Seafood Market Innovation Surges as Top Players Redefine Industry Standards
Market Overview: Seafood Market The global seafood market represents a diverse and dynamic industry driven by consumer preferences, dietary trends, sustainability concerns, and international trade dynamics. Seafood consumption continues to rise worldwide, fueled by growing awareness of its nutritional benefits, culinary versatility, and expanding availability of diverse seafood products. The global seafood market is forecast to expand at a CAGR of 3.4% and thereby increase from a value of US$137.5 Bn in 2023, to US$173.8 Bn by the end of 2030. The global seafood market represents a diverse and dynamic industry driven by consumer preferences, dietary trends, sustainability concerns, and international trade dynamics. Seafood consumption continues to rise worldwide, fueled by growing awareness of its nutritional benefits, culinary versatility, and expanding availability of diverse seafood products. Market Drivers: 1. Health and Nutritional Awareness: Increasing consumer awarene