"Global Seafood Market is valued at USD 242.9 billion in 2025. Further, the market is expected to grow at a CAGR of 7.5% to reach USD 464.7 billion by 2034."
The global seafood market is experiencing steady growth driven by increasing consumer demand for protein-rich diets, omega-3 health benefits, and rising seafood consumption across retail and foodservice sectors. The market includes fresh, frozen, canned, and processed seafood products sourced from wild catch and aquaculture. Growth is supported by expanding aquaculture production, advancements in cold-chain logistics, and innovations in packaging and processing technologies enhancing shelf life and quality. Asia-Pacific dominates the market due to its large aquaculture base and high seafood consumption, while North America and Europe remain significant markets with mature supply chains and strong demand for premium seafood products. Companies are focusing on sustainable sourcing, traceability, and digital supply-chain integration to ensure product safety, compliance, and market competitiveness globally.
Key trends include the rising popularity of frozen and ready-to-eat seafood products due to convenience, longer shelf life, and suitability for modern retail and e-commerce distribution channels. Premium seafood categories such as salmon, shellfish, and exotic fish are gaining traction in developed markets driven by increasing disposable incomes and consumer preference for gourmet dining experiences. However, the market faces challenges such as seasonal supply fluctuations, environmental concerns, and regulatory constraints. Companies are investing in sustainable aquaculture technologies, eco-friendly certifications, and intelligent supply-chain management to address these challenges. Overall, the seafood market is poised for consistent growth as health-conscious consumers seek nutritious, high-quality, and responsibly sourced seafood options worldwide.
By type, fish is the largest segment in the seafood market as it is widely consumed globally due to its availability, affordability, diverse species options, and nutritional benefits such as high protein and omega-3 content, making it a staple in diets across developed and developing regions.
By product type, frozen seafood is the largest segment driven by its longer shelf life, convenience in storage and distribution, and suitability for modern retail and foodservice channels. Advancements in freezing technology ensure quality retention, supporting its dominance in global seafood trade and consumption.
Key Insights
- The market is driven by increasing consumer preference for protein-rich diets and omega-3 benefits, supporting strong demand across fresh, frozen, canned, and processed seafood products in global retail and foodservice sectors.
- Asia-Pacific holds the largest market share due to its extensive aquaculture production, high seafood consumption rates, and growing urban middle-class populations in countries such as China, India, Japan, and Southeast Asia.
- Aquaculture expansion is a key growth driver as it meets rising seafood demand sustainably, addressing wild catch limitations and supporting consistent supply for domestic consumption and export markets.
- Frozen and ready-to-eat seafood products are gaining popularity due to their convenience, extended shelf life, and suitability for modern retail formats and e-commerce distribution networks worldwide.
- Fish products hold the largest share among seafood types due to wide consumer acceptance, versatile culinary applications, and stable supply availability across regions globally.
- Advancements in cold-chain logistics and packaging technologies are enhancing seafood quality, reducing spoilage, and enabling efficient distribution from production regions to international markets.
- Sustainability certifications and traceability initiatives are becoming critical in influencing consumer purchase decisions and ensuring regulatory compliance in domestic and export markets.
- Government support programs in key producing regions such as Asia-Pacific are driving market growth through investments in fishing infrastructure, aquaculture development, subsidies, and export capacity enhancement.
- Premium seafood segments such as salmon, shellfish, and exotic fish are witnessing strong demand in developed markets driven by rising disposable incomes and increasing preference for gourmet and healthy food options.
- Challenges such as seasonal supply variability, environmental regulations, and rising operational costs are prompting companies to adopt sustainable sourcing practices, advanced aquaculture technologies, and resilient supply-chain strategies to maintain market growth.
Reort Scope
| Parameter | Detail |
|---|---|
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2026-2034 |
| Market Size-Units | USD billion |
| Market Splits Covered | By Type, By Product Type, By Nature, By Distribution Channel, |
| Countries Covered | North America (USA, Canada, Mexico) Europe (Germany, UK, France, Spain, Italy, Rest of Europe) Asia-Pacific (China, India, Japan, Australia, Rest of APAC) The Middle East and Africa (Middle East, Africa) South and Central America (Brazil, Argentina, Rest of SCA) |
| Analysis Covered | Latest Trends, Driving Factors, Challenges, Supply-Chain Analysis, Competitive Landscape, Company Strategies |
| Customization | 10 % free customization (up to 10 analyst hours) to modify segments, geographies, and companies analyzed |
| Post-Sale Support | 4 analyst hours, available up to 4 weeks |
| Delivery Format | The Latest Updated PDF and Excel Datafile |
Market Segmentation
By Type
- Crustaceans
- Fish
- Other Seafood
By Product Type
- Frozen
- Dried
- Smoked
- Canned
- Other Product Types
By Nature
- Organic
- Conventional
By Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- E-Commerce
- Other Distribution Channels
By Geography
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Spain, Italy, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Vietnam, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Key Market Players
- Marubeni America Corporation
- Sysco Corporation
- Bumble Bee Foods
- The Kraft Heinz Company
- Charoen Pokphand Foods PCL
- Coastal Corp. Ltd.
- Maruha Nichiro Corporation
- Nippon Suisan Kaisha Ltd.
- Nichirei Corporation
- Thai Union Group PCL
- Trident Seafoods Corporation
- Lerøy Seafood Group ASA
- Bolton Group Srl
- High Liner Foods Inc.
- Nichimo Co. Ltd.
- Young’s Seafood Ltd.
- Oceana Group Ltd.
- Grieg Seafood ASA
- Austevoll Seafood ASA
- Inland Seafood Inc.
- Beaver Street Fisheries
- Cooke Aquaculture Inc.
- American Seafoods
- Handy Seafood Inc.
- Admiralty Island Fisheries Inc.
- Anna Maria Fish Co.
- Marine Harvest ASA
- J.J. McDonnell & Co Inc.
- Pacific Seafood
- Phillips Foods Inc.
- Dahu Aquaculture Co. Ltd.
- New Zealand King Salmon Investments Ltd.
- Oman Fisheries Co. SAOG
What You Receive
• Global Seafood market size and growth projections (CAGR), 2024- 2034• Impact of recent changes in geopolitical, economic, and trade policies on the demand and supply chain of Seafood.
• Seafood market size, share, and outlook across 5 regions and 27 countries, 2025- 2034.
• Seafood market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2025- 2034.
• Short and long-term Seafood market trends, drivers, restraints, and opportunities.
• Porter’s Five Forces analysis, Technological developments in the Seafood market, Seafood supply chain analysis.
• Seafood trade analysis, Seafood market price analysis, Seafood Value Chain Analysis.
• Profiles of 5 leading companies in the industry- overview, key strategies, financials, and products.
• Latest Seafood market news and developments.
The Seafood Market international scenario is well established in the report with separate chapters on North America Seafood Market, Europe Seafood Market, Asia-Pacific Seafood Market, Middle East and Africa Seafood Market, and South and Central America Seafood Markets. These sections further fragment the regional Seafood market by type, application, end-user, and country.
Who can benefit from this research
The research would help top management/strategy formulators/business/product development/sales managers and investors in this market in the following ways1. The report provides 2024 Seafood market sales data at the global, regional, and key country levels with a detailed outlook to 2034, allowing companies to calculate their market share and analyze prospects, uncover new markets, and plan market entry strategy.
2. The research includes the Seafood market split into different types and applications. This segmentation helps managers plan their products and budgets based on the future growth rates of each segment
3. The Seafood market study helps stakeholders understand the breadth and stance of the market giving them information on key drivers, restraints, challenges, and growth opportunities of the market and mitigating risks
4. This report would help top management understand competition better with a detailed SWOT analysis and key strategies of their competitors, and plan their position in the business
5. The study assists investors in analyzing Seafood business prospects by region, key countries, and top companies' information to channel their investments.
Available Customizations
The standard syndicate report is designed to serve the common interests of Seafood Market players across the value chain and include selective data and analysis from entire research findings as per the scope and price of the publication.However, to precisely match the specific research requirements of individual clients, we offer several customization options to include the data and analysis of interest in the final deliverable.
Some of the customization requests are as mentioned below :
Segmentation of choice – Our clients can seek customization to modify/add a market division for types/applications/end-uses/processes of their choice.
Seafood Pricing and Margins Across the Supply Chain, Seafood Price Analysis / International Trade Data / Import-Export Analysis
Supply Chain Analysis, Supply–Demand Gap Analysis, PESTLE Analysis, Macro-Economic Analysis, and other Seafood market analytics
Processing and manufacturing requirements, Patent Analysis, Technology Trends, and Product Innovations
Further, the client can seek customization to break down geographies as per their requirements for specific countries/country groups such as South East Asia, Central Asia, Emerging and Developing Asia, Western Europe, Eastern Europe, Benelux, Emerging and Developing Europe, Nordic countries, North Africa, Sub-Saharan Africa, Caribbean, The Middle East and North Africa (MENA), Gulf Cooperation Council (GCC) or any other.
Capital Requirements, Income Projections, Profit Forecasts, and other parameters to prepare a detailed project report to present to Banks/Investment Agencies.
Customization of up to 10% of the content can be done without any additional charges.
Note: Latest developments will be updated in the report and delivered within 2 to 3 working days.
1. Table of Contents
1.1 List of Tables
1.2 List of Figures
2. Seafood Market Latest Trends, Drivers and Challenges, 2024- 2034
2.1 Seafood Market Overview
2.2 Seafood Market Developments
2.2.1 Seafood Market -Supply Chain Disruptions
2.2.2 Seafood Market -Direct/Indirect Impact of Tariff Changes and Trade Restrictions
2.2.3 Seafood Market -Price Development
2.2.4 Seafood Market -Regulatory and Compliance Management
2.2.5 Seafood Market -Consumer Expectations and Trends
2.2.6 Seafood Market -Market Structure and Competition
2.2.7 Seafood Market -Technological Adaptation
2.2.8 Seafood Market -Changing Retail Dynamics
2.3 Seafood Market Insights, 2025- 2034
2.3.1 Prominent Seafood Market product types, 2025- 2034
2.3.2 Leading Seafood Market End-User markets, 2025- 2034
2.3.3 Fast-Growing countries for Seafood Market sales, 2025- 2034
2.4 Seafood Market Drivers and Restraints
2.4.1 Seafood Market Demand Drivers to 2034
2.4.2 Seafood Market Challenges to 2034
2.5 Seafood Market- Five Forces Analysis
2.5.1 Seafood Market Industry Attractiveness Index, 2025
2.5.2 Threat of New Entrants
2.5.3 Bargaining Power of Suppliers
2.5.4 Bargaining Power of Buyers
2.5.5 Intensity of Competitive Rivalry
2.5.6 Threat of Substitutes
3. Global Seafood Market Value, Market Share, and outlook to 2034
3.1 Global Seafood Market Overview, 2025
3.2 Global Seafood Market Revenue and Forecast, 2025- 2034 (US$ Million)
3.3 Global Seafood Market Size and Share Outlook by Type, 2025- 2034
3.4 Global Seafood Market Size and Share Outlook by End-User, 2025- 2034
3.5 Global Seafood Market Size and Share Outlook by Region, 2025- 2034
4. Asia Pacific Seafood Market Value, Market Share and Forecast to 2034
4.1 Asia Pacific Seafood Market Overview, 2025
4.2 Asia Pacific Seafood Market Revenue and Forecast, 2025- 2034 (US$ Million)
4.3 Asia Pacific Seafood Market Size and Share Outlook by Type, 2025- 2034
4.4 Asia Pacific Seafood Market Size and Share Outlook by End-User, 2025- 2034
4.5 Asia Pacific Seafood Market Size and Share Outlook by Country, 2025- 2034
4.6 Key Companies in Asia Pacific Seafood Market
5. Europe Seafood Market Value, Market Share, and Forecast to 2034
5.1 Europe Seafood Market Overview, 2025
5.2 Europe Seafood Market Revenue and Forecast, 2025- 2034 (US$ Million)
5.3 Europe Seafood Market Size and Share Outlook by Type, 2025- 2034
5.4 Europe Seafood Market Size and Share Outlook by End-User, 2025- 2034
5.5 Europe Seafood Market Size and Share Outlook by Country, 2025- 2034
5.6 Key Companies in Europe Seafood Market
6. North America Seafood Market Value, Market Share, and Forecast to 2034
6.1 North America Seafood Market Overview, 2025
6.2 North America Seafood Market Revenue and Forecast, 2025- 2034 (US$ Million)
6.3 North America Seafood Market Size and Share Outlook by Type, 2025- 2034
6.4 North America Seafood Market Size and Share Outlook by End-User, 2025- 2034
6.5 North America Seafood Market Size and Share Outlook by Country, 2025- 2034
6.6 Key Companies in North America Seafood Market
7. South and Central America Seafood Market Value, Market Share, and Forecast to 2034
7.1 South and Central America Seafood Market Overview, 2025
7.2 South and Central America Seafood Market Revenue and Forecast, 2025- 2034 (US$ Million)
7.3 South and Central America Seafood Market Size and Share Outlook by Type, 2025- 2034
7.4 South and Central America Seafood Market Size and Share Outlook by End-User, 2025- 2034
7.5 South and Central America Seafood Market Size and Share Outlook by Country, 2025- 2034
7.6 Key Companies in South and Central America Seafood Market
8. Middle East Africa Seafood Market Value, Market Share and Forecast to 2034
8.1 Middle East Africa Seafood Market Overview, 2025
8.2 Middle East and Africa Seafood Market Revenue and Forecast, 2025- 2034 (US$ Million)
8.3 Middle East Africa Seafood Market Size and Share Outlook by Type, 2025- 2034
8.4 Middle East Africa Seafood Market Size and Share Outlook by End-User, 2025- 2034
8.5 Middle East Africa Seafood Market Size and Share Outlook by Country, 2025- 2034
8.6 Key Companies in Middle East Africa Seafood Market
9. Seafood Market Players Analysis
9.1 Seafood Market Companies - Key Strategies and Financial Analysis
9.1.1 Snapshot
9.1.2 Business Description
9.1.3 Products and Services
9.1.4 Financial Analysis
10. Seafood Market Industry Recent Developments
11 Appendix
11.1 Publisher Expertise
11.2 Research Methodology
11.3 Annual Subscription Plans
11.4 Contact Information
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FAQ's
The Global Seafood Market is estimated to generate USD 242.9 billion in revenue in 2025.
The Global Seafood Market is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.5% during the forecast period from 2025 to 2034.
The Seafood Market is estimated to reach USD 464.7 billion by 2034.
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