Seafood Market Forecast to 2027 - 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

The seafood market was valued at US$ 158,910.17 million in 2019 and is projected to reach US$ 198,854.86 million by 2027; it is expected to grow at a CAGR of 2.9% during the forecast period.

As per the Food and Drug Administration, seafood encompasses all commercially obtained saltwater and freshwater fish, molluscan shellfish, and crustaceans. The demand for seafood is anticipated to witness a dramatic growth across the globe owing to its health benefits. Seafood provides numerous health benefits to consumers which drives seafood consumption among consumers. Rise in health consciousness among consumer’s further helps in market expansion. Seafood is a high-protein food, which is low in calories, total fat, and saturated fat. It consists of adequate amount of the essential amino acids to ensure healthy growth and optimal fetal development. A 3-ounce serving of most shellfish and fish provides more than 30–40% of the average daily recommended amount of protein.

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The List of Companies:
- 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 latest research report on the “Seafood Market – Industry Analysis, Market Size, Opportunities and Forecast, 2020 – 2027” provides a comprehensive assessment of the Seafood market for the forecast period from 2020 to 2027, including market values for the years 2018 and 2019. The investigative report provides a detailed analysis of the impact of COVID-19 on various segments in the Seafood market based on product type, application, and end-use across numerous countries around the world. Further, the report also provides insights into market developments, trends, supply and demand changes across various regions across the globe. Thereby, the report provides a holistic view on the Seafood Market in order to help decision makers with various strategic insights and future outlook. The Seafood market is expected to witness continued growth during the forecast period from 2020 to 2027.

This is a professional and in-depth study on the current state of the Seafood Market with a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Strategic Insights and Development plans are also discussed and manufacturing processes and cost structures analyzed. Seafood Market import/export consumption, supply and demand figures and cost price and production value gross margins are also provided.

The report focuses on global major leading Seafood Market players providing information such as company profiles, product picture and specification, capacity, production, price, cost, revenue and contact information. Upstream raw materials and equipment and downstream demand analysis is also carried out.

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Key Questions answered in the Report:
 What is the size of the overall Seafood market and its segments?
 What are the key segments and sub-segments in the market?
 What are the key drivers, restraints, opportunities and challenges of the Seafood market and how they are expected to impact the market?
 What are the attractive investment opportunities within the Market?
 What is the Seafood market size at the regional and country-level?
 Who are the key market players and their key competitors?
 Market value- chain and key trends impacting every node with reference to companies
 What are the strategies for growth adopted by the key players in Seafood market?
 How does a particular company rank against its competitors with respect to revenue, profit comparison, operational efficiency, cost competitiveness and market capitalization?
 How financially strong are the key players in Seafood market (revenue and profit margin, market capitalization, expenditure analysis, investment analysis)?
 What are the recent trends in Seafood market? (M&A, partnerships, new product developments, expansions)

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This release was published on openPR.