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The fish and seafood market size in Europe has the potential to grow by USD 8.78 billion during 2020-2024, and the market's growth momentum will accelerate at a CAGR of 2.07%.
This report provides a detailed analysis of the market by product (fresh and chilled fish and seafood, frozen fish and seafood, canned fish and seafood, and others), geography (Spain, Italy, France, the UK, and the Rest of Europe), and key vendors.
Browse TOC and LoE with selected illustrations and example pages of Fish and Seafood Market in Europe
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
The fish and seafood market in Europe is fragmented and the vendors are deploying growth strategies such as product differentiation to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.
The market players also significantly leverage external market drivers such as rising awareness about the benefits of seafood consumption to achieve growth opportunities. However, factors such as the growing popularity of vegan seafood will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Download a free sample of the fish and seafood market forecast report of Europe for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies,
This fish and seafood market analysis report of Europe also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
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56% of the market's growth will originate from the rest of Europe during the forecast period. Market growth in this region will be faster than the growth of the market in Spain, Italy, France, and the UK.
The increasing demand for frozen and canned fish and seafood is one of the prime factors that will facilitate the fish and seafood market growth in the rest of Europe over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.
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The increase in processing activities of various fish products in countries such as Norway and Spain will help in increasing the demand for fresh and chilled fish and seafood in Europe. Technological advances in cold chain logistics have also aided market growth in Europe. Maintaining the temperature is an essential part of preserving the freshness of the fish and seafood products without using artificial preservatives. All these factors have been a major factor driving the growth of the fresh and chilled fish and seafood segment in the region during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the fish and seafood market size in Europe. Fetch actionable market insights on post COVID19 impact on each segment.
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