Article -> Article Details
| Title | Russia Fish & Seafood Market Size and Share Report with Growth Projections 2025 |
|---|---|
| Category | Business --> Food and Related |
| Meta Keywords | Russia Fish & Seafood Market |
| Owner | Vicky |
| Description | |
| Russia Fish & Seafood Market Forecast by 2033 Market Size in 2024: USD 30.9 Billion The Russia fish & seafood market reached USD 30.9 billion in 2024 and is expected to expand to USD 41.5 billion by 2033, growing at a CAGR of 3.33% during 2025-2033. This growth is driven by rising consumer demand for healthier diets, increasing aquaculture investments, and the expansion of retail and foodservice channels across the country. Growth Drivers of the Russian Fish & Seafood Market Rising Consumer Demand for Healthy Diets Healthiness is a growing consideration for Russian food consumers. Fish and other seafood products make a good source of protein replacements. Fish and seafood have a wealth of omega-3 fatty acids, proteins and vitamins, so they are commonly considered good for heart health and general well-being. The 2024 survey studied households within urban areas. It reported that more than 60% had increased seafood consumption as part of a healthy diet. This has been supported by global health promotion campaigns and the increased attention to seafood consumption and its health benefits in the Russian Federation. Demand for fish and seafood products is likely to increase in coming years on account of increased awareness of health benefits. Expansion of Aquaculture and Domestic Production Aquaculture has risen in importance in Russia's seafood industry it replaces imports and is a reliable local fish source. The Russian government heavily invests in aquaculture infrastructure with subsidies and grants to improve how people produce fish. Inarctica, one of the largest salmon producers within Russia, built a $47 million salmon and trout smolt plant in Karelia in August 2024. It will produce 6 million salmon and trout fry a year. This will further strengthen domestic production and help to deal with problems like overfishing globally. Increasing aquaculture fish production would permit Russia to increase its position in world seafood markets. Growth of Retail and Foodservice Channels There are efforts being made to improve the availability of seafood in retail and foodservices. New shelf space is being allocated to fresh and frozen seafood in supermarkets and independent seafood shops in cities. The share of online seafood sales is also increasing because consumers prefer the convenience and diversity. Demand has also grown in the HoReCa (hotels, restaurants and cafes) sector as a response to consumer preference for increased seafood availability. The increased market availability and appeal of seafood in retail and food service establishments is driving market growth. Request a Sample Report for More Insights: https://www.imarcgroup.com/russia-fish-seafood-market/requestsample Russia Fish & Seafood Market Segmentation Analysis by Product
Analysis by Form
Analysis by Distribution Channel
Analysis by Region
Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players. Russia Fish & Seafood Market News:
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization. About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. | |