China’s demand for Fresh Meat and Seafood has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer...
The global seafood market was valued at US$ 158,910.17 million in 2019 and is projected to reach US$ 198,854.86 million by 2027; it is expected to grow at a CAGR of 2.9% during 2020–2027. According to the Food and Agriculture Organization, by 2030, an excess value of 40 million additional tons of seafood, which is an increment of almost...
This study focuses on China’s Fresh Meat and Seafood industry forecasts. In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities and rising consumer consumptions in China have transformed China’s society and economy. China is one of the world’s...
Prior to the pandemic, one of the most pertinent factors in exerting a negative impact on potential volume growth of fresh food was the contraction of the Japanese population due to a declining birth rate. To combat this, fresh food producers were focusing on leveraging on key trends shaping consumer demand, particularly the growing influence...
The COVID-19 pandemic had a strong impact on many categories within fresh food in Morocco in 2020 as transport restrictions, unemployment rates, and fluctuations in supply and demand affected product prices and consumer consumption. Additionally, due to restaurant, hotel and other foodservice venue closures, the category experienced greatly...
Frozen Fish and Seafood (Fish and Seafood) Market in Japan - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with COVID-19 Impact) Summary Frozen Fish and Seafood (Fish and Seafood) Market in Japan - Outlook to 2024; Market Size, Growth and Forecast Analytics (updated with...
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...
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...
At the outbreak of COVID-19, there was an initial decrease in supply of fish and seafood. This was further impacted by the particularly poor supply in Q1 (the low season). However, any supply issues in lockdown were quickly resolved, and supply operations returned to normal within a matter of days. Throughout 2020, the Sea-Fishing industry...
Of the sea: Industry profit is anticipated to hold steady over the five years to 2025 Abstract Fish & Seafood Markets in the US The Fish and Seafood Markets industry has experienced moderate growth over the five years to 2019, primarily as a result of increasing per capita seafood consumption and rising...