IMARC Group, a leading market research company, has recently releases report titled “Organic Seafood Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global organic seafood market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the Organic Seafood Market?
The global organic seafood market size reached US$ 1.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.2 Million by 2028, exhibiting a growth rate (CAGR) of 5.1% during 2023-2028.
What is Organic Seafood?
Organic seafood are edible aquatic products cultivated in adherence to various organic aquaculture methods. Its production practice prohibits the use of synthetic chemicals, pesticides, antibiotics and genetically modified organisms (GMOs) to mitigate potential threats caused by preservatives. Some of the common organic aquaculture-based products include fish, shrimp, prawn, crabs, and scallops. Organic seafood is healthier and contain a higher nutritional value than conventional options. They are also gaining immense popularity across the globe as they help maintain the overall nutritional profile while balancing the ecosystem.
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What are the Growth Prospects and Trends in the Organic Seafood Industry?
The increasing demand for organic seafood products can be attributed to the rising prevalence of several foodborne diseases, including calicivirus, and salmonella, caused by the presence of pathogens in conventionally cultivated seafood items. Moreover, favorable initiatives undertaken by governments to encourage sustainable aquafarming practices owing to the escalating environmental concerns is propelling the market expansion. Apart from this, the growing awareness regarding the benefits associated with the consumption of organic seafood products and the extensive product utilization for manufacturing various consumer goods are supporting the market growth.
Who are the Key Players Operating in the Organic Seafood Market?
The report has also analysed the competitive landscape of the market with some of the key players.
- Anova Seafood B.V.
- Artisanfish LLC
- Dom International Limited
- Glenarm Organic Salmon Ltd.
- Mowi ASA
- Mseafood Corporation
- Nueva Pescanova S.L. (ABANCA Corporación Bancaria, S.A.)
- Omarsa S.A.
- Pacific American Fish Company Inc.
- Royal Greenland A/S
- Thai Union Group PCL
- Trident Seafoods Corporation
- Tropical Aquaculture Products Inc. (Geneseas Holding S.A.)
What is Included in Market Segmentation?
The report has categorized the market based on product type, product form and distribution channel.
Breakup by Product Type:
- Fishes
- Salmon
- Pollock
- Tuna
- Others
- Crustaceans
- Crabs
- Shrimps
- Prawns
- Others
- Molluscs
- Scallops
- Oysters
- Others
- Others
Breakup by Product Form:
- Fresh
- Frozen
- Canned
- Chilled
- Others
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Online Stores
- Others
Regional Analysis:
- North America (United States, Canada)
- Asia-Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
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Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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