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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%

    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

    North America Seafood Market Segment Insights

    North America Seafood 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.

    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

    In the , several developments have recently captured attention. In September 2023, Mowi ASA announced plans to enhance its salmon farming operations in the U.S., focusing on sustainable practices, reflecting the industry's ongoing commitment to environmentally friendly methods. Trident Seafoods Corporation is also expanding its processing capabilities in Alaska to meet rising consumer demand for seafood, particularly amid challenges posed by supply chain disruptions. Additionally, in August 2023, the Seafood Harvesters of America advocated for more robust fisheries management policies, emphasizing the need for sustainable fishing practices to support local economies.

    Moreover, in July 2023, Cooke Aquaculture Inc. acquired a seafood processing facility in Maine to scale up its production capacity. This acquisition aligns with the company's strategic initiative to broaden its product offerings. The market's valuation has been growing, driven by increased consumer interest in healthy food options and sustainable sourcing. In the past few years, North Atlantic Sea Farms has pioneered seaweed farming, which gained traction as a sustainable seafood alternative, highlighting ongoing innovation in the sector alongside traditional seafood processing companies like Bumble Bee Seafoods, LLC and High Liner Foods Incorporated.

    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. EXECUTIVE SUMMARY
    2. Market Overview
    3. Key Findings
    4. Market Segmentation
    5. Competitive Landscape
    6. Challenges and Opportunities
    7. Future Outlook
    8. MARKET INTRODUCTION
    9. Definition
    10. Scope of the study
    11. Research Objective
    12. Assumption
    13. Limitations
    14. RESEARCH METHODOLOGY
    15. Overview
    16. Data Mining
    17. Secondary Research
    18. Primary Research
    19. Primary Interviews and Information Gathering Process
    20. Breakdown of Primary Respondents
    21. Forecasting Model
    22. Market Size Estimation
    23. Bottom-Up Approach
    24. Top-Down Approach
    25. Data Triangulation
    26. Validation
    27. MARKET DYNAMICS
    28. Overview
    29. Drivers
    30. Restraints
    31. Opportunities
    32. MARKET FACTOR ANALYSIS
    33. Value chain Analysis
    34. Porter's Five Forces Analysis
    35. Bargaining Power of Suppliers
    36. Bargaining Power of Buyers
    37. Threat of New Entrants
    38. Threat of Substitutes
    39. Intensity of Rivalry
    40. COVID-19 Impact Analysis
    41. Market Impact Analysis
    42. Regional Impact
    43. Opportunity and Threat Analysis
    44. North America Seafood Market, BY Seafood Type (USD Billion)
    45. Cephalopods
    46. Shellfish
    47. Mollusks
    48. Level Fish
    49. Groundfish
    50. Salmonids
    51. Fish
    52. Pelagic
    53. North America Seafood Market, BY Seafood Retail (USD Billion)
    54. Surrounding
    55. Frozen
    56. Chilled
    57. North America Seafood Market, BY Seafood Distribution Channel (USD Billion)
    58. Retail
    59. Foodservice
    60. Institutional
    61. Competitive Landscape
    62. Overview
    63. Competitive Analysis
    64. Market share Analysis
    65. Major Growth Strategy in the Seafood Market
    66. Competitive Benchmarking
    67. Leading Players in Terms of Number of Developments in the Seafood Market
    68. Key developments and growth strategies
    69. New Product Launch/Service Deployment
    70. Merger & Acquisitions
    71. Joint Ventures
    72. Major Players Financial Matrix
    73. Sales and Operating Income
    74. Major Players R&D Expenditure. 2023
    75. Company Profiles
    76. North Atlantic Sea Farms
    77. Financial Overview
    78. Products Offered
    79. Key Developments
    80. SWOT Analysis
    81. Key Strategies
    82. Mowi ASA
    83. Financial Overview
    84. Products Offered
    85. Key Developments
    86. SWOT Analysis
    87. Key Strategies
    88. Trident Seafoods Corporation
    89. Financial Overview
    90. Products Offered
    91. Key Developments
    92. SWOT Analysis
    93. Key Strategies
    94. Seafood Harvesters of America
    95. Financial Overview
    96. Products Offered
    97. Key Developments
    98. SWOT Analysis
    99. Key Strategies
    100. AmeriPure Oyster Company
    101. Financial Overview
    102. Products Offered
    103. Key Developments
    104. SWOT Analysis
    105. Key Strategies
    106. Great Atlantic and Pacific Tea Company
    107. Financial Overview
    108. Products Offered
    109. Key Developments
    110. SWOT Analysis
    111. Key Strategies
    112. Eagle Seafood Company
    113. Financial Overview
    114. Products Offered
    115. Key Developments
    116. SWOT Analysis
    117. Key Strategies
    118. Matrix Marine Group
    119. Financial Overview
    120. Products Offered
    121. Key Developments
    122. SWOT Analysis
    123. Key Strategies
    124. High Liner Foods Incorporated
    125. Financial Overview
    126. Products Offered
    127. Key Developments
    128. SWOT Analysis
    129. Key Strategies
    130. Pacific Seafood Group
    131. Financial Overview
    132. Products Offered
    133. Key Developments
    134. SWOT Analysis
    135. Key Strategies
    136. AquaStar
    137. Financial Overview
    138. Products Offered
    139. Key Developments
    140. SWOT Analysis
    141. Key Strategies
    142. Bumble Bee Seafoods, LLC
    143. Financial Overview
    144. Products Offered
    145. Key Developments
    146. SWOT Analysis
    147. Key Strategies
    148. Cooke Aquaculture Inc
    149. Financial Overview
    150. Products Offered
    151. Key Developments
    152. SWOT Analysis
    153. Key Strategies
    154. Stavis Seafoods, LLC
    155. Financial Overview
    156. Products Offered
    157. Key Developments
    158. SWOT Analysis
    159. Key Strategies
    160. Ocean Beauty Seafoods
    161. Financial Overview
    162. Products Offered
    163. Key Developments
    164. SWOT Analysis
    165. Key Strategies
    166. References
    167. Related Reports
    168. North America Seafood Market SIZE ESTIMATES & FORECAST, BY SEAFOOD TYPE, 2019-2035 (USD Billions)
    169. North America Seafood Market SIZE ESTIMATES & FORECAST, BY SEAFOOD RETAIL, 2019-2035 (USD Billions)
    170. North America Seafood Market SIZE ESTIMATES & FORECAST, BY SEAFOOD DISTRIBUTION CHANNEL, 2019-2035 (USD Billions)
    171. PRODUCT LAUNCH/PRODUCT DEVELOPMENT/APPROVAL
    172. ACQUISITION/PARTNERSHIP
    173. MARKET SYNOPSIS
    174. NORTH AMERICA SEAFOOD MARKET ANALYSIS BY SEAFOOD TYPE
    175. NORTH AMERICA SEAFOOD MARKET ANALYSIS BY SEAFOOD RETAIL
    176. NORTH AMERICA SEAFOOD MARKET ANALYSIS BY SEAFOOD DISTRIBUTION CHANNEL
    177. KEY BUYING CRITERIA OF SEAFOOD MARKET
    178. RESEARCH PROCESS OF MRFR
    179. DRO ANALYSIS OF SEAFOOD MARKET
    180. DRIVERS IMPACT ANALYSIS: SEAFOOD MARKET
    181. RESTRAINTS IMPACT ANALYSIS: SEAFOOD MARKET
    182. SUPPLY / VALUE CHAIN: SEAFOOD MARKET
    183. SEAFOOD MARKET, BY SEAFOOD TYPE, 2025 (% SHARE)
    184. SEAFOOD MARKET, BY SEAFOOD TYPE, 2019 TO 2035 (USD Billions)
    185. SEAFOOD MARKET, BY SEAFOOD RETAIL, 2025 (% SHARE)
    186. SEAFOOD MARKET, BY SEAFOOD RETAIL, 2019 TO 2035 (USD Billions)
    187. SEAFOOD MARKET, BY SEAFOOD DISTRIBUTION CHANNEL, 2025 (% SHARE)
    188. SEAFOOD MARKET, BY SEAFOOD DISTRIBUTION CHANNEL, 2019 TO 2035 (USD Billions)
    189. 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
    Report Infographic
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    Customer Strories

    “I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.”

    Victoria Milne Founder
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