Press release
Seafood Global Market 2025: Impressive Growth Driven by Advancements in Technology and Increased Demand
Seafood Global Market Growth Rate
The global seafood market estimated to reach $270.43 billion by 2025 and expected to see a strong growth of $357.56 billion by 2029.
What Is The Projected Market Size Of The Global Seafood Global Market Report 2025 And Its Growth Rate?
The Global Seafood Market has seen significant growth in recent years and is projected to continue this trend for years. Key statistics include:
- The market will grow from $252.67 billion in 2024 to $270.43 billion in 2025 at a compound annual growth rate (CAGR) of 7.0%.
- The market is expected to reach $357.56 billion in 2029 at a CAGR of 7.2%.
What Is Driving The Growth In The Seafood Global Market Report 2025?
The seafood manufacturing market, including farming activities, crop production, and trade volume, is projected to grow due to the rising worldwide population, predicted to reach 10 billion by 2050. The global cereal production, according to The Agricultural Outlook by the OECD and FAO, is projected to increase by 13% by 2027. This drive reflects the urgent need to meet increased food demands, hence providing potential benefits for companies in the seafood market.
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Who Are the Key Players Driving Seafood Global Market Report 2025 Growth?
Key players in the global seafood market include:
- Marubeni America Corporation
- Sysco Corporation
- Bumble Bee Foods
- The Kraft Heinz Company
- Charoen Pokphand Foods PCL
- Coastal Corp. Ltd.
- Maruha Nichiro Corporation
- Nippon Suisan Kaisha Ltd.
- Nichirei Corporation
- Thai Union Group PCL
- Trident Seafoods Corporation
- Lerøy Seafood Group ASA
- Bolton Group Srl
- High Liner Foods Inc.
- Nichimo Co. Ltd.
- Young's Seafood Ltd.
- Oceana Group Ltd.
- Grieg Seafood ASA
- Austevoll Seafood ASA
- Inland Seafood Inc.
- Beaver Street Fisheries
- Cooke Aquaculture Inc.
- American Seafoods
- Handy Seafood Inc.
- Pacific Seafood
- Phillips Foods Inc.
What Are The Key Trends In The Seafood Global Market Report 2025?
Notable trends in the seafood market include:
- Innovation in seafood products
- Diverse seafood species
- Global flavor influences
- Collaboration for conservation
- Technology in traceability and transparency
What Are The Segments Of The Global Seafood Global Market Report 2025?
The Seafood Market is segmented by:
- Type: Crustaceans, Fish, Other Seafood
- Product Type: Frozen, Dried, Smoked, Canned, Other Product Types
- Nature: Organic, Conventional
- Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
Which Region Leads The Seafood Global Market Report 2025?
Asia-Pacific led the seafood market in 2024 and was closely followed by Western Europe. Other regions covered in the report include Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Seafood Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Seafood Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Seafood Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Seafood Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Seafood Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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