Consumer and Market Insights: Fish & Seafood in Sweden
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Positive consumer sentiment will continue to drive demand in the Fish & Seafood market in Sweden during 2015-2020. Furthermore, with consumer preference strongly shifting towards non-meat protein in Sweden, Fish & Seafood products are well positioned as a healthy alternative because of their low fat, high protein, and Omega 3 content. Frozen Fish & Seafood is the leading value category in the Swedish Fish & Seafood market followed by Fresh Fish & Seafood (Counter). Demand for premium and indulgent Fish & Seafood products is high while busy lives of consumers is driving demand for ready-to-cook products
Scope
• Of the six categories analyzed, Frozen Fish & Seafood will be the fastest growing value category, registering a CAGR of 4.6% during 2015-2020
• Hypermarkets & Supermarkets is the leading distribution channel accounting for more than half of the overall Fish & Seafood distribution in Sweden.
• The use of Flexible Packaging is forecast to register the fastest growth among packaging material during 2015-2020.
• Private label products had high market penetration of 19.3% in 2015. They compete with brands, which has resulted in private label products gaining market share from brands during 2011-2014.
• Findus Group is the leading market player in the country.
Reasons to Buy
• Identify high potential categories and explore further market opportunities based on detailed value and volume analysis
• Existing and new players can analyze key distribution channels to identify and evaluate trends and opportunities
• Gain an understanding of the total competitive landscape based on detailed brand share analysis to plan effective market positioning
• Access the key and most influential consumer trends driving Fish & Seafood products consumption, and how they influence consumer behavior in the market which will help determine the best audiences to target
• Access to analysis on products launched in the market
• Our team of analysts have placed a significant emphasis on changes expected in the market that will provide a clear picture of the opportunities that can be tapped over the next five years, resulting in revenue expansion
Falkenberg Seafood
Findus Group
Frionor As and Polar Seafood
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