Seafood Market to Reach US$ 198,854.86 million, Globally, by 2027 at 2.9% CAGR: The Insight Partners

According to our latest market study on "Seafood Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Product Type (Fish, Crustaceans, Mollusca and Others), Product Type (Fresh, Frozen, Canned and Others), Distribution Channel (Supermarket & Hypermarket, Convenience Store, Specialty Store, Online, and Others)," the Seafood Market accounted for US$ 158,910.17 million in 2019 and is expected to grow at a CAGR of 2.9% during 2020-2027 to reach US$ 198,854.86 million by 2027. The report highlights key factors driving the market growth and prominent players along with their developments in the market.

Asia Pacific is expected to hold the largest share of the global seafood market during the forecast period. Countries in the region, such as Japan, China, and South Korea, have a traditional significance of fish in their cultures, and hence, the high demand for fish in these countries is likely to fuel the growth of the seafood market. In addition to fresh seafood, canned seafood is also highly embraced by the region’s population. For instance, tuna is highly popular among the Asian people attributed to its appealing taste and ability to blend well with multiple flavors. The canned tuna products penetrating the Asian market are exhibiting unique flavors apart from the conventional ones. However, in recent years, the canned tuna sales in the region have been declining due to the consumers swaying toward other seafood, particularly shellfish. Thus, the manufacturers have been innovating their products in terms of base ingredients that can attract consumers. However, in Australia, canned tuna sales are escalating.

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Key vendors engaged in the Seafood market and covered in this report:

• 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
...

Seafood Market, by Type
• Fish
• Crustaceans
• Mollusca
• Others

Seafood Market, by Product Type
• Fresh
• Frozen
• Canned
• Others

Seafood Market, by Distribution Channel
• Supermarket and Hypermarket
• Convenience Store
• Specialty Store
• Online
• Others

Seafood Market 2020-2027 Global Industry research report explores analysis of historical data along with size, share, growth, demand and revenue of the global Seafood and estimates the future trend of market on the basis of this detailed study. The study shares market performance both in terms of volume and revenue and this factor which is useful & helpful to the business.

Seafood Market research report will give you deep insights about the Seafood Market and it will also help you in strategic decision making. The final research document is an exhaustive document comprising of 150 pages. All our reports are usually purchased across industries by Executives, Managers, Senior Managers, Strategy people, Directors, Vice Presidents, CXOs, etc. and help them in understanding about the market trends and analysis, competition, industry landscape, market size, market revenue, forecast, COVID-19 impact analysis, SWOT analysis, etc.

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Seafood market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal according to different segments. The report also predicts the influence of different industry aspects on the Seafood market segments and regions.

Researchers also carry out a comprehensive analysis of the recent regulatory changes and their impact on the competitive landscape of the industry. The research assesses the recent progress in the competitive landscape including collaborations, joint ventures, product launches, acquisitions, and mergers, as well as investments in the sector for research and development.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Seafood market.

Regional and Country-wise Analysis: Global Seafood Market
– North America (U.S., Canada, Mexico)
– Europe (Germany, France, Italy, UK, Russia, Rest of Europe)
– Asia Pacific (Australia, China, India, Japan, South Korea, Rest of Asia Pacific)
– Middle East and Africa (MEA) (South Africa, Saudi Arabia, UAE, Rest of MEA)
– South America (Brazil, Argentina, Rest of South America (SAM))

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Key points from Table of Content:

1. Introduction
2. Key Takeaways
3. Research Methodology
4. Seafood Market Landscape
5. Global Seafood Market - Key Industry Dynamics
6. Seafood - Global Market Analysis
7. Seafood Market Analysis – By Type
8. Seafood Market Analysis – By Product Type
9. Seafood Market Analysis – By Distribution Channel
10. Seafood Market - Geographic Analysis
11. Overview- Impact of Coronavirus outbreak
12. Industry Landscape
13. Company Profiles
14. Appendix

LIST OF TABLES

LIST OF FIGURES

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our wide range of research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials and Foods and Bavarages.

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