Press release
Promoting the growth of the Sustainable Seafood market 2020 | M.F. Foley Company, Inc., Zoneco Group Co., Ltd, Walker Seafoods, Nippon Suisan Kaisha, Ltd, Thai Union Group
Seafood is a major source of food in coastal areas worldwide, and according to Coherent Market Insights, the overall trade of the seafood industry was estimated to around US$ 150 billion in 2017, making it one of the most valuable industry, globally. According to Word Wildlife Fund (WWF), it has been estimated that around 40% of the world population is dependent on seafood for their primary protein source and 10%-12% of the global population is directly or indirectly dependent on seafood for their livelihood. Growing dependency on seafood has resulted in overfishing and resulting to disruption of the marine ecosystem, hence demand for sustainable seafood culture to maintain the balance of the ecosystem is increasing.(We are offering FLAT 25% OFF Apply promocode CHRISTMAS 2020 and also get one premium report sample Copy FREE)
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Detailed Segmentation:
Global Sustainable Seafood Market, By Product Type:
Bivalves and other molluscs and aquatic invertebrates
Cephalopods
Crustaceans
Flatfish
Freshwater fish
Groundfish
Salmonids
Small pelagics
Tuna and tuna-like species
Others
Global Sustainable Seafood Market, By Distribution Channel:
Hypermarkets
Supermarkets
Convenience Stores
Specialty Stores
Online
The global sustainable seafood market was valued at US$ 12.71 billion in 2017 and is anticipated to register a CAGR of 4.97% in terms of revenue, over the forecast period (2018 – 2025) to reach US$ 18.63 billion by 2025.
Retailers operating in the sustainable sea food market are adopting different strategies including collaborations, product expansions, increasing geographic presence among others for business expansion. For instance, in 2017, Lidl committed to stocking only MSC certified fresh and wild frozen seafood and farmed seafood certified by the ASC or Best Aquaculture Practices (BAP) across the U.S. stores.
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Key manufacturers operating in the sustainable seafood market include M.F. Foley Company, Inc., Zoneco Group Co., Ltd, Walker Seafoods, Nippon Suisan Kaisha, Ltd, Thai Union Group, Maruha Nichiro Corporation, Austral Fisheries, Pacific Andes Group, Marine Harvest ASA, AgriMarine Holdings, Kyokuyo Suisan Co., Ltd., Mitsubishi Corporation, and others.
Mr. Shah
Coherent Market Insights
1001 4th Ave,
#3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email:sales@coherentmarketinsights.com
Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, having office at global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide.
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