Global Fish and Seafood Market Size, Share, Trends and Forecast 2016

Global Fish and Seafood Industry 2016-2020 Market Share and Size, Trends and Growth, Analysis and Forecast
An overview of the fish and seafood market

In the last five years, the demand for fish and seafood has been witnessing a steady growth. Technavios market research analyst expects the global fish and seafood market to multiply, growing at a CAGR of more than 4% during the forecast period. One of the major factors leading to the rise of the fish and seafood market is the increasing demand for processed seafood. Time-strapped consumers prefer processed seafood, which is not only healthy but also convenient and saves a lot of time and effort as they are already available in ready-to-cook packaging.

Aquaculture, which is the fastest-growing food production process globally, is an emerging trend that is expected to drive the fish and seafood market in the next five years. In terms of volume production, aquaculture method has overshadowed most other food-sourcing methods such as traditional agricultural practices and wild fish harvesting.

Segmentation and analysis by product of the fish and seafood market

Fresh and chilled fish and seafood
Canned fish and seafood
Frozen fish and seafood
Other fish and seafood
The fresh and chilled fish and seafood segment dominated the market in 2015 in terms of revenue. Growing health consciousness among people, increased demand for quality food, and changing demographics are the main factors fueling the growth of this segment.

Geographical segmentation of the fish and seafood market

APAC accounted for more than 40% of the market share in 2015 in terms of revenue and with that they were the largest contributor. The primary factors contributing to the growth of the market in this region is the rise in population plus a large number of people who consume fish.

Browse Detail Report With TOC @

Key questions...