According to IMARC Group’s latest report, titled. “Organic Seafood Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, The global organic seafood market exhibited moderate growth during 2015-2020. Organic seafood refers to the aquaculture-based food products produced without the use of chemical fertilizers, antibiotics and pesticides. Under organic aquaculture, aquatic animals are reared on natural supplements under humane and hygienic conditions. In recent years, the demand for organic seafood has escalated with the expanding organic aquaculture sector based on the optimization of nutritional content, food quality and productivity of resources.
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With the rising foodborne illnesses in conventionally produced seafood products, there has been an increasing demand for organic seafood worldwide. The growing awareness about the benefits of a protein-rich diet has also encouraged consumers to opt for organic seafood products. Besides this, various incentives and policies implemented by several governmental bodies to promote organic fish farming practices have also contributed to the market growth. Organic seafood is also gaining traction all across the globe due to the increasing adoption of responsible and sustainable aquaculture practices. Looking forward, IMARC Group expects the global organic seafood market to grow at a CAGR of 5.8% during 2021-2026.
As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape with Key Players:
Organic Seafood Market Segmentation:
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