Global Seafood Market By Type (Fish, Crustaceans, Molluscs, Others), By Form (Fresh, Processed), By Distribution Channel (Supermarket, Online Sales, Convenience Stores), By region (North America, Latin America, Europe, Asia Pacific, America, East and Africa) - Industry Trends and Forecast to 2030.
Global Seafood Market
Global Seafood Market was valued at USD 330 million in 2022 and is expected to reach USD 610 million by 2030, with a CAGR of 10.7% during the forecast period 2023-2030.
There is rapid growth in the market in consumption of seafood and their inclination of pescetarianism. Healthy diet is the main fundamental motto with plant-based products. Fish (salmon) contains omega-3 fatty acids, which lowers the risk of heart disease, heart stroke and dementia. Tuna is also full of omega-3 fats that improves blood vessel function, lower blood pressure, and reduces the risk of cardiovascular disease. These factors have been driving the seafood market globally.
Market Drivers
Improving the seafood network infrastructure and affordability will enhance the growth and the revenue can be increased simultaneously. High in omega-3, vitamin A, vitamin B. This helps in maintaining health and providing nutrients to the eye, brain.
Market Restraints
The market is being slowed down as people are turning towards veganism or plant-based products and products. This impacts the growth, consumption and production of meat. The rapid consumption of grains, vegetables etc. hinder the growth market
Impact of COVID-19
Seafood market is growing rapidly globally in each domain. There was a shortage of production and covid-19 restricted the supply and demand. Pandemic was also the reason for the awareness of contactless and hygiene information of the products.
Market Segmentation
Global Seafood Market is segmented on the basis of By Type, By Form, By Distribution Channel.
Based on the By Type market is segmented into Fish, Crustaceans, Molluscs, Others. Further market is segmented into By Form market is segmented into Fresh, Processed. By Distribution Channel is segmented into Supermarket, Online Sales, Convenience Stores.
Regional Analysis
Global Seafood Market is segmented into five main regions, namely, North America, Europe, Asia Pacific, Middle East and Africa, and Latin America Asia Pacific is the largest growth market for seafood with it rapidly increasing in the coming years. Europe being the second largest market for the seafood with increasing consumption of fresh with premium quality food adds to the growth of the industry.
Key Players
American Seafood Company, Lee Fishing Company, Trident Seafoods Corporation, Lee Group, Cooke, Inc, Movi ASA, Dongwon Corporation, Phillips Food Inc., Mitsubishi Corporation, Leroy Group.
Market Taxonomy
By Type
• Fish
• Crustaceans
• Molluscs
• Others
By Nature
• Fresh
• Processed
By Distribution Channel
• Supermarkets
• Convenience Store
• Online Sales
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Seafood Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Seafood Market toc
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Seafood Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn.
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Seafood Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Seafood Market Share Analysis, By Type
5.3 Global Seafood Market Size and Forecast, By Type
5.3.1 Fish
5.3.2 Crustaceans
5.3.3 Molluscs
5.3.4 Others
6 Global Seafood Market, By Form
6.1 Y-o-Y Growth Comparison, By Form
6.2 Global Seafood Market Share Analysis, By Form
6.3 Global Seafood Market Size and Forecast, By Form
6.3.1 Fresh
6.3.2 Processed
7 Global Seafood Market, By Distribution Channel
7.1 Y-o-Y Growth Comparison, By Distribution Channel
7.2 Global Seafood Market Share Analysis, By Distribution Channel
7.3 Global Seafood Market Size and Forecast, By Distribution Channel
7.3.1 Supermarket
7.3.2 Online Sales
7.3.3 Convenience Stores
8 Global Seafood Market, By Region
8.1 Global Seafood Market Share Analysis, By Region
8.2 Global Seafood Market Size and Forecast, By Region
8.3 Global Seafood Market Trends and Forecast, By Region
9 North America Seafood Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 North America Seafood Market Share Analysis, By Type
9.3 North America Seafood Market Size and Forecast, By Form
9.4 North America Seafood Market Size and Forecast, By Distribution Channel
9.5 North America Seafood Market Size and Forecast, By Country
9.5.1 U.S.
9.5.1.1. Market Size and Forecast, By Type
9.5.1.2 Market Size and Forecast, By Form
9.5.1.3. Market Size and Forecast, By Distribution Channel
9.5.2 Canada
9.5.2.1. Market Size and Forecast, By Type
9.5.2.2 Market Size and Forecast, By Form
9.5.2.3. Market Size and Forecast, By Distribution Channel
9.5.3 Mexico
9.5.3.1. Market Size and Forecast, By Type
9.5.3.2 Market Size and Forecast, By Form
9.5.3.3. Market Size and Forecast, By Distribution Channel
10 Europe Seafood Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Europe Seafood Market Share Analysis, By Type
10.3 Europe Seafood Market Size and Forecast, By Form
10.4 Europe Seafood Market Size and Forecast, By Distribution Channel
10.5 Europe Seafood Market Size and Forecast, By Country
10.5.1 Germany
10.5.1.1. Market Size and Forecast, By Type
10.5.1.2 Market Size and Forecast, By Form
10.5.1.3. Market Size and Forecast, By Distribution Channel
10.5.2 France
10.5.2.1. Market Size and Forecast, By Type
10.5.2.2 Market Size and Forecast, By Form
10.5.2.3. Market Size and Forecast, By Distribution Channel
10.5.3 UK
10.5.3.1. Market Size and Forecast, By Type
10.5.3.2 Market Size and Forecast, By Form
10.5.3.3. Market Size and Forecast, By Distribution Channel
10.5.4. Russia
10.5.4.1. Market Size and Forecast, By Type
10.5.4.2 Market Size and Forecast, By Form
10.5.4.3. Market Size and Forecast, By Distribution Channel
10.5.5. Italy
10.5.5.1. Market Size and Forecast, By Type
10.5.5.2 Market Size and Forecast, By Form
10.5.5.3. Market Size and Forecast, By Distribution Channel
10.5.6. Spain
10.5.6.1. Market Size and Forecast, By Type
10.5.6.2 Market Size and Forecast, By Form
10.5.6.3. Market Size and Forecast, By Distribution Channel
10.5.7. Rest of Europe
10.5.7.1. Market Size and Forecast, By Type
10.5.7.2 Market Size and Forecast, By Form
10.5.7.3. Market Size and Forecast, By Distribution Channel
11 Asia Pacific Seafood Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Asia Pacific Seafood Market Share Analysis, By Type
11.3 Asia Pacific Seafood Market Size and Forecast, By Form
11.4 Asia Pacific Seafood Market Size and Forecast, By Distribution Channel
11.5 Asia Pacific Seafood Market Size and Forecast, By Country
11.5.1 China
11.5.1.1. Market Size and Forecast, By Type
11.5.1.2 Market Size and Forecast, By Form
11.5.1.3. Market Size and Forecast, By Distribution Channel
11.5.2 Japan
11.5.2.1. Market Size and Forecast, By Type
11.5.2.2 Market Size and Forecast, By Form
11.5.2.3. Market Size and Forecast, By Distribution Channel
11.5.3 India
11.5.3.1. Market Size and Forecast, By Type
11.5.3.2 Market Size and Forecast, By Form
11.5.3.3. Market Size and Forecast, By Distribution Channel
11.5.4. South Korea
11.5.4.1. Market Size and Forecast, By Type
11.5.4.2 Market Size and Forecast, By Form
11.5.4.3. Market Size and Forecast, By Distribution Channel
11.5.5. Australia
11.5.5.1. Market Size and Forecast, By Type
11.5.5.2 Market Size and Forecast, By Form
11.5.5.3. Market Size and Forecast, By Distribution Channel
11.5.6. New Zealand
11.5.6.1. Market Size and Forecast, By Type
11.5.6.2 Market Size and Forecast, By Form
11.5.6.3. Market Size and Forecast, By Distribution Channel
11.5.7. Singapore
11.5.7.1. Market Size and Forecast, By Type
11.5.7.2 Market Size and Forecast, By Form
11.5.7.3. Market Size and Forecast, By Distribution Ch
