The United States Seafood Market is segmented by Type (Fish, Shrimp), by Form (Canned, Fresh / Chilled, Frozen, Processed) and by Distribution Channel (Off-Trade, On-Trade). Market value in USD and market volume in tonnes are presented. Key data points observed include production and price.

The market size of the fishing industry in the United States experienced a slight decrease from 2022 to 2023. In 2023, the sector's market size amounted to 9.3 billion U.S. dollars, down from the previous year's total of 9.59 billion U.S. dollars.

The global seafood market size reached USD 370.23 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 493.29 Billion by 2033, exhibiting a growth rate (CAGR) of 3.08% during 2025-2033. The growing consumption of balanced diets, rising awareness about the benefits of protein consumption, and the increasing utilization in fine diners, restaurants, and fast food chains represent some of the key factors driving the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 370.23 Billion
Market Forecast in 2033	USD 493.29 Billion
Market Growth Rate (2025-2033)	3.08%

IMARC Group provides an analysis of the key trends in each segment of the global seafood market report, along with forecasts at the global, regional, and country levels for 2025-2033. Our report has categorized the market based on type, form and distribution channel.

The Seafood Market is segmented by Type (Fish, Shrimp), by Form (Canned, Fresh / Chilled, Frozen, Processed), by Distribution Channel (Off-Trade, On-Trade) and by Region (Africa, Asia-Pacific, Europe, Middle East, North America, South America). Market value in USD and market volume in tonnes are presented. Key data points observed include production and price.

ver the last two observations, the revenue is forecast to significantly increase in seafood segments. The trend observed from 2018 to 2028 remains consistent throughout the entire forecast period

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Seafood Market Size 2024-2028

The seafood market size is forecast to increase by USD 150.04 billion, at a CAGR of 13.55% between 2023 and 2028.

The market is experiencing significant growth driven by rising consumer awareness about the health benefits of seafood and the nutritional value it provides. This trend is further fueled by the increasing popularity of online retailing in the seafood industry, which offers convenience and accessibility to consumers.
However, the market faces challenges due to the depletion of certain sea species, leading to concerns about sustainability and the need for responsible fishing practices. To mitigate this issue, initiatives such as sustainable fishing and aquaculture are gaining traction, ensuring the long-term growth and sustainability of the market.

Market Analysis

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The industry is a significant contributor to the global protein market, providing consumers with a wide range of options rich in essential nutrients such as omega-3 fatty acids, vitamins, and minerals. Seafood is increasingly popular due to its health advantages, making it a crucial component of a balanced diet. The price of seafood varies depending on the species, with popular choices like shrimp, salmon, tuna, cod, and tilapia being more expensive. The seafood industry is also embracing innovation, with trends such as 3D printing technology and culinary experimentation transforming the way seafood is produced and consumed. Personalization and texture are key factors driving product innovation, with alternative protein sources and seafood substitutes gaining traction due to their ethical concerns and environmental impact. Furthermore, the tourism and hospitality sectors are significant consumers of seafood, with their culinary applications adding value to the industry.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

Type

  Fish
  Crustacean
  Mollusca
  Others


Distribution Channel

  Offline
  Online


Form

  Fresh
  Processed


Geography

  APAC

    China
    Japan


  North America

    Canada
    US


  South America

    Brazil
    Argentina


  Europe

    France
    Spain


  Middle East and Africa

    South Africa

By Type Insights

The fish segment is estimated to witness significant growth during the forecast period. The seafood industry continues to thrive due to the increasing demand for protein sources, with seafood occupying a significant role as a high-protein meat alternative. Consumers' growing awareness of the health benefits associated with fish, such as omega-3 fatty acids, vitamins D and B2 (riboflavin), and minerals, has fueled the preference for fish over other types of seafood. The fish segment dominated The market in 2023, accounting for the largest market share. The rising number of meat eaters and the American Heart Association's recommendation of incorporating fish into a healthy diet at least twice a week further bolster the demand for fish.

Moreover, innovation and personalization are key trends in the seafood industry, with 3D printing technology enabling culinary experimentation and the development of alternative protein sources and seafood substitutes. The texture, flavor, and appearance of these products are being enhanced to mimic the authentic seafood experience. Sustainability and ethical concerns are also crucial factors influencing the market, with certifications from organizations such as the Aquaculture Stewardship Council and Marine Stewardship Council promoting sustainable aquaculture techniques. The market encompasses a diverse range of products, including fresh and frozen shrimps, salmon, tuna, cod, tilapia, lobster, and crab. Convenience seafood items cater to the busy lifestyles of consumers, making seafood more accessible.

Furthermore, the environmental impact and ethical concerns surrounding the production of these seafood items are being addressed through traceability initiatives and the promotion of lean, sustainable, and ethically sourced seafood. The market is expected to grow significantly during the forecast period, driven by these trends and the continued preference for fish as a healthy and versatile protein source.

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The fish segment accounted for USD 94.09 billion in 2018 and showed a gradual increase during the forecast period.

Will the significant importer of fish in APAC help the market grow?

APAC is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market d

Explore the Fishing Global Market Report 2025 Market trends! Covers key players, growth rate 7% CAGR, market size $964.73 Billion, and forecasts to 2033. Get insights now!

The United States fin fish market size reached USD 49.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 65.9 Billion by 2033, exhibiting a growth rate (CAGR) of 3.05% during 2025-2033. The rising food and beverage (F&B) industry, the increasing consumer demand for seafood as a healthy and protein-rich dietary choice, innovations in aquaculture practices, the rising awareness of health and wellness, and the growth of aquaculture represent some of the key factors driving the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 49.5 Billion
Market Forecast in 2033	USD 65.9 Billion
Market Growth Rate (2025-2033)	3.05%

IMARC Group provides an analysis of the key trends in each segment of the United States fin fish market report, along with forecasts at the country level for 2025-2033. Our report has categorized the market based on fish type, environment, and distribution channel.

Forecast: Freshwater Fish Market Size Volume in Spain 2023 - 2027 Discover more data with ReportLinker!

According to Cognitive Market Research, the global frozen fish market size is USD 27518.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 8.00% from 2024 to 2031.

North America held the major market of more than 40% of the global revenue with a market size of USD 11007.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.2% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 8255.46 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 6329.19 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.0% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 1375.91 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 550.36 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2031.
The salmon held the highest frozen fish market revenue share in 2024.

Market Dynamics of Frozen fish Market

Key Drivers for Frozen fish Market

Health Conscious Consumer Trends to Increase the Demand Globally

Health-conscious consumer trends are significantly impacting the global food market, particularly the demand for seafood like frozen fish. Increasing awareness of the numerous health benefits associated with seafood consumption, including omega-3 fatty acids, lean proteins, and essential vitamins and minerals, is driving this demand. Consumers are seeking out nutritious options to support overall well-being and address concerns such as heart health, brain function, and weight management. Moreover, as lifestyle diseases become more prevalent, individuals are turning to healthier dietary choices, with seafood being a preferred option due to its perceived healthiness and versatility. This trend is expected to continue growing globally as more people prioritize their health and seek out convenient yet nutritious food options, thereby boosting the demand for frozen fish products across various markets and demographics.

Convenience and Accessibility to Propel Market Growth

Convenience and accessibility play pivotal roles in propelling the growth of the frozen fish market worldwide. As consumers increasingly adopt busy lifestyles, they seek convenient options that require minimal preparation time without compromising on quality or nutrition. Frozen fish meets this demand by offering a convenient solution for incorporating seafood into meals. Its long shelf life and availability year-round ensure accessibility even in regions without easy access to fresh seafood. Additionally, frozen fish products often come pre-portioned and pre-packaged, further enhancing their convenience. With the rise of online shopping and home delivery services, consumers can easily access a wide variety of frozen fish products from the comfort of their homes. This convenience factor not only drives consumer purchasing behavior but also contributes to the overall market growth as frozen fish becomes an essential staple in households worldwide.

Restraint Factor for the Frozen fish Market

Perceived Quality Concerns to Limit the Sales

Perceived quality concerns pose a significant challenge to the frozen fish market, potentially limiting sales growth. Despite advancements in freezing and processing technologies ensuring the preservation of flavor and texture, some consumers still harbor doubts regarding the quality of frozen fish compared to fresh alternatives. This skepticism often stems from misconceptions about freshness, taste, and nutritional value. Despite efforts by industry players to educate consumers and improve product quality, overcoming these ingrained perceptions can be challenging. Additionally, negative experiences or encounters with poorly handled or improperly stored frozen fish products can reinforce these concerns, further hindering sales. Addressing perceived quality issues requires transparent labeling, stringent quality control measures throughout the supply chain, and consumer education initiatives to instill confidence in the safety and integrity of frozen fish products, ultimately fostering market growth.

Impact of Covid-19 on the Frozen fish Market

The COVID-19 pandemic inflicted a negative impact on the frozen ...

Explore the Seafood Market trends! Covers key players, growth rate 7.2% CAGR, market size $357.56 Billion, and forecasts to 2034. Get insights now!

The North America Seafood Market is segmented by Type (Fish, Shrimp), by Form (Canned, Fresh / Chilled, Frozen, Processed), by Distribution Channel (Off-Trade, On-Trade) and by Country (Canada, Mexico, United States). Market value in USD and market volume in tonnes are presented. Key data points observed include production and price.

The frozen seafood market is projected to increase from US$ 21,995.1 million in 2024 to US$ 42,657.6 million By 2034. Global sales of frozen seafood are anticipated to increase at a CAGR of 6.8% from 2024 to 2034.

Attributes	Key Insights
Frozen Seafood Market Value (2024E)	US$ 21,995.1 million
Projected Frozen Seafood Market Size (2034F)	US$ 42,657.6 million
Value-based CAGR (2024 to 2034)	6.8%

Country-wise Insights

Countries	CAGR (2024 to 2034)
United States	4.9%
United Kingdom	5.2%
Germany	5.0%
China	4.2%
India	5.9%
Japan	5.6%

Category-Wise Insights

Top Crustacean Segment	Frozen Shrimps
Market Share in 2024	39%

Top Fish Segment	Frozen Marine Pelagic
Market Share in 2024	54.0%

Scope of the Report

Attribute	Details
Market Size Value in 2024	US$ 21,995.1 million
Forecasted Market Value by 2034	US$ 42,657.6 million
Global Growth Rate	6.8% CAGR
Forecast Period	2024 to 2034
Historical Data Available for	2019 to 2023
Market Analysis	Volume (MT) and Value (US$ Mn)
Key Regions Covered	Latin America, Europe, North America, South Asia, East Asia, Oceania, and MEA
Key Countries Covered	Canada, the United States, Mexico, Brazil, Chile, Peru, Argentina, Italy, Spain, France, Germany, the United Kingdom, the Netherlands, Belgium, Russia, the Nordic region, Poland, Japan, South Korea, China, India, Malaysia, Thailand, Singapore, Australia, Indonesia, Gulf Cooperation Council countries, New Zealand, Central Africa and South Africa
Key Market Segments Covered	Product Type, Nature, Form, End Use Application and Distribution Channel
Key Companies Profiled	Marine Harvest ASA Austevoll Seafood ASA SalMar Coast Seafood Charoen Pokphand Foods Fortune Fish & Gourmet Maruha Nichiro Norway Royal Salmon Mitsubishi Corporation Trident Seafood
Pricing	Available upon Request

The market size of the Ornamental Freshwater Fish Market is categorized based on Type (Tropical Fish, Cold Water Fish) and Application (Commercial, Residential, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

This report provides insights into the market size and forecasts the value of the market, expressed in USD million, across these defined segments.

Global Tuna Fish Market will grow at a CAGR of 2.5% during the forecast period, with an estimated size and share crossing USD 51.76 billion by 2032.

India seafood market size is projected to exhibit a growth rate (CAGR) of 7.90% during ​2024-2032​. The government's focus on sustainable fishing practices and aquaculture projects for ensuring environmental responsibility is primarily augmenting the market growth.

Report Attribute	Key Statistics
Base Year	2023
Forecast Years	2024-2032
Historical Years	2018-2023
Market Growth Rate (2024-2032)	7.90%

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for ​2024-2032​. Our report has categorized the market based on type, form, and distribution channel.

The Global Frozen Fish Market size is expected to reach $44.2 billion by 2030, rising at a market growth of 7.1% CAGR during the forecast period. In the year 2022, the market attained a volume of 910.4 kilo tonnes, experiencing a growth of 4.5% (2019-2022). Cod's mild flavor and flaky texture make

Global Demersal Fish Market Size Volume by Country, 2023 Discover more data with ReportLinker!

The GCC fin fish market size reached USD 3.9 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 5.8 Billion by 2033, exhibiting a growth rate (CAGR) of 4.4% during 2025-2033. The growing consumption of protein-rich diets among the masses to prevent the occurrence of various lifestyle-induced health complications, rising advancements in aquaculture activities to enhance domestic seafood production, and increasing emphasis on sustainable seafood cultivation represent some of the key factors driving the market.

Report Attribute	Key Statistics
Base Year	2024
Forecast Years	2025-2033
Historical Years	2019-2024
Market Size in 2024	USD 3.9 Billion
Market Forecast in 2033	USD 5.8 Billion
Market Growth Rate (2025-2033)	4.4%

IMARC Group provides an analysis of the key trends in each segment of the GCC fin fish market report, along with forecasts at the regional and country levels for 2025-2033. Our report has categorized the market based on fish type, environment, and distribution channel.

The global fish market size was valued at USD 732.87 Billion in 2024. The market is further projected to grow at a CAGR of 3.40% between 2025 and 2034, reaching a value of USD 1023.84 Billion by 2034.