Seafood Market Report 2023 - Size, Demand, High CAGR, Prominent Players And Recent Developments || Mowi ASA, Thai Union Group PCL, Austevoll Seafood, Maruha Nichiro Corporation, Trident Seafoods Corporation

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.

As per the seafood market report by The Business Research Company, 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 $250.02 billion in 2022 to $269.34 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The seafood market is expected to grow to $349.55 billion in 2027 at a CAGR of 6.7%.

Read More On The Seafood Market Report Here:
https://www.thebusinessresearchcompany.com/report/seafood-global-market-report

Major competitors in the seafood market include 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 seafood market is segmented -

• By Type: Crustaceans, Fish, Other Seafood

• By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels

• By Product Type: Frozen, Dried, Smoked, Canned, Other Product Types

• By Nature: Organic, Conventional

• By Source: Marine, Inland

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the seafood market.

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The seafood market consists of sales of frozen crustaceans meat, fresh/ chilled crustaceans meat, canned crustaceans meat, frozen fish meat, fresh/ chilled fish meat, canned fish meat, and other seafood meat. Establishments known as floating factory ships that gather and process seafood into canned seafood products are also included in this industry. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The Table Of Content For The Seafood Market Include:
1. Executive Summary
2. Seafood Market Characteristics
3. Seafood Market Trends And Strategies
4. Seafood Market - Macro Economic Scenario
5. Seafood Market Size And Growth
6. Seafood Market Segmentation
...............
27. Seafood Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Seafood Market
29. Seafood Market Future Outlook And Potential Analysis
30. Appendix

The "Global Seafood Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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