Report Overview
Fresh squid, a popular seafood item, refers to squid that has not been frozen or processed. It is known for its tender texture and mild flavor, making it a sought-after ingredient in various cuisines worldwide. The market for fresh squid is characterized by its perishable nature, requiring efficient supply chain management to maintain quality and freshness.
As of 2023, the global market size for fresh squid is estimated at approximately $2.5 billion. The market is projected to grow at a Compound Annual Growth Rate (CAGR) of 4.8% from 2024 to 2032. This growth can be attributed to several key factors driving market expansion.
One of the primary growth drivers for the fresh squid market is the increasing consumer demand for healthy and protein-rich seafood options. Squid is a low-calorie, high-protein food source that appeals to health-conscious consumers. Additionally, the growing popularity of seafood in various culinary traditions and the rising trend of seafood consumption globally contribute to the market’s growth.
Another significant factor fueling market growth is the expanding seafood trade and the globalization of food supply chains. Improved transportation infrastructure and logistics networks enable the efficient distribution of fresh squid to different regions, catering to diverse consumer preferences and culinary practices.
Furthermore, technological advancements in fishing techniques and storage facilities have enhanced the quality and availability of fresh squid products in the market. Sustainable fishing practices and certifications such as MSC (Marine Stewardship Council) ensure the responsible sourcing of squid, addressing consumer concerns about environmental sustainability.
In terms of market trends, there is a noticeable shift towards value-added squid products, such as pre-cleaned and pre-cut squid, to cater to the convenience-seeking consumer segment. Additionally, the rise of online seafood platforms and e-commerce channels has made it easier for consumers to access a wider range of fresh squid products, driving market growth.
Regionally, leading markets for fresh squid include Asia Pacific, Europe, and North America. Asia Pacific dominates the market due to the high consumption of seafood in countries like China, Japan, and South Korea. Europe and North America follow closely, driven by the increasing popularity of squid-based dishes in restaurants and households.
Despite the positive outlook, the fresh squid market faces challenges such as seasonality in squid availability, price volatility due to fluctuations in supply, and regulatory constraints related to fishing quotas and sustainability measures. Addressing these challenges will be crucial for market players to sustain growth and profitability in the competitive seafood industry.
In conclusion, the fresh squid market presents lucrative opportunities for growth driven by increasing consumer demand, globalization of supply chains, and technological advancements. By adapting to market trends, addressing key challenges, and focusing on sustainability, businesses can capitalize on the growing popularity of fresh squid and enhance their market presence.
This report provides a deep insight into the global Fresh Squid market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Fresh Squid Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Fresh Squid market in any manner.
Global Fresh Squid Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
Super Royale Seafoods Int’l.
Inc
PT. Perintis Jaya Internasional
Maruha Nichiro
Grupo Nueva Pescanova
Nippon Suisan Kaisha (NISSUI)
Oceana Group
Thai Union Group
Nghi Loc Import Export Co.
Ltd
Lucio Salvador Alcaraz Ley
VAITI FISHERIES PRIVATE LIMITED
Mah Protein
PT. Sukses Lautan Indonesia
Market Segmentation (by Type)
Living Body
Frozen
Market Segmentation (by Application)
Retail
Food Processed
Others
Geographic Segmentation
• North America (USA, Canada, Mexico)
• Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
• Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
• South America (Brazil, Argentina, Columbia, Rest of South America)
• The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Fresh Squid Market
• Overview of the regional outlook of the Fresh Squid Market:
Key Reasons to Buy this Report:
• Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
• This enables you to anticipate market changes to remain ahead of your competitors
• You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
• The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Chapter Outline
Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.
Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Fresh Squid Market and its likely evolution in the short to mid-term, and long term.
Chapter 3 makes a detailed analysis of the market’s competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.
Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter’s five forces analysis.
Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.
Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.
Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.
Chapter 12 is the main points and conclusions of the report.