Middle Eastern, African seafood markets poised for growth as consumption and urbanization rise
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Demand for seafood products in the Middle East and Africa has been rising steadily, a trend that is likely to persist through 2027, according to a new report from Insight Partners, a venture capital and research firm based in New York City, U.S.A.
The report, “Middle East and Africa Seafood Market Forecast to 2027 - COVID-19 Impact and Regional Analysis,” found the value of the seafood market in the two regions is projected to grow from USD 9.3 billion (EUR 7.7 billion) in 2019 to USD 10.7 billion (EUR 8.9 billion) in the next six years.