United States Seafood Market

Market Overview:

United States seafood market size is projected to exhibit a growth rate (CAGR) of 1.80% during ​2024-2032​. The escalating demand for protein-rich food products, along with the growing consumer health-consciousness, is primarily driving the market growth.

Seafood refers to edible aquatic animals featured in a diverse range of culinary traditions. This category encompasses a variety of fish, including anchovy, bass, pomfrets, bluefish, carp, cod, flounder, haddock, halibut, herring, mahi-mahi, salmon, sardines, trout, and tuna. Additionally, it encompasses a range of shellfish and crustaceans, such as crabs, crayfish, lobsters, prawns, shrimps, abalone, clams, conch, mussels, octopuses, oysters, scallops, and calamari. Caviar, the roe or unfertilized eggs from the sturgeon family, is also considered part of seafood. Additionally, it promotes healthy bone growth, enhances calcium absorption, and boosts the immune system. Consumption of seafood contributes to improved brain health, reducing the risk of neurodegenerative conditions such as Alzheimer’s disease, Parkinson’s disease, and amyotrophic lateral sclerosis. Due to its positive impact on eyesight and the reduction of eye-related risks, the demand for seafood is on the rise.

United States Seafood Market Trends:

The United States seafood market stands as a vibrant and integral component of the nation's culinary and economic landscape. This market encapsulates a rich variety of fish and shellfish, satisfying the diverse preferences of consumers across the country. From the ever-popular salmon and tuna to the delectable choices of shrimp, crab, and lobster, the U.S. seafood market mirrors the eclectic tastes of its populace, showcasing a blend of domestic and international offerings. Additionally, at the heart of this industry is a complex network of fishermen, processors, and distributors, collectively contributing to significant employment opportunities and fostering economic growth. Furthermore, rigorous fisheries management strategies, including quotas and regulations, underscore a commitment to preserving marine ecosystems and ensuring the long-term viability of seafood resources, thereby acting as another significant growth-inducing factor. This conscientious approach aligns with the evolving preferences of consumers who increasingly seek responsibly sourced seafood products. In essence, the United States is a dynamic tapestry, weaving together tradition, economic vitality, and a commitment to environmental stewardship, which is anticipated to fuel the regional market over the forecasted period.

United States Seafood Market Segmentation:

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.

Type Insights:

• Fish
• Shrimps
• Others
   

The report has provided a detailed breakup and analysis of the market based on the type. This includes fish, shrimps, and others.

Form Insights:

• Fresh/Chilled
• Frozen/Canned
• Processed
   

A detailed breakup and analysis of the market based on the form have also been provided in the report. This includes fresh/chilled, frozen/canned, and processed.

Distribution Channel Insights:

• Off Trade
• On Trade
   

The report has provided a detailed breakup and analysis of the market based on the distribution channel. This includes off trade and on trade.

Regional Insights:

• Northeast
• Midwest
• South
• West
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.

United States Seafood Market Report Coverage:

Key Questions Answered in This Report:

• How has the United States seafood market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the United States seafood market?
• What is the breakup of the United States seafood market on the basis of type?
• What is the breakup of the United States seafood market on the basis of form?
• What is the breakup of the United States seafood market on the basis of distribution channel?
• What are the various stages in the value chain of the United States seafood market? 
• What are the key driving factors and challenges in the United States seafood?
• What is the structure of the United States seafood market and who are the key players?
• What is the degree of competition in the United States seafood market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States seafood market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the United States seafood market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States seafood industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.