Seafood Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Seafood Market size was valued at $159,311.9 million in 2019, and is projected to reach $193,913.6 million by 2027, registering a CAGR of 2% from 2021 to 2027.

The growth of the seafood market can be attributed to rising awareness of the health benefits of seafood and changing lifestyles of consumers. Non-vegetarian consumers are slowly changing their lifestyles and following the pesetarian largely. Pescetarianism refers to vegetarian food along with seafood, but does not include meat such as beef, pork, poultry, etc. These changes have been observed due to consumer preference for a healthy diet. Meat and meat products often contain harmful pesticides and chemicals, which can be dangerous if consumed in large quantities. Therefore, consumers are looking for other alternatives.

Market Segments

By Application

• Retail
• Institutions
• Food Service

By Type

• Fish
• Crustaceans
• Mollusca
• Others

Key Players

• Austevoll Seafood ASA (Norway)
• Cooke Aquaculture, Inc. (Canada)
• Thai Union Group PCL (Thailand)
• Dongwon Group (South Korea)
• Lyons Seafoods, Ltd. (UK)
• Zhanjiang Guolian Aquatic Products Co., Ltd. (China)
• Princes, Ltd. (UK)

Scope of the Report

The research study analyzes the global Seafood industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Seafood Market Report

1. What was the Seafood Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Seafood Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Seafood Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.