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Seafood Market by Type (Cephalopods, Crustaceans, Molluscs, Flat Fish, Ground Fish, Salmonids, Tuna, Pelagics, Others (Marine Fish and Aquatic Products)), Retail Market Variety (Ambient, Frozen, and Chilled), and Sales Channel (Retail, Foodservice, and Institutional) - Global Opportunity Analysis and Industry Forecast, 2017-2023

FO_172693
Pages: 210
Aug 2017 | 12677 Views
 
Author(s) : Akhila Prasannan
Tables: 128
Charts: 33
 

Seafood Market Outlook - 2023

The global seafood market was valued at $125,445 million in 2017 and is projected to reach $155,316 million by 2023, registering a CAGR of 3.6% from 2017 to 2023. Seafood refers to any form of sea life that is consumed by humans. It generally includes different kind of fish and shellfish. The seafood market based on type is divided into cephalopods, crustaceans, mollusks, flat fish, ground fish, salmonids, tuna, pelagics, and others. Wide array of choice in seafood is one of the significant factors that promote the seafood market. Seafood is an excellent source of proteins, vitamins, and minerals, and provides numerous health benefits. It provides essential fatty acids which helps to reduce the risk of cardiovascular diseases and contribute to brain and vision development. Rise in awareness about the health benefits associated with seafood driving the of global seafood market growth. In addition other factors such as rise in disposable income, changing lifestyles and consumer preferences for diet supports the growth of market during seafood market forecast period. However, depletion of sea species has restrained the growth of market. Furthermore, collaboration of fishermen and fish farmers to processors, distributors, retailers, restaurants, and foodservice providers to resolve the environmental issues is expected to provide lucrative opportunities for seafood market.

Seafood Market

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The global seafood industry is segmented based on type, retail variety, sales channel, and geography. Based on type, it is divided into cephalopods, crustaceans, mollusks, flat fish, ground fish, salmonids, tuna, pelagics, and others (marine fish and aquatic products). On the basis of retail variety, it is classified into ambient, frozen, and chilled. On the basis of sales channel, it is categorized into retail, foodservice, and institutional. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

Seafood Market by Type

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Based on type, ground fish segment was the highest contributor to the global seafood market accounting for one-fourth of seafood market share in 2017, and is anticipated to grow at moderate CAGR of 1.6% by 2023. Ground fish are species that live near their habitat and generally do not migrate like other species such as tuna, swordfish, sardines, and others. Some of the ground fish species includes cod, flounder, halibut, and sole. The high demand for ground fish is attributable to its high nutritional value as it is a rich source of protein, phosphorus, niacin, and vitamin B-12. The product has high market value and available in various forms such as fresh and frozen fillets, frozen whole fish, breaded fillets or portions, smoked, dried, salted, and canned products.

Seafood Market by Market Variety

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By retail market variety, the chilled segment is expected to retain its dominance throughout the forecast period with 54.8% share in 2017 and registering CAGR of 4.0%. Frozen segment is estimated to occupy 
Two-sevenths of market share by 2023. Chilled and frozen segments collectively accounted for about 85.6% of the global seafood market in 2016. The demand for chilled seafood is growing due to the increasing demand for convenience food items and shifting preferences of consumers. In addition, changing lifestyle demographics is another driving factor boosting the growth of seafood market. Currently, manufacturers have emphasized on the production of frozen seafood with nutritional quality, microbiological safety, and convenience of handling thus boosting growth of frozen seafood segment.

Seafood Market By Sales Channel

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By sales channel retail segment was the highest contributor to the market with three-fourths of market share in 2017, and is estimated to grow at a CAGR of 3.4% during the forecast period. The institutional segment is estimated to grow at a CAGR of 2.8% by 2023. Retail and foodservice segments collectively accounted for about 92.3% of the global market in 2016, with the former constituting around 73.2% share.

Seafood Market by Region

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Asia-Pacific is one of the biggest and fastest growing seafood markets in the world. The preference for seafood is expected to increase in Asia-Pacific, owing to change in lifestyle of people and rise in disposable income. China is a high growth market and has the capacity to pay more for premium and high-quality seafood thus propelling growth of market. Apart from this, in countries such as India fish farming is profitable and successful commercial business. India produced 10.8 million tonnes (mt) of fish in 2016, the third highest in the world, after China and Indonesia. India’s share of global fish production was around 6%, according to the FAO. Adoption of advance technologies is expect to provide great avenues for market in Asian countries.

The key players in the global seafood industry have strategically focused on product launch as their key strategy to gain significant share in the market. Some of the key players analyzed in the market are Pacific Seafood, Kangamiut Seafood A/S, American Seafoods Company, Phillips Foods, Inc., Trident Seafoods Corporation, Marine Harvest ASA, Thai Union Group PCL, Lee Fishing Company and Leigh Fisheries.

Key Benefits for Seafood Market:

  • The report provides a quantitative analysis of the current seafood market trends, estimations, and dynamics of the market size from 2017 to 2023 to identify the prevailing market opportunities.
  • The key countries in all the major regions are mapped based on their market share.
  • Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
  • In-depth analysis and the seafood market size and segmentation assists in determining the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global industry. Market player positioning segment facilitates benchmarking and provides a clear understanding of the present position of market players.
  • The report includes revenue generated from the sales of seafood market and sales forecast across North America, Europe, Asia-Pacific, and LAMEA.
  • The report includes the seafood market analysis at regional as well as the global level, key players, market segments, application areas, and growth strategies.

Seafood Market Key Segments:

Type

  • Cephalopods
  • Crustaceans
  • Molluscs
  • Flat Fish
  • Ground Fish
  • Salmonids
  •  Tuna
  • Pelagics
  • Others (Marine Fish and Aquatic Products)

Retail Market Variety

  • Ambient
  • Frozen
  • Chilled

Sales Channel

  • Retail
  • Foodservice
  • Institutional

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spai
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • LAMEA
    • Brazil
    • KSA
    • South Africa
    • Rest of LAMEA
 

CHAPTER 1. INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. KEY MARKET SEGMENT
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tool & Model

CHAPTER 2. EXECUTIVE SUMMARY

2.1. MARKET SNAPSHOT
2.2. CXO PERSPECTIVES

CHAPTER 3. MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top Investment Pockets
3.2.2. Top winning strategies

3.3. PORTER’S FIVE FORCES ANALYSIS
3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Changing lifestyle and consumer preferences
3.4.1.2. Rise in disposable income
3.4.1.3. Increase in awareness about the health benefits associated with seafood
3.4.1.4. Extensive availability of different species of fish

3.4.2. Restraints

3.4.2.1. Depletion of wild fish stocks

3.4.3. Opportunities

3.4.3.1. Collaborations between manufacturers and foodservice providers

CHAPTER 4. GLOBAL SEAFOOD MARKET, BY TYPE

4.1. INTRODUCTION

4.1.1. Market Size and Forecast

4.2. CEPHALOPODS

4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast

4.3. CRUSTACEANS

4.3.1. Key Market Trends, Growth Factors and Opportunities
4.3.2. Market Size and Forecast

4.4. MOLLUSCS

4.4.1. Key Market Trends, Growth Factors and Opportunities
4.4.2. Market Size and Forecast

4.5. FLAT FISH

4.5.1. Key Market Trends, Growth Factors and Opportunities
4.5.2. Market Size and Forecast

4.6. GROUND FISH

4.6.1. Key Market Trends, Growth Factors and Opportunities
4.6.2. Market Size and Forecast

4.7. SALMONIDS

4.7.1. Key Market Trends, Growth Factors and Opportunities
4.7.2. Market Size and Forecast

4.8. TUNA

4.8.1. Key Market Trends, Growth Factors and Opportunities
4.8.2. Market Size and Forecast

4.9. PELAGICS

4.9.1. Key Market Trends, Growth Factors and Opportunities
4.9.2. Market Size and Forecast

4.10. OTHER MARINE FISH AND AQUATIC PRODUCTS

4.10.1. Key Market Trends, Growth Factors and Opportunities
4.10.2. Market Size and Forecast

CHAPTER 5. GLOBAL SEAFOOD MARKET, BY RETAIL MARKET VARIETY

5.1. INTRODUCTION

5.1.1. Market Size and Forecast

5.2. AMBIENT

5.2.1. Key Market Trends, Growth Factors and Opportunities
5.2.2. Market Size and Forecast

5.3. FROZEN

5.3.1. Key Market Trends, Growth Factors and Opportunities
5.3.2. Market Size and Forecast

5.4. CHILLED

5.4.1. Key Market Trends, Growth Factors and Opportunities
5.4.2. Market Size and Forecast

CHAPTER 6. GLOBAL SEAFOOD MARKET, BY SALES CHANNEL

6.1. INTRODUCTION

6.1.1. Market Size and Forecast

6.2. RETAIL

6.2.1. Key Market Trends, Growth Factors and Opportunities
6.2.2. Market Size and Forecast

6.3. FOODSERVICE

6.3.1. Key Market Trends, Growth Factors and Opportunities
6.3.2. Market Size and Forecast

6.4. INSTITUTIONAL

6.4.1. Key Market Trends, Growth Factors and Opportunities
6.4.2. Market Size and Forecast

CHAPTER 7. GLOBAL SEAFOOD MARKET, BY GEOGRAPHY

7.1. INTRODUCTION

7.1.1. Market Size and Forecast

7.2. NORTH AMERICA

7.2.1. Key Market Trends, Growth Factors and Opportunities
7.2.2. Market Size and Forecast
7.2.3. U.S.

7.2.3.1. Market size and forecast, by retail market variety

7.2.4. Canada

7.2.4.1. Market size and forecast, by retail market variety

7.2.5. Mexico

7.2.5.1. Market size and forecast, by retail market variety

7.3. EUROPE

7.3.1. Key Market Trends, Growth Factors and Opportunities
7.3.2. Market Size and Forecast
7.3.3. France

7.3.3.1. Market size and forecast, by retail market variety

7.3.4. Germany

7.3.4.1. Market size and forecast, by retail market variety

7.3.5. UK

7.3.5.1. Market size and forecast, by retail market variety

7.3.6. Spain

7.3.6.1. Market size and forecast, by retail market variety

7.3.7. Italy

7.3.7.1. Market size and forecast, by retail market variety

7.3.8. Rest of Europe

7.3.8.1. Market size and forecast, by retail market variety

7.4. ASIA-PACIFIC

7.4.1. Key Market Trends, Growth Factors and Opportunities
7.4.2. Market Size and Forecast
7.4.3. India

7.4.3.1. Market size and forecast, by retail market variety

7.4.4. China

7.4.4.1. Market size and forecast, by retail market variety

7.4.5. Japan

7.4.5.1. Market size and forecast, by retail market variety

7.4.6. Korea

7.4.6.1. Market size and forecast, by retail market variety

7.4.7. Australia

7.4.7.1. Market size and forecast, by retail market variety

7.4.8. Rest of Asia-Pacific

7.4.8.1. Market size and forecast, by retail market variety

7.5. LAMEA

7.5.1. Key Market Trends, Growth Factors and Opportunities
7.5.2. Market Size and Forecast
7.5.3. Brazil

7.5.3.1. Market size and forecast, by retail market variety

7.5.4. KSA

7.5.4.1. Market size and forecast, by retail market variety

7.5.5. South Africa

7.5.5.1. Market size and forecast, by retail market variety

7.5.6. Rest of LAMEA

7.5.6.1. Market size and forecast, by retail market variety

CHAPTER 8. COMPANY PROFILES

8.1. PACIFIC SEAFOOD

8.1.1. Company Overview
8.1.2. Company Snapshot
8.1.3. Operating Business Segments
8.1.4. Business Performance
8.1.5. Key Strategic Moves and Developments

8.2. KANGAMIUT SEAFOOD A/S

8.2.1. Company Overview
8.2.2. Company Snapshot
8.2.3. Operating Business Segments
8.2.4. Business Performance
8.2.5. Key Strategic Moves and Developments

8.3. AMERICAN SEAFOODS COMPANY

8.3.1. Company Overview
8.3.2. Company Snapshot
8.3.3. Operating Business Segments
8.3.4. Business Performance
8.3.5. Key Strategic Moves and Developments

8.4. PHILLIPS FOODS, INC

8.4.1. Company Overview
8.4.2. Company Snapshot
8.4.3. Operating Business Segments
8.4.4. Business Performance
8.4.5. Key Strategic Moves and Developments

8.5. TRIDENT SEAFOODS CORPORATION

8.5.1. Company Overview
8.5.2. Company Snapshot
8.5.3. Operating Business Segments
8.5.4. Business Performance
8.5.5. Key Strategic Moves and Developments

8.6. MARINE HARVEST ASA

8.6.1. Company Overview
8.6.2. Company Snapshot
8.6.3. Operating Business Segments
8.6.4. Business Performance
8.6.5. Key Strategic Moves and Developments

8.7. THAI UNION GROUP PCL

8.7.1. Company Overview
8.7.2. Company Snapshot
8.7.3. Operating Business Segments
8.7.4. Business Performance
8.7.5. Key Strategic Moves and Developments

8.8. HIRO

8.8.1. Company Overview
8.8.2. Company Snapshot
8.8.3. Operating Business Segments
8.8.4. Business Performance
8.8.5. Key Strategic Moves and Developments

8.9. LEE FISHING COMPANY

8.9.1. Company Overview
8.9.2. Company Snapshot
8.9.3. Operating Business Segments
8.9.4. Business Performance
8.9.5. Key Strategic Moves and Developments

8.10. LEIGH FISHERIES

8.10.1. Company Overview
8.10.2. Company Snapshot
8.10.3. Operating Business Segments
8.10.4. Business Performance
8.10.5. Key Strategic Moves and Developments

List of Tables

TABLE 1. GLOBAL SEAFOOD MARKET VOLUME BY TYPE, 2015-2023 (KT)
TABLE 2. GLOBAL SEAFOOD MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 3. GLOBAL SEAFOOD MARKET VOLUME FOR CEPHALOPODS BY REGION, 2015-2023 (KT)
TABLE 4. GLOBAL SEAFOOD MARKET VALUE FOR CEPHALOPODS BY REGION, 2015-2023 ($MILLION)
TABLE 5. GLOBAL SEAFOOD MARKET VOLUME FOR CRUSTACEANS BY REGION, 2015-2023 (KT)
TABLE 6. GLOBAL SEAFOOD MARKET VALUE FOR CRUSTACEANS BY REGION, 2015-2023 ($MILLION)
TABLE 7. GLOBAL SEAFOOD MARKET VOLUME FOR MOLLUSCS BY REGION, 2015-2023 (KT)
TABLE 8. GLOBAL SEAFOOD MARKET VALUE FOR MOLLUSCS BY REGION, 2015-2023 ($MILLION)
TABLE 9. GLOBAL SEAFOOD MARKET VOLUME FOR FLAT FISH BY REGION, 2015-2023 (KT)
TABLE 10. GLOBAL SEAFOOD MARKET VALUE FOR FLAT FISH BY REGION, 2015-2023 ($MILLION)
TABLE 11. GLOBAL SEAFOOD MARKET VOLUME FOR GROUND FISH BY REGION, 2015-2023 (KT)
TABLE 12. GLOBAL SEAFOOD MARKET VALUE FOR GROUND FISH BY REGION, 2015-2023 ($MILLION)
TABLE 13. GLOBAL SEAFOOD MARKET VOLUME FOR SALMONIDS BY REGION, 2015-2023 (KT)
TABLE 14. GLOBAL SEAFOOD MARKET VALUE FOR SALMONIDS BY REGION, 2015-2023 ($MILLION)
TABLE 15. GLOBAL SEAFOOD MARKET VOLUME FOR TUNA BY REGION, 2015-2023 (KT)
TABLE 16. GLOBAL SEAFOOD MARKET VALUE FOR TUNA BY REGION, 2015-2023 ($MILLION)
TABLE 17. GLOBAL SEAFOOD MARKET VOLUME FOR PELAGICS BY REGION, 2015-2023 (KT)
TABLE 18. GLOBAL SEAFOOD MARKET VALUE FOR PELAGICS BY REGION, 2015-2023 ($MILLION)
TABLE 19. GLOBAL SEAFOOD MARKET VOLUME FOR OTHER MARINE FISH AND AQUATIC PRODUCTS BY REGION, 2015-2023 (KT)
TABLE 20. GLOBAL SEAFOOD MARKET VALUE FOR OTHER MARINE FISH AND AQUATIC PRODUCTS BY REGION, 2015-2023 ($MILLION)
TABLE 21. GLOBAL SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 22. GLOBAL SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 23. GLOBAL SEAFOOD MARKET VOLUME FOR AMBIENT BY REGION, 2015-2023 (KT)
TABLE 24. GLOBAL SEAFOOD MARKET VALUE FOR AMBIENT BY REGION, 2015-2023 ($MILLION)
TABLE 25. GLOBAL SEAFOOD MARKET VOLUME FOR FROZEN BY REGION, 2015-2023 (KT)
TABLE 26. GLOBAL SEAFOOD MARKET VALUE FOR FROZEN BY REGION, 2015-2023 ($MILLION)
TABLE 27. GLOBAL SEAFOOD MARKET VOLUME FOR CHILLED BY REGION, 2015-2023 (KT)
TABLE 28. GLOBAL SEAFOOD MARKET VALUE FOR CHILLED BY REGION, 2015-2023 ($MILLION)
TABLE 29. GLOBAL SEAFOOD MARKET VOLUME BY SALES CHANNEL, 2015-2023 (KT)
TABLE 30. GLOBAL SEAFOOD MARKET VALUE BY SALES CHANNEL, 2015-2023 ($MILLION)
TABLE 31. GLOBAL SEAFOOD MARKET VOLUME BY RETAIL BY REGION, 2015-2023 (KT)
TABLE 32. GLOBAL SEAFOOD MARKET VALUE BY RETAIL BY REGION, 2015-2023 ($MILLION)
TABLE 33. GLOBAL SEAFOOD MARKET VOLUME BY FOODSERVICE BY REGION, 2015-2023 (KT)
TABLE 34. GLOBAL SEAFOOD MARKET VALUE BY FOODSERVICE BY REGION, 2015-2023 ($MILLION)
TABLE 35. GLOBAL SEAFOOD MARKET VOLUME BY INSTITUTIONAL BY REGION, 2015-2023 (KT)
TABLE 36. GLOBAL SEAFOOD MARKET VALUE BY INSTITUTIONAL BY REGION, 2015-2023 ($MILLION)
TABLE 37. GLOBAL SEAFOOD MARKET VOLUME BY REGION, 2015-2023 (KT)
TABLE 38. GLOBAL SEAFOOD MARKET VALUE BY REGION, 2015-2023 ($MILLION)
TABLE 39. NORTH AMERICA SEAFOOD MARKET VOLUME BY TYPE, 2015-2023 (KT)
TABLE 40. NORTH AMERICA SEAFOOD MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 41. NORTH AMERICA SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 42. NORTH AMERICA SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 43. NORTH AMERICA SEAFOOD MARKET VOLUME BY SALES CHANNEL, 2015-2023 (KT)
TABLE 44. NORTH AMERICA SEAFOOD MARKET VALUE BY SALES CHANNEL, 2015-2023 ($MILLION)
TABLE 45. NORTH AMERICA SEAFOOD MARKET VOLUME, BY COUNTRY, 2015-2023 (KT)
TABLE 46. NORTH AMERICA SEAFOOD MARKET VALUE BY COUNTRY, 2015-2023 ($MILLION)
TABLE 47. U.S. SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 48. U.S. SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 49. CANADA SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 50. CANADA SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 51. MEXICO SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 52. MEXICO SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 53. EUROPE SEAFOOD MARKET VOLUME BY TYPE, 2015-2023 (KT)
TABLE 54. EUROPE SEAFOOD MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 55. EUROPE SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 56. EUROPE SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 57. EUROPE SEAFOOD MARKET VOLUME BY SALES CHANNEL, 2015-2023 (KT)
TABLE 58. EUROPE SEAFOOD MARKET VALUE BY SALES CHANNEL, 2015-2023 ($MILLION)
TABLE 59. EUROPE SEAFOOD MARKET VOLUME, BY COUNTRY, 2015-2023 (KT)
TABLE 60. EUROPE SEAFOOD MARKET VALUE BY COUNTRY, 2015-2023 ($MILLION)
TABLE 61. FRANCE SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 62. FRANCE SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 63. GERMANY SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 64. GERMANY SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 65. U.K. SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 66. U.K. SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 67. SPAIN SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 68. SPAIN SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 69. ITALY SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 70. ITALY SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 71. REST OF EUROPE SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 72. REST OF EUROPE SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 73. ASIA-PACIFIC SEAFOOD MARKET VOLUME BY TYPE, 2015-2023 (KT)
TABLE 74. ASIA-PACIFIC SEAFOOD MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 75. ASIA-PACIFIC SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 76. ASIA-PACIFIC SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 77. ASIA-PACIFIC SEAFOOD MARKET VOLUME BY SALES CHANNEL, 2015-2023 (KT)
TABLE 78. ASIA-PACIFIC SEAFOOD MARKET VALUE BY SALES CHANNEL, 2015-2023 ($MILLION)
TABLE 79. ASIA PACIFIC SEAFOOD MARKET VOLUME, BY COUNTRY, 2015-2023 (KT)
TABLE 80. ASIA PACIFIC SEAFOOD MARKET VALUE BY COUNTRY, 2015-2023 ($MILLION)
TABLE 81. INDIA SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 82. INDIA SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 83. CHINA SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 84. CHINA SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 85. JAPAN SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 86. JAPAN SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 87. KOREA SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 88. KOREA SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 89. AUSTRALIA SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 90. AUSTRALIA SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 91. REST OF ASIA-PACIFIC SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 92. REST OF ASIA-PACIFIC SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 93. LAMEA SEAFOOD MARKET VOLUME BY TYPE, 2015-2023 (KT)
TABLE 94. LAMEA SEAFOOD MARKET VALUE BY TYPE, 2015-2023 ($MILLION)
TABLE 95. LAMEA SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 96. LAMEA SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 97. LAMEA SEAFOOD MARKET VOLUME BY SALES CHANNEL, 2015-2023 (KT)
TABLE 98. LAMEA SEAFOOD MARKET VALUE BY SALES CHANNEL, 2015-2023 ($MILLION)
TABLE 99. LAMEA SEAFOOD MARKET VOLUME, BY COUNTRY, 2015-2023 (KT)
TABLE 100. LAMEA SEAFOOD MARKET VALUE BY COUNTRY, 2015-2023 ($MILLION)
TABLE 101. BRAZIL SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 102. BRAZIL SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 103. KSA SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 104. KSA SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 105. SOUTH AFRICA SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 106. SOUTH AFRICA SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 107. REST OF LAMEA SEAFOOD MARKET VOLUME BY RETAIL MARKET, 2015-2023 (KT)
TABLE 108. REST OF LAMEA SEAFOOD MARKET VALUE BY RETAIL MARKET, 2015-2023 ($MILLION)
TABLE 109. PACIFIC SEAFOOD: COMPANY SNAPSHOT
TABLE 110. PACIFIC SEAFOOD: OPERATING SEGMENTS
TABLE 111. KANGAMIUT SEAFOOD A/S: COMPANY SNAPSHOT
TABLE 112. KANGAMIUT SEAFOOD A/S: OPERATING SEGMENTS
TABLE 113. AMERICAN SEAFOODS COMPANY: COMPANY SNAPSHOT
TABLE 114. AMERICAN SEAFOODS COMPANY: OPERATING SEGMENTS
TABLE 115. PHILLIPS FOODS, INC: COMPANY SNAPSHOT
TABLE 116. PHILLIPS FOODS, INC: OPERATING SEGMENTS
TABLE 117. TRIDENT SEAFOODS CORPORATION: COMPANY SNAPSHOT
TABLE 118. TRIDENT SEAFOODS CORPORATION: OPERATING SEGMENTS
TABLE 119. MARINE HARVEST ASA: COMPANY SNAPSHOT
TABLE 120. MARINE HARVEST ASA: OPERATING SEGMENTS
TABLE 121. THAI UNION GROUP PCL: COMPANY SNAPSHOT
TABLE 122. THAI UNION GROUP PCL: OPERATING SEGMENTS
TABLE 123. HIRO: COMPANY SNAPSHOT
TABLE 124. HIRO: OPERATING SEGMENTS
TABLE 125. LEE FISHING COMPANY: COMPANY SNAPSHOT
TABLE 126. LEE FISHING COMPANY: OPERATING SEGMENTS
TABLE 127. LEIGH FISHERIES: COMPANY SNAPSHOT
TABLE 128. LEIGH FISHERIES: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 1. GLOBAL SEAFOOD MARKET, 2016-2023
FIGURE 2. GLOBAL SEAFOOD MARKET BY REGION, 2016-2023
FIGURE 3. GLOBAL SEAFOOD MARKET: SEGMENTATION
FIGURE 4. TOP INVESTMENT POCKETS IN SEAFOOD MARKET, 2016-2023
FIGURE 5. TOP WINNING STRATEGIES
FIGURE 6. BARGAINING POWER OF SUPPLIERS
FIGURE 7. BARGAINING POWER OF BUYERS
FIGURE 8. THREAT OF NEW ENTRANTS
FIGURE 9. THREAT OF SUBSTITUTES
FIGURE 10. COMPETITIVE RIVALRY
FIGURE 11. DRIVERS AND RESTRAINTS: GLOBAL SEAFOOD MARKET
FIGURE 12. GLOBAL SEAFOOD MARKET SHARE, BY TYPE
FIGURE 13. GLOBAL SEAFOOD MARKET SHARE, BY PAYLOAD
FIGURE 14. GLOBAL SEAFOOD MARKET SHARE, BY APPLICATION
FIGURE 15. U.S. SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 16. CANADA SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 17. MEXICO SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 18. GERMANY SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 19. FRANCE SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 20. UK SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 21. SPAIN SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 22. ITALY SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 23. REST OF EUROPE SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 24. INDIA SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 25. CHINA SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 26. JAPAN SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 27. KOREA SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 28. AUSTRALIA SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 29. REST OF ASIA-PACIFIC SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 30. BRAZIL SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 31. KSA SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 32. SOUTH AFRICA SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)
FIGURE 33. REST OF LAMEA SEAFOOD MARKET VALUE, 2015-2023 ($MILLION)

 
 

Seafood refers to fish and shellfish. Most of the seafood that is harvested is consumed by humans. The global seafood market has witnessed significant growth in the recent years, owing to change in lifestyles & food habits, increase in population, upsurge in organized retail, rise in disposable income, surge in urbanization, and growth in awareness about the health benefits of seafood. In addition, surge in demand for convenience food and premiumization of products are expected to boost sales of seafood providers. Intense competition in seafood market demands high degree of packaging innovation from brand manufacturers to overcome the challenges which brings in new opportunities for the key players in this market.

Asia-Pacific is anticipated to account for significant share in the global seafood market. Seafood is in high demand in the Asia-Pacific region, as it contains high amounts of proteins, vitamins, and minerals. Some of the key players have focused on marketing packaged, marinated fish that can be traced online to individual fishers. Oyster farmers, crab & lobster fishers, and finfish distributors use online systems that allow consumers to trace seafood to a specific boat or farm.

 

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