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Squid Market Share

Report ID: GMI6989
Published Date: Oct 2023
Report Format: PDF

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Squid Market Share

Major companies operating in the squid industry include:

Xiamen Taiseng Seafoods CO., LTD.
Qingdao Seaflying Food Co., Ltd.
Minh Khue Seafood
Thai Union Group
Lee Fishing Company
Pescanova
Holt Seafood
Seaquest Seafood Corporation
Holmes Seafood
Bigsams Seafood
Seafood Pride International
Freshkatch

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Xiamen Taiseng Seafoods & Qingdao Seaflying Foods are dominant players in the market due to their vast product catalogs, variety of squid products and global reach.

Authors: Kunal Ahuja, Himanshu Kabra

Frequently Asked Questions (FAQ) :

The market size of squid reached USD 11.8 billion in 2023 and is set to expand at over 4% CAGR from 2024 to 2032, attributed to its versatility and unique flavor profile.

Fresh squid industry accounted for around 40% of the revenue share in 2022, owing to its increasing preference among consumers in prioritizing the quality and taste in its most natural form.

Asia Pacific market held around 53% of the revenue share in 2022, due to the ongoing partnerships and integrations among the regional players.

Some well-known firms are Xiamen Taiseng Seafoods CO., LTD., Qingdao Seaflying Food Co., Ltd., Minh Khue Seafood, Thai Union Group, Lee Fishing Company, Pescanova, Holt Seafood, Seaquest Seafood Corporation Holmes Seafood Bigsams Seafood, Seafood Pride International, and Freshkatch.