Seafood Industry Analysis | Leading Players, Business Demand and Forecast to 2023

SEAFOOD MARKET 2018 Industry Survey, Growth, Competitive Landscape and Forecasts to 2022

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SEAFOOD MARKET 2018 Seafood Market 2018: Industry Survey, Growth, Competitive Landscape and Forecasts to 2022 Continuous increase in demand for high protein food among the consumers is significantly driving the growth of seafood market. Seafood such as fish and shellfish are high in protein content and other essential nutrients which are an important part of a healthy diet. Moreover, seafood is also prescribed by the doctors to fulfill certain dose of nutrients in the body. Also, the seafood market is expected to witness a significant growth in the upcoming period owing to increasing globalization of seafood value chain. Due to this reason, processing of seafood is getting outsourced to various countries and increasing its market growth, creating a massive impact on the global seafood market. Additionally, the development of food technology is encouraging the seafood manufacturers.

Rising growth of organized retail industry is also estimated to be one of the key factors for increasing growth of seafood market during the predicted period. In addition, healthy growth of food service industry both in developed and developing economies over a couple of years is lubricating the seafood market. Bulk purchase of seafood by the food service industry is positively affecting the growth of the market.

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SEAFOOD MARKET 2018

Intended Audience: •

Seafood product manufacturers

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Cold Chain Logistics

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Retailers, wholesalers

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Personal care product manufacturers

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E-commerce companies

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Traders, Importers and exporters

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SEAFOOD MARKET 2018 Regional Analysis The global Seafood market is segmented into North America, Europe, Asia Pacific and Rest of the World. Among all the region, Asia Pacific region is likely to account for the maximum market share in the year of 2017 and is estimated to retain its dominance throughout the forecast period of 20172023. East & south eastern part of Asia Pacific region is the largest producer of seafood products which is contributing to the growth of the market.

Also, the consumption of seafood products is comparatively high in the south eastern part of Asia Pacific region. However, Europe is expected to witness high growth in the global seafood market as compared to the other regions. Moreover, due to globalization, various countries are increasing their exports to other countries to enhance the overall revenue of the government. Also, changing consumer’s food habit is measured to be a major factor for increasing the growth of the fish segment.

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SEAFOOD MARKET 2018 Application & Major Players in this Research: Seafood Market Prominent Players:

 Austevoll Seafood ASA (Norway),  Cooke Aquaculture, Inc. (Canada),  Dongwon Group (South Korea), 

Trident Seafoods Corporation (US),

 Lyons Seafoods Limited (UK) and  Thai Union Group PCL (Thailand)

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