Market Overview:
The global sea bass market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for seafood, increasing awareness about the health benefits of consuming sea bass, and growing popularity of sea bass among consumers. The global sea bass market is segmented on the basis of type into fresh and processed. The fresh segment is further sub-segmented into whole fish and fillets. The processed segment is further sub-segmented into frozen, canned, and smoked products. On the basis of application, the market is divided into supermarkets, convenience stores, and online stores. Geographically, the global sea bass market has been analyzed across North America (U.S., Canada), Latin America (Mexico), Europe (U.K., Germany), Asia Pacific (China Japan India) Middle East & Africa (South Africa).
Product Definition:
Sea Bass is a common name for fish in the family Serranidae. The term sea bass can also refer to any of numerous other fish species, such as the white seabass.
Fresh Sea Bass:
Fresh sea bass or dolphinfish is a species of saltwater fish. It is also known as striper in North America and Australia. Fresh sea bass has the ability to maintain its body temperature at a higher rate, which makes it an active thermoperiodical species.
Processed Sea Bass:
Processed sea bass is a type of fish that is either farmed or captured in the wild and its diet consists of fish oil. It has been found to be more nutritious than traditional meat products such as beef and pork. The product also contains omega 3 fatty acids which help in reducing cholesterol levels, blood pressure, coronary heart diseases, depression and anxiety among other health related issues.
Application Insights:
The market is segmented by application into a supermarket, convenience store, and online store. The supermarkets held the largest share of over 70% in 2017. The key factor contributing to this large share was the presence of various seafood brands under its roof that sold sea bass along with other products such as lobsters, crabs and oysters. Moreover, increasing number of hypermarkets & supermarkets across countries such as China India & Brazil has also driven demand for processed sea basses from these stores which are available at lower prices than restaurants or fine dining venues.
The growing popularity of e-commerce platforms has led to an increase in sales through online stores owing to easy access to customers¢â‚¬â„¢ homes countrywide coupled with ease in delivery services offered by these stores around the clock have been driving demand for fresh and frozen products including sea basses from online retailers across countries worldwide including China Japan Singapore Thailand Vietnam among others.
Regional Analysis:
Asia Pacific dominated the global sea bass market in 2017. The region is expected to witness a CAGR of XX% from 2018 to 2030 owing to increasing consumption of seafood in countries such as China and Japan. Furthermore, rising disposable income levels are anticipated to fuel the demand for premium seafood products, thereby driving growth across this region.
North America accounted for a significant share of the overall revenue in 2017 due to high consumer awareness regarding health benefits associated with certain species of fish and their products. Moreover, growing trend towards healthy diet among consumers is likely boost product demand across this region during the forecast period.
The European market was valued at USD X million in 2017 and is projected to expand at a CAGR exceeding 3% from 2018to 2030 owing its large production area dedicated for cultivation especially around Norway which accounts for more than 80% production worldwide along with other countries such as Iceland (90%) and Faroe Islands (40%).
Growth Factors:
- Increasing demand for sea bass in the global food market as a healthy and nutritious seafood option.
- Rising awareness of the health benefits of consuming sea bass, which has led to an increase in its demand as a premium seafood product.
- The increasing popularity of sushi and other Japanese cuisine, which has helped to drive up demand for sea bass worldwide.
- The growing popularity of aquaculture as a sustainable source of seafood, providing opportunities for growth in the production and consumption of sea bass globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sea Bass Market Research Report
By Type
Fresh Sea Bass, Processed Sea Bass
By Application
Supermarket, Convenience Store, Online Store
By Companies
Selonda Aquaculture, Laco AS, American Seafoods Group, Vinh hoan, Bien Dong Seafood, Polar Seafood, Scanfish Danmark
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Sea Bass Market Report Segments:
The global Sea Bass market is segmented on the basis of:
Types
Fresh Sea Bass, Processed Sea Bass
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarket, Convenience Store, Online Store
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Selonda Aquaculture
- Laco AS
- American Seafoods Group
- Vinh hoan
- Bien Dong Seafood
- Polar Seafood
- Scanfish Danmark
Highlights of The Sea Bass Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fresh Sea Bass
- Processed Sea Bass
- By Application:
- Supermarket
- Convenience Store
- Online Store
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sea Bass Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sea bass is a type of fish that is typically found in salt water. It can be either white or black and has a smooth, sleek body.
Some of the major players in the sea bass market are Selonda Aquaculture, Laco AS, American Seafoods Group, Vinh hoan, Bien Dong Seafood, Polar Seafood, Scanfish Danmark.
The sea bass market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sea Bass Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sea Bass Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sea Bass Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sea Bass Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sea Bass Market Size & Forecast, 2020-2028
4.5.1 Sea Bass Market Size and Y-o-Y Growth
4.5.2 Sea Bass Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Fresh Sea Bass
5.2.2 Processed Sea Bass
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarket
6.2.2 Convenience Store
6.2.3 Online Store
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sea Bass Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sea Bass Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Fresh Sea Bass
9.6.2 Processed Sea Bass
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarket
9.10.2 Convenience Store
9.10.3 Online Store
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Fresh Sea Bass
10.6.2 Processed Sea Bass
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarket
10.10.2 Convenience Store
10.10.3 Online Store
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Fresh Sea Bass
11.6.2 Processed Sea Bass
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarket
11.10.2 Convenience Store
11.10.3 Online Store
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Fresh Sea Bass
12.6.2 Processed Sea Bass
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarket
12.10.2 Convenience Store
12.10.3 Online Store
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Fresh Sea Bass
13.6.2 Processed Sea Bass
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarket
13.10.2 Convenience Store
13.10.3 Online Store
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sea Bass Market: Competitive Dashboard
14.2 Global Sea Bass Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Selonda Aquaculture
14.3.2 Laco AS
14.3.3 American Seafoods Group
14.3.4 Vinh hoan
14.3.5 Bien Dong Seafood
14.3.6 Polar Seafood
14.3.7 Scanfish Danmark
