The global seafood market was valued at $120,848 million in 2016, and is expected to reach $155,316 million by 2023, registering a CAGR of 3.6% from 2017 to 2023. Seafood market is expected to witness significant growth due to growth in per capita disposable income. Seafood is an excellent source of essential fatty acids; hence plays a crucial role in healthy diet.
The global seafood market is driven by increasing in awareness about the health benefits associated with seafood. Fresh seafood is rich in proteins, vitamins, and minerals, which are rich in health benefits. In addition, growth in population and extensive availability of different species of fish are expected to boost the demand for seafood during the forecast period.
The global seafood market is segmented based on type, retail variety, sales channel, and geography. Based on type, it is divided into cephalopods, crustaceans, molluscs, 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.
The key players in the global seafood market have strategically focused on product launch as their key strategy to gain significant share in the market.
The key players profiled in the report are
KEY BENEFITS FOR STAKEHOLDERS
KEY MARKET SEGMENTS
*The other players in the value chain include
*Profiles of these players are not included in the report, but can be included on request
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