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Seafood Market Size, Share and Forecast 2026-2036

The global seafood market is worth USD 543 bn in 2026 and is forecast to reach USD 844 bn by 2036, growing at a 4.5% CAGR. China is the largest country market and Farmed (aquaculture) is the largest by source segment.

USD 543 bnMarket size 2026
USD 844 bnForecast 2036
4.5%CAGR 2026-2036
ChinaLargest country

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5 segmentation views25 countries2026 to 2036 yearly forecast

Market overview

The global seafood market is worth USD 543 bn in 2026 and is forecast to reach USD 844 bn by 2036, growing at a 4.5% CAGR. China is the largest country market and Farmed (aquaculture) is the largest by source segment.

ScopeFish, crustaceans and molluscs for human consumption, wild-caught and farmed, fresh, frozen, canned and processed, valued at market prices.
IndustryFood and Beverage
Value 2025USD 520 bn
Value 2026USD 543 bn
Value 2036USD 844 bn
CAGR 2026-20364.5%
Volume 2026164,729 thousand tonnes
Volume 2036220,431 thousand tonnes
Average price 2026USD 3,299 per tonne
Report priceStarts from USD 1,999
PublishedNovember 2026

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Seafood market size and forecast, 2026-2036

Exhibit 1The global seafood market is forecast to grow from USD 543 bn in 2026 to USD 844 bn by 2036, a rise of 55%Global market value in USD: 2025 base year, 2026 estimate and forecast to 2036. CAGR 2026 to 2036: 4.5%
Seafood market value, 2025 to 2036Market value by year. 2025: USD 520 bn; 2026: USD 543 bn; 2027: USD 568 bn; 2028: USD 593 bn; 2029: USD 620 bn; 2030: USD 648 bn; 2031: USD 677 bn; 2032: USD 708 bn; 2033: USD 739 bn; 2034: USD 773 bn; 2035: USD 808 bn; 2036: USD 844 bn. Compound annual growth rate 2026 to 2036: 4.5%.2025543 bn2026677 bn2031844 bn20364.5% CAGR

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

YearMarket value
2026USD 543 bn
2027USD 568 bn
2028USD 593 bn
2029USD 620 bn
2030USD 648 bn
2031USD 677 bn
2032USD 708 bn
2033USD 739 bn
2034USD 773 bn
2035USD 808 bn
2036USD 844 bn

Seafood market segmentation

By source

Exhibit 2Farmed (aquaculture) is the largest segment by source, with 54.0% of 2026 revenueEstimated share of 2026 global revenue, by source
Seafood market share by source, 2026Share of 2026 revenue by source. Farmed (aquaculture): 54.0%; Wild-caught marine: 40.0%; Wild-caught inland: 6.0%.Farmed (aquaculture)54.0%Wild-caught marine40.0%Wild-caught inland6.0%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Farmed (aquaculture)54.0%59.7%USD 293 bn5.6%
Wild-caught marine40.0%34.8%USD 217 bn3.1%
Wild-caught inland6.0%5.5%USD 32.6 bn3.6%

By species

Exhibit 3Fish adds the most revenue by species, growing from USD 364 bn in 2026 to USD 547 bn by 2036Estimated revenue in USD by species, 2026 and 2036 forecast
Seafood market by species, 2026 and 2036Revenue by species in 2026 and 2036. Fish: USD 364 bn in 2026, USD 547 bn in 2036, change +50%; Crustaceans: USD 81.5 bn in 2026, USD 141 bn in 2036, change +73%; Molluscs: USD 76.1 bn in 2026, USD 120 bn in 2036, change +58%; Other aquatic animals: USD 21.7 bn in 2026, USD 35.9 bn in 2036, change +65%.20262036 forecastChangeFish+50%364 bn547 bnCrustaceans+73%81.5 bn141 bnMolluscs+58%76.1 bn120 bnOther aquatic animals+65%21.7 bn35.9 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Fish67.0%64.8%USD 364 bn4.2%
Crustaceans15.0%16.7%USD 81.5 bn5.7%
Molluscs14.0%14.2%USD 76.1 bn4.7%
Other aquatic animals4.0%4.3%USD 21.7 bn5.2%

By product form

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Fresh and chilled36.0%33.0%USD 196 bn3.6%
Frozen34.0%35.0%USD 185 bn4.8%
Canned and preserved12.0%11.0%USD 65.2 bn3.6%
Processed and value-added18.0%21.0%USD 97.8 bn6.1%

By sales channel

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Supermarkets38.0%38.0%USD 206 bn4.5%
Wet markets24.0%20.0%USD 130 bn2.6%
Foodservice24.0%25.0%USD 130 bn4.9%
Online14.0%17.0%USD 76.1 bn6.5%

By sourcing standard

SegmentShare 2026Share 2036Value 2026CAGR 2026-36
Non-certified78.0%68.0%USD 424 bn3.1%
Sustainability-certified14.0%20.0%USD 76.1 bn8.3%
Organic8.0%12.0%USD 43.5 bn8.8%

Top 25 countries for seafood by revenue

Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 66.5% of 2026 revenue and the 25 countries below together hold 89.4%.

Exhibit 4China is the largest country market at USD 174 bn in 2026, and the three largest countries hold 43.0% of global revenueEstimated 2026 revenue in USD and share of the global market, ten largest countries
Seafood market, ten largest countries in 2026Ten largest countries by 2026 revenue. China: USD 174 bn, 32.0%; India: USD 32.6 bn, 6.0%; Japan: USD 27.2 bn, 5.0%; United States: USD 27.2 bn, 5.0%; Indonesia: USD 24.5 bn, 4.5%; Vietnam: USD 19.0 bn, 3.5%; Brazil: USD 16.3 bn, 3.0%; Spain: USD 13.6 bn, 2.5%; Russia: USD 13.6 bn, 2.5%; South Korea: USD 13.6 bn, 2.5%.China174 bn 32.0%India32.6 bn 6.0%Japan27.2 bn 5.0%United States27.2 bn 5.0%Indonesia24.5 bn 4.5%Vietnam19.0 bn 3.5%Brazil16.3 bn 3.0%Spain13.6 bn 2.5%Russia13.6 bn 2.5%South Korea13.6 bn 2.5%

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

#CountryValue 2026Share 2026Value 2036CAGR 2026-36
1ChinaUSD 174 bn32.0%USD 269 bn4.5%
2IndiaUSD 32.6 bn6.0%USD 64.1 bn7.0%
3JapanUSD 27.2 bn5.0%USD 31.2 bn1.4%
4United StatesUSD 27.2 bn5.0%USD 38.0 bn3.4%
5IndonesiaUSD 24.5 bn4.5%USD 41.4 bn5.4%
6VietnamUSD 19.0 bn3.5%USD 35.4 bn6.4%
7BrazilUSD 16.3 bn3.0%USD 27.8 bn5.5%
8SpainUSD 13.6 bn2.5%USD 17.7 bn2.7%
9RussiaUSD 13.6 bn2.5%USD 18.6 bn3.2%
10South KoreaUSD 13.6 bn2.5%USD 20.3 bn4.1%
11ThailandUSD 13.6 bn2.5%USD 37.4 bn10.7%
12PhilippinesUSD 13.6 bn2.5%USD 25.0 bn6.3%
13NorwayUSD 13.6 bn2.5%USD 19.2 bn3.5%
14United KingdomUSD 11.7 bn2.1%USD 15.9 bn3.1%
15GermanyUSD 10.0 bn1.8%USD 13.6 bn3.1%
16FranceUSD 8.8 bn1.6%USD 12.0 bn3.1%
17ItalyUSD 7.9 bn1.4%USD 10.7 bn3.1%
18EgyptUSD 7.2 bn1.3%USD 11.1 bn4.5%
19BangladeshUSD 6.6 bn1.2%USD 10.2 bn4.5%
20MexicoUSD 6.1 bn1.1%USD 8.3 bn3.0%
21TaiwanUSD 5.7 bn1.1%USD 7.8 bn3.1%
22MalaysiaUSD 5.4 bn1.0%USD 7.3 bn3.0%
23CanadaUSD 5.1 bn0.9%USD 6.8 bn3.1%
24ChileUSD 4.8 bn0.9%USD 6.5 bn3.1%
25PeruUSD 4.6 bn0.8%USD 6.2 bn3.0%
Rest of worldUSD 57.5 bn10.6%USD 82.3 bn3.6%
Exhibit 5China and India account for 42% of the USD 300 bn the market is forecast to add by 2036Forecast revenue added between 2026 and 2036 by country, in USD
Seafood market, where the growth to 2036 comes fromRevenue added between 2026 and 2036. Market value 2026: USD 543 bn. China: +USD 95.3 bn; India: +USD 31.5 bn; Thailand: +USD 23.8 bn; Indonesia: +USD 16.9 bn; Vietnam: +USD 16.4 bn; 20 other countries: +USD 91.8 bn; Rest of world: +USD 24.7 bn. Market value 2036: USD 844 bn.Market value 2026543 bnChina+95.3 bnIndia+31.5 bnThailand+23.8 bnIndonesia+16.9 bnVietnam+16.4 bn20 other countries+91.8 bnRest of world+24.7 bnMarket value 2036844 bn

Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.

Competitive landscape

Group 1: Global leaders

  • Mowi
  • Nissui
  • Thai Union Group
  • Maruha Nichiro
  • Cermaq
  • Charoen Pokphand Foods
  • Dongwon Industries
  • Leroy Seafood Group
  • Austevoll Seafood

Group 2: Regional and specialist players

  • Cooke Aquaculture
  • Grieg Seafood
  • SalMar
  • Bumble Bee Foods
  • Pescanova
  • Trident Seafoods
  • High Liner Foods
  • Pacific Seafood
  • Tassal
  • Bolton Group

Group 3: Emerging and niche players

  • Atlantic Sapphire
  • Nordic Aquafarms
  • The Kingfish Company
  • Proximar Seafood

Research methodology

Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the seafood market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.

The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 4.5% is calculated from the resulting values.

The market is divided by source, by species, by product form, by sales channel, by sourcing standard. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.

Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.

Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.

Read the full research methodology

Frequently asked questions

How big is the seafood market?

The global seafood market is estimated at USD 520 bn in 2025 and USD 543 bn in 2026.

How fast will the seafood market grow?

It is forecast to reach USD 844 bn by 2036, a compound annual growth rate of 4.5% from 2026, an increase of USD 300 bn.

Which country is the largest market for seafood?

China is the largest market by revenue at USD 174 bn in 2026, 32.0% of the global total. The three largest countries together hold 43.0%.

Which country is growing fastest?

Among the ten largest markets, India is growing fastest at 7.0% a year from 2026 to 2036.

Which seafood segment is largest?

In the by source split, Farmed (aquaculture) is the largest segment with 54.0% of 2026 revenue.

Who are the leading seafood companies?

Global leaders include Mowi, Nissui, Thai Union Group, Maruha Nichiro.

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