Awareness Regarding High Nutritional Value of Fish and Seafood to Accelerate their Demand in Forthcoming Years

Published On : 07 Nov 2016 has recently announced adding a new report on the global fish and seafood market to its repository. The report is titled “Global Fish and Seafood Market Research Report 2016” and is available for sale on the company website. The report forecasts the global market for fish and seafood to expand at a steady pace over the next few years. The moderate growth observed by the market will be propelled by gradual shift of consumers towards fresh seafood, as it makes an excellent source proteins. 

The opportunities for the market’s growth will be driven by factors such as large scale availability of various fish species, the growing health consciousness, increasing population, and rising disposable income. The market is also gaining from the growing preference for food items that are rich in nutrients, coupled with the rising concerns pertaining to the health quotient of processed seafood and fish. These factors together will bolster opportunities for the growth of the global fish and seafood market over the forthcoming years. 

High nutritional value and health benefits offered by fish and sea food are expected to fuel their demand across the world. Regionally, Asia Pacific is expected to emerge as the dominant market. Besides the abundant availability of fish and seafood, paradigm shift towards products helping prevent conditions such as joint weakening will accelerate demand for fish and seafood in the region. Also the huge population provides the enterprises with a large consumer base to capitalize on. 

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In terms of distribution channel, the supermarkets segment is expected to prove the most lucrative. The growth witnessed by the segment is envisaged to continue through the forthcoming years because of the convenience of shopping provided by supermarkets. The report discusses in detail the various factors influencing the market’s growth during 2016 and beyond. 

To provide a comprehensive overview, an in-depth analysis of the competitive landscape is included as well. The global fish and seafood market is quite dynamic vulnerable to the changing consumer preferences and demand. The growth opportunities for the enterprises operating in the market is thus determined by the spending patterns of consumers,  which again is affected by local tastes, demographic trends, and the global and regional economic conditions. 

In order to gauge the competitive trends prevailing in the market the report has profiled a few of the leading players operating therein. Companies such as Marine Harvest, Lee Fishing Company, True World Foods, HIRO, Seattle Fish Company, Grupo Freiremar, Morrisons, Tesco, Leigh Fisheries, Fujian Yingfeng Foods Group, Fresh Catch, Ocean Fresh Seafoods, and others have been profiled in the report. The strategies adopted by these companies are studied in detail. The report also provides a granular analysis of the recent collaborations and mergers and acquisitions that are expected to influence the growth trajectory of the global fish and seafood market.



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