Southern Flounder Market
The market for Southern Flounder was estimated at $4.9 billion in 2024; it is anticipated to increase to $6.8 billion by 2030, with projections indicating growth to around $9.1 billion by 2035.
Global Southern Flounder Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Southern Flounder industry revenue is expected to be around $5.2 billion in 2025 and expected to showcase growth with 5.8% CAGR between 2025 and 2034. The upward trajectory experienced in the Southern Flounder market underscores its undeniable significance in the global economy. Specific driving factors have contributed to this trend, chief among which include a growing fondness for seafood, increasing focus on health benefits associated with fish consumption, and advancements in fish farming technology, which have enabled large-scale production. Moreover, the Southern Flounders enduring relevance is strengthened by a continual improvement in supply chain management within the fish industry, thus making it more accessible in a broader market coverage.
The Southern Flounder is a of flatfish known for its delicious flavor and nutritional benefits that make it a favorite choice for cooking enthusiasts, in restaurants and homes alike.
Market Key Insights
- The Southern Flounder market is projected to grow from $4.9 billion in 2024 to $8.6 billion in 2034. This represents a CAGR of 5.8%, reflecting rising demand across Commercial Fishing Industry, Culinary Sector and Aquaculture.
- Atlantic Seafood Company, Southern Fish and Oyster Co, Lone Star Seafood are among the leading players in this market, shaping its competitive landscape.
- U.S. and Japan are the top markets within the Southern Flounder market and are expected to observe the growth CAGR of 3.8% to 5.6% between 2024 and 2030.
- Emerging markets including Vietnam, India and Mexico are expected to observe highest growth with CAGR ranging between 6.7% to 8.0%.
- Transition like Sustainable Aquaculture has greater influence in United States and Japan market's value chain; and is expected to add $226 million of additional value to Southern Flounder industry revenue by 2030.
- The Southern Flounder market is set to add $3.7 billion between 2024 and 2034, with manufacturer targeting Nutritional Supplements & Aquatic Pet Trade Usage Purpose projected to gain a larger market share.
- With Surging demand in culinary applications, and Growth in recreational fishing, Southern Flounder market to expand 76% between 2024 and 2034.