Global Seafood Market 2024-2028

The seafood market is forecasted to grow by USD 150.04 bn during 2023-2028, accelerating at a CAGR of 13.55% during the forecast period. The report on the seafood market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising consumer awareness about healthy nutrition, rising popularity of seafood in aging population, and increasing prominence of land-based fish farming.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	12.45%
CAGR	13.55%
Incremental Value	$150.04bn

Technavio's seafood market is segmented as below:

By Type

Fish
Crustacean
Mollusca
Others

By Distribution Channel

Offline
Online

By Geography

APAC
North America
South America
Europe
Middle East and Africa

This study identifies the growth of online retailing in seafood industry as one of the prime reasons driving the seafood market growth during the next few years. Also, promotion of sustainable fishing and seafood consumption and extensive scope through organized retailing will lead to sizable demand in the market.

The report on the seafood market covers the following areas:

Seafood market sizing
Seafood market forecast
Seafood market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading seafood market vendors that include Aker BioMarine ASA, Austevoll Seafood ASA, Clifton Sea Food Co., Cooke Aquaculture Inc., Djibah Seafood SARL, Grayton Seafood Co. LLC, Kangamiut Seafood AS, Kings Seafood Group, Lee Fish, Lee Fishing Company, Marel Group, Mida Food Distributors Inc., Motor City Seafood Co., Mowi ASA, Nueva Pescanova SL, Pacific Seafood Group, Phillips Foods Inc., Seattle Fish Co., The Deep Seafood Co., and Trident Seafoods Corp.. Also, the seafood market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR73599

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Type
Exhibit 06: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global seafood market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global seafood market 2018 - 2022 ($ billion)
4.2 Type Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 Distribution Channel Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - Distribution Channel Segment 2018 - 2022 ($ billion)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
Exhibit 30: Chart on Type - Market share 2023-2028 (%)
Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Exhibit 32: Chart on Comparison by Type
Exhibit 33: Data Table on Comparison by Type
6.3 Fish - Market size and forecast 2023-2028
Exhibit 34: Chart on Fish - Market size and forecast 2023-2028 ($ billion)
Exhibit 35: Data Table on Fish - Market size and forecast 2023-2028 ($ billion)
Exhibit 36: Chart on Fish - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Fish - Year-over-year growth 2023-2028 (%)
6.4 Crustacean - Market size and forecast 2023-2028
Exhibit 38: Chart on Crustacean - Market size and forecast 2023-2028 ($ billion)
Exhibit 39: Data Table on Crustacean - Market size and forecast 2023-2028 ($ billion)
Exhibit 40: Chart on Crustacean - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Crustacean - Year-over-year growth 2023-2028 (%)
6.5 Mollusca - Market size and forecast 2023-2028
Exhibit 42: Chart on Mollusca - Market size and forecast 2023-2028 ($ billion)
Exhibit 43: Data Table on Mollusca - Market size and forecast 2023-2028 ($ billion)
Exhibit 44: Chart on Mollusca - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Mollusca - Year-over-year growth 2023-2028 (%)
6.6 Others - Market size and forecast 2023-2028
Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ billion)
Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Type
Exhibit 50: Market opportunity by Type ($ billion)
Exhibit 51: Data Table on Market opportunity by Type ($ billion)

7 Market Segmentation by Distribution Channel

7.1 Market segments
Exhibit 52: Chart on Distribution Channel - Market share 2023-2028 (%)
Exhibit 53: Data Table on Distribution Channel - Market share 2023-2028 (%)
7.2 Comparison by Distribution Channel
Exhibit 54: Chart on Comparison by Distribution Channel
Exhibit 55: Data Table on Comparison by Distribution Channel
7.3 Offline - Market size and forecast 2023-2028
Exhibit 56: Chart on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 57: Data Table on Offline - Market size and forecast 2023-2028 ($ billion)
Exhibit 58: Chart on Offline - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Offline - Year-over-year growth 2023-2028 (%)
7.4 Online - Market size and forecast 2023-2028
Exhibit 60: Chart on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 61: Data Table on Online - Market size and forecast 2023-2028 ($ billion)
Exhibit 62: Chart on Online - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Online - Year-over-year growth 2023-2028 (%)
7.5 Market opportunity by Distribution Channel
Exhibit 64: Market opportunity by Distribution Channel ($ billion)
Exhibit 65: Data Table on Market opportunity by Distribution Channel ($ billion)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 67: Chart on Market share by geography 2023-2028 (%)
Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
9.2 Geographic comparison
Exhibit 69: Chart on Geographic comparison
Exhibit 70: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 71: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 72: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibit 73: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 74: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 North America - Market size and forecast 2023-2028
Exhibit 75: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 76: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibit 77: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.5 South America - Market size and forecast 2023-2028
Exhibit 79: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 80: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibit 81: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.6 Europe - Market size and forecast 2023-2028
Exhibit 83: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 84: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibit 85: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Japan - Market size and forecast 2023-2028
Exhibit 99: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 100: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibit 101: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.11 Canada - Market size and forecast 2023-2028
Exhibit 103: Chart on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 104: Data Table on Canada - Market size and forecast 2023-2028 ($ billion)
Exhibit 105: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.12 France - Market size and forecast 2023-2028
Exhibit 107: Chart on France - Market size and forecast 2023-2028 ($ billion)
Exhibit 108: Data Table on France - Market size and forecast 2023-2028 ($ billion)
Exhibit 109: Chart on France - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on France - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity by geography
Exhibit 111: Market opportunity by geography ($ billion)
Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 113: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 115: Overview on factors of disruption
11.4 Industry risks
Exhibit 116: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 117: Vendors covered
12.2 Market positioning of vendors
Exhibit 118: Matrix on vendor position and classification
12.3 Aker BioMarine ASA
Exhibit 119: Aker BioMarine ASA - Overview
Exhibit 120: Aker BioMarine ASA - Business segments
Exhibit 121: Aker BioMarine ASA - Key offerings
Exhibit 122: Aker BioMarine ASA - Segment focus
12.4 Austevoll Seafood ASA
Exhibit 123: Austevoll Seafood ASA - Overview
Exhibit 124: Austevoll Seafood ASA - Business segments
Exhibit 125: Austevoll Seafood ASA - Key offerings
Exhibit 126: Austevoll Seafood ASA - Segment focus
12.5 Cooke Aquaculture Inc.
Exhibit 127: Cooke Aquaculture Inc. - Overview
Exhibit 128: Cooke Aquaculture Inc. - Product / Service
Exhibit 129: Cooke Aquaculture Inc. - Key offerings
12.6 Djibah Seafood SARL
Exhibit 130: Djibah Seafood SARL - Overview
Exhibit 131: Djibah Seafood SARL - Product / Service
Exhibit 132: Djibah Seafood SARL - Key offerings
12.7 Kangamiut Seafood AS
Exhibit 133: Kangamiut Seafood AS - Overview
Exhibit 134: Kangamiut Seafood AS - Product / Service
Exhibit 135: Kangamiut Seafood AS - Key offerings
12.8 Lee Fish
Exhibit 136: Lee Fish - Overview
Exhibit 137: Lee Fish - Product / Service
Exhibit 138: Lee Fish - Key offerings
12.9 Lee Fishing Company
Exhibit 139: Lee Fishing Company - Overview
Exhibit 140: Lee Fishing Company - Product / Service
Exhibit 141: Lee Fishing Company - Key offerings
12.10 Marel Group
Exhibit 142: Marel Group - Overview
Exhibit 143: Marel Group - Business segments
Exhibit 144: Marel Group - Key news
Exhibit 145: Marel Group - Key offerings
Exhibit 146: Marel Group - Segment focus
12.11 Mida Food Distributors Inc.
Exhibit 147: Mida Food Distributors Inc. - Overview
Exhibit 148: Mida Food Distributors Inc. - Product / Service
Exhibit 149: Mida Food Distributors Inc. - Key offerings
12.12 Mowi ASA
Exhibit 150: Mowi ASA - Overview
Exhibit 151: Mowi ASA - Business segments
Exhibit 152: Mowi ASA - Key news
Exhibit 153: Mowi ASA - Key offerings
Exhibit 154: Mowi ASA - Segment focus
12.13 Pacific Seafood Group
Exhibit 155: Pacific Seafood Group - Overview
Exhibit 156: Pacific Seafood Group - Product / Service
Exhibit 157: Pacific Seafood Group - Key offerings
12.14 Phillips Foods Inc.
Exhibit 158: Phillips Foods Inc. - Overview
Exhibit 159: Phillips Foods Inc. - Product / Service
Exhibit 160: Phillips Foods Inc. - Key offerings
12.15 Seattle Fish Co.
Exhibit 161: Seattle Fish Co. - Overview
Exhibit 162: Seattle Fish Co. - Product / Service
Exhibit 163: Seattle Fish Co. - Key offerings
12.16 The Deep Seafood Co.
Exhibit 164: The Deep Seafood Co. - Overview
Exhibit 165: The Deep Seafood Co. - Product / Service
Exhibit 166: The Deep Seafood Co. - Key offerings
12.17 Trident Seafoods Corp.
Exhibit 167: Trident Seafoods Corp. - Overview
Exhibit 168: Trident Seafoods Corp. - Product / Service
Exhibit 169: Trident Seafoods Corp. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 170: Inclusions checklist
Exhibit 171: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 172: Currency conversion rates for US$
13.4 Research methodology
Exhibit 173: Research methodology
Exhibit 174: Validation techniques employed for market sizing
Exhibit 175: Information sources
13.5 List of abbreviations
Exhibit 176: List of abbreviations