Middle-east & Africa Seafood Market: Key Factors
8.5 Middle-east & Africa Seafood Market Segmentation: By Seafood Type
8.6 Middle-east & Africa Seafood Market Segmentation: By Seafood Form
8.7 Middle-east & Africa Seafood Market Segmentation: By Sales Channel
9. Market Dynamics
9.1 Impact assessment of Market Dynamics on Global Seafood Market
9.2 Drivers
9.3 Restraints
9.4 Trends
10. Industry Ecosystem Analysis
10.1 Macro-Economic Factor Assessment
10.2 Value Chain Analysis
10.3 Porter's Five Forces Model
11. Competitive Positioning
11.1 Companies' Product Positioning
11.2 Market Position Matrix
11.3 Market Share Analysis of Seafood Market
11.4 Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/x3lhlk
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