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Seafood Market 2018 Global Trend and Opportunities Forecast to 2023
Posted: Oct 18, 2018
The Global Seafood market has witnessed continued demand during the last few years. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on ‘Global Seafood Market Research Report- Forecast to 2023’ that the market will demonstrate an exceptional CAGR % while achieving good growth rapidly in the forecast period.
Global Key Players and Competition Analysis
Austevoll Seafood ASA (Norway), Cooke Aquaculture, Inc. (Canada), Dongwon Group (South Korea), Trident Seafoods Corp. (US), Lyons Seafoods, Ltd. (UK), Thai Union Group PCL (Thailand), Zhanjiang Guolian Aquatic Products Co., Ltd. (China), Princes, Ltd. (UK), Tri Marine International, Inc. (US), and Amalgam Enterprises (India) are some of the key players in the global seafood market.
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Segmentation Analysis
Global Seafood market has been divided into type, processed type, application and Region
Based on Type: Fish, Roe, Shellfish, Molluscs, Echinoderms, Medusozoa, and Others
Based on Processed Type: Dried Seafood, Salted Seafood, Smoked Seafood, Pasteurized Seafood, Frozen Seafood, and Others
Based on Application: Table Consumption, Personal care products, Nutraceuticals, Fast Food chains, and Others
Based on Region: North America, Europe, Asia Pacific, and Rest of the World
Regional Analysis
The global Seafood Market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). Asia-Pacific holds the major share of seafood market owing to the highest production of seafood in the Eastern and South Eastern parts of Asia-Pacific. Countries such as China and India are highly inclined towards the consumption of seafood in various preparations, such as sushi, caviar, smoked fish, fish soups and sauces, and others.
Market Scope
Global Seafood Market is expected to grow significantly between 2018 and 2023, owing to the rising demand for seafood preparations and nutritional values present in seafood. The high protein content and other essential nutrients of seafood such as fish, crustaceans, and molluscs have raised the demand among consumers. Consumption of seafood is an important part of a healthy diet and is also prescribed by doctors to fulfill the nutrition level in the body, thereby, fuelling the growth of the seafood market globally.
Industry News
May 2017 Grupo Nueva Pescanova has invested €42.5 million to renew its fleet in Africa which will encourage the overall production of seafood
May 2017 High Liner Foods acquired Rubicon Resources, LLC. The acquisition will assist the company to augment the product portfolio in shrimp which are experiencing a massive growth in the North America region.
Mar 2017 Clearwater Seafoods numerous wild-caught shellfish formats to meet growing demand
Browse the market data and information spread across 110 pages with 48 data tables and 12 figures of the report "Seafood Market Research Report- Forecast to 2023" in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/seafood-market-1971
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