The United Arab Emirates fisheries and aquaculture market is projected to register a CAGR of 4.7% during the forecast period (2020-2025). The UAE government is focusing on increasing aquaculture projects as it is a viable source for improving the region’s food security which is the major concern in the country. With rapid growth and development...
Prior to the onset of COVID-19, the foodservice channel was a slightly larger source of demand for fish and seafood than retail. However, the pandemic led to a sharp decline in international visitor numbers during 2020. While the government tried to compensate for this by incentivising domestic tourism, foodservice volume sales of fish and...
Due to the closure of foodservice outlets and institutions, total volume for fish and seafood declined in 2020, despite retail volume growth rising to 4%. As such, despite the increase in retail sales, these were not enough to counteract the losses seen from the foodservice and institutional sectors, with some consumers avoiding foodservice...
A sharp fall in both foodservice and institutional volume contributed to negative total volume growth of fish and seafood in 2020. This was despite a rise in retail volume sales. While a proportion of sales shifted from horeca to retail outlets in 2020, many consumers continued to rely on more cost-effective sources of protein such as eggs...
The batter and breader premixes market in SAM was valued at US$ 168.5 million in 2019 and is projected to reach US$ 248.7 million by 2027; it is expected to grow at a CAGR of 5.3% from 2020 to 2027. Increase in investments in research and development for new batter and breader technologies drives the growth of the SAM batter and breader...
In 2019, fish and seafood declined in total volume terms reflecting an ongoing trend which had been impacting the category for almost two decades. While Japan remains one of the world’s largest consumers of fish and seafood, a change in the country’s demographic make-up had an adverse effect on sales. Although consumers still enjoyed the taste...
Following the outbreak of COVID-19 in 2020, Australian authorities implemented national lockdown measures in order to curb the spread of COVID-19 in the country. This included the closure of foodservice outlets, in order to reduce opportunities for the virus to spread between consumers. As foodservice outlets were only permitted to offer takeaway...
Prior to COVID-19, consumers not interested in cooking at home could generally avoid doing so by relying more heavily on foodservice for meals. In 2020, that has not been as easy to do. With foodservice closures around the country, many consumers have been forced to cook meals at home. Of course they could rely more heavily on prepared foods...
The fish and seafood category suffered a sharp decline in total volume sales in 2020, primarily due to the negative impact felt from the closure of horeca outlets around the country. Fish and seafood in Spain relies heavily on the success of horeca in the country and is also closely tied to the tourist industry in a country where the national...
Fish and seafood saw increased sales in 2020. This happened for several reasons. On the one hand, the foodservice sector, which was closed for several weeks, led to Germans buying more in stores. On the other hand, there was also an increase in the number of employees working in the home office. In addition, closed schools meant that many...