![\"seafood](\"https:\/\/www.seafood-harvest.com\/wp-content\/uploads\/2020\/09\/Seafood-News-11.jpg\")
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Amid the COVID-19 crisis, the global market for aquaculture estimated at US$113.2 billion<\/span> in the year 2020, is projected to reach a revised size of US$138.7 billion<\/span> by 2027, according to this seafood market report<\/a>. That doesn’t suck (except for the pandemic part, of course).<\/p>\n Ground Fish<\/a>, one of the segments analyzed in the report, is projected to reach US$37.3 Billion<\/span> by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Pelagics segment is readjusted to a revised 3.6% CAGR for the next 7-year period.<\/p>\n The Seafood market in the U.S. is estimated at US$6.3 Billion<\/span> in the year 2020. China<\/span>, the world`s second largest economy, is forecast to reach a projected market size of US$53.5 Billion<\/span> by the year 2027 trailing a CAGR of 3.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan<\/span> and Canada<\/span>, each forecast to grow at 1.3% and 2.1% respectively over the 2020-2027 period. Within Europe<\/span>, Germany<\/span> is forecast to grow at approximately 1.6% CAGR.<\/p>\n In the global Tuna segment, USA<\/span>, Canada<\/span>, Japan<\/span>, China<\/span> and Europe<\/span> will drive the 2.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$7.9 Billion<\/span> in the year 2020 will reach a projected size of US$9.5 Billion<\/span> by the close of the analysis period.<\/p>\n China<\/span> will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia<\/span>, India<\/span>, and South Korea<\/span>, the market in Asia-Pacific<\/span> is forecast to reach US$41.2 Billion<\/span> by the year 2027, while Latin America<\/span> will expand at a 2.4% CAGR through the analysis period.<\/p>\n Want to see the rest of the details in this seafood industry report? Click here.<\/a><\/p>\n Amid the COVID-19 crisis, the global market for aquaculture estimated at US$113.2 Billion in the year 2020, is projected to reach a revised size of US$138.7 billion by 2027<\/p>\n","protected":false},"author":5,"featured_media":7346,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[70],"tags":[67,206,553,554,80,555,114],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.seafood-harvest.com\/index.php\/wp-json\/wp\/v2\/posts\/7343"}],"collection":[{"href":"https:\/\/www.seafood-harvest.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.seafood-harvest.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.seafood-harvest.com\/index.php\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.seafood-harvest.com\/index.php\/wp-json\/wp\/v2\/comments?post=7343"}],"version-history":[{"count":3,"href":"https:\/\/www.seafood-harvest.com\/index.php\/wp-json\/wp\/v2\/posts\/7343\/revisions"}],"predecessor-version":[{"id":7347,"href":"https:\/\/www.seafood-harvest.com\/index.php\/wp-json\/wp\/v2\/posts\/7343\/revisions\/7347"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.seafood-harvest.com\/index.php\/wp-json\/wp\/v2\/media\/7346"}],"wp:attachment":[{"href":"https:\/\/www.seafood-harvest.com\/index.php\/wp-json\/wp\/v2\/media?parent=7343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.seafood-harvest.com\/index.php\/wp-json\/wp\/v2\/categories?post=7343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.seafood-harvest.com\/index.php\/wp-json\/wp\/v2\/tags?post=7343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The U.S. Aquaculture Market is Estimated at $6.3 Billion<\/span>, While China is Forecast to Grow at 3.7% CAGR<\/h2>\n
Tuna Segment to Record 2.8% CAGR<\/h2>\n
![\"seafood](\"https:\/\/www.seafood-harvest.com\/wp-content\/uploads\/2021\/07\/Untitled.jpg\")
<\/p>\n\n\nPhoto by Quang Nguyen Vinh<\/a><\/strong> from Pexels<\/a><\/strong><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"