Fish And Seafood Market Size, Share, Industry,Growth, Report & Forecast 2019-2024
- Matt Johnson
- Oct 18, 2019
- 3 min read
According to a new report by Expert Market Research titled, ‘Global Fish and Seafood Market Report and Forecast 2019-2024‘, the global fish output reached a volume of around 178.8 million tons in 2018. The fish market is projected to attain the volume of nearly 207.35 million tons by 2024. The seafood market is further expected to grow at a CAGR of 3.8% in the forecast period of 2019-2024.
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Competitive Landscape & Supplier Analysis
1. High Liner Foods Incorporated (OTCMKTS: HLNFF) 2. Leroy Seafood Group (FRA: Z1L) 3. Lyons Seafoods Limited 4. Mowi ASA (OTCMKTS: MHGVY) 5. Tassal (OTCMKTS: TSLLF) 6. Maruha Nichiro Seafoods Inc 7. Thai Union Group PCL. 8. Trident Seafoods Corporation 9. Pacific Seafood 10. Austevoll Seafood ASA
The global fish and seafood market is driven by the increasing demand for fish and seafood. Fish and seafood refer to any form of sea life used for human consumption. The fish and seafood market based on type is divided into molluscs, crustaceans, and fishes, among others. Consumption of fish and seafood has several health benefits like providing essential fatty acids to help reduce the risk of cardiovascular diseases and contributing to brain and vision development. Growing awareness regarding fish and seafood health benefits is further aiding the growth of the industry.
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In 2019, Mowi, one of the leading companies in fish and seafood market, recently announced that it plans to lower its fish farms far below the sea surface, uniting technology from the Norwegian aquaculture, subsea and offshore industries. For the realisation of “AquaStorm” concept, the company has applied for 36 development licences. The installations for AquaStorm will be situated 15m below the sea surface, which can be exceeded to 50m if the weather requires. These installations will be connected to an offshore control centre, which will remotely feed the fish and control the air, light, power, and signals.
1 Preface 2 Research Methodology 3 Executive Summary 3.1 Market Overview 3.2 Key Demand Drivers 3.3 Key Players 3.4 Supply Market Changes 4 Global Fish and Seafood Market Outlook 5 Global Fish and Seafood Market 5.1 Global Fish and Seafood Market Analysis 5.1.1 Figure: Global Fish and Seafood Historical Market (2014-2018) & Forecast (2019-2024) 5.1.2 Chart: Global Fish and Seafood Market Breakup by Type 5.1.2.1 Molluscs 5.1.2.2 Crustaceans 5.1.2.3 Fishes 5.1.2.4 Others 5.1.3 Figure: Global Fish and Seafood Market Breakup by Type: Historical Market (2014-2018) & Forecast (2019-2024) 5.1.3.1 Molluscs 5.1.3.2 Crustaceans 5.1.3.3 Fishes 5.1.3.4 Others 5.1.4 Chart: Global Fish and Seafood Market Breakup by Product 5.1.4.1 Fresh Fish and Seafood 5.1.4.2 Canned Fish and Seafood 5.1.4.3 Frozen Fish and Seafood 5.1.4.4 Other Fish and Seafood 5.1.5 Figure: Global Fish and Seafood Market Breakup by Product: Historical Market (2014-2018) & Forecast (2019-2024) 5.1.5.1 Fresh Fish and Seafood 5.1.5.2 Canned Fish and Seafood 5.1.5.3 Frozen Fish and Seafood 5.1.5.4 Other Fish and Seafood 5.1.6 Chart: Global Fish and Seafood Market Breakup by Region 5.1.6.1 North America 5.1.6.2 Europe 5.1.6.3 Asia Pacific 5.1.6.4 LATAM 5.1.6.5 Middle East & Africa 5.1.7 Figure: Global Fish and Seafood Market Breakup by Region: Historical Market (2014-2018) & Forecast (2019-2024) 5.1.7.1 North America 5.1.7.2 Europe 5.1.7.3 Asia Pacific 5.1.7.4 LATAM 5.1.7.5 Middle East & Africa
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