Press Release

Best Make Seafood Market Size You Will Read This Year

The global seafood market is likely to derive growth from recent advancements in fish breeding techniques across the world. According to a report by Fortune Business Insights, titled “Seafood Market Size, Share & Industry Analysis, By Type (Crustaceans, Cephalopods, Molluscs, Ground fish, Flat fish, Others), By Category (Frozen Seafood, Salted Seafood, Dried Seafood, Others), By Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Retail, Online Retail) and Regional Forecast, 2019-2026,” the market will benefit from the growing demand for seafood across the world.

Some of the leading companies that are operating in the global seafood market are:

  • Grupo Nueva Pescanova
  • Marine Harvest ASA
  • Leigh Fisheries Ltd
  • Lee Fishing Company
  • Thai Union Group Public Company Limited
  • Midas Gold
  • True World Foods Miami LLC
  • Seattle Fish Company
  • Cooke Aquaculture Chile S.A., Inc

The demand for exotic seafood has risen drastically in recent years. Several food offerings and varieties in seafood have contributed to the growth for the global seafood market. As several health benefits related to seafood have been unfolded in the past two decades, the demand for seafood has increased subsequently, which in turn will contribute to the growth for the global seafood market in the forthcoming years. Seafood offers several health benefits as they are rich in vitamins and minerals.

Advances in fish breeding and methods of fish traps and harnessing will aid the growth of the global seafood market in the coming years. The awareness regarding health-conscious foods and the emphasis on the development of tasty as well as healthy seafood will contribute to the growing demand for seafood across the world.

The report on seafood market provides a detailed analysis on the global seafood market. Several growth drivers have been analyzed in the report. In addition to growth drivers, a few of the factors that have restrained market growth have also been highlighted. For a detailed understanding, the global seafood market has been classified into various sub-segments and the leading segments have been highlighted.

Increasing Mergers and Acquisitions Will Aid Market Growth

The increasing number of mergers and acquisitions has emerged in favor of the seafood market growth. Companies are increasingly adopting strategies that will help them generate substantial seafood market revenue. Recent advancements in fish breeding techniques and the growth strategies in association with these methods will lead to an increased demand for seafood across the world. In 2019, Neuva Pescanova Group and Isidro signed an agreement for the commercialization of fishes.

To get a sample PDF brochure of Seafood  Market report, Click Here

The companies agreed to commercialize turbot and sea bream. This collaboration will not only aid the growth of the company but will also constitute an increase in the global seafood market size in the coming years. The report provides an in-depth analysis of several such mergers and acquisitions and gauges their impact on the global market.

Major Segments includes:

By Type

  • Crustaceans
  • Cephalopods
  • Molluscs
  • Ground fish
  • Flat fish
  • Salmonids
  • Pelagics
  • Tuna
  • Others

By Category

  • Frozen Seafood
  • Salted Seafood
  • Dried Seafood
  • Smoked Seafood
  • Others

By Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Retail
  • Online Retail

By Geography

North America Holds a Dominating Seafood Market Share

The growing demand for seafood in several countries across North America has contributed to the growth of the domestic market. Fortune Business Insights states North America held a dominating share of the global seafood market. The inclination towards the consumption of seafood is one of the driving factors in the market. The rapidly rising food and beverage industry in North America will add to the demand for seafood in this region.

Have Any Query? Ask Our Research Experts

About Us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

About the author

Thomas Fultz

Thomas handles the column depicting food products. He has worked as a product manager before and knows his words very well. His writing flows like water with the ease of reading; his way of writing is effortless and straightforward. In his free times, he loves to talk a walk in the lawn to refresh his mind. He has recently completed 5 years in our organization.

Add Comment

Click here to post a comment