Seafood Global Market Growth, Trends, By Type, By Application, By Source, By End User, Regional Outlook And Forecast 2022-2031 | Mowi ASA, Thai Union Group PCL, Austevoll Seafood, High Liner Foods, Nichimo Co Ltd

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The global seafood market report by the business research company identifies the world's population is growing and is expected to reach 10 billion by 2050. An increase in the population creates more demand for food. According to "The Agricultural Outlook" by the OECD and FAO, global cereal production is projected to increase by 13% by 2027. Crop production, farming activities, and trade volumes will have to increase in order to meet the increased population. Therefore, companies in this market are expected to benefit from rising demand for food and beverage products, including the seafood manufacturing market, due to the rising population during the forecast period.

The global seafood market grew from $236.78 billion in 2021 to $261.15 billion in 2022 at a compound annual growth rate (CAGR) of 10.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The seafood market is expected to grow to $346.19 billion in 2026 at a CAGR of 7.3%.

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Asia Pacific was the largest region in the seafood market in 2021. Western Europe was the second-largest region in the seafood market. The regions covered in the seafood market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Major players in the seafood market are Mowi ASA, Thai Union Group PCL, Austevoll Seafood, Maruha Nichiro Corporation, Trident Seafoods Corporation., The Kraft Heinz Company, High Liner Foods, Young's Seafood Ltd, Nichimo Co Ltd, and Nichirei Corporation.

The global seafood market is segmented -
1) By Type: Crustaceans, Fish, Other Seafood
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
3) By Product Type: Frozen, Dried, Smoked, Canned, Other Product Types
4) By Nature: Organic, Conventional
5) By Source: Marine, Inland

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The Seafood Market Report Contents Include
1. Executive Summary
2. Report Structure
3. Seafood Market Characteristics
4. Seafood Market Product Analysis
5. Seafood Market Supply Chain
.....
21. Key Mergers And Acquisitions In The Seafood Market
22. Market Background: Meat, Poultry And Seafood Market
23. Recommendations
24. Appendix
25. Copyright And Disclaimer

This 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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