Grupo Nueva Pescanova, a prominent seafood producer in Spain, is undergoing negotiations for its sale to Canadian company Cooke Seafood Inc. In the first quarter of 2023, a preliminary agreement was reached for the transfer of 80% of Nueva Pescanova's capital.
Meat and seafood substitutes is anticipated to experience robust growth in both retail volume and value terms over the forecast period due to several reasons. First, a growing number of Spaniards are adopting vegan, vegetarian and flexitarian diets, which is leading to increased demand for plant-based alternatives.
As consumers focus more on their personal health and the health of the planet, the market is witnessing a shift towards innovations in premium, sustainable, and value-added products. For instance, Conservas y Salazones Arlequin has concentrated on developing high-end lines like Platino and Oro (Gold), featuring products such as anchovies, mussels, octopus, and smoked sardines and tuna.
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Understand the latest market trends and future growth opportunities for the Processed Meat, Seafood and Alternatives to Meat industry in Spain with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
Data and analysis in this report provides further detailed coverage dedicated to a comprehensive range of core packaged food categories.
If you're in the Processed Meat, Seafood and Alternatives to Meat industry in Spain, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty.
Processed Meat, Seafood and Alternatives to Meat
This is the aggregation of processed meat, processed seafood and meat and seafood substitutes.See All of Our Definitions
This report originates from Passport, our Processed Meat, Seafood and Alternatives to Meat research and analysis database.
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