Reportstack has announced a new market research report on the Global Fish and Seafood Market 2014-2018. One major trend emerging in the market is an increase in demand for aquaculture, which helps in sustainable fish farming and reduces overexploitation of fish stocks from the oceans. Aquaculture is the fastest growing food production process globally, which has overshadowed all the other food-sourcing methods such as traditional agricultural practices and wild fish harvesting. The Global Fish and Seafood market is expected to witness CAGRs of 4.16 percent and 3.48 percent in terms of revenue and volume, respectively, during the forecast period of 2014-2018.
Processed seafood is gaining popularity among consumers because of the problems faced during the cooking of fresh seafood. Consumers are more inclined toward eating protein rich food especially seafood products. Processed seafood products help consumers to save time and energy, and they can use the extra time to perform other activities such as recreation activities, spending more time with family, and business activities.
“Demand for fish and seafood products is interdependent on the population, to meet the demand and satisfy the diet of the global population,”.
“Moreover, there is high demand for fish and seafood in Latin America and APAC regions because of changing lifestyles, increases in disposable income, and the growing population.”
To define the market conditions in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
To access full report with TOC, please visit Global Fish and Seafood Market 2014-2018.