![Global Fresh Fish Market](https://res.cloudinary.com/devmoveo/image/upload/v1680600749/skyquest/gallery/Global-Fresh-Fish-Market.jpg)
Report ID: SQMIG30I2124
Report ID:
SQMIG30I2124 |
Region:
Global |
Published Date: April, 2024
Pages:
198
|
Tables:
59 |
Figures:
75
Global Fresh Fish Market size was valued at USD 5.10 billion in 2022 and is poised to grow from USD 5.31 billion in 2023 to USD 7.32 billion by 2031, growing at a CAGR of 4.10% in the forecast period (2024-2031).
The market is expected to see significant growth due to increasing demand and consumption in both developed and developing economies. The Food and Agriculture Organization (FAO) reports that global food fish consumption has increased at a rate higher than world population growth. The market is further fueled by growing awareness of the health benefits of fresh fish, such as reducing the risk of chronic diseases and balancing hormone levels. Technological advancements in the cold chain, shipping, and distribution channels, as well as increased fish production, have also contributed to the market growth. The rising demand for protein-rich diets as an alternative to high-calorie foods is driving the industry demand, as fish products are a low-fat source of protein and contain beneficial vitamins like omega-3 fatty acids. The market is particularly driven by the increased production of fish in developing economies such as India and Indonesia. This growth is further supported by factors such as urbanization, rising disposable incomes, and increasing demand for premium quality, diverse, and fresh food products.
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Report ID: SQMIG30I2124