Key regions: South Korea, Canada, China, Japan, United States
The Fresh Seafood Market in Switzerland has seen slow growth due to various factors such as limited consumer awareness, strict regulations, and high prices. Despite this, online services and health consciousness among consumers have contributed to a slight increase in demand. However, the market's growth rate remains negligible.
Customer preferences: Consumers in Switzerland are increasingly prioritizing sustainability and ethical sourcing in their food choices, leading to a rise in demand for responsibly-sourced seafood. This trend is driven by a growing awareness of environmental and social impact, as well as a desire for transparency in the supply chain. As a result, retailers and restaurants are offering more sustainable seafood options and promoting eco-friendly practices, such as using biodegradable packaging. Additionally, there is a growing preference for locally caught seafood, supporting the country's thriving fishing industry and promoting a sense of community.
Trends in the market: In Switzerland, the Fresh Seafood Market of the Fish & Seafood Market within The Food market is experiencing a surge in demand for sustainably sourced seafood, as consumers become increasingly environmentally conscious. This is driving the growth of certifications such as MSC and ASC, which guarantee sustainable fishing practices. Additionally, there is a growing trend of online seafood delivery services, allowing consumers to access a wider range of fresh seafood from the comfort of their homes. These trends signal a shift towards a more sustainable and convenient seafood market, with potential implications for industry stakeholders such as fisheries, retailers, and consumers.
Local special circumstances: In Switzerland, the Fresh Seafood Market of the Fish & Seafood Market within The Food market is influenced by the country's strict regulations on fishing and aquaculture. These regulations ensure sustainable practices and high-quality seafood products. Additionally, Switzerland's landlocked geography limits access to fresh seafood, making it a premium commodity. The country's cultural preference for fresh and healthy food also drives the demand for fresh seafood, leading to the growth of local fish markets and specialty seafood retailers.
Underlying macroeconomic factors: The Fresh Seafood Market of the Fish & Seafood Market within The Food market in Switzerland is greatly influenced by macroeconomic factors such as global economic trends, national economic health, fiscal policies, and other relevant financial indicators. The country's stable economy and strong investment in the food industry have contributed to the growth of the market. Additionally, Switzerland's strict regulations on food safety and quality have also played a significant role in shaping the market. The country's high-income population and increasing demand for healthy and premium seafood products have further boosted the market growth. However, the market may face challenges due to fluctuations in global seafood supply and demand, as well as increasing competition from other countries in the region.
Data coverage:
The data encompasses B2C enterprises. Figures are based on the total consumer spending on food, which comprises all private household spending on food that is meant for at-home consumption (out-of-home consumption is not accounted for).Modeling approach:
Market sizes are determined through a top-down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending, and consumer price index. This data helps us estimate the market size for each country individually.Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Food market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level. The market is updated twice a year.
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