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Seafood Market Size to Surpass Around USD 210.4 Billion by 2030

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Ottawa, Oct. 13, 2022 (GLOBE NEWSWIRE) — Recently Published Report on “Seafood Market – Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2030”.

Seafood mainly refers to edible aquatic beings barring mammals, including freshwater and ocean creatures. Fish and other seafood are believed to be amongst the vital foods for humans other than cereals, providing over 15% of the population’s protein intake. The global seafood market has observed a rapid growth.

The highest contributor to the market was the fish segment with $101,526.2 million in 2019, and is projected to reach $125,914.3 million by 2030, at a CAGR of 2.7% during the forecast period.

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Key Insights:

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  • The fish type segment has captured 56% revenue share in 2021.
  • The retail application segment has captured 69% revenue share in 2021.
  • The food services segment is poised to grow at a CAGR of 4.3% from 2022 to 2030.
  • The Asia-Pacific region was accounted revenue share of around 39.6% in 2021.

Regional Snapshots

In countries like Thailand and Japan, fish is a staple food in their diet. Besides, the region has a critical populace size which is modernizing at a fast rate. The overall growth in the area’s economic status has been an important factor in expanding usable salaries, which has supported the increasing utilization and curiosity for seafood. The Asia Pacific heads the market with the maximum portion of the worldwide seafood market because of the great production of fish in the region. Fish forms an irreplaceable part of the eating habits in a large number of districts of the Asia Pacific as the nations have huge beachfront boundaries.

Report highlights.

  • On the basis of the type, the fish segment had the largest market growth till the recent years. The fish segment is expected to have a dominant market share during the forecast period as it is a high protein alternative and there is a growing demand for the fish segment. Fish provides high protein low saturated fat diet. Vitamin A, vitamin B and omega-3 fatty acids are extremely essential in maintaining the health of the eyes and brain.
  • On the basis of application, the retail segment is the largest contributor to the market. The retail segment is expected to dominate the market during the forecast period. As there’s an increased disposable income and low time for cooking meals the retail sector is expected to grow.

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Scope of the Report

Report Attributes Details
Market Size in 2021 USD 163.1 Billion
Revenue Forecast by 2030 USD 210.4 Billion
CAGR 2.87% from 2022 to 2030
Base Year 2021
Forecast Year 2022 to 2030
Key Players Grupo Nueva Pescanova, Mark Food Inc., Inland Seafood, Kyokuyo Co. Ltd., Stone Seafood Company, Nippon Suisan Kaisha, Royal Greenland, Marine Harvest ASA, SeaPak Shrimp & Seafood Co., Cuulong Fish, Abba Seafoods, John Westfoods, EWOS Group, Charoen Pokphand Foods, Thai Union Frozen Products, Dongwon Industries C, Maruha Nichiro Corporation, Skretting, Trident Seafoods, Pacific American Fish Co. (PAFCO), Slade Gordon & Co., Austevoll, East Coast Seafood and Others.

Market Dynamics

Drivers

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A few fish chains and eateries have advanced across the international market, and this factor will support towards the growth and development of the seafood market. As a result, the volume of income within the market is set to increase at a significant speed. The involvement in seafood across the food hubs is expanding. An enormous number of individuals like to eat fish over other foods, which is a significant driver of market growth. Moreover, beachfront residents are putting forth dedicated trials to foster inventory chains for business and trading fish. The growth of this market usually depends upon the simplicity of obtaining fish from seaside areas.

Restraints

A combined effort of fish ranchers with processors, retailers, wholesalers, merchants, eateries, and suppliers is required to resolve the natural obstacles and further support in making the market socially, ecologically and monetarily economical. Accordingly, this led to contribute toward the growth of the market worldwide. Exhaustion of ocean reserves has limited the market growth; however maintainable fishing helps expand fish reserve to fulfil the growing need.

Opportunities

The advancement in this fragment can be elaborated as the ease it gives over the preparing feast. Also, the choice of quickly expanding the variety of developing pattern of consuming and effectively help the growth of the market. A combined effort among makers and food experts’ organizations is depended upon giving meaningful freedoms to the development for the worldwide Seafood Market Size. However, the food administration department must develop at a higher rate during the predicted forecast period.

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Challenges

Improper naming of ocean bottom examples and replaces for waterbody depths is hindering the growth of the seafood market. High contamination caused by in disposable waste and changing weather conditions affect the production of fish and gradually block the growth of the worldwide Market. An increase in price for specific species like shrimp, fish cod, salmon, herring, scallops, mackerel, squid, mussels, and octopus affects the development of the seafood market. Moreover, deficiencies in the inventory of artificially produced fish and salmon varieties have blown the costs of fishes in a global market.

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Recent developments

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  • December 2021 – An Indian artificial intelligence known as Captain Fresh- boosted seafood marketplace startup, has called for the closing of a Series B fundraising round with USD40 million. The funds will be used to develop tech interventions and advanced tech integrations across the production and demand network. The innovations involve a trading marketplace, the application of artificial intelligence, automation and pricing, and quality assurance using AI “to move huge volumes with precision.”
  • February 2022- a seafood cultivation startup which is based in San Francisco, has disclosed an economy of USD100 million Series B funding round. The round was organised by L Catterton, equity firm from the private sector, including several big investors like as Robert Downey Jr., Leonardo DiCaprio, and others. 

Market Segmentation

By Type

  • Fish
  • Crustaceans
  • Mollusca
  • Cephalopods
  • Ground fish
  • Salmonids
  • Pelagics
  • Tuna
  • Others

By Application

  • Retails
  • Food Service
  • Institutions

By Nature

  • Organic
  • Conventional

By Source

  • Farm Raised
  • Wild Caught

By End Use

  • Food
  • Pharmaceutical
  • Cosmetics
  • Industrial
  • Biotechnology
  • Household Retail

By Category

  • Frozen Seafood
  • Salted Seafood
  • Dried Seafood
  • Smoked Seafood
  • Others

By Distribution Channel

  • Supermarkets/Hypermarkets
  • Convenience Stores
  • Specialty Stores
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

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Precedence Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Precedence Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defense, among different ventures present globally.

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Artificial Intelligence

Grant Cardone Lists $42M Miami Mansion on Blockchain Real Estate Platform Propy

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American best-selling author, businessman, and investor chooses Propy’s onchain real estate platform to list Golden Beach, Florida, house.
MIAMI, July 2, 2024 /PRNewswire/ — Propy, a technology company revolutionizing real estate via blockchain and AI, today announced that high-profile American entrepreneur Grant Cardone has listed a Golden Beach, Florida, private property for sale on Propy’s blockchain-based real estate platform with an asking price of $42,000,000 accepting cryptocurrency. This marks the first venture into emerging technologies in proptech for Cardone, a serial founder, best-selling author, equity fund manager, and business and real estate investor. The home is listed on the Propy marketplace with the deed minted onchain.

Propy simplifies the home-purchasing experience and eliminates fraudulent transactions by using a decentralized title registry and an escrow settlement protocol for securely storing land records and facilitating transactions, as well as accepting or converting cryptocurrency if a buyer chooses this form of payment. Leveraging the immutability of the blockchain, Propy ensures that buyer and seller private information is secure throughout the transaction. Automating and bringing the entire process online and onchain enables closing on a property to be faster, easier, and more secure than the outdated, traditional real estate transaction model.
Commenting on the listing, Grant Cardone said, “We are all in on blockchain revolutionizing real estate. We are leveraging top-tier technology to make transactions seamless and unstoppable. This is the future of real estate, and we’re leading the charge!” 
The private address is minted on PropyKeys protocol – an onchain tokenized address market developed on the Base network (Coinbase Layer 2 on Ethereum). PropyKeys brings real estate onchain through NFT home addresses and aims to bring one million home addresses onchain by 2025. The Propy marketplace also grants prospective buyers the option to pay using Bitcoin or US dollars.
Natalia Karayaneva, Founder and CEO of Propy, said, “It is a privilege for us to be the platform of choice for high-end property sellers, enhancing our offering to our community of high net-worth individuals, investors, and crypto buyers. With Propy’s advanced blockchain rails, compliant crypto and dollar payments, and unwavering focus on privacy, our clients can confidently navigate the closing process. The inclusion of Cardone’s listing in BTC and USD on Propy, minted with our latest privacy deed feature, highlights our leadership in the intersection of real estate and crypto.”
Additional details on the Cardone property are available on Propy’s website. Interested parties should contact the listing agent for viewings and further details.
Natalia Karayaneva, Founder and CEO of Propy, is available for interview upon request.
About Propy:
Propy is a US-licensed title company and a pioneering platform leveraging blockchain and AI technology to facilitate seamless transactions of real-world assets (RWA), specifically focused on revolutionizing global real estate markets. As an industry leader, Propy specializes in providing secure and efficient solutions, ensuring an enhanced experience for buying and selling properties worldwide.
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DataLend: Securities Lending Revenue Down 16% Year-Over-Year to $2.53 Billion in Q2 2024

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Global revenue declines year-over-year due to lagging equities performance in the U.S. and EMEA
NEW YORK, July 2, 2024 /PRNewswire/ — The global securities finance industry generated $2.53 billion in revenue for lenders in the second quarter of 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 16% decrease from the $3.00 billion generated in Q2 2023.

Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, generated an additional $696 million in revenue during Q2, a 9% decrease year-over-year.
Regionally, equity revenue fell 33% in EMEA and 19% in North America compared to the same period last year. A 22% decline in fees in North America and a 23% dip in EMEA accounted for the majority of the decreased revenue. Equity revenue in APAC increased 8% thanks to a 13% increase in fees.
Global fixed income performance declined by 11% in Q2 year-over-year. While revenue from government securities was roughly flat, corporate debt revenue fell by 32%, a regression of a trend which saw corporate bonds running hot through much of 2022 and 2023.
In June 2024, the global securities finance industry generated $790 million in revenue for lenders. The figure represents a 11% decrease year-over-year from the $888 million generated in June 2023. Broker-to-broker activity totaled an additional $207 million in revenue in June, also an 11% decrease year-over-year.
The top five earners in June 2024 were Lucid Group (LCID US), Trump Media & Technology Group (DJT US), Canopy Growth Corporation NPV (CGC US & WEED CN), Beyond Meat Inc. (BYND US) and ImmunityBio Inc. (IBRX US). In total, the group generated $56 million in revenue in the month.
Bloomberg Terminal users can subscribe to EquiLend’s exclusive Orbisa securities lending data by entering terminal shortcut APPS ORBISA or clicking the following link: https://blinks.bloomberg.com/screens/apps%20orbisa.
About DataLend 
DataLend, the market data service within EquiLend’s Data & Analytics Solutions group, tracks daily market movements across more than 200,000 securities, covering $35 trillion in lendable assets and $2.6 trillion in on-loan assets for the securities finance market. www.datalend.com
About EquiLend
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. With offices in North America, EMEA and Asia-Pacific, EquiLend operates across various jurisdictions worldwide, adhering to the highest regulatory standards. The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified™ in the U.S., UK, Ireland and India and has been honored as the Best Post-Trade Service Provider Globally, Best Market Data Provider Globally and for its outstanding Diversity & Inclusion initiatives in the Securities Finance Times Industry Excellence Awards 2023. www.equilend.com
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Artificial Intelligence

Endpoint Security Market to Transcend USD 36.01 billion by 2031 Owing to Cutting-Edge Cybersecurity in Safeguarding Online Infrastructure| SkyQuest Technology

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WESTFORD, Mass., July 2, 2024 /PRNewswire/ — According to SkyQuest, the global Endpoint Security Market size was valued at USD 10.40 billion in 2022 and is poised to grow from USD 11.94 billion in 2023 to USD 36.01 billion by 2031, growing at a CAGR of 14.8% in the forecast period (2024-2031).

Organizations use advanced security solutions as their first line of defense in cybersecurity to protect their company network infrastructure. Market expansion is anticipated as Bring Your Own Device (BYOD) policies are implemented more frequently. For instance, the web threat intelligence detection XDR solution FortiXDR was introduced by Fortinet, Inc. BlackBerry Limited introduced the managed detection and response (MDR) service in a similar manner. Additionally, for endpoint security, Broadcom, Inc. has introduced Adaptive Protection. Solutions are heavily reliant on emerging technology, including cloud computing, artificial intelligence (AI), the Internet of Things (IoT), and others.
Download a detailed overview:
https://www.skyquestt.com/sample-request/endpoint-security-market
Endpoint Security Market Overview: 
Report Coverage 
Details 
Market Revenue in 2023 
$ 11.94 billion 
Estimated Value by 2031 
$ 36.01 billion 
Growth Rate 
Poised to grow at a CAGR of 14.8% 
Forecast Period 
2024–2031 
Forecast Units 
Value (USD Billion) 
Report Coverage 
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends 
Segments Covered 
Component, Enforcement Point, Enterprise Size, End-User and Deployment
Geographies Covered 
North America, Europe, Asia Pacific, Middle East & Africa, Latin America
Report Highlights 
Updated financial information / product portfolio of players 
Key Market Opportunities 
Rising Number of Connected Devices
Key Market Drivers 
Rising trend of BYOD 
Segments covered in Endpoint Security Market are as follows:
ComponentSolutions (Endpoint Protection Platform (EPP) (Antivirus, Anti-Spyware/Anti-Malware, Firewall, Endpoint Device Control, Intrusion Prevention, Endpoint Application Control, Others), Endpoint Detection and Response (EDR)), Services (Professional Services (Training and Consulting, Integration and Implementation, Support and Maintenance), Managed Services)Enforcement PointWorkstations, Mobile Devices, Servers, Point of Sale Terminals, OthersEnterprise SizeLarge Enterprises, Small and Medium Enterprises (SMEs)End-UserGovernment & Public Sector, BFSI, Healthcare, IT & Telecom, Transportation, Education, Manufacturing, Retail & e-commerce, OthersDeploymentCloud, and On-PremiseRequest Free Customization of this report:
https://www.skyquestt.com/speak-with-analyst/endpoint-security-market
Large Enterprises Redefining Endpoint Security in Global Arena
The worldwide endpoint security market is shaped in large part by the size of the enterprise. The need for comprehensive and scalable solutions is generally driven by large organisations, whilst small and medium-sized enterprises (SMEs) prioritise cost-effective security measures that are suited to their specific needs. Market strategies and product development are influenced by this segmentation to effectively meet the diverse needs and budgets of organisations.
Large corporations have a great deal of influence in the global endpoint security market, owing to their sizable financial backing for all-encompassing cybersecurity solutions. By fitting by the artificial intelligence and machine learning technology as well as having the wide network infrastructure and following to regulation guidelines strictly, they hold an exclusive position to enhance ingenuity and expand market and at the same time set up security standards in the industry.
SMEs being small and financially limited create a big part of the world’s endpoint security demand driving demand for trustworthy, low-priced security solutions. Small and financially constrained firms need help protecting themselves from cyber threats as they tend to adopt new tech fast, yet they face higher risks of online attacks. This is due to SMEs are quick in adopting new technologies but are also at risk from online attacks.
View report summary and Table of Contents (TOC):
https://www.skyquestt.com/report/endpoint-security-market
Optimizing Performance through Strategic Deployment in Endpoint Security
Deployment in the worldwide endpoint security sector signifies the activities involving placing security systems into operation and orchestrating these solutions across various networks and gadgets. It is proverbial that deploying well means better protection from cyber-attacks, fewer weak points, more speed thereby preserving invaluable information for all organizations worldwide.
In the worldwide endpoint security industry, on-premises deployment gives users more control and customisation by installing security solutions directly on local servers and devices. This method is critical for companies with strict regulations on data security since it ensures that they adhere to legal requirements, directly control their sensitive information thereby upholding strong security and operational integrity.
In the worldwide endpoint security industry, cloud deployment uses remote servers to offer flexible, scalable security solutions. This approach is central in enabling organization to promptly respond to fresh dangers, reduce infrastructure budget and maintain reliable real time security on all endpoints as it is easy to incorporate, affordable and allows immediate updates.
Crucial Role of Enterprise Size and Advanced Deployment Strategies To turn Fruitful
Modern advanced security solutions are essential for safeguarding organisational network infrastructures in the quickly changing digital landscape of today. The increased spread of BYOD policies is driving demand for such cutting-edge solutions as Broadcom’s Adaptive Protection, BlackBerry’s MDR, and Fortinet’s FortiXDR. Advanced technology adoption, compliance, and scalability are key priorities for big enterprises, which use their large resource bases, while small and midsize businesses are pushing for good quality and affordable cybersecurity solutions. Efficient implementation, regardless of on-premises or cloud-based options, guarantees all-encompassing security and uninterrupted operations, providing defence against the continuously increasing risk of cyberattacks.
Related Reports:
Cyber Security Market
Network Security Market
Managed Security Services Market
Cloud Security Market
Application Security Market
About Us:
SkyQuest is an IP focused Research and Investment Bank and Accelerator of Technology and assets. We provide access to technologies, markets and finance across sectors viz. Life Sciences, CleanTech, AgriTech, NanoTech and Information & Communication Technology.
We work closely with innovators, inventors, innovation seekers, entrepreneurs, companies and investors alike in leveraging external sources of R&D. Moreover, we help them in optimizing the economic potential of their intellectual assets. Our experiences with innovation management and commercialization has expanded our reach across North America, Europe, ASEAN and Asia Pacific. 
Contact:Mr. Jagraj SinghSkyQuest Technology1 Apache Way,Westford,Massachusetts 01886USA (+1) 351-333-4748Email: [email protected] Our Website: https://www.skyquestt.com/
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