Europe Seafood Market

The Europe Seafood Market size was valued at US$ 34,401.89 Mn in 2019 and is projected to reach US$ 27,109.41 Mn by 2027, growing at a CAGR of 3.1% during 2020 - 2027.

Report Coverage
  • Product Type: Fish, Crustaceans, Mollusca
  • Product Type: Fresh, Frozen, Canned
  • Distribution Channel: Supermarkets and Hypermarkets, Convenience Store, Specialty Store, Online
US$ 34,401.89 Mn Market size in 2019
US$ 27,109.41 Mn Market Size by 2027
3.1% CAGR, 2020 - 2027
2020-2027 Forecast Period

 

EUROPE SEAFOOD MARKET RD

Europe Seafood Market to 2027 – Analysis and Forecast by Product Type (Fish, Crustaceans, Mollusca, and Others), Product Type (Fresh, Frozen, Canned, and Others), Distribution Channel (Supermarkets and Hypermarkets, Convenience Store, Specialty Store, Online, and Others), and Country

Pages: 131

Market Introduction

As per the Food and Drug Administration (FDA), seafood encompasses all commercially obtained saltwater and freshwater fish, molluscan shellfish, and crustaceans. The demand for seafood is anticipated to witness a dramatic growth across the globe owing to its health benefits. Rising per capita consumption accompanied by the affluent nations demand for imported seafood products is considered to strengthen the market further. The demand for seafood products across specialty restaurants is growing at a robust pace in recent times. A large population of consumers prefers to eat seafood over other cuisines, and this is major factor that propels the market expansion. Moreover, coastal regions are implementing concerted efforts to develop advanced supply chains for the export and supply of seafood. Also, the growth of the seafood market highly depends on the ease of procuring seafood from coastal regions. Furthermore, the improvement in economic condition and progression in disposable income levels also helped the market growth. The developing economies in the region are witnessing strong urbanization trend and it resulted in the increase in disposable income among the middle-income groups, subsequently adding to the middle-class population. The medium as well as high-income consumers in urban areas are changing their consumption trend from essential to premium food products. This trend favors seafood companies and suppliers to improve their product and service line in the seafood segment.

Market Overview and Dynamics

The Europe Healthcare Workwear market is expected to reach US$ 27,109.41 Million in 2027 from US$ 34,401.89 Million in 2019. The market is anticipated to grow with a CAGR of 3.1% from 2020-2027. Health benefits associated with seafood attracts health conscious consumers and this drive the growth of the market.

Key Market Segments

By type, the fish segment accounted for the largest market share in the Europe seafood market in 2019. By product type, the fresh segment held the largest market share of the seafood market by 2027. In terms of distribution channel, the supermarkets and hypermarkets segment held the largest market share of the seafood market by 2027.

Major Sources and Companies Listed

Some of the major primary and secondary sources for seafood market included in the report are Kangamiut Seafood A/C, Royal Greenland A/S, Mowi ASA, The Union Group PCL, Grupo Nueva Pescanova, and Trident Seafoods Corporation.

Reasons to buy the report

  • To understand the seafood market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for seafood market
  • Efficiently plan M&A and partnership deals in seafood market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form seafood market
  • Obtain market revenue forecast for market by various segments from 2018-2027 in seafood.

EUROPE HEALTHCARE WORKWEAR MARKET SEGMENTATION

  • Europe Seafood Market – By Type
  • Fish
  • Crustaceans
  • Mollusca
  • Others
  • Europe Seafood Market – By Product Type
  • Fresh
  • Frozen
  • Canned  
  • Others
  • Europe Seafood Market – By Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Store
  • Specialty Store
  • Online
  • Others
  • Europe Healthcare Workwear Market – By Country
  • Germany
  • France
  • Italy
  • U.K
  • Russia
  • Rest of Europe

Company Profiles

  • Kangamiut Seafood A/C
  • Royal Greenland A/S
  • Mowi ASA
  • The Union Group PCL
  • Grupo Nueva Pescanova
  • Trident Seafoods Corporation

 

 

 

 

 

Europe Seafood Market Strategic Insights

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Europe Seafood Market Report Highlights

Report Attribute Details
Market size in 2019 US$ 34,401.89 Million
Market Size by 2027 US$ 27,109.41 Million
CAGR (2020 - 2027) 3.1%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Product Type
  • Fish
  • Crustaceans
  • Mollusca
By Product Type
  • Fresh
  • Frozen
  • Canned
By Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Store
  • Specialty Store
  • Online
Regions and Countries Covered
Europe UK, Germany, France, Russia, Italy, Rest of Europe
Market leaders and key company profiles
  • Europe Seafood Market–List of 6 Companies
  • Kangamiut Seafood A/C
  • Royal Greenland A/S
  • Mowi ASA
  • The Union Group PCL
  • Grupo Nueva Pescanova
  • Trident Seafoods Corporation
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Europe Seafood Market Country and Regional Insights

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Research Methodology

The market analysis combines proprietary research with secondary data from government agencies, company disclosures, regulatory filings, industry databases and expert interviews. Market estimates are validated through data triangulation, cross-market benchmarking and analyst review.

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12 Questions Answered

Frequently Asked Questions

How big is the Europe Seafood Market?

The Europe Seafood Market is valued at US$ 34,401.89 Million in 2019, it is projected to reach US$ 27,109.41 Million by 2027.

What is the CAGR for Europe Seafood Market by (2020 - 2027)?

As per our report Europe Seafood Market, the market size is valued at US$ 34,401.89 Million in 2019, projecting it to reach US$ 27,109.41 Million by 2027. This translates to a CAGR of approximately 3.1% during the forecast period.

What segments are covered in this report?

The Europe Seafood Market report typically cover these key segments-

  • Product Type (Fish, Crustaceans, Mollusca)
  • Product Type (Fresh, Frozen, Canned)
  • Distribution Channel (Supermarkets and Hypermarkets, Convenience Store, Specialty Store, Online)

What is the historic period, base year, and forecast period taken for Europe Seafood Market?

The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Seafood Market report:

  • Historic Period : 2017-2018
  • Base Year : 2019
  • Forecast Period : 2020-2027
Who are the major players in Europe Seafood Market?

The Europe Seafood Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Europe Seafood Market–List of 6 Companies
  • Kangamiut Seafood A/C
  • Royal Greenland A/S
  • Mowi ASA
  • The Union Group PCL
  • Grupo Nueva Pescanova
  • Trident Seafoods Corporation
Who should buy this report?

The Europe Seafood Market report is valuable for diverse stakeholders, including:

  • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
  • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
  • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
  • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
  • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

Essentially, anyone involved in or considering involvement in the Europe Seafood Market value chain can benefit from the information contained in a comprehensive market report.

Access the Full Europe Seafood Market Report

Get segment-level forecasts, regional estimates, competitive benchmarking, company profiles and downloadable Excel datasets.

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131 pages PDF & Excel | 2021-02-08