Seafood Market Size, Industry Share & Global Forecast 2027
Seafood Market The Seafood Market was calculated around USD 159 billion in 2019 and is expected to grow at a CAGR of 2.5% over the forecast period (2020-2027). The factors driving the growth of Seafood Market includes rising consciousness amongst consumers about adopting healthy diets, growing use of seafood items in Japanese and Hawaiian cuisine, increasing demand of marine products such as salmon, tuna, and lobsters. According to the report published by Statista, the Global Canned Tuna Market was estimated around USD 10.5 billion in 2017 and is expected to reach USD 14.13 billion by the end of 2025, which will accelerate the Seafood Market Size in the approaching years. Moreover, the availability of wide range of seafood products at online platforms, rising awareness about the harmful chemicals used in meat products, increase in the launch of innovative seafood items and growing emphasis by manufacturers on product safety, are some of the important factors supplementing the m...