FEATURED COMPANIES
- American Seafoods Company
- Dongwon F&B
- Kangamiut Seafood A/S
- Lyons Seafoods Limited
- Phillips Foods, Inc.
- Stolt Sea Farm
Global Seafood Market to Reach $138.7 Billion by 2027
Amid the COVID-19 crisis, the global market for Seafood estimated at US$113.2 Billion in the year 2020, is projected to reach a revised size of US$138.7 Billion by 2027, growing at a CAGR of 2.9% over the analysis period 2020-2027. Ground Fish, one of the segments analyzed in the report, is projected to record a 2.6% CAGR and reach US$37.3 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Pelagics segment is readjusted to a revised 3.6% CAGR for the next 7-year period.
The U.S. Market is Estimated at $6.3 Billion, While China is Forecast to Grow at 3.7% CAGR
The Seafood market in the U.S. is estimated at US$6.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$53.5 Billion by the year 2027 trailing a CAGR of 3.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 2.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 1.6% CAGR.
Tuna Segment to Record 2.8% CAGR
In the global Tuna segment, USA, Canada, Japan, China and Europe will drive the 2.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$7.9 Billion in the year 2020 will reach a projected size of US$9.5 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$41.2 Billion by the year 2027, while Latin America will expand at a 2.4% CAGR through the analysis period.
Select Competitors (Total 237 Featured) -
- Amalgam Frozen Foods Pvt. Ltd. (AFFL)
- American Seafoods Company
- Austevoll Seafood ASA
- Cooke, Inc.
- Dongwon F&B
- Faroe Seafood
- Handy Seafood, Inc.
- Hansung Enterprise Co. Ltd
- High Liner Foods Incorporated
- Kangamiut Seafood A/S
- Lee Fishing Company
- Leroy Seafood Group
- Lyons Seafoods Limited
- Mowi ASA
- Pacific Seafood
- Phillips Foods, Inc.
- Princes, Ltd.
- Sajo Group
- Shanghai Fisheries Group Co., Ltd.
- Stolt Sea Farm
- Surapon Foods Public Company Limited
- Tassal Group Limited
- Thai Union Group PCL
- Tri Marine International, Inc.
- Trident Seafoods Corporation
- Young`s Seafood Limited
- Zhanjiang Guolian Aquatic Products Co., Ltd.
Frequently Asked Questions about the Global Market for Seafood
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FEATURED COMPANIES
- American Seafoods Company
- Dongwon F&B
- Kangamiut Seafood A/S
- Lyons Seafoods Limited
- Phillips Foods, Inc.
- Stolt Sea Farm
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
SPAIN
RUSSIA
REST OF EUROPE
ASIA-PACIFIC
AUSTRALIA
INDIA
SOUTH KOREA
REST OF ASIA-PACIFIC
LATIN AMERICA
ARGENTINA
BRAZIL
MEXICO
REST OF LATIN AMERICA
MIDDLE EAST
IRAN
ISRAEL
SAUDI ARABIA
UNITED ARAB EMIRATES
REST OF MIDDLE EAST
AFRICA
IV. COMPETITION
Note: Product cover images may vary from those shown
A selection of companies mentioned in this report includes:
- Amalgam Frozen Foods Pvt. Ltd. (AFFL)
- American Seafoods Company
- Austevoll Seafood ASA
- Cooke, Inc.
- Dongwon F&B
- Faroe Seafood
- Handy Seafood, Inc.
- Hansung Enterprise Co. Ltd
- High Liner Foods Incorporated
- Kangamiut Seafood A/S
- Lee Fishing Company
- Leroy Seafood Group
- Lyons Seafoods Limited
- Mowi ASA
- Pacific Seafood
- Phillips Foods, Inc.
- Princes, Ltd.
- Sajo Group
- Shanghai Fisheries Group Co., Ltd.
- Stolt Sea Farm
- Surapon Foods Public Company Limited
- Tassal Group Limited
- Thai Union Group PCL
- Tri Marine International, Inc.
- Trident Seafoods Corporation
- Young`s Seafood Limited
- Zhanjiang Guolian Aquatic Products Co., Ltd.
Note: Product cover images may vary from those shown