Market Size of europe seafood Industry
| Icons | Lable | Value |
|---|---|---|
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Study Period | 2016 - 2028 |
|
Base Year For Estimation | 2021 |
|
CAGR | 0.38 % |
|
Largest Share by Type | Fish |
|
Largest Share by Country | France |
|
|
Market Concentration | High |
Major Players |
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*Disclaimer: Major Players sorted in no particular order |
Europe Seafood Market Analysis
The Europe Seafood Market is projected to register a CAGR of 0.38%
- Fish is the Largest Type : The household expenditure on European fish products grew by 17% in 2020. The demand for preserved and processed fish products is also projected to increase in the future.
- France is the Largest Country : Seafood companies and suppliers in the region are constantly improving their product offerings in the seafood segment to cater to the high-income consumers in urban areas.
- Shrimp is the Fastest-growing Type : The consumption and supply of Pacific white shrimp are expanding across Europe, setting regional trends with distributors selling products derived from the variety.
- Russia is the Fastest-growing Country : The rise in demand for other seafood products like pollock in raw and processed forms drives the sales of seafood. Seafood processors may find it challenging due to the war.
