Frozen Fish & Seafood Industry size is expected to reach nearly US$ 25.55 Bn by 2029 with the CAGR of 6.1% during the forecast period.
Frozen Fish & Seafood Industry Overview:
Frozen Fish & Seafood Industry 2021 by Manufacturers, Regions, Forecast to 2029, published by Maximize Industry Research, is the culmination of thorough primary and secondary research. The research completely provides a detailed analysis of regional insights in the Frozen Fish & Seafood Industry, as well as its changing trends, industry environment, and all of the Industry-leading elements. The research approach was used to investigate the global Frozen Fish & Seafood Industry, and the results were logically presented in the report.
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Frozen Fish & Seafood Industry Scope
Frozen Fish & Seafood# Industry report provides in-depth analysis, knowledge and understanding of trends, dynamics, restraints, and opportunities. Research identifies the most important trends that impact business operations. It helps to identify the information included in the research that determines the competitive landscape of key companies, the factors affecting the Frozen Fish & Seafood Industry size and volume, and other aspects that help to determine the current Industrying plan. SWOT analysis is conducted to find the strengths and weaknesses of the Frozen Fish & Seafood Industry.
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Segmentation
by Product Type
• Fish
• Shellfish
• Sea-Weed
• Aquatic Plants
• Others
By Product Type, the market for aquatic food products is dominated by a desire for Fresh & Live Fish goods. More than 40% of consumers prefer to purchase frozen fish and seafood items, it has been found. People consume several kinds of aquatic plants and seaweed on a vast basis. 11% of all frozen fish and seafood consumed in North America and 14% of the world’s consumption is made up of shellfish products.
by End User
• Industrial
• Commercial
• Domestic
• Others
According to end users, the commercial sector consumes 22% of all frozen fish and seafood products. The need for fish and seafood in the production of cosmetics, pharmaceuticals, and culinary goods has led to an 11% increase in industrial use. Domestic sales in the US and Europe have increased by 9% as a result of consumers’ growing desire for frozen fish and seafood items.
by Distribution Channel
• Supermarket
• Specialty Market
• Specialty Store
• E-Commerce
• Others
More than 28% of consumers prefer to buy frozen fish and seafood from specialty stores, according to distribution channels. People who reside in urban areas, where freshness and shelf life play a significant role in sales, choose specialised markets and supermarkets. Due to features like fresh food delivery to consumers’ doorsteps, e-commerce platforms are seeing a 12% increase in their customer base.
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Key Players
• Premium Seafood Company Inc.
• The Sirena Group
• J. Sykes & Sons Ltd.
• M & J Seafood Ltd.
• Beaver Street Fisheries
• Mazetta Company LLC
• Castlerock Inc.
• Tri Marine International
• Marine International
• Clear Water Seafood
• High Liner Foods Inc.
• Leroy Seafood Group
• Lyons Seafood Limited
• Mowi ASA
• Tassal
Regional Analysis
Frozen Fish & Seafood Region dominated the Frozen Fish & Seafood Industry in 2022 and is expected to witness significant growth during the forecast period. Government initiatives in the sector and regulations and rein in rising expenses drive the Frozen Fish & Seafood Industry growth in the region. The Frozen Fish & Seafood Industry report includes a geographic condition of the Industry, and revenue as well as in-depth research into the business network structure, opportunities, and news updates.
Key Questions answered in the Frozen Fish & Seafood Industry Report are:
Key offerings:
About Maximize Industry Research:
Maximize Industry Research is a multifaceted Industry research and consulting company with professionals from several industries. Some of the industries we cover include science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide Industry-verified industry estimations, technical trend analysis, crucial Industry research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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