Seafood Market Statistical data, Revenue, Industry Demand Analysis by 2023

Posted by Pradeep Zende on February 12th, 2019

Market Research Future has invested its best resources in the research of the global seafood market in its latest report on the subject. Growth is projected for the market over the forecast period between 2018 and 2023. This projection has been dictated by several factors which have been recorded in the report along with key market figures regarding key market segments as well as the overall growth of the global market.

Leading market participants have been analyzed in MRFR’s global seafood market report. Their various growth strategies, market shares and other important details regarding competition tracking have been included and reported upon in the report. Players mentioned in the report are Zhanjiang Guolian Aquatic Products Co., Ltd., Thai Union Group PCL, Tri Marine International, Inc., Cooke Aquaculture, Inc., Lyons Seafoods, Ltd., Trident Seafoods Corp., Austevoll Seafood ASA, Amalgam Enterprises, Princes, Ltd., and Dongwon Group.

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Segmentation of the global seafood market into its various vital components has been performed based on type, category, distribution channel, and region. Types of seafood have been broadly segmented to include crustaceans, mollusks, fish and others. Categories of seafood have been divided into salted seafood, dried seafood, smoked seafood, frozen seafood, and others. Distribution channels for seafood have been segmented into store based, and non-store based. Segmentation into the global seafood market's various vital regional market has been done and includes Asia Pacific, Europe, North America, and the Rest of the World

The Asia Pacific leads the market with the highest share of the Global Seafood Market due to the high production of seafood in the region. Seafood makes up a vital component of the diet in many regions of the Asia Pacific as many countries in the have large coastal areas. In countries like Thailand, and Japan, seafood is integral in the cuisine and as such is consistently in high demand. Moreover, the region has a truly significant population size which is urbanizing at a rapid rate. The general increase in the region’s economic status has been key in the rise of disposable incomes which have led to the increased consumption and demand for seafood. Additionally, and increasing focus on health consciousness and recognition of seafood as healthy meat has also impacted the growth of the seafood market in the region.

Growing vegetarianism is likely to restrain market growth. Moreover, reports of mercury levels rising in the ocean has both increased the demand for sweetwater fish and hindered the growth of the overall seafood market. However, with rising demand for organic fishing methods  is expected to offer the market new avenues for growth.

Browse the market data and information spread across 110 pages with 48 data tables and 12 figures of the report “Seafood Market Research Report- Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/seafood-market-1971

January 2019 Market Research Future has published a half-cooked research report on the Global Seafood Market.

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