openPR Logo
Press release

Seafood Market Huge Demand, Current and Future Trends, Analysis with Top Key Players and Forecast

11-28-2022 09:39 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Seafood Market

Seafood Market

The key players operating in the seafood industry include Pacific Seafood, Kangamiut Seafood A/S, American Seafoods Company, Phillips Foods, Inc., Trident Seafoods Corporation., Marine Harvest ASA, Thai Union Group PCL, Lee Fishing Company, and Leigh Fisheries.

Seafood Market by Type, and Application: Opportunity Analysis and Industry Forecast, 2020-2027," The seafood market size was valued at $159,311.9 million in 2019, and is projected to reach $193,913.6 million by 2027, registering a CAGR of 2.5% from 2020 to 2027. The fish segment was the highest contributor to the market, with $100,187.2 million in 2019, and is estimated to reach $123,909.8 million by 2027, at a CAGR of 2.7% during the forecast period.

Request Free Sample Report: https://www.alliedmarketresearch.com/request-sample/2693

Depletion of sea species has restrained the seafood market growth; however, sustainable fishing may increase the supply of seafood to meet the emerging demand. Collaboration of fishermen and fish farmers with processors, distributors, retailers, restaurants, and food service providers is expected to provide a solution to resolve the environmental issues and further help in making the seafood market environmentally, economically, and socially sustainable.

Seafood is a low-calorie food, which is high in proteins, vitamins, minerals, and essential fatty acids, thereby offering numerous health benefits. The growth of the global seafood market is driven by increase in awareness about the health benefits associated with seafood. In addition, upsurge in population and extensive availability of different species of fish are expected to boost the demand for seafood during the forecast period. However, depletion of wild stock of fishes in seas act as the major restraint for the market. Conversely, rise in collaboration between manufacturers and food service providers is expected to provide potential growth opportunities for the global market. The global seafood market is segmented into type, application, and region.

Depending on type, the market is divided into fish, crustaceans, Mollusca, and others (roe, marine mammals, and medusozoa). The application covered in the study include retail, institutions, and food service. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

For Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/2693

According to the seafood market analysis depending on type, the fish segment led the market in 2019. Non-shell fish is one of the most sought-after fishes for human consumption. The demand for fish is considerably high and has been growing, as more people are becoming aware of the beneficial micro and macronutrient profile of fish, which is a key factor contributing toward the growth of the global market. However, the Mollusca segment is expected to witness steady growth during the forecast period.

Key Findings Of The Study

By type, the fish segment dominated the global seafood market in 2019, and is expected to retain its dominance throughout the forecast period.

By application, the retail application segment accounted for highest share in the face mask market growth in 2019, and is projected to grow at a CAGR of 2.3% from 2020 to 2027.

By region, Asia-Pacific accounted for highest seafood market share in 2019, and is expected to grow at a CAGR of 2.7%.

Read More Details: https://www.alliedmarketresearch.com/seafood-market

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on: LinkedIn Twitter

About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Seafood Market Huge Demand, Current and Future Trends, Analysis with Top Key Players and Forecast here

News-ID: 2823475 • Views:

More Releases from Allied Market Research

Market Size Of Aircraft Brake System Industry is projected to reach $16.95 billion by 2030
Market Size Of Aircraft Brake System Industry is projected to reach $16.95 billi …
Rise in demand from airlines for advanced aircraft brake systems and surge in air passenger traffic offer lucrative opportunities to the global 𝐀𝐢𝐫𝐜𝐫𝐚𝐟𝐭 𝐁𝐫𝐚𝐤𝐞 𝐒𝐲𝐬𝐭𝐞𝐦 𝐌𝐚𝐫𝐤𝐞𝐭. Strict lockdown restrictions and the interruption in the supply chain during the pandemic hindered the market growth for a short period of time. The global aircraft brake system market was valued at $10.52 billion in 2020, and is projected to reach $16.95 billion in
Transportation Infrastructure Market Size is Expected to Surpass US$ 83.3 Billion Through 2031 & CAGR of 7.2| AMR
Transportation Infrastructure Market Size is Expected to Surpass US$ 83.3 Billio …
Growth in demand for highway and railway infrastructure projects along with growing awareness about the importance of effective transportation infrastructure is leading to growth in road, bridge, highway and railway construction activities, which in turn is driving the growth of market . By type, the roads & bridges segment held the highest share in 2021. By region, LAMEA would showcase the fastest CAGR by 2031. Download Sample Report https://www.alliedmarketresearch.com/request-sample/4225 The global transportation infrastructure
Flexible Battery Market Size Expected to Reach $1.5 Billion by 2032 | Samsung SDI Co., Ltd., LG Chem
Flexible Battery Market Size Expected to Reach $1.5 Billion by 2032 | Samsung SD …
Allied Market Research published an exclusive report, titled, "Flexible Battery Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Voltage, by Rechargeability, by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032". Global Flexible Battery Market was valued at $0.17 billion in 2022 and is projected to reach $1.5 billion by 2032, growing at a CAGR of 24.9% from 2023 to 2032. Download Research Report Sample & TOC
Asteroid Mining Market Size is projected to reach $3,868.9 million by 2025 | Ispace, Kleos Space S.A., Moon Express
Asteroid Mining Market Size is projected to reach $3,868.9 million by 2025 | Isp …
Allied Market Research published an exclusive report, titled, "Asteroid Mining Market by Phase (Space-craft Design, Launch, and Operation), Asteroid type (Type C, Type S, Type M, and Others), and Application (Construction, Resource Harvesting, 3D Printing, and Others): Global Opportunity Analysis and Industry Forecast, 2017 - 2025". The global asteroid mining market was valued at $712.0 million in 2017 and is projected to reach $3,868.9 million by 2025, growing at a CAGR

All 5 Releases


More Releases for Seafood

Frozen Fish and Seafood Market Future Growth Outlook 2021-2027 | Austevoll Seafo …
“Frozen Fish and Seafood Market is growing at a 9.97% CAGR during the forecast period 2020-2026. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market”. Frozen fish and seafood are stored in vacuum-tight compartments and at freezing temperatures to minimize the growth of unwanted microbes and to ensure fresh and high quality products for the end user. The frozen fish
Seafood Market Excellent Growth 2021 Top Key Players | Pacific Seafood, Kangami …
Seafood Market Overview: The market research report on the Global Seafood Market offered by Straits Research, analyses the major opportunities, CAGR, yearly growth rates to help the readers to understand the qualitative and quantitative aspects of the Global Seafood Market. The competition landscape, company overview, financials, recent developments and long-term investments related to the Global Seafood Market are mentioned in this report. Various parameters have been studied while estimating the market size. The revenue
Processed Seafood & Seafood Processing Equipment Market
According to a new market research report published by Global Market Estimates, the Global Processed Seafood & Seafood Processing Equipment Market is expected to grow at a CAGR of 5.85% during the forecast period, to reach USD 2.21 Billion by 2026. The demand for processed seafood & seafood processing equipment is high due to the increasing consumption of seafood across the globe. Browse 164 Market Data Tables and 129 Figures spread
Global Frozen Seafood Market 2020 Future Trends - AquaChile, Austevoll Seafood, …
The “Frozen Seafood Market By Product Type (Fish, Crustaceans, Shellfish, Molluscs, And Others) and By Distribution Channel (Supermarket & Hypermarket, Convenience Stores, Online Stores, And Others): Global Industry Perspective, Comprehensive Analysis And Fore” A fundamental outline of the Frozen Seafood niche is presented by the Frozen Seafood report that entails definitions, classifications, applications together with industry chain framework. The Frozen Seafood report provides a far-reaching evaluation of necessary market dynamics
COVID-19: Impact on Frozen Seafood Market, Business Will Grow in 2025, Prominent …
According to a new report published by Allied Market Research, titled, " Frozen Seafood Market by Type (Frozen Shrimps, Frozen Fish, Frozen Shellfish, Frozen Mollusks, and Others) and Distribution Channel (Online Retail, Supermarket/Hypermarket, Convenience Stores, Specialty Stores, and Others): Global Opportunity Analysis and Industry Forecast, 2018-2025 " The report has offered an all-inclusive analysis of the global Frozen Seafood Market taking into consideration all the crucial aspects like growth factors,
Frozen Seafood Market : Emerging Economies Expected to Influence Growth until 20 …
Seafood is recommended as a part of nutritionally balanced diets. Freezing the seafood creates year-round availability due to increased shelf life. Also, this makes the seafood available at affordable prices without deteriorating the quality and nutrition. The demand for ready to cook/eat food products has been witnessing growth over the recent years due to various factors such as convenience, affordability, high nutritional value, and others. This has consequently increased the