The North America Seafood market is expected to reach US$ 22,526.38 Million in 2027 from US$ 29,629.37 Million in 2019. The market is anticipated to grow with a CAGR of 3.6% from 2020-2027.
The Business Market Insights provides you regional research analysis on “North America Seafood Market” and forecast to 2027. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the North America Seafood Market during the forecast period, i.e., 2020–2027.
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 North America owing to its health benefits. Rising per capita consumption accompanied by the demand from U.S and Canada 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. Mexico is 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.
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The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Seafood Market. The researcher provides an extensive analysis of the North America Seafood Market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.
Major Key players covered in this report:
- American Seafoods Company LLC
- Kangamiut Seafood A/C
- Pacific American Fish Co. Inc.
- Royal Greenland A/S
- Mowi ASA
- The Union Group PCL
- Grupo Nueva Pescanova
- Trident Seafoods Corporation
- SeaPak Shrimp & Seafood Company
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Seafood Market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the North America Seafood Market segments and regions.
Order a Copy of this North America Seafood Market research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00017325
The research on the North America Seafood Market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the North America Seafood Market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the North America Seafood Market.
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