Global Seafood Market, By Product (Crustaceans, Molluscs, Fish, Other Seafood) By Retail (Canned Seafood Products, Frozen (Ready Meal), Chilled (Smoked and Slated)), and opportunities and forecast 2020-2027
Seafood Market Overview
In recent years, there has been a steady increase in the demand for seafood in specialty restaurants. A big portion of the population prefers seafood to other cuisines, which is a major driver of market demand. Coastal regions are also working hard to build reliable supply networks for exporting and providing seafood. The ease with which seafood may be obtained from coastal regions is crucial to the market's growth. Several seafood restaurants and chains have established themselves across the globe, and this feature will help the sector mature and flourish. The overall volume of sales in the global seafood market is expected to surge in the coming years.
Tuna's use in sandwiches, baguettes, and bagels has generated new interest in the global seafood market. People living in arid, non-coastal areas are being introduced to new seafood recipes, which is a significant consideration in terms of market growth. On the other hand, short shelf life of the product, government controls on the raising and packing of seafood, and disease outbreaks when raising and processing seafood are all restricting factors for the growth of the global Seafood market.
Report Metric
Details
Market size available for years
2019–2027
Base year considered
2019
Forecast period
2020–2027
Forecast unit
Value (USD Million)
Segments covered
Product, Retail, and Region.
Regions covered
North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA)
Companies covered
Grupo Pescanova, Marine Harvest ASA, Thai Union Frozen Products, Royal Greenland, John Westfoods, Abba Seafoods, Cuulong Fish and Stone Seafood Company.
Covid-19 Impact on Seafood Market
A pandemic such as COVID-19 has not only affected the smooth operations of food supply chains but also resulted in food insecurity conditions in several nations. Manufacturers working in the sector are facing challenges in regards to operations, supply chain, training, safety, emergency responses, awareness, incident management, recreating business models, digitalization, and other unanticipated impacts. Alcohol, a major component in the beverage industry is facing a devastating effect of a pandemic. Around 13% to 15% of the craft beer sector in the world is in the process of shutting up shop, and the wine industry is in severe distress. Besides, the shortage of raw materials caused to shut down of many small to medium food processing companies around the world.
Seafood Market Segment Overview
Based on the Product, Fish is one of the largest segments in the global Seafood market. All types of fish, crustaceans, and mollusks, whether fresh or processed, are considered seafood. Seafood is high in protein and is regarded as one of the healthiest foods available. Farmed fish or aquaculture has become a common source of seafood for both the retail and export markets.
Chefs have refined new recipes and cuisines using fish, prawns, and trout as the main ingredients. The popularity of these recipes has aided in increasing demand for seafood around the world. Seafood has been popular all around the world as a result of the necessity to respond to the demands of consumers of all ages and preferences.
Seafood Market, By Product · Crustaceans · Molluscs · Fish · Other Seafood
Seafood Market, By Retail · Canned Seafood Products · Frozen (Ready Meal) · Chilled (Smoked and Slated)
Seafood Market Regional Overview
Geographically, Europe is a major region for the global Seafood market. Seafood is highly popular in Europe's coastal regions. In addition, regional fast-food businesses have embraced the idea of selling popular seafood dishes. As new sellers enter the market, the Asia Pacific seafood market is expected to rise at a rapid pace. Restaurants that are native to the area have also played a significant role in market expansion. Furthermore, rising seafood demand in India and China has contributed significantly to the global market's expansion.
Seafood Market, By Geography
· North America (US & Canada) · Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe) · Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific) · LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Seafood Market, Key Players
· Grupo Pescanova · Marine Harvest ASA · Thai Union Frozen Products · Royal Greenland · John Westfoods · Abba Seafoods · Cuulong Fish and Stone Seafood Company
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the global Seafood market?
A. A big portion of the population prefers seafood to other cuisines, which is a major driver of market demand
Q2. Which Segments are covered in the global Seafood market report?
A. Product, Retail, and Region. these segments are covered in the global Seafood market report
Q3. Which segment is projected to hold the largest share in the global Seafood market?
A. The fish segment is projected to hold the largest share in the global Seafood market.
Q4. Which region holds the largest share in the global Seafood market?
A. Europe held the largest share in the global Seafood market.
Q5. Which are the prominent players in the global Seafood market?
A. Grupo Pescanova, Marine Harvest ASA, Thai Union Frozen Products, Royal Greenland, John Westfoods, Abba Seafoods, Cuulong Fish and Stone Seafood Company. are some key players in the global Seafood market.
Seafood Market Study Global Market Analysis, Insights and Forecast, 2020-2027
1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
4. Key Insights
4.1. Key Emerging Trends – For Major Countries
4.2. Latest Technological Advancement
4.3. Regulatory Landscape
4.4. Industry SWOT Analysis
4.5. Porters Five Forces Analysis
5. Global Seafood Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Product
5.2.1. Crustaceans
5.2.2. Molluscs
5.2.3. Fish
5.2.4. Other Seafood
5.3. Market Analysis, Insights and Forecast – By Retail
5.3.1. Canned Seafood Products
5.3.2. Frozen (Ready Meal)
5.3.3. Chilled (Smoked and Slated)
5.4. Market Analysis, Insights and Forecast – By Region
5.4.1. North America
5.4.2. Europe
5.4.3. Asia Pacific
5.4.4. Latin America, Middle East and Africa
6. North America Seafood Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Product
6.2.1. Crustaceans
6.2.2. Molluscs
6.2.3. Fish
6.2.4. Other Seafood
6.3. Market Analysis, Insights and Forecast – By Retail
6.3.1. Canned Seafood Products
6.3.2. Frozen (Ready Meal)
6.3.3. Chilled (Smoked and Slated)
6.4. Market Analysis, Insights and Forecast – By Country
6.4.1. U.S.
6.4.2. Canada
7. Europe Seafood Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Product
7.2.1. Crustaceans
7.2.2. Molluscs
7.2.3. Fish
7.2.4. Other Seafood
7.3. Market Analysis, Insights and Forecast – By Retail
7.3.1. Canned Seafood Products
7.3.2. Frozen (Ready Meal)
7.3.3. Chilled (Smoked and Slated)
7.4. Market Analysis, Insights and Forecast – By Country
7.4.1. UK
7.4.2. Germany
7.4.3. France
7.4.4. Italy
7.4.5. Spain
7.4.6. Russia
7.4.7. Rest of Europe
8. Asia Pacific Seafood Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Product
8.2.1. Crustaceans
8.2.2. Molluscs
8.2.3. Fish
8.2.4. Other Seafood
8.3. Market Analysis, Insights and Forecast – By Retail
8.3.1. Canned Seafood Products
8.3.2. Frozen (Ready Meal)
8.3.3. Chilled (Smoked and Slated)
8.4. Market Analysis, Insights and Forecast – By Country
8.4.1. China
8.4.2. India
8.4.3. Japan
8.4.4. Australia
8.4.5. South East Asia
8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Seafood Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Product
9.2.1. Crustaceans
9.2.2. Molluscs
9.2.3. Fish
9.2.4. Other Seafood
9.3. Market Analysis, Insights and Forecast – By Retail
9.3.1. Canned Seafood Products
9.3.2. Frozen (Ready Meal)
9.3.3. Chilled (Smoked and Slated)
9.4. Market Analysis, Insights and Forecast – By Country
9.4.1. Brazil
9.4.2. Saudi Arabia
9.4.3. UAE
9.4.4. Rest of LAMEA
10. Competitive Analysis
10.1. Company Market Share Analysis, 2018
10.2. Key Industry Developments
10.3. Company Profile
10.4. Grupo Pescanova
10.4.1. Business Overview
10.4.2. Segment 1 & Service Offering
10.4.3. Overall Revenue
10.4.4. Geographic Presence
10.4.5. Recent Development
*Similar details will be provided for the following companies
10.5. Marine Harvest ASA
10.6. Thai Union Frozen Products
10.7. Royal Greenland
10.8. John Westfoods
10.9. Abba Seafoods
List of Figures
Figure 1: Global Seafood Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Seafood Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Seafood Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Seafood Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Seafood Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Seafood Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Seafood Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Seafood Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Seafood Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Seafood Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Seafood Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Seafood Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Seafood Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Seafood Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Seafood Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Seafood Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Seafood Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Seafood Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Seafood Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Seafood Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Seafood Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Seafood Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Seafood Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Seafood Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Seafood Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Seafood Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Seafood Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Seafood Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Seafood Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Seafood Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Seafood Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Seafood Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Seafood Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Seafood Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Seafood Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Seafood Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Seafood Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Seafood Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Seafood Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Seafood Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Seafood Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Seafood Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Seafood Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Seafood Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Seafood Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Seafood Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Seafood Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Seafood Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Seafood Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Seafood Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Seafood Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Seafood Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Seafood Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Seafood Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Seafood Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Seafood Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Seafood Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Seafood Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Seafood Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Seafood Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Seafood Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Seafood Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Seafood Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Seafood Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Seafood Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Seafood Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Seafood Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Seafood Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Seafood Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Seafood Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Seafood Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Seafood Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Seafood Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Seafood Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Seafood Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Seafood Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Seafood Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Seafood Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Seafood Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Seafood Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Seafood Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Seafood Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Seafood Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Seafood Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Seafood Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Seafood Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Seafood Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Seafood Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Seafood Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Seafood Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Seafood Market Revenue (USD Billion) Forecast, by Country, 2016-2027
