Precision Business Insights has published a report on the global seafood market, estimating its value at USD 317440.3 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 9.4% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.

View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/seafood-market

Market Definition:

The term "seafood" describes consumable marine life that is collected from seas, oceans, and occasionally freshwater sources, mostly fish and shellfish. Human consumption of a vast range of aquatic species falls under this broad culinary category.

Drivers:

1)      Rising demand for protein rich foods.

2)      Population growth and urbanization.

The global seafood market segmentation:

1) By Type: Fish, Crustaceans, Molluscs, Lobsters, Crabs, Oysters, Squid, and Others.
2) By Form: Fresh Seafood, Frozen Seafood, Canned Seafood, Dried Seafood, and Others.
3) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores & Specialty Stores, Online Sales Channel, and Others.
4) By End User: Household Consumption, Foodservice Industry, and Industrial.

Regional Overview:
The report also examines the current concerns and their Future Effects on the seafood market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the seafood market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.

·         North America (U.S., Canada)

·         Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)

·         Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)

·         Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)

·         Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

The competitive landscape is dominated by major players like Nippon Suisan Kaisha Ltd. (Japan), Maruha Nichiro (Japan), Mowi ASA (Norway), Charoen Pokphand Foods Group (Thailand), Dongwon Group (South Korea), Marubeni Corporation (Japan), Mitsubishi Corporation (Japan), OUG Holdings (Japan), Thai Union Group Public Company Limited (Thailand), Trident Seafoods Corporation (U.S.)

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