Seafood Market by Type, Retail Market Variety and Sales Channel - Global Opportunity Analysis and Industry Forecast | Analysis of Leading Market Pacific Seafood, Kangamiut Seafood A/S, American Seafoods Company, Phillips Foods, Inc., Trident Seafoods Corp

The global seafood market was valued at $120,848 million in 2016, and is expected to reach $155,316 million by 2023, registering a CAGR of 3.6% from 2017 to 2023. Asia-Pacific dominated the global market accounting for over two-thirds of the total market share in 2016.

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Seafood comprise fish, molluscs, crustaceans, other aquatic animals, aquatic plants, and microphytes. Fish holds a major share in the global seafood market in 2016. The factors driving the demand of seafood are changes in lifestyle of people, increase in population, and cost-effectiveness of these meals. In addition, rise in health awareness and benefits offered by seafood, such as high proteins, fatty acids, and vitamins, are expected to boost its demand in the near future. The global seafood market is characterized by increase in trade across the globe. As fish is highly perishable, proper processing, and packing of seafood is required for effective trading. The major companies in the global seafood market collaborated with major foodservice providers & retailers to expand their outreach in their global market.

The ground fish segment is expected to dominate the global market during the forecast period. However, the flat fish segment is anticipated to gain traction in the near future. The convenience offered by frozen fish in terms of cooking is projected to supplement the growth of aforementioned segments. In 2016, the flat fish and ground fish segments collectively accounted for more than one-fourth share of the global market.

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The retail segment accounted for a significant share in the global market in 2016, and is anticipated to maintain its dominance during the forecast period due to growing preference of people for shopping food products from stores rather than online portals. In addition, availability of fresh seafood is expected to supplement the growth of the retail segment in the near future.

Analyst Review:

The preference for seafood is expected to increase in Asia-Pacific, owing to change in lifestyle of people and rise in disposable income. China is a high growth market and has the capacity to pay more for premium and high-quality seafood.

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Table of Content:

Chapter: 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

Chapter: 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

Chapter: 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top winning strategies

3.3. PORTER’S FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Changing lifestyle and consumer preferences
3.4.1.2. Rise in disposable income
3.4.1.3. Increase in awareness about the health benefits associated with seafood
3.4.1.4. Extensive availability of different species of fish

3.4.2. Restraints

3.4.2.1. Depletion of wild fish stocks

3.4.3. Opportunities

3.4.3.1. Collaborations between manufacturers and foodservice providers

Chapter: 4. GLOBAL SEAFOOD MARKET, BY TYPE

4.1. INTRODUCTION

4.1.1. Market Size and Forecast

4.2. CEPHALOPODS

4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast

4.3. CRUSTACEANS

4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast

4.4. MOLLUSCS

4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast

4.5. FLAT FISH

4.5.1. Key Market Trends, Growth Factors and Opportunities
4.5.2. Market Size and Forecast

4.6. GROUND FISH

4.6.1. Key Market Trends, Growth Factors and Opportunities
4.6.2. Market Size and Forecast

4.7. SALMONIDS

4.7.1. Key Market Trends, Growth Factors and Opportunities
4.7.2. Market Size and Forecast

4.8. TUNA

4.8.1. Key Market Trends, Growth Factors and Opportunities
4.8.2. Market Size and Forecast

4.9. PELAGICS

4.9.1. Key Market Trends, Growth Factors and Opportunities
4.9.2. Market Size and Forecast

4.10. OTHER MARINE FISH AND AQUATIC PRODUCTS

4.10.1. Key Market Trends, Growth Factors and Opportunities
4.10.2. Market Size and Forecast

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