Fresh Fish - Global Strategic Business Report

The global market for Fresh Fish was estimated at US$238.0 Billion in 2024 and is projected to reach US$275.6 Billion by 2030, growing at a CAGR of 2.5% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Fresh Fish market.

Global Fresh Fish Market - Key Trends & Drivers Summarized

Why Is the Demand for Fresh Fish Increasing Across the Globe?

The demand for fresh fish has been steadily rising due to growing consumer awareness of seafood's health benefits, expanding global aquaculture production, and increasing dietary shifts toward protein-rich and sustainable food sources. Fish is widely recognized as a lean protein source, rich in omega-3 fatty acids, essential vitamins, and minerals, making it a preferred dietary choice for heart health, brain function, and overall wellness. Additionally, the popularity of Mediterranean, Asian, and Nordic diets, which emphasize seafood consumption, has further boosted the demand for high-quality fresh fish products.

The expansion of sustainable fishing practices and aquaculture farming has played a key role in meeting the increasing demand for fresh fish while addressing concerns about overfishing and marine biodiversity conservation. Governments and regulatory bodies are implementing sustainability certifications, traceability standards, and responsible fishing guidelines to ensure the ethical sourcing of fresh fish. Meanwhile, advancements in cold chain logistics and modern seafood processing techniques are improving fish quality, minimizing waste, and ensuring that consumers receive fresh, nutrient-rich seafood regardless of location.

How Is Technology Enhancing Fresh Fish Production and Distribution?

Technological advancements in aquaculture, fisheries management, and seafood preservation are revolutionizing the fresh fish industry. AI-driven water quality monitoring systems, automated fish feeding solutions, and precision aquaculture techniques are improving fish farming efficiency while minimizing environmental impact. Recirculating aquaculture systems (RAS) are being increasingly adopted to enable land-based fish farming, reducing reliance on wild-caught fish and preventing marine ecosystem disruption.

On the distribution side, cold chain logistics, vacuum-sealed packaging, and flash-freezing technology are enhancing the shelf life and safety of fresh fish. Blockchain-based seafood traceability solutions ensure that consumers and retailers can verify the origin, sustainability certifications, and ethical sourcing of fresh fish products. Additionally, IoT-enabled temperature sensors embedded in fish shipments help monitor real-time storage conditions, preventing spoilage and ensuring compliance with international food safety standards.

What Are the Challenges and Opportunities in the Fresh Fish Industry?

The fresh fish industry faces several challenges, including climate change, water pollution, overfishing, and supply chain inefficiencies. The impact of rising ocean temperatures and habitat destruction has led to fluctuations in fish populations, making certain species more vulnerable to depletion. Additionally, illegal, unreported, and unregulated (IUU) fishing remains a major issue, posing risks to marine biodiversity, food safety, and fair-trade seafood practices. Supply chain inefficiencies, particularly in developing regions, also contribute to high post-harvest losses and limited market access for small-scale fish producers.

Despite these challenges, several growth opportunities exist within the fresh fish industry. The increasing demand for sustainably sourced and responsibly farmed seafood is driving innovation in eco-friendly aquaculture techniques, alternative fish feeds, and ocean-friendly certification programs. The rise of direct-to-consumer seafood delivery services, premium seafood restaurants, and farm-to-table seafood initiatives is making fresh fish more accessible and appealing to a diverse consumer base. Additionally, advancements in genetic selection and hybrid fish breeding are improving the yield and quality of farmed fish, helping meet rising global demand.

What Is Driving Growth in the Fresh Fish Market?

The growth in the fresh fish market is driven by several factors, including the expansion of sustainable aquaculture, advancements in seafood traceability, and increasing consumer preference for protein-rich diets. The integration of IoT-enabled cold storage solutions, AI-driven fish farming, and blockchain-based seafood authentication is enhancing supply chain efficiency, reducing food waste, and ensuring food safety compliance. Additionally, the rise of alternative seafood proteins, including plant-based and cell-cultured fish, is expanding market opportunities while addressing sustainability concerns.

With e-commerce seafood sales, premium seafood offerings, and demand for ethically sourced fish continuing to grow, the fresh fish market is poised for further expansion, driven by technological innovations, sustainability initiatives, and evolving consumer preferences for high-quality seafood products.

Scope of Study:

The report analyzes the Fresh Fish market in terms of units by the following Segments, and Geographic Regions/Countries:

• Segments: Product (Pelagic Fish, Demersal Fish); Form (Fresh Form, Frozen Form);Distribution Channel (Offline Distribution Channel, Online Distribution Channel)
• Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Pelagic Fish segment, which is expected to reach US$193.0 Billion by 2030 with a CAGR of a 2.9%. The Demersal Fish segment is also set to grow at 1.5% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $64.8 Billion in 2024, and China, forecasted to grow at an impressive 4.7% CAGR to reach $52.7 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Fresh Fish Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Fresh Fish Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Fresh Fish Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as Austral Fisheries, Camanchaca, Cermaq Group AS, Clearwater Seafoods, Cooke Aquaculture and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 44 companies featured in this Fresh Fish market report include:

• Austral Fisheries
• Camanchaca
• Cermaq Group AS
• Clearwater Seafoods
• Cooke Aquaculture
• Dongwon Industries
• Foyle Food Group
• Grieg Seafood ASA
• High Liner Foods
• Lerøy Seafood Group
• Maruha Nichiro Corporation
• Mowi ASA
• Nippon Suisan Kaisha (Nissui)
• Norway Royal Salmon ASA
• Pacific Seafood Group
• SalMar ASA
• Sanford Limited
• Thai Union Group
• Trident Seafoods
• Young`s Seafood

This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:

• Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
• Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
• Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
• Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
• Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
• Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
• Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.