Fresh Fish and Seafood Market

“Fresh Fish and Seafood Market: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2023-2028” provides a deep and thorough evaluation of the global fresh fish and seafood market. Fish and seafood products include a wide variety of aquaculture-based food products from the freshwater and ocean. They are a rich source of proteins while being low in calories. Apart from this, they are an excellent source of minerals, such as iron, zinc, iodine, magnesium, and potassium, omega-3 fatty acids, vitamins D and B2, calcium and phosphorus. Fresh fish and seafood can be poached, baked, steamed, broiled, deep-fried, and cooked into soups, stews, bisques, and chowders. In addition to this, some seafood items can also be consumed raw, including mollusks and crustaceans.

The global market is majorly driven by the increasing health consciousness among the masses regarding the health benefits offered by the regular consumption of fresh fish and seafood. In line with this, since these foods are helpful in reducing the risks of cardiovascular diseases, this is significantly contributing to the market growth across the globe. Apart from this, the growing popularity of the pescatarian diet among consumers is catalyzing the market growth. Besides this, a significant consumer shift from high-calorie food items toward a healthy and protein-rich diet is strengthening the market growth worldwide. Additionally, the rising number of seafood-based eateries is creating a positive outlook for the market. The market is further driven by the widespread prominence of Asian cuisines on the global level and the inflating per capita income level. Other factors, including the adoption of various fish farming practices and the rapid expansion of organized food retail, are also providing an impetus to market growth worldwide.

Beginning with a global overview, the report explores the dynamics that have a strong influence on the fresh fish and seafood market and can also impact its future growth. Taking 2022 as the base year, the report covers the historical market scenario from 2017-2022 and provides forecasts till 2028. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the fresh fish and seafood market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the fresh fish and seafood market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the fresh fish and seafood Industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the fresh fish and seafood Industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the fresh fish and seafood Industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the fresh fish and seafood Industry. Furthermore, the value chain analysis of the fresh fish and seafood Industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Segmentation by Distribution Channel:

• Supermarkets
• Open markets
• Hypermarkets
• Fish shops

Segmentation by Region:

• Asia-Pacific
• Europe
• Latin America
• North America
• Middle East & Africa

Competitive Landscape:

• Grupo Freiremar
• HIRO
• Lee Fishing Company
• Leigh Fisheries
• Marine Harvest

The price margins for the products along with the various success and risk factors for manufacturers have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the Fresh fish and seafood industry along the parameters of the porter’s five forces model. This model examines the degree of competition in the Fresh fish and seafood industry by analysing the threat posed by new entrants and substitutes, and the bargaining power of suppliers and buyers. Swot analysis of the market has also been presented in the report which highlights the strengths, weaknesses, opportunities and threats pertaining to the Fresh fish and seafood industry. Furthermore, the value chain analysis of the Fresh fish and seafood industry has also been covered in the report. This comprises of all the activities in the value chain, such as the procurement of various raw materials, manufacturing and sales of the products, and their distribution.

Highlights of The Fresh Fish and Seafood Market

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the fresh fish and seafood industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.