PUBLISHER: TechNavio | PRODUCT CODE: 1681286
PUBLISHER: TechNavio | PRODUCT CODE: 1681286
The squid market is forecasted to grow by USD 2847.9 million during 2024-2029, accelerating at a CAGR of 4.5% during the forecast period. The report on the squid 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 growing popularity of sushi and squid-based dishes among consumers in developed countries, demand for processed seafood, and increasing prominence of land-based fish farming.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 4.2% |
CAGR | 4.5% |
Incremental Value | $2847.9 mn |
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 size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's squid market is segmented as below:
By Product
By Distribution Channel
By Type
By Geographical Landscape
This study identifies the emergence of sustainable aquaculture practices as one of the prime reasons driving the squid market growth during the next few years. Also, growth of online retailing and technological advancements in aquaculture will lead to sizable demand in the market.
The report on the squid market covers the following areas:
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 squid market vendors that include Aksha Fish Meal And Oil Co., Freshkatch, Holt Seafood Company Pty Ltd., Indepesca Overseas Pvt. Ltd., KING FISH PRODUCTS PVT LTD., Lee Fishing Co., Maruha Nichiro Corp., MINH KHUE SEAFOODS CO., Nissui Corp., Nueva Pescanova SL, Oceana Inc., PT. Sukses Lautan Indonesia, Qingdao Seaflying Food Co. Ltd., Seafood Pride International, Super Royale Seafoods Intl Inc., Thai Union Group PCL, and xiamen taiseng seafoods Co. ltd. Also, the squid 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 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 primary and secondary research. 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 accurate market growth.