COVID – 19 Impact On Seafood Market 2020 Analysis By Key Players Grupo Pescanova, Marine Harvest ASA, Thai Union Frozen Products, Royal Greenland, John Westfoods

The Business Research Company offers "Seafood Global Market Report 2020-30: Covid 19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.

The global seafood market is expected to grow from $237.9 billion in 2019 to $248.3 billion in 2020 at a compound annual growth rate (CAGR) of 4.4%. The low growth is mainly due to economic slowdown across countries owing to the COVID-19 outbreak and the measures to contain it. The market is then expected to recover and grow at a CAGR of 9% from 2021 and reach $320 billion in 2023.

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The seafood market consists of sales of seafood by entities (organizations, sole traders and partnerships) that can seafood, smoke, salt and dry seafood, eviscerate fresh fish, shuck and pack fresh shellfish, process marine fats and oils and/or freeze seafood. Establishments known as floating factory ships that gather and process seafood into canned seafood products are also included in this industry.

Fish processing establishments are using high pressure processing (HPP) technology to improve operational efficiency. HPP is a non-thermal technology in which the fish is submerged in a liquid placed in a pressure vessel and uses pressures of about 6000 times the average air pressure at sea level to pasteurize fish meat. High pressure processing replaces the need for heating fish produce and chemicals are used for fish preservation.

Seafood Market Segmentation:
By Type
1. Crustaceans
2. Fish
3. Others – Seafood

By Distribution Channel
1. Supermarkets/Hypermarkets
2. Convenience Stores
3. E-Commerce
4. Others

By Nature
1. Organic
2. Conventional

By Source
1. Marine
2. Inland

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Few Points From Table Of Content
1. Executive Summary
2. Report Structure
3. Seafood Market Characteristics
4. Seafood Market Product Analysis
5. Seafood Market Supply Chain
……
20. Key Mergers And Acquisitions In The Seafood Market
21. Market Background: Meat, Poultry And Seafood Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer

The report covers the trends and market dynamics of the seafood market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the seafood market are Grupo Pescanova, Marine Harvest ASA, Thai Union Frozen Products, Royal Greenland, John Westfoods, Grieg Seafood, True World Foods, Austevoll Seafood Group, Trident Seafoods

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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