The global sea bass and sea bream market grew at a 5% CAGR from 2015-2020 and is expected to continue growing moderately through 2026, driven by seafood industry expansion.
According to the latest report by IMARC Group, titled “Sea Bass & Sea Bream Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the global sea bass and sea bream market grew at a CAGR of around 5% during 2015-2020. Looking forward, IMARC group expects the global sea bass and sea bream market to grow moderately during 2021-2026. Sea bass is a coastal species of fish that resides in the shallow ends of the Black Sea, Mediterranean coasts, and the Atlantic Ocean. Sea bream, on the other hand, is a marine and benthic fish found in the freshwaters of the Red Sea, Eastern Atlantic Ocean, Mediterranean Sea and the Canary Islands. They are seafood delicacies commercially available as canned, fresh and frozen. These species are rich in protein, magnesium, omega-3 fatty acids, phosphorous, selenium, and vitamin B6.
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Global Sea Bass & Sea Bream Market Trends:
The global sea bass and sea bream market is majorly being driven by a significant expansion in the seafood industry and the rising export activities across the globe. In line with this, the increasing consumption of convenient food products is further catalyzing the market growth. Additionally, the rising prevalence of foodborne illnesses has led market players to introduce organic product variants, which is supporting the market growth. Moreover, the rapid establishment of quick-service restaurants (QSRs) and seafood-based eateries is acting as another growth-inducing factor.
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Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Breakup by Type:
Breakup by Size:
Breakup by Packaging Form:
Breakup by End User:
Breakup by Region:
Key highlights of the Report:
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The article discusses the global market trends, growth, and forecast for sea bass and sea bream from 2021 to 2026.
The market is driven by the expansion of the seafood industry and rising export activities.
Sea bass and bream are rich in protein, omega-3 fatty acids, and essential vitamins and minerals.
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