Seafood Market Revenue was valued at USD 162.71 Billion in 2024 and is estimated to reach USD 221.12 Billion by 2033, growing at a CAGR of 3.4% from 2026 to 2033.
In 2022, the global seafood market was valued at approximately USD 116.8 billion, with projections indicating growth to USD 134 billion by 2026, reflecting a compound annual growth rate (CAGR) of 2.9% during the forecast period. The Asia Pacific region held a dominant position, accounting for over 44.6% of the market share in 2024. China, in particular, is expected to reach a market size of USD 51.2 billion by 2026, growing at a CAGR of 3.7%. In contrast, the United States seafood market was valued at USD 6.4 billion in 2022. Europes seafood market is also projected to experience growth, with Germany forecasted to grow at approximately 1.6% CAGR during the same period. The seafood industry is poised for numerous opportunities driven by increasing consumer awareness of health benefits associated with seafood consumption and advancements in aquaculture technologies. The Asia Pacific region, with its extensive coastline and rich aquatic resources, is expected to continue its market dominance, supported by rising disposable incomes and shifting dietary preferences toward protein rich diets. In North America, the growing demand for sustainably sourced and traceable seafood products presents avenues for market expansion. Additionally, the European market is likely to benefit from the increasing popularity of ready to eat and convenience seafood products, catering to the fast paced lifestyles of consumers. Overall, the global seafood market is set to experience steady growth, underpinned by evolving consumer preferences and technological innovations in seafood processing and preservation.
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Key Player I
Key Player II
Key Player III
Key Player IV
Key Player V
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Seafood Market
Fish
Shellfish
Caviar
Other Seafood
Fresh
Frozen
Canned
Processed
Supermarkets and Hypermarkets
Online Retail
Specialty Stores
Convenience Stores
Households
Food Service Industry
Retailers
Industrial Use
Whole
Fillets
Chunks
Steaks
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Seafood Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Seafood Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Seafood Market, By Type
6. Global Seafood Market, By Application
7. Global Seafood Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Seafood Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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