Market Insights Consumer Food Fish & Seafood

Fresh Seafood - Denmark

Denmark

Revenue in the Fresh Seafood market amounts to €81.60m in 2024. The market is expected to grow annually by 2.56% (CAGR 2024-2029).
In global comparison, most revenue is generated in the United States (€11,140m in 2024).
In relation to total population figures, per person revenues of €13.74 are generated in 2024.
In the Fresh Seafood market, volume is expected to amount to 1.81m kg by 2029. The Fresh Seafood market is expected to show a volume growth of 0.2% in 2025.
The average volume per person in the Fresh Seafood market is expected to amount to 0.3kg in 2024.

Key regions: South Korea, Canada, China, Japan, United States

Mercado

Región

Comparación de regiones

Moneda

Analyst Opinion

The Fresh Seafood Market in Denmark's Fish & Seafood Market within The Food market has seen minimal growth due to a combination of factors, including limited consumer awareness and the convenience of traditional brick-and-mortar seafood markets. However, with increasing adoption of online ordering and delivery options, this market is poised for potential growth in the near future.

Customer preferences: In Denmark, consumers are increasingly prioritizing sustainable and ethically sourced seafood, leading to a surge in demand for locally caught and certified seafood products. This trend is driven by a growing awareness of environmental impact and a desire for transparency in the supply chain. Additionally, there is a shift towards more convenient and healthy meal options, with a focus on fresh and unprocessed seafood as a key component of a balanced diet. This is influenced by the country's strong fishing and maritime culture, as well as a growing interest in clean eating and wellness.

Trends in the market: In Denmark, the Fresh Seafood Market within the Fish & Seafood Market is experiencing a surge in demand for sustainably sourced seafood products. This trend is being driven by consumer awareness and demand for ethically and environmentally responsible food options. Additionally, there is a growing trend of online ordering and delivery services for seafood, providing convenience and accessibility for consumers. These trends suggest a shift towards more conscious and convenient consumption patterns in the industry. This has significant implications for stakeholders, as they must adapt to meet these changing consumer demands and capitalize on the opportunities presented by the growing online market. Companies that prioritize sustainability and offer online services are likely to see continued success and growth in the Fresh Seafood Market.

Local special circumstances: In Denmark, the Fresh Seafood Market is heavily influenced by its geographical location as a coastal country. This enables the market to have access to a wide variety of fresh seafood, including herring, salmon, and cod. Moreover, the Danish culture places a strong emphasis on sustainability and ethical fishing practices, driving the demand for responsibly sourced seafood. Additionally, strict regulatory standards for food safety and traceability ensure that consumers have access to high-quality seafood products. These unique factors contribute to the dynamic and thriving Fresh Seafood Market in Denmark.

Underlying macroeconomic factors: The Fresh Seafood Market of the Fish & Seafood Market within The Food market in Denmark is heavily influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other financial indicators. Denmark has a strong economy and a stable political system, which provides a conducive environment for the growth of the seafood market. The country has a well-developed infrastructure and a highly skilled labor force, which allows for efficient production and distribution of fresh seafood products. Additionally, Denmark's favorable regulatory environment and investments in sustainable fishing practices contribute to the growth of the market. The increasing demand for healthy and sustainable food options, combined with the country's strong focus on environmental sustainability, further drives the growth of the Fresh Seafood Market in Denmark.

Methodology

Data coverage:

The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).

Modeling approach:

Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.

Forecasts:

In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:

The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.