U.S. Seafood Market Forecasted for Solid Performance, Estimated at US$ 41.7 Bn by 2032 - Persistence Market Research

The U.S. seafood market is witnessing a significant shift, spurred by changing consumer preferences, demographic transformations, and advancements in aquaculture and cold chain logistics. Valued at US$ 30.1 billion in 2025, the market is forecast to grow steadily at a compound annual growth rate (CAGR) of 4.8%, reaching US$ 41.7 billion by 2032. This growth is driven by rising demand for protein-rich and low-fat diets, increasing interest in global cuisines, and a robust presence of foreign-born populations who prefer seafood as a staple.

Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response):
https://www.persistencemarketresearch.com/samples/35226

Fish is expected to dominate the U.S. seafood landscape by accounting for 64.7% of the total share in 2025, driven by affordability and rising awareness of its health benefits. The Southeast U.S. will emerge as the leading region, capturing 23.6% of the market due to its proximity to the Gulf and Atlantic coasts, which ensures consistent seafood supply, especially shrimp and crab.

Key Highlights from the Report

➔ Fish is expected to hold a dominant 64.7% share in 2025 due to affordability and health awareness.
➔ On-trade distribution channels will account for 57.3% share amid rising popularity of seafood dining.
➔ Southeast U.S. is poised to secure 23.6% market share in 2025, fueled by abundant shrimp supply.
➔ Climate change is bringing new exotic fish into U.S. waters, expanding local seafood options.
➔ Inland aquaculture is gaining traction in the Midwest and Southeast to reduce coastal dependency.
➔ Online sales of seafood are surging post-pandemic, driving growth in the off-trade segment.

Market Segmentation

By type, the market is segmented into fish, shrimp, and other seafood. The fish category will lead the market with its widespread consumption across households and restaurants. Shrimp is gaining ground due to its adaptability across a variety of cuisines.

By form, seafood is categorized into canned, fresh/chilled, frozen, and processed. Frozen seafood, especially frozen fish, is becoming increasingly popular due to consumer preference for convenience.

By distribution channel, the market is split between off-trade (supermarkets/hypermarkets, online channels, convenience stores, and others) and on-trade (restaurants and food service establishments). On-trade is forecast to dominate by 2025.

By region, the market includes the West, Midwest, Southwest, Southeast, and Northeast. The Southeast leads with favorable climatic conditions for shrimp farming and access to major fishing ports.

Regional Insights

The West U.S., particularly Alaska and California, plays a critical role in commercial fisheries. Alaska leads in seafood landings, especially for salmon and crab. However, fisheries are under threat due to ecological challenges like domoic acid and warming waters.

The Southeast U.S. is the epicenter of shrimp production, especially in states like Louisiana and Florida. Despite challenges from cheaper imports, domestic farming efforts continue to expand.

The Midwest is emerging as a key inland aquaculture and logistics hub, with cities like Chicago and states like Indiana investing in sustainable aquaculture and refrigerated storage.

Market Drivers

Changing demographics and multicultural influences are driving seafood demand. With over 46.2 million foreign-born residents in the U.S., cuisines from Asia Pacific and Latin America are boosting seafood consumption. The rise of global flavors, sushi culture, and poke bowls also contributes to market expansion.

Health trends are influencing a shift from red meat to seafood, as consumers seek protein-rich, low-fat, and nutrient-dense foods. Omega-3-rich fish such as salmon are increasingly considered essential for cardiovascular health.

Market Restraints

A key challenge is the high cost associated with reefer containers for importing seafood. Shipping costs tripled from 2019 to 2022, leading to increased retail prices and affordability concerns among consumers. This may impact the market's accessibility and growth.

Domestic shrimp farmers also face stiff competition from low-cost imports, with dockside prices in states like Louisiana falling drastically, threatening the viability of local businesses.

Market Opportunities

Retailers are exploring underutilized fish species to reduce pressure on conventional favorites. Promotion of alternatives like monkfish, barramundi, and Arctic char can diversify consumer choices and ensure sustainability.

Online seafood platforms are thriving, offering convenience, wider variety, and fresh delivery services. E-commerce expansion is opening doors to new demographics who prioritize quality and ease of access.

Inland aquaculture holds promise, especially in landlocked states, using sustainable methods like recirculating systems. This reduces reliance on coastal areas and foreign imports.

Reasons to Buy the Report

✔ In-depth segmentation and regional breakdowns to guide targeted marketing strategies.
✔ Insights into emerging trends and shifting consumer behaviors in seafood consumption.
✔ Detailed competitive landscape for strategic partnerships and market positioning.
✔ Accurate forecasts to support investment decisions and risk management.
✔ Exploration of untapped opportunities like underutilized species and inland farming.

Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response):
https://www.persistencemarketresearch.com/samples/35226

Company Insights

• Admiralty Island Fisheries Inc.
• Beaver Street Fisheries
• High Liner Foods Inc.
• Inland Seafood Inc.
• Mowi ASA
• NH Foods Ltd
• Sysco Corporation
• Thai Union Group PCL
• The Kraft Heinz Company
• Trident Seafood Corporation

Contact Us:
Persistence Market Research
G04 Golden Mile House, Clayponds Lane
Brentford, London, TW8 0GU UK
USA Phone: +1 646-878-6329
UK Phone: +44 203-837-5656
Email: sales@persistencemarketresearch.com
Web: https://www.persistencemarketresearch.com

About Persistence Market Research:

At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.

Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.

This release was published on openPR.