Prospects have started to look up for the Seafood Retailing industry over the past five years. Increased seafood consumption and rising discretionary incomes have helped the industry regain its feet, after a downturn during the six years through 2010-11, caused by falling seafood consumption and consumer spending. Despite this, industry revenue is projected to post compound annual growth of 1.3% over the five years through 2014-15, to reach $441.2 million.
Rising per capita seafood consumption over the period has stimulated demand and revenue growth over the past five years.
The industry consists of specialised retailers that sell fish, shellfish and molluscs. This seafood can be sold in a natural chilled state, filleted, smoked, salted, curried or in ready-to-eat meals to be cooked at home. This industry excludes the retail sale of seafood by mass retailers, such as supermarkets and department stores.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.