Ameliorate Digital Consultancy Private Limited
Seafood Market Share, Demand Growth and Business Outlook 2023-2029 [Market Insights Report Press Release] A study was conducted to get an overview of the seafood market for the period 2017-2023.
Seafood includes a variety of aquaculture-based foods grown without the use of synthetic chemicals, feed activity, antibiotics,
genetically modified organisms (GMOs), etc. These products reduce the potential threat of harmful chemicals to aquatic life while providing a high quality source of protein. life.
Seafood is gaining momentum around the world based on increasing adoption of responsible and sustainable aquaculture practices. Purpose of the survey:
The purpose of this study is to analyze the global seafood market through a series of questionnaires and find answers to business questions such as:
At what price do people typically buy products for retail?
What are consumer preferences in the seafood industry segment? What is the growing demand from the food industry?
Research overview:
Survey period: November 25, 2022 to January 5, 2023
Research agency:
Research Contractor: Market Insights Reports
survey
Target: 500 key thought leaders and end users of businesses and customers. We ran a survey asking a variety of questions about the end-use technology and price.
Number of valid responses: (500)
Survey method: 100 telephone surveys, 400 internet surveys
Survey target: Sales companies, fisheries end users.
Some of the questions we asked respondents:
What is your favorite type of seafood?
Answer: A survey revealed that the types of seafood were fish (60%), crustaceans (20%), mollusks (5%) and other (15%). The fish market holds the largest revenue share due to its many health benefits. Fish and other fish-based products are high in protein, low in calories, and high in fatty acids such as omega-3s and important vitamins compared to poultry, making them a desirable meat choice.
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What is the most preferred form of seafood?
Answer: Our research found that fresh food (70%) and processed food (30%) make up the segmentation of the market. The fresh segment holds the largest market share due to its flavor and overall quality attributes as well as numerous health-giving properties.
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What are the main channels for purchasing seafood?
Answer: This was a key question for us as we wanted to understand how people purchased and used seafood. B2B, or direct sales (20%), is mainly used for commercial demand, while B2C indirect sales (80%), such as hypermarkets/supermarkets, convenience stores, specialty stores, and online retailers, are more commonly used .
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Some of the findings:
Our research found that fish types of seafood are in greater demand than other types.
Growing health awareness has driven consumers to focus on product safety and the origin of raw materials, making organic seafood in high demand.
In addition, the increasing consumer shift from high-calorie foods to high-protein diets is also increasing the demand for seafood. Other key conclusions and points from the report:
Our research shows that consumer usage and increased health awareness have led to a significant increase in seafood production. Digital media and other sources of information have increased consumer awareness of products and services and their benefits. Consumer demand for seafood is increasing.
Please see here for the detail:
https://bit.ly/3ZpB9rp
Details about this release:
https://prtimes.jp/main/html/rd/p/000000262.000084684.html