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Norway
NO NO-C102 | Industry Report | Factsheet

Seafood Processing in Norway Industry Data and Analysis

GW
Grace Wood
Analyst London, United Kingdom July 2024

The Seafood Processing industry in Norway has a market size of €10.1bn in 2026 with annual revenue growth of 6.0 %. Industry operators process and preserve fish, molluscs, crustaceans and other seafood. The industry includes factory ships that process seafood, unless they also engage in fishing activities, and excludes the processing of products derived from marine mammals. The preparation of frozen fish dishes and the manufacture of fish soups also fall outside the scope of the industry.

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What's included in this industry analysis

IBISWorld's research coverage on the Seafood Processing industry in Norway includes market sizing, forecasting, data and analysis. The most recent publication will be as current as of February 2026.

About this industry

What's this industry report about?

The Seafood Processing industry in Norway operates under the industry code NO-C102. Industry operators process and preserve fish, molluscs, crustaceans and other seafood. The industry includes factory ships that process seafood, unless they also engage in fishing activities, and excludes the processing of products derived from marine mammals. The preparation of frozen fish dishes and the manufacture of fish soups also fall outside the scope of the industry. Related terms covered in the Seafood Processing industry in Norway include aquaculture, bycatch, high-pressure processing (hpp) and traceability.

What's included in this industry?

Products and services covered in Seafood Processing industry in Norway include Frozen seafood , Fresh or chilled seafood and Seafood in batter or breadcrumbs .

What companies are included in this industry?

Companies covered in the Seafood Processing industry in Norway include Leroy Seafood Group ASA.

Performance

What's included in the Performance chapter?

The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Seafood Processing industry in Norway.

Competitive Forces

What's included in the Competitive Forces chapter?

The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Seafood Processing industry in Norway. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.

External Environment

What's included in the External Environment chapter?

The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Seafood Processing industry in Norway. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.

Financial Benchmarks

What's included in the Financial Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Seafood Processing industry in Norway. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Country Benchmarks

What's included in the Country Benchmarks chapter?

The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Cafes and Coffee Shops industry in Australia. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.

Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.

Industry Data

What's included in the Industry Data chapter?

The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Seafood Processing industry in Norway.

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Frequently Asked Questions

What is the market size of the Seafood Processing industry in Norway in 2026?

The market size of the Seafood Processing industry in Norway is €10.1bn in 2026.

How many businesses are there in the Seafood Processing industry in Norway in 2024?

There are 398 businesses in the Seafood Processing industry in Norway, which has declined at a CAGR of 2.3 % between 2019 and 2024.

Has the Seafood Processing industry in Norway grown or declined over the past 5 years?

The market size of the Seafood Processing industry in Norway has been growing at a CAGR of 0.5 % between 2019 and 2024.

What is the forecast growth of the Seafood Processing industry in Norway over the next 5 years?

Over the next five years, the Seafood Processing industry in Norway is expected to grow.

What are the biggest companies in the Seafood Processing industry in Norway?

The biggest company operating in the Seafood Processing industry in Norway is Leroy Seafood Group ASA

What does the Seafood Processing industry in Norway include?

Frozen Seafood and Fresh or Chilled Seafood are part of the Seafood Processing industry in Norway.

Which companies have the highest market share in the Seafood Processing industry in Norway?

The company holding the most market share in the Seafood Processing industry in Norway is Leroy Seafood Group ASA.

How competitive is the Seafood Processing industry in Norway?

The level of competition is moderate and steady in the Seafood Processing industry in Norway.

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