World’s Top 40 Companies in Live Seafood 2025 Watchlist: Statistical Report (2024–2035)
RELEASE DATE: Sep 2025 Author: Spherical InsightsRequest Free Sample Speak to Analyst
Description
According to a research report published by Spherical Insights & Consulting, The Global Live Seafood Market Size is projected to Grow from USD 62.9 Billion in 2024 to USD 124.8 Billion by 2035, at a CAGR of 6.43% during the forecast period 2025–2035. The market for Live Seafood is growing demand due to Growth in export markets, rising consumer demand for fresh products, technological developments in transportation and storage, rising seafood consumption, and increased industry profitability and innovation.
Introduction
The term Lives Seafood Market Size describes a market within the larger seafood market that specializes in the distribution and sale of live aquatic animals, such as fish, crabs, mollusks, and other marine species. The live seafood market serves customers value authenticity, quality, and freshness, and frequently look for live fish for commercial, cultural, or culinary applications. The goal of the intricate supply chain, which includes harvesting, shipping, storing, and retail, is to keep the seafood viable and fresh until it is sold. Growing customer demand for fresh, premium seafood products that retain their flavor and nutritional content is fueling the live seafood market's continuous growth. The rising demand for live fish and shellfish, as well as the rising consumption of food labeled as sustainable and healthful, are driving the live seafood market.
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Live Seafood Market Size & Statistics
- The Market Size for Live Seafood Was estimated to be worth USD 62.9 Billion in 2024.
- The Market Size is going to Expand at a CAGR of 6.43% between 2025 and 2035.
- The Global Live Seafood Market Size is anticipated to reach USD 124.8 Billion by 2035.
- Asia Pacific is expected to generate the highest demand during the forecast period in the Live Seafood Market
- North America is expected to grow the fastest during the forecast period in the Live Seafood Market.
Regional growth and demand
North America is expected to grow the fastest during the forecast period in the live seafood market.
North America's rapid rise is mostly due to growing consumer demand for sustainable, high-quality, and fresh seafood items, as well as growing health consciousness. The demand for live seafood in restaurants and specialty market is rising as a result of the growing food service sector, especially in urban areas. Furthermore, improvements in transportation and cold chain logistics have increased the quantity and quality of live fish available throughout the region.
Asia Pacific is expected to generate the highest demand during the forecast period in the live seafood market.
The Asia-Pacific region benefits from a deeply ingrained cultural taste for live and fresh fish, especially in Southeast Asian countries, China, Japan, and South Korea, where seafood is a staple cuisine. The demand for premium, high-protein live seafood products is also being driven by consumer health consciousness, expanding urbanization, and rising disposable incomes. Additionally, government programs supporting export-oriented aquaculture and sustainable fishing methods boost the local economy.
Top 10 Trends in the Live Seafood Market
- Plant-Based & Lab-Grown Alternatives
- Precision Aquaculture & Smart Farming
- Urban Aquaculture
- Growth in the Shrimp Market
- Clean Labeling & Traceability
- Data-Driven Supply Chains
- Novel Protein Sources
- Technological Integration
- Focus on Sustainability
- Global Market Growth
1. Plant-Based & Lab-Grown Alternatives
A major trend, driven by sustainability goals, plant-based seafood offers options for vegans and flexitarians, while lab-grown alternatives are poised to enter the market to reduce reliance on wild catch and traditional farming.
2. Precision Aquaculture & Smart Farming
The adoption of sensors, data analytics, and automated systems allows for real-time monitoring and optimized conditions in aquaculture, improving fish health and water quality.
3. Urban Aquaculture
This trend focuses on developing smaller, localized aquaculture systems, often within urban settings, to reduce the environmental impact of long-distance transport and make seafood more accessible.
4. Growth in the Shrimp Market
Shrimp remains a dominant and fast-growing sector in the global seafood market, with innovations in farming and a strong export market.
Empower your strategic planning:
Stay informed with the latest industry insights and market trends to identify new opportunities and drive growth in the Live Seafood market. To explore more in-depth trends, insights, and forecasts, please refer to our detailed report.
Top 10 Companies Leading the Live Seafood Market
- Maruha Nichiro
- Mowi
- Sysco
- Thai Union Group
- Nippon Suisan Kaisha (Nissui)
- Austevoll Seafood ASA
- Mitsubishi Corporation
- Agrosuper S.A
- Bolton Group SRL
- Toyosu Market
- Others
1. Maruha Nichiro
Headquarters: Japan
Maruha Nichiro is involved with the seafood market, but not as a single "live seafood market." Instead, the company is a vertically integrated global seafood corporation that engages in fishing, aquaculture, processing, trading, and distribution of both fresh and frozen seafood, including high-quality products for mass retailers, and utilizes its extensive network to deliver seafood from source to market.
2. Mowi
Headquarters: Norway
Mowi is not primarily a live seafood market but rather a fully integrated global seafood company, with a focus on salmon farming and processing that makes its products available to consumers. While they don't sell live fish directly in live markets, Mowi products are found in various retail markets, restaurants, and through online seafood platforms that deliver fresh products to consumers.
3. Sysco
Headquarters: U.S.
Sysco is not known for operating within the live seafood market directly; instead, it is a global food distribution company that primarily serves the foodservice industry, including restaurants, schools, and hospitals. While Sysco may provide processed or frozen seafood products, its core business model involves supplying a wide range of food products to businesses rather than selling live seafood to consumers.
4. Thai Union Group
Headquarters: Thailand
Thai Union Group does not operate in the live seafood market; it is a global leader in processed seafood, focusing on shelf-stable products like canned tuna, as well as processed shrimp and salmon. The company is committed to sustainability through its SeaChange sustainability program and has a global presence, with a focus on growing markets in Asia.
Are you ready to discover more about the Live Seafood market?
The report provides an in-depth analysis of the leading companies operating in the global Live Seafood market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:
Company Profiles
- Maruha Nichiro
- Business Overview
- Company Snapshot
- Products Overview
- Company Market Share Analysis
- Company Coverage Portfolio
- Financial Analysis
- Recent Developments
- Merger and Acquisitions
- SWOT Analysis
- Mowi
- Sysco
- Thai Union Group
- Nippon Suisan Kaisha (Nissui)
- Austevoll Seafood ASA
- Mitsubishi Corporation
- Agrosuper S.A
- Bolton Group SRL
- Toyosu Market
- Others
Conclusion
The Live Seafood Market Size is experiencing robust growth, driven by a global consumer preference for fresh, high-quality, and authentic products. This demand is particularly strong in Asia Pacific, where live seafood is a deeply ingrained part of cultural and culinary traditions, and in North America, where a growing health-conscious population is seeking fresh, sustainable options. The industry's expansion is supported by technological advancements in cold chain logistics, transportation, and precision aquaculture, which ensure the viability and freshness of the products. While the market faces some challenges from the rise of plant-based and lab-grown alternatives, the continued emphasis on freshness, premium quality, and a cultural appreciation for live seafood keeps the market on a strong growth trajectory.
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