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    North America Seafood Market

    ID: MRFR/F-B & N/45463-HCR
    128 Pages
    Snehal Singh
    September 2025

    North America Seafood Market Research Report: By Seafood Type (Cephalopods, Shellfish, Mollusks, Level Fish, Groundfish, Salmonids, Fish, Pelagic), By Seafood Retail (Surrounding, Frozen, Chilled) andBy Seafood Distribution Channel (Retail, Foodservice, Institutional)- Forecast to 2035

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    North America Seafood Market Research Report - Forecast Till 2035 Infographic
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    Table of Contents

    North America Seafood Market Summary

    The North America Seafood market is projected to grow from 34 USD billion in 2024 to 44.5 USD billion by 2035, reflecting a steady growth trajectory.

    Key Market Trends & Highlights

    North America Seafood Key Trends and Highlights

    • The North America Seafood market is valued at 34 USD billion in 2024.
    • By 2035, the market is expected to reach 44.5 USD billion, indicating robust growth.
    • The compound annual growth rate (CAGR) for the period from 2025 to 2035 is estimated at 2.48 percent.
    • Growing adoption of sustainable fishing practices due to increasing consumer awareness is a major market driver.

    Market Size & Forecast

    2024 Market Size 34 (USD Billion)
    2035 Market Size 44.5 (USD Billion)
    CAGR (2025-2035) 2.48%
    Largest Regional Market Share in 2024 latin_america)

    Major Players

    North Atlantic Sea Farms, Mowi ASA, Trident Seafoods Corporation, Seafood Harvesters of America, AmeriPure Oyster Company, Great Atlantic and Pacific Tea Company, Eagle Seafood Company, Matrix Marine Group, High Liner Foods Incorporated, Pacific Seafood Group, AquaStar, Bumble Bee Seafoods, LLC, Cooke Aquaculture Inc, Stavis Seafoods, LLC, Ocean Beauty Seafoods

    North America Seafood Market Trends

    North America Seafood Market Drivers

    Market Segment Insights

    Seafood Market Seafood Type Insights

    Seafood Market Seafood Type Insights

    The North America Seafood Market particularly within the Seafood Type segment, showcases a diverse range of product offerings that cater to varied consumer preferences and culinary trends. This market encompasses various types, including Cephalopods, Shellfish, Mollusks, Level Fish, Groundfish, Salmonids, Fish, and Pelagic, each contributing uniquely to the overall ecosystem. Cephalopods, known for their versatility and flavor, find a substantial footing in North America, especially among gourmet and health-conscious consumers. Shellfish plays a significant role in this market, driven by increasing demand for premium seafood options during festive seasons and special occasions, offering both taste and nutritional benefits.

    Mollusks are pivotal in culinary traditions across the region, often being favored for their unique textures and flavors, serving as a staple in many local cuisines. Level Fish and Groundfish are renowned for their practical applications in everyday meals, offering affordable and healthy protein choices for a growing population, with sustainability becoming a major focus within this realm. Salmonids, which include species such as salmon and trout, hold considerable importance as they are not only a favorite among seafood lovers but also support various sectors like aquaculture, promoting local economies.

    Fish, in general, remains a core component of the North American dietary framework, spurred by increasing awareness of health benefits associated with omega-3 fatty acids and lean protein consumption. Pelagic species, known for their migratory patterns, form an essential part of both commercial fishing and recreational activities, contributing richly to the cultural tapestry of North American coastal communities. The segmentation reflects growing sustainability initiatives, shifts toward healthy eating habits, and the influence of global culinary trends. With consumers increasingly prioritizing seafood that is sustainably sourced, the demand for seafood types that adhere to responsible fishing practices continues to swell.

    This movement is further emphasized in public policy, driving market players to adopt eco-friendly practices. As the market evolves, innovations within processing techniques and product offerings are anticipated to enhance the appeal of diverse seafood types, fostering growth and adaptation in response to consumer preferences and market dynamics.

    Seafood Market Seafood Retail Insights

    Seafood Market Seafood Retail Insights

    The North America Seafood Market particularly within the Seafood Retail sector, has been experiencing steady growth, propelled by increasing consumer awareness regarding the health benefits of seafood, including high protein and omega-3 fatty acids content. The retail segment encompasses various forms of seafood products, including Surrounding, Frozen, and Chilled offerings, each playing a significant role in fulfilling diverse consumer preferences and needs.

    Among these, Frozen seafood has emerged as a crucial category due to its convenience and longer shelf life, making it an appealing choice for busy families and individuals.Chilled seafood, on the other hand, caters to consumers seeking fresh, high-quality options, often associated with higher price points reflecting premium quality. In contrast, Surrounding seafood products are gaining traction with consumers interested in sustainability, focusing on ethically sourced options. These trends indicate a shift in consumer buying behavior, emphasizing sustainability and health, which are expected to drive the industry further.

    As local fisheries and aquaculture continue to evolve, regulatory measures and sustainable practices also shape the data, enhancing product quality while addressing environmental concerns.Overall, the segmentation of the illustrates a dynamic landscape, with growth opportunities aligned with consumer trends toward healthy and sustainable eating.

    Seafood Market Seafood Distribution Channel Insights

    Seafood Market Seafood Distribution Channel Insights

    The North America Seafood Market Distribution Channel within the plays a crucial role in delivering fresh and processed seafood to various consumers and businesses. This market segment is primarily divided into three key areas: Retail, Foodservice, and Institutional, each catering to specific customer needs and preferences. Retail operations are vital as they provide consumers with direct access to seafood products, often emphasizing quality and sustainability, which are increasingly significant to shoppers.

    Foodservice, encompassing restaurants and catering services, has a substantial share as dining experiences increasingly integrate seafood into their menus, driven by trends that prioritize healthy eating and diverse culinary options.Meanwhile, the Institutional facet serves larger entities such as schools and hospitals, where bulk procurement is necessary, showcasing a reliance on consistent supply chains. The Seafood Distribution Channel has benefited from an upsurge in demand for high-quality seafood, coupled with growing awareness about the health benefits of consuming seafood.

    However, challenges such as environmental sustainability and fluctuating supply chains remain pertinent, emphasizing the need for innovation and adaptability within these distribution channels. Overall, the dynamics of the revenue are heavily influenced by the segmentation across these distribution channels, shaping the growth and evolution of the industry.

    Get more detailed insights about North America Seafood Market Research Report - Forecast Till 2035

    Regional Insights

    Key Players and Competitive Insights

    The North America Seafood Market is characterized by a dynamic competitive landscape shaped by evolving consumer preferences, sustainability initiatives, and technological advancements. Growing demand for healthy protein sources and seafood options has intensified the competition among businesses looking to secure market share. Companies in this sector are increasingly focusing on innovative product offerings, enhanced supply chain practices, and sustainable fishing practices to differentiate themselves. The rise of convenience products and ready-to-eat meals has created new avenues for growth, leading to a more competitive environment where firms must continuously adapt to stay ahead.

    In addition, regulatory frameworks and trade policies further influence market dynamics, requiring companies to remain agile and responsive to shifts in consumer trends and external factors.North Atlantic Sea Farms has established a notable presence in the by focusing on sustainable aquaculture practices and innovative farming techniques. The company's strengths lie in its commitment to producing high-quality, environmentally friendly seafood, which resonates well with the increasing consumer preference for sustainable food sources. By leveraging advanced farming technology and employing responsible sourcing methods, North Atlantic Sea Farms has positioned itself as a leader in the sustainable seafood segment.

    Their robust market presence is bolstered by partnerships with local retailers and restaurants, ensuring that their products reach consumers efficiently while emphasizing quality and freshness. Their efforts in sustainability also align with broader environmental initiatives, enhancing their brand reputation within a market increasingly concerned with ocean health and biodiversity.Mowi ASA is a prominent player in the , known for its extensive product offerings, which include fresh, frozen, and value-added seafood products. The company has carved a significant niche for itself through its commitment to high standards of quality and sustainability.

    Mowi ASA's strengths lie in its well-established supply chain, efficient production processes, and a strong emphasis on responsible fish farming practices. This has allowed the company to maintain a competitive edge in delivering premium seafood products to consumers across North America. Additionally, Mowi ASA has pursued strategic mergers and acquisitions to expand its operational capabilities and market reach, enhancing its portfolio of services. The company's proactive approach to sustainability and innovation while consistently investing in R&D allows it to meet the evolving preferences of North American consumers, positioning it well for future growth in the seafood sector.

    Key Companies in the North America Seafood Market market include

    Industry Developments

    Market Segmentation

    Seafood Market Seafood Type Outlook

    • Cephalopods
    • Shellfish
    • Mollusks
    • Level Fish
    • Groundfish
    • Salmonids
    • Fish
    • Pelagic

    Seafood Market Seafood Retail Outlook

    • Surrounding
    • Frozen
    • Chilled

    Seafood Market Seafood Distribution Channel Outlook

    • Retail
    • Foodservice
    • Institutional

    Report Scope

    Report Scope
    Report Attribute/Metric Source Details
    MARKET SIZE 2018 33.09(USD Billion)
    MARKET SIZE 2024 34.0(USD Billion)
    MARKET SIZE 2035 44.5(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 2.477% (2025 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    MARKET FORECAST PERIOD 2025 - 2035
    HISTORICAL DATA 2019 - 2024
    MARKET FORECAST UNITS USD Billion
    KEY COMPANIES PROFILED North Atlantic Sea Farms, Mowi ASA, Trident Seafoods Corporation, Seafood Harvesters of America, AmeriPure Oyster Company, Great Atlantic and Pacific Tea Company, Eagle Seafood Company, Matrix Marine Group, High Liner Foods Incorporated, Pacific Seafood Group, AquaStar, Bumble Bee Seafoods, LLC, Cooke Aquaculture Inc, Stavis Seafoods, LLC, Ocean Beauty Seafoods
    SEGMENTS COVERED Seafood Type, Seafood Retail, Seafood Distribution Channel
    KEY MARKET OPPORTUNITIES Sustainable seafood sourcing, Plant-based seafood alternatives, Online seafood retail growth, Premium seafood product demand, Increased awareness of health benefits
    KEY MARKET DYNAMICS Sustainable fishing practices, Rising health consciousness, Increased demand for convenience, E-commerce growth, Regulatory challenges
    COUNTRIES COVERED US, Canada

    Market Highlights

    Author

    Snehal Singh
    Assistant Manager - Research

    High acumen in analyzing complex macro & micro markets with more than 6 years of work experience in the field of market research. By implementing her analytical skills in forecasting and estimation into market research reports, she has expertise in Packaging, Construction, and Equipment domains. She handles a team size of 20-25 resources and ensures smooth running of the projects, associated marketing activities, and client servicing.

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    FAQs

    What is the projected market size of the North America Seafood Market in 2024?

    The North America Seafood Market is expected to be valued at 34.0 USD Billion in 2024.

    What is the expected market size of the North America Seafood Market by 2035?

    By 2035, the North America Seafood Market is projected to reach a valuation of 44.5 USD Billion.

    What is the anticipated CAGR for the North America Seafood Market from 2025 to 2035?

    The expected CAGR for the North America Seafood Market from 2025 to 2035 is 2.477%.

    Which type of seafood is expected to have the largest market share in 2024?

    Shellfish is expected to hold the largest market share with a valuation of 10.0 USD Billion in 2024.

    How much is the Cephalopods segment valued in 2024 within the North America Seafood Market?

    The Cephalopods segment is valued at 4.5 USD Billion in 2024.

    What are the key players dominating the North America Seafood Market?

    Major players in the market include North Atlantic Sea Farms, Mowi ASA, and Trident Seafoods Corporation among others.

    What is the market size for Groundfish in 2024?

    The Groundfish segment is valued at 5.0 USD Billion in 2024.

    What is the expected valuation for the Level Fish segment by 2035?

    The Level Fish segment is expected to be valued at 11.0 USD Billion by 2035.

    What is the projected size of the Mollusks market by 2035?

    The Mollusks segment is projected to be valued at 7.8 USD Billion by 2035.

    What are the emerging trends influencing the North America Seafood Market?

    Key trends include increasing health consciousness among consumers and the growing demand for sustainable seafood options.

    1. |- Table of Contents EXECUTIVE SUMMARY Market Overview Key Findings Market Segmentation Competitive Landscape Challenges and Opportunities Future Outlook MARKET INTRODUCTION Definition Scope of the study Research Objective Assumption Limitations RESEARCH METHODOLOGY Overview Data Mining Secondary Research Primary Research Primary Interviews and Information Gathering Process Breakdown of Primary Respondents Forecasting Model Market Size Estimation Bottom-Up Approach Top-Down Approach Data Triangulation Validation MARKET DYNAMICS Overview Drivers Restraints Opportunities MARKET FACTOR ANALYSIS Value chain Analysis Porter's Five Forces Analysis Bargaining Power of Suppliers Bargaining Power of Buyers Threat of New Entrants Threat of Substitutes Intensity of Rivalry COVID-19 Impact Analysis Market Impact Analysis Regional Impact Opportunity and Threat Analysis North America Seafood Market, BY Seafood Type (USD Billion) Cephalopods Shellfish Mollusks Level Fish Groundfish Salmonids Fish Pelagic North America Seafood Market, BY Seafood Retail (USD Billion) Surrounding Frozen Chilled North America Seafood Market, BY Seafood Distribution Channel (USD Billion) Retail Foodservice Institutional Competitive Landscape Overview Competitive Analysis Market share Analysis Major Growth Strategy in the Seafood Market Competitive Benchmarking Leading Players in Terms of Number of Developments in the Seafood Market Key developments and growth strategies New Product Launch/Service Deployment Merger & Acquisitions Joint Ventures Major Players Financial Matrix Sales and Operating Income Major Players R&D Expenditure. 2023 Company Profiles North Atlantic Sea Farms Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Mowi ASA Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Trident Seafoods Corporation Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Seafood Harvesters of America Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies AmeriPure Oyster Company Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Great Atlantic and Pacific Tea Company Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Eagle Seafood Company Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Matrix Marine Group Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies High Liner Foods Incorporated Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Pacific Seafood Group Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies AquaStar Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Bumble Bee Seafoods, LLC Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Cooke Aquaculture Inc Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Stavis Seafoods, LLC Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Ocean Beauty Seafoods Financial Overview Products Offered Key Developments SWOT Analysis Key Strategies Appendix References Related Reports LIST Of tables LIST OF ASSUMPTIONS North America Seafood Market SIZE ESTIMATES & FORECAST, BY SEAFOOD TYPE, 2019-2035 (USD Billions) North America Seafood Market SIZE ESTIMATES & FORECAST, BY SEAFOOD RETAIL, 2019-2035 (USD Billions) North America Seafood Market SIZE ESTIMATES & FORECAST, BY SEAFOOD DISTRIBUTION CHANNEL, 2019-2035 (USD Billions) PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL ACQUISITION/PARTNERSHIP LIST Of figures MARKET SYNOPSIS NORTH AMERICA SEAFOOD MARKET ANALYSIS BY SEAFOOD TYPE NORTH AMERICA SEAFOOD MARKET ANALYSIS BY SEAFOOD RETAIL NORTH AMERICA SEAFOOD MARKET ANALYSIS BY SEAFOOD DISTRIBUTION CHANNEL KEY BUYING CRITERIA OF SEAFOOD MARKET RESEARCH PROCESS OF MRFR DRO ANALYSIS OF SEAFOOD MARKET DRIVERS IMPACT ANALYSIS: SEAFOOD MARKET RESTRAINTS IMPACT ANALYSIS: SEAFOOD MARKET SUPPLY / VALUE CHAIN: SEAFOOD MARKET SEAFOOD MARKET, BY SEAFOOD TYPE, 2025 (% SHARE) SEAFOOD MARKET, BY SEAFOOD TYPE, 2019 TO 2035 (USD Billions) SEAFOOD MARKET, BY SEAFOOD RETAIL, 2025 (% SHARE) SEAFOOD MARKET, BY SEAFOOD RETAIL, 2019 TO 2035 (USD Billions) SEAFOOD MARKET, BY SEAFOOD DISTRIBUTION CHANNEL, 2025 (% SHARE) SEAFOOD MARKET, BY SEAFOOD DISTRIBUTION CHANNEL, 2019 TO 2035 (USD Billions) BENCHMARKING OF MAJOR COMPETITORS
    North America Seafood Market Segmentation
    • Seafood Market By Seafood Type (USD Billion, 2019-2035)
      • Cephalopods
      • Shellfish
      • Mollusks
      • Level Fish
      • Groundfish
      • Salmonids
      • Fish
      • Pelagic
    • Seafood Market By Seafood Retail (USD Billion, 2019-2035)
      • Surrounding
      • Frozen
      • Chilled
    • Seafood Market By Seafood Distribution Channel (USD Billion, 2019-2035)
      • Retail
      • Foodservice
      • Institutional
    Seafood Market Regional Outlook (USD Billion, 2019-2035)
    • North America Outlook (USD Billion, 2019-2035)
      • North America Seafood Market by Seafood Type
        • Cephalopods
        • Shellfish
        • Mollusks
        • Level Fish
        • Groundfish
        • Salmonids
        • Fish
        • Pelagic
      • North America Seafood Market by Seafood Retail Type
        • Surrounding
        • Frozen
        • Chilled
      • North America Seafood Market by Seafood Distribution Channel Type
        • Retail
        • Foodservice
        • Institutional
      • US Outlook (USD Billion, 2019-2035)
      • US Seafood Market by Seafood Type
        • Cephalopods
        • Shellfish
        • Mollusks
        • Level Fish
        • Groundfish
        • Salmonids
        • Fish
        • Pelagic
      • US Seafood Market by Seafood Retail Type
        • Surrounding
        • Frozen
        • Chilled
      • US Seafood Market by Seafood Distribution Channel Type
        • Retail
        • Foodservice
        • Institutional
      • CANADA Outlook (USD Billion, 2019-2035)
      • CANADA Seafood Market by Seafood Type
        • Cephalopods
        • Shellfish
        • Mollusks
        • Level Fish
        • Groundfish
        • Salmonids
        • Fish
        • Pelagic
      • CANADA Seafood Market by Seafood Retail Type
        • Surrounding
        • Frozen
        • Chilled
      • CANADA Seafood Market by Seafood Distribution Channel Type
        • Retail
        • Foodservice
        • Institutional
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