Seafood - Global Market Outlook (2019 -2027)
According to Stratistics MRC, the Global Seafood Market is accounted for $162,435.59 million in 2019 and is expected to reach $213,896.65 million by 2027 growing at a CAGR of 3.5% during the forecast period. Innovations and variations in seafood dishes and demand for proteinaceous fat-free food worldwide are the major factors propelling the market growth. However, short shelf life of the product, government regulations on raising and packaging of seafood and diseases outbreaks while raising and processing seafood are hampering the market growth.
Seafood is a low-calorie food, which is high in proteins, vitamins, minerals, and essential fatty acids, thereby offering numerous health benefits. It refers to all the varieties of fish, crustaceans and molluscs either in fresh or processed form. Sea food is rich in proteins and is considered one of the best foods for body and mind. Farmed fishes or aquaculture have become main stream in supplying seafood to the retail segment as well as for export.
Based on the type, the fish segment is going to have a lucrative growth during the forecast period due to the growing popularity of fish as a high protein alternative to meat. The demand for fish is supplemented by growing number of meat eaters along with rise in awareness about the health benefits of eating fish. Moreover, 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.
By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the growing demand for seafood in India and China. The Asia Pacific seafood market is also set to grow at a boisterous pace as new sellers emerge in the market. Indigenous restaurants have also played a defining role in market growth. In addition, increase in disposable income of individuals in the region drives the market growth, as medium- and high-income consumers in urban areas are shifting their consumption trend from essential to premium goods & services. This trend favours seafood suppliers & institutions to enhance their product & service line in the seafood segment.
Some of the key players profiled in the Seafood Market include American Seafoods Company, Cuulong Fish, Grupo Pescanova, John Westfoods, Kangamiut Seafood A/S, Lee Fishing Company, Leigh Fisheries, Marine Harvest ASA, Pacific Seafood, Phillips Foods, Inc, Royal Greenland, Stone Seafood Company, Thai Union Group PCL, and Trident Seafoods Corporation.
Types Covered:
• Crustaceans
• Fishes
• Molluscs
• Other Types
Distribution Channels Covered:
• Online Sale
• Convenience Stores
• Speciality Stores
• Supermarkets & Hypermarkets
• Non-store Based
Product Formats Covered:
• Frozen Seafood
• Fresh & Live Seafood
• Chilled Seafood
• Ambient (Canned) Seafood
• Salted Seafood
• Dried Seafood
• Pasteurized Seafood
Applications Covered:
• Table Consumption
• Personal Care Products
• Food Service
• Nutraceuticals
• Institutions
• Home
• Retail
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019 2020, 2024, and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Seafood Market, By Type
5.1 Introduction
5.2 Crustaceans
5.2.1 Shrimps
5.2.2 Prawns
5.2.3 Crabs
5.2.4 Lobster
5.3 Fishes
5.3.1 Tuna
5.3.2 Salmon
5.3.3 Pollock
5.3.4 Flat Fish/ Flounder
5.3.5 Sardine
5.3.6 Herring
5.3.7 Mackerel
5.3.8 Seabream & Seabass
5.3.9 Tilapia
5.3.10 Cod
5.3.11 Rainbow Trout
5.3.12 Catfish
5.4 Molluscs
5.4.1 Oysters
5.4.2 Scallops
5.4.3 Bivalves
5.4.4 Scallops
5.4.5 Clams
5.5 Other Types
5.5.1 Marine Mammals
5.5.2 Medusozoa
5.5.3 Roe
5.5.4 Sea Turtles
5.5.5 Echinoderms
5.5.6 Shellfish
5.5.7 Cephalopods
6 Global Seafood Market, By Distribution Channel
6.1 Introduction
6.2 Online Sale
6.3 Convenience Stores
6.4 Speciality Stores
6.5 Supermarkets & Hypermarkets
6.6 Non-store Based
7 Global Seafood Market, By Product Format
7.1 Introduction
7.2 Frozen Seafood
7.3 Fresh & Live Seafood
7.4 Chilled Seafood
7.4.1 Smoked
7.4.2 Slated
7.5 Ambient (Canned) Seafood
7.6 Salted Seafood
7.7 Dried Seafood
7.8 Pasteurized Seafood
8 Global Seafood Market, By Application
8.1 Introduction
8.2 Table Consumption
8.3 Personal Care Products
8.4 Food Service
8.4.1 Fast Food Restaurants
8.5 Nutraceuticals
8.6 Institutions
8.7 Home
8.8 Retail
9 Global Seafood Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 American Seafoods Company
11.2 Cuulong Fish
11.3 Grupo Pescanova
11.4 John Westfoods
11.5 Kangamiut Seafood A/S
11.6 Lee Fishing Company
11.7 Leigh Fisheries
11.8 Marine Harvest ASA
11.9 Pacific Seafood
11.10 Phillips Foods, Inc
11.11 Royal Greenland
11.12 Stone Seafood Company
11.13 Thai Union Group PCL
11.14 Trident Seafoods Corporation
List of Tables
1 Global Seafood Market Outlook, By Region (2018-2027) ($MN)
2 Global Seafood Market Outlook, By Type (2018-2027) ($MN)
3 Global Seafood Market Outlook, By Crustaceans (2018-2027) ($MN)
4 Global Seafood Market Outlook, By Shrimps (2018-2027) ($MN)
5 Global Seafood Market Outlook, By Prawns (2018-2027) ($MN)
6 Global Seafood Market Outlook, By Crabs (2018-2027) ($MN)
7 Global Seafood Market Outlook, By Lobster (2018-2027) ($MN)
8 Global Seafood Market Outlook, By Fishes (2018-2027) ($MN)
9 Global Seafood Market Outlook, By Tuna (2018-2027) ($MN)
10 Global Seafood Market Outlook, By Salmon (2018-2027) ($MN)
11 Global Seafood Market Outlook, By Pollock (2018-2027) ($MN)
12 Global Seafood Market Outlook, By Flat Fish/ Flounder (2018-2027) ($MN)
13 Global Seafood Market Outlook, By Sardine (2018-2027) ($MN)
14 Global Seafood Market Outlook, By Herring (2018-2027) ($MN)
15 Global Seafood Market Outlook, By Mackerel (2018-2027) ($MN)
16 Global Seafood Market Outlook, By Seabream & Seabass (2018-2027) ($MN)
17 Global Seafood Market Outlook, By Tilapia (2018-2027) ($MN)
18 Global Seafood Market Outlook, By Cod (2018-2027) ($MN)
19 Global Seafood Market Outlook, By Rainbow Trout (2018-2027) ($MN)
20 Global Seafood Market Outlook, By Catfish (2018-2027) ($MN)
21 Global Seafood Market Outlook, By Molluscs (2018-2027) ($MN)
22 Global Seafood Market Outlook, By Oysters (2018-2027) ($MN)
23 Global Seafood Market Outlook, By Scallops (2018-2027) ($MN)
24 Global Seafood Market Outlook, By Bivalves (2018-2027) ($MN)
25 Global Seafood Market Outlook, By Scallops (2018-2027) ($MN)
26 Global Seafood Market Outlook, By Clams (2018-2027) ($MN)
27 Global Seafood Market Outlook, By Other Types (2018-2027) ($MN)
28 Global Seafood Market Outlook, By Marine Mammals (2018-2027) ($MN)
29 Global Seafood Market Outlook, By Medusozoa (2018-2027) ($MN)
30 Global Seafood Market Outlook, By Roe (2018-2027) ($MN)
31 Global Seafood Market Outlook, By Sea Turtles (2018-2027) ($MN)
32 Global Seafood Market Outlook, By Echinoderms (2018-2027) ($MN)
33 Global Seafood Market Outlook, By Shellfish (2018-2027) ($MN)
34 Global Seafood Market Outlook, By Cephalopods (2018-2027) ($MN)
35 Global Seafood Market Outlook, By Distribution Channel (2018-2027) ($MN)
36 Global Seafood Market Outlook, By Online (2018-2027) ($MN)
37 Global Seafood Market Outlook, By Convenience Stores (2018-2027) ($MN)
38 Global Seafood Market Outlook, By Speciality Stores (2018-2027) ($MN)
39 Global Seafood Market Outlook, By Supermarkets & Hypermarkets (2018-2027) ($MN)
40 Global Seafood Market Outlook, By Non-store Based (2018-2027) ($MN)
41 Global Seafood Market Outlook, By Product Format (2018-2027) ($MN)
42 Global Seafood Market Outlook, By Frozen Seafood (2018-2027) ($MN)
43 Global Seafood Market Outlook, By Fresh & Live Seafood (2018-2027) ($MN)
44 Global Seafood Market Outlook, By Chilled Seafood (2018-2027) ($MN)
45 Global Seafood Market Outlook, By Smoked (2018-2027) ($MN)
46 Global Seafood Market Outlook, By Slated (2018-2027) ($MN)
47 Global Seafood Market Outlook, By Ambient (Canned) Seafood (2018-2027) ($MN)
48 Global Seafood Market Outlook, By Salted Seafood (2018-2027) ($MN)
49 Global Seafood Market Outlook, By Dried Seafood (2018-2027) ($MN)
50 Global Seafood Market Outlook, By Pasteurized Seafood (2018-2027) ($MN)
51 Global Seafood Market Outlook, By Application (2018-2027) ($MN)
52 Global Seafood Market Outlook, By Table Consumption (2018-2027) ($MN)
53 Global Seafood Market Outlook, By Personal Care Products (2018-2027) ($MN)
54 Global Seafood Market Outlook, By Food Service (2018-2027) ($MN)
55 Global Seafood Market Outlook, By Fast Food Restaurants (2018-2027) ($MN)
56 Global Seafood Market Outlook, By Nutraceuticals (2018-2027) ($MN)
57 Global Seafood Market Outlook, By Institutions (2018-2027) ($MN)
58 Global Seafood Market Outlook, By Home (2018-2027) ($MN)
59 Global Seafood Market Outlook, By Retail (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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