Seafood Broth Market

Seafood broth is a tasty liquid that can be used to create soups, stews, sauces, and gravies. It is prepared by cooking veggies, spices, and seafood. It is frequently made from animal parts that are typically abandoned, like fish bones, heads, tails, and shells. A flavorful mirepoix, which is a combination of finely chopped onions, carrots, and celery, is frequently added to the mixture. After cooling and straining, the liquid is ready to be utilized in a number of recipes. To preserve its light and fresh qualities, it is usually boiled for a shorter amount of time than chicken or beef stock. It can be used in many different dishes, including fish chowder, clam chowder, and different seafood stews.

Market Dynamics:

Increasing acceptance of seafood-based diets will continue to fuel growth of the global seafood broth market over the forecast period. Seafood has less fat than other animal proteins which makes it a popular choice for a healthy protein source. Growing consumer interest in diverse cuisine will also continue to fuel growth of the global seafood broth market over the forecast period. The development of foodservice sector will create new opportunities for the global seafood broth market over the forecast period. The market for seafood broth has a lot of potential in the foodservice sector, which includes eateries, coffee shops, and catering services. There are numerous options for meat-based broths and stocks available in stores, but the availability of store-bought seafood broths is limited. This scarcity may be due to the delicate and easily altered flavors and aromas of seafood, which can become flat and fishy when packaged. As a result, there are few companies that produce store-bought seafood broths and stocks.

Limited consumer knowledge is expected to hamper growth of the global seafood broth market over the forecast period.

Key features of the study:

• This report provides in-depth analysis of the global seafood broth market, and provides market size (US$ Mn) and compound annual growth rate (CAGR %) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends,  regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global seafood broth market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Campbell Soup Company, Pacific Foods, McCormick & Company, Inc., Knorr, Bar Harbor Foods, Imagine Foods, Kitchen Basics, Swanson, Progresso, and College Inn
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• Global seafood broth market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global seafood broth market

Global Seafood Broth Market Detailed Segmentation:

• By Demographic Segmentation:
  • Age
  • Gender
  • Income
  • Geographic Location 
• By Psychographic Segmentation:
  • Lifestyle
  • Dietary Preferences
  • Taste Preferences
• By Behavioral Segmentation:
  • Occasions
  • Usage Rate
  • Brand Loyalty
• By Benefits Segmentation:
  • Health Benefits
  • Convenience
  • Flavor Variety
• By Channel Segmentation:
  • Retail
  • Online
  • Foodservice
• By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East &Africa
• Company in the Global Seafood Broth Market:
  • Campbell Soup Company
  • Pacific Foods
  • McCormick & Company, Inc.
  • Knorr
  • Bar Harbor Foods
  • Imagine Foods
  • Kitchen Basics
  • Swanson
  • Progresso
  • College Inn