According to the Market Statsville Group (MSG), the Global Organic Seafood Market size is expected to grow at a CAGR of 13.4% from 2023 to 2033.
Organic seafood is produced and harvested under strict organic farming and fishing standards. These standards promote sustainable and environmentally friendly practices, ensuring the well-being of the aquatic ecosystems and seafood. Organic seafood has no synthetic chemicals, antibiotics, or genetically modified organisms in the production process. Instead, farmers and fisheries use natural and holistic methods to maintain water quality, prevent disease, and overall health of the aquatic species. Organic seafood consists of organic feeds, stocking densities, and the implementation of stringent water quality management measures. As United States Department of Agriculture (USDA) and various international organic certification bodies regulate these standards to ensure the implementation of organic labels.
The increasing health consciousness and growing demand for not using antibiotics, synthetic chemicals, and genetically modified organisms (GMOs) in seafood is driving the market’s growth. Also, the concern for overfishing, habitat destruction, and the depletion of marine resources has increased demand for sustainable seafood options which significantly augments the organic seafood market growth. Also, the consumer's demand to know the transparency and traceability of what they consume is another factor that increases the demand for the market. According to the Seafish Organization, in 2020, the surge in COVID-19 buying led to double the sales for frozen seafood products. The ongoing uncertainty surrounding the pandemic prompted consumers to stock up on these items, ensuring their pantries and freezers were full which significantly increased the demand for organic seafood market.
Based on treatment, the market is divided into organic fish, organic shrimp, organic shellfish, and others. In the organic seafood market, the organic fish segment dominated the market share in 2023. Aquaculture farmers are increasingly adopting organic farming methods to enhance both productivity and the nutritional value of their seafood products, this shift towards organic practices is contributing to market growth. The changing consumer preferences are driving demand for organic fish. As concerns regarding food-borne illnesses, like salmonella and calicivirus, by consuming conventionally farmed fish have led consumers to prefer organic alternatives, thereby boosting the organic fish segment growth. Also, the trend towards protein-rich diets and the rise in consumer disposable incomes boost the market growth over the forecast period. Governments in various countries are taking initiatives to promote organic fish farming by providing educational campaigns, and informing farmers about the advantages of organic farming practices creating a lucrative growth demand for the market.
Based on the regions, the global organic seafood market has been segmented across Europe, North America, Asia-Pacific, South America, and the Middle East & Africa. Europe accounted for the largest market share around 40% in 2023. The Netherlands, Germany, and Belgium are the primary seafood trade hubs in Europe. These three neighboring North-western European nations share coastlines along the North Sea, in conjunction with vital port cities, such as Rotterdam, Hamburg, and Antwerp, which positions them as essential entry points to the wider European region, thereby upsurging the demand for the organic seafood market. the growing consumer education and awareness, Europe’s cultural culinary demand, and consumers prioritizing healthy and nutritious food are the factors contributing to the market’s growth in the region.
The Major key players in the global organic seafood market are:
This market research study categorizes the organic seafood market-based on type, and application area at the regional and global levels.
Frequently Asked Questions
The global organic seafood market has a potential to grow at a CAGR of 13.4% from 2023 to 2033.
The main players involved in the market are SalMars, Lerøy Seafood Group, Cooke Aquaculture, Flakstadvåg laks AS (Brødrene Karlsen Holding AS), Glenarm Organic Salmon, The Irish Organic Salmon Company, AquaChile (Agrosuper), Scottish Salmon Company (Bakkafrost), Creative Salmon, Omarsa S.A, MSeafood Corp, Ristic GmbH, Vinnbio India, Seajoy Group, Dom International Limited, Carribbean Shrimp Company Limited, Artisanfish, Ananda Group, Orchid Marine, Mannin Bay Salmon Limited CURRAUN FISHERIES LIMITED, Bradan Beo Teo, among others.
The organic seafood market offers opportunities for sustainable, health-conscious consumers but also entails risks related to supply chain integrity, higher production costs, and potential market saturation.
Key trends, innovations, and technological advancements such as blockchain traceability, aquaponics, and eco-friendly packaging are shaping the organic seafood market, driving sustainability, transparency, and efficiency.
Consumers in the organic seafood market exhibit a growing preference for transparency, sustainable sourcing, and health-conscious choices, often favoring online shopping for a wider product range and trusting certifications to guide their purchasing decisions.
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