A Market Research Future report states that, the seafood market around the world is forecasted to grow at a rate of 3% from 2016-2022 due to interest from major key players who are keen on investing in growing markets for seafood like the APAC region.
As one of the most popular forms of white meat around the world, Seafood market has a rather large and diverse customer base. Seafood typically consists of fishes, molluscs, crustaceans and other aquatic animals like jellyfishes, echinoderms, aquatic reptiles & mammals along with aquatic plants and microphytes. With modernization in fishing practices in the past few decades the fish yield has considerably gone up, but so has the number of consumers. Seafood has tremendous applications and benefits associated with it, as a result of which it is used in various products.
Seafood has increasingly become popular in the recent years due to an inclination of consumers towards healthy lifestyle options as its meat is considered lean with good level of fatty acids that prevent major diseases, the increase of sustainable seafood farming has also lead to the development of high yields of different varieties of fish, development of various fishing technologies that can help to manage fisheries, better supply chains, increase in online channels to manage and distribute the seafood production are all key elements to driving the demand trends in the global seafood market.
The restraining factors to the growth of the seafood market is that due to the ability of fishes to have high concentrations of mercury naturally, these can cause health problems when consumed by humans and hence this can be identified as one of the deterrents to the growth of the industry. Many consumers may also possess certain allergies of seafood for example, shellfish allergy is one of the most commonly observed in this regard.
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Global Seafood Market – Segments
The Seafood market has been segmented on the following categories:
On The Basis Of Main Type Fish, Roe, Shellfish, Molluscs, Echinoderms, Medusozoa and Mixed Grain.
On The Basis Of Process, Fresh Seafood, Dried Seafood, Salted Seafood, Smoked Seafood, Pasteurized Seafood, Pasteurized Seafood And Others.
On The Basis Of Application Table Consumption, Personal Care Products, Nutraceuticals, Fast Food Chains and Others.
Latest Industry News:
6th November 2017 The Scottish salmon farming industry has recently invested in upgrading the supply chain which has led to an increase in the volume of exports from the UK market.
3rd November 2017 Norwegian salmon exports during October have recently increased as compared to October last year due to increase in demand from various markets globally.
12th October 2017 BIM has allocated a certain amount of funds this year to support innovation and the development of new technologies of benefit to the seafood sector and help to grow the industry in line with government targets.
The key players profiled in the Seafood market are as Austevoll Seafood ASA (Norway), Cooke Aquaculture, Inc. (Canada), Dongwon Group (South Korea), Trident Seafoods Corporation (US), Lyons Seafoods Limited (UK), Thai Union Group PCL (Thailand), Zhanjiang Guolian Aquatic Products Co., Ltd. (China), Princes Ltd. (UK), Tri Marine International Inc. (US) and Amalgam Enterprises (India)
Complete TOC and List of Tables @ https://www.marketresearchfuture.com/reports/seafood-market-1971
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