Below are some of the key findings from the squid market research report

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Global squid industry overview
A key factor driving the growth of the global squid market is the high nutritional benefits. Squid is seafood that has high vitamin and mineral content and healthy fats. Healthy eating trends and growing health awareness are increasing the demand for fish and seafood such as squid. The global demand for squid has increased due to its high nutritional content, including trace minerals, high Omega 3 content, and high health awareness. A 3-oz serving of squid can provide more than 10% daily value (DV) of essential nutrients required for an average adult. Uncooked plain squid is also low on calories and fat. Sushi squid, without any additives, has a mere 26 calories per ounce, and less than half a gram of fat. Therefore, with such health benefits, the market for squid is expected to have a positive outlook during the forecast period.
The demand for squids has increased the number of fishermen involved in overfishing and unsustainable fishing. Dynamite fishing, bottom trawling, electro-fishing, and fishing with poisons are examples of unsustainable fishing practices. These practices destruct the natural habitat and threaten the environment in which these sea creatures need to thrive. Thus, squid manufacturers and vendors are gradually putting efforts to follow a sustainable aquaculture practice. The global squid market is witnessing growing consolidation activities, with many M&A in the seafood market. Most M&A transactions are driven by a focus on factors such as diversity in product portfolio, penetration in new markets, high market share, strong brand /image, and improved control over the supply chain. Also, vendors participating in M&A try to improve their product innovation, supply chain efficiency, and growth through the acquisition of new product lines, flavors, and diversified operations to newer markets and sectors. Thus, with such initiatives, the global market for squid is expected to post a CAGR of over 3% during the forecast period.
Top squid companies covered in this market research report
The squid market is moderately fragmented. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this squid industry analysis report will aid clients to identify new growth opportunities and design new growth strategies.
The report offers a complete analysis of various companies including:
- GRUPO NUEVA PESCANOVA
- Maruha Nichiro
- NISSUI
- OCEANA GROUP
- Thai Union Group
Squid market segmentation based on geographic regions
With a complete study of the growth opportunities for the companies, the APAC region will account for the highest growth of this market throughout the forecast period. Owing to the increasing preferences for seafood in various Asian economies including China, Japan, and South Korea, the region is likely to continue dominating the market in the upcoming years.
Squid market segmentation based on product
The processed squid segment account for the highest growth in the market owing to the increasing popularity of ready-to-eat and ready-to-serve squids. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the squid market size.
Key highlights of the global squid market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the squid market during the next five years
- Precise estimation of the global squid market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the squid industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of squid companies
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Processed - Market size and forecast 2018-2023
- Fresh - Market size and forecast 2018-2023
- Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- Americas - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Rising sustainable fishing practices
- Increasing M&A activities
- Growing popularity of e-commerce channels for sales
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- GRUPO NUEVA PESCANOVA
- Maruha Nichiro
- NISSUI
- OCEANA GROUP
- Thai Union Group
PART 14: APPENDIX
- Research methodology
- List of abbreviations
PART 15: EXPLORE TECHNAVIO
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape