Sea Bream Market to Hit US$ 1 Bn Mark in 2026
The worldwide consumption of sea breams has been growing on the back of increasing consumers’ preference for low-fat high-protein products across the food industry. With the prominence of the aquaculture and animal feed & pet food industries globally, the global sea breams market will cross the US$1 Bn mark in 2026. This FMI study forecasts 1.8X expansion in the market between 2019 and 2029.
Frequently asked questions about global sea bream market
Which factor predominantly assists the increase in sea bream consumption?
Manufacturers are witnessing higher demand for sea bream compared to other sea food products. Whether for preparing seafood at home or while placing order in restaurants, people are opting for sea bream against other sea foods. This factor is particularly assisting the growth of global sea bream market.
Which form of sea bream will record the highest sales in the next five years?
The processed form of sea bream will continue witnessing impressive growth and hold the leading market share. Rising number of working professionals and the increasing demand for processed food because of its convenience will aid the growth of this segment.
What is future prospect for white bream?
In the current scenario, gilt-head bream holds the major share in the sea bream market. However, it is forecast that in the following years, white bream from the sea bream market will show higher growth compared to other types of sea bream due to its rising demand on account of its different health benefits.
Which application area will offer the most lucrative growth opportunities for sea bream market?
Sea bream market earns major share of revenue from the foodservice industry due to seam bream’s increasing applications in various food products. Sea bream is less costly than other sea foods, which pushes its use in the foodservice industry. Growth of animal feed and pet food industries would also support market growth.
How does the regional scenario of sea bream market look like?
The global sea bream market is highly organized in developed regions such as Europe and North America. However, the market is developing steadily in developing regions such as Latin America, East Asia, and South Asia. Europe however is currently the leading shareholder in global sea bream market.
Will declining price of gilt-head bream affect the future trajectory of the sea bream market?
Yes, the price of gilt-head bream has remained relatively stagnant as compared to other sea bream types such as white bream and pandora bream. However, sales will get significantly influenced by the production of ‘gilt-head bream’ in the Europe sea bream market.
Conventional Sea Breams Hold Nearly 75% Market Share
By the end of 2019, nearly 3/4th of sea bream market revenues were accounted by conventional sea breams. However, the demand growth for organic sea breams is growing at a healthy pace owing to benefits such as low fat content, low liver lipid content, and high hepatosomatic index, over their conventional counterparts. The demand growth is further driven by the accelerating shift towards organic products and the study emphasizes notable spike in organic sea bream revenues in 2023.
North America to Surpass Europe
Rising awareness about the health benefits of consuming sea breams including, red breams, and black breams, is responsible for Europe’s hegemony in the global sea bream market. Significant expansion of veganism and escalating per capita fish consumption in countries - Norway, and Spain - will remain the primary drivers to Europe’s market that currently accounts for over a third revenue share. However, towards the end of the forecast period, the North American market is expected to surpass the market in Europe owing to surging consumption of seafood as snacks. Further, the market in South Asia & Pacific and Latin America is offering opportunistic growth potential due to less regulation interference in the aquaculture farming.
* This data is only a representation. Actual data may vary and will be available in report.
Leveraging E-Retail Channels for Bigger Margins
Witnessing the burgeoning e-retail ecosystem, manufacturers are distributing their offerings via established e-retailing platforms such as Alibaba, and Amazon. Despite a relatively lower revenue generation, fast-paced development of integrated e-retailing platforms and logistics, improvements in the online buying experience for consumers, and a wider range of online payment systems, are expected to boost the growth of the global sea breams market in the coming years.
Conventional products hold massive market share
Demand for organic sea bream to rise rapidly
Gilt-head bream remains highly preferred
Demand for black bream to gain momentum
Maximum revenue generated through food service provider
Consumption in food processing industry on dramatic surge
Maximum sales via B2B
Sales through B2C to pick pace
How Growth will Unfold
Sea bream’s worth about US$ 221 Mn were consumed by foodservice sector in 2018, which accounts for over a third revenue share of the sea bream market. While maximum revenues will be generated via the foodservice providers, food processing industry is also anticipated to emerge as a predominant consumer of sea breams in the near future. Further, this report reveals lucrative sales opportunities through the animal and pet food industry.
* This data is only a representation. Actual data may vary and will be available in report.Click Here To Know How The Growth Will Unfold
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Sea Bream Market: Global Industry Analysis 2014-2018 & Opportunity Assessment 2019-2029
A recent market study published by Future Market Insights on the Sea Bream market offers global industry analysis for 2014-2018 & opportunity assessment for 2019-2029. The study offers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical, as well as current growth parameters, the growth prospects of the market are obtained with maximum precision.
Sea Bream Market Taxonomy
The global Sea Bream market is segmented in detail to cover every aspect of the market and present complete market intelligence to readers.
- Red Bream (Red Porgy)
- Gilt-head Bream
- Black Bream
- Pandora Bream
- White Bream
- Store-Based Retailing
- Fish Mongers
- Local Market
- Online Retailing
- Store-Based Retailing
- North America
- Latin America
- East Asia
- South Asia
- Middle East and Africa
The executive summary of the sea bream market includes the market country analysis, proprietary wheel of fortune, demand-side and supply-side trends, opportunity assessment, and recommendations on the global sea bream market.
Readers can find the detailed segmentation and definition of the sea bream market in this chapter, which will help them understand basic information about the sea bream market. This section also highlights the inclusions and exclusions, which help the reader understand the scope of the sea bream market report.
The associated industry assessment of the sea bream market is carried out in this section. The macroeconomic factors affecting growth of the sea bream market are provided in this section and the impact of these macroeconomic indicators on the sea bream market is analyzed. The processing overview and technological advancements in the sea bream market is also provided.
Profit margins at each level of the sea bream market are analyzed and readers can find detailed information on top importers and exporters as well as the value chain of the market.
The drivers and restraints impacting the growth of the sea bream market are explained in this chapter. Opportunities and ongoing trends in the sea bream market are also comprehensively discussed.
This chapter includes detailed analysis of the historical sea bream market (2014-2018), along with an opportunity analysis for the forecast period (2019-2029). Readers can also find the absolute $ opportunity for the current year (2019 - 2020) and incremental opportunity for the forecast period (2019-2029).
Based on Nature, the sea bream market is segmented into organic and conventional. This section also offers market attractiveness analysis based on nature.
Based on product type, the sea bream market is segmented into red bream (red porgy), gilt-head bream, black bream, pandora bream, white bream and others. In this chapter, readers can find information about key trends and developments in the sea bream market and market attractiveness analysis based on raw material.
Based on Form, the sea bream market is segmented into fresh and processed. Under processed it is further segmented as frozen and canned. This section also offers market attractiveness analysis based on form.
This chapter provides details about the sea bream market on the basis of end-use, and has been classified into food processing industry, food service provider, retail/household, and animal feed and pet food industry. In this chapter, readers can understand market attractive analysis based on end-use.
This chapter provides details about the sea bream market on the basis of distribution channel, and has been classified into B2B and B2C. In this chapter, readers can understand market attractive analysis based on distribution channel.
This chapter explains how the Sea Bream market is anticipated to grow across various geographic regions such as North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa.
This chapter includes a detailed analysis of the growth of the sea bream market in the North America region, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find regional trends, regulations, and market growth based on end users and countries in the North America region.
Readers can find detailed information about several factors, such as the pricing analysis and regional trends, which are impacting growth of the sea bream market in the Latin America region. This chapter also includes growth prospects of the Sea Bream market in leading LATAM countries such as Brazil, Mexico, Argentina, Chile and the Rest of Latin America.
Important growth prospects of the sea bream market based on its end users in several countries such as EU-4, U.K, BENELUX, NORDIC, Russia, Poland, Greece, and Rest of Europe are included in this chapter.
Important growth prospects of the sea bream market based on its end users in several countries such as India, Thailand, Indonesia, Malaysia, Singapore, and rest of South Asia are included in this chapter.
This chapter includes a detailed analysis of the growth of the Sea Bream market in the East Asia region, along with a country-wise assessment that includes, china, Japan, and South Korea. Readers can also find regional trends, regulations, and market growth based on end users and countries in the East Asia region.
This chapter offers insights into how the sea bream market is expected to grow in Oceania regions, along with a country-wise assessment that includes Australia and New Zealand during the forecast period of 2019-2029.
This chapter offers insights into how the sea bream market is expected to grow in major countries in the MEA region such as GCC Countries, Turkey, South Africa, and the Rest of MEA, during the forecast period 2019-2029.
In this chapter, readers can find detailed information about tier analysis and market concentration of the key players in the Sea Bream market along with their market presence analysis by region and product portfolio.
In this chapter, readers can find a comprehensive list of leading manufacturers in the Sea Bream market, along with detailed information about each company, which includes company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Selonda Aquaculture SA, Ozsu Fish UK Ltd., DEFNE-TUR SU URUNLERI LTD. STI., TOKAI SEAPRO Co., Ltd., BITSAKOS AQUACULTURE S.A., Van der Lee Seafish BV, Argosaronikos S.A., Kemal Bal?kç?l?k, Corfu Sea Farm S.A., NHL Fresh Fish, ?LKNAK SU ÜRÜNLER? SAN VE T?C A.?., Luckyfish Co., Seawave Fisheries Ltd, PENTA SU URUNLERI A.S., Hanswati Export Pvt. Ltd and others.
This chapter includes a list of acronyms and assumptions that provide a base to the information and statistics included in the sea bream report.
This chapter helps readers understand the research methodology followed to obtain various conclusions, as well as important qualitative and quantitative information, on the sea bream market.
How the research was conducted?
- C - Level Executives
- Marketing Directors
- Sales Heads
- Production Managers
- Distributors Heads
- Sales Executives
- Product Manufacturers
- Industry Experts
- End Users
- Current Market Dynamics and Challenges
- Market Characteristics
- Market Performance and Growth Quadrants
- Competition Structure and Market Structure
- Strategic Growth Initiatives
- Near-term and Long-term Market Growth Prospects
- Market Segment Splits and Authenticity
- Opinions on Market Projections and Validity Of Assumptions
- Industry Publications
- Industrial Week
- Industrial Product Review
- Industrial Magazine
- Industry Associations
- Dieticians Association
- Food and Agriculture Organization
- American Dairy Association
- Company Press Releases
- Annual Reports and Investor Presentations
- Research Papers
- Government Websites and Publications
- Trade Websites
Primary Interview Splits