+1-518-618-1030 866 - 552 - 3453 USA-Canada Toll Free

Processed Seafood Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2027

Pre Book Price: $ 5216

Original Price: $ 5795

Global Processed Seafood Market: Overview

Continuous innovations in fishing techniques and exploration of new fishing grounds are leading to significant growth in the recent years. This is attributed to rising demand for protein-rich food products coupled with increasing consumer inclination towards ready-to-cook products. Furthermore, escalation of import and export trade of processed seafood globally, there is robust increase in its demand even in non-coastal areas. Moreover, efficient transportation and cold storage facilities are leading to overall processed seafood market growth. An upwelling trend is seen in the value chain of the seafood industry through the large scale export of the processed seafood across the world.

Global Processed Seafood Market: Drivers and Restraints

 Increasing raw seafood prices have led to consumer shift towards processed seafood products. This is further anticipated to act as a prominent area for processed seafood manufacturers. This is fuelling the overall processed seafood market growth. The breakthrough innovations in the technology and processing of seafood has also accelerated the growth potential for processed seafood market. Moreover, with increased urbanisation, demand for healthy food products and change in family structure will further fuel the growth of processed seafood market. The seafood industry is a growing opportunity for improving the food security across the world. Thus, offers a dwelling platform for processed seafood market.

However, there is still a huge gap in the infrastructure development in the seafood industry due to existence of traditional processing equipment, along with lack of funds and inadequate management, which hinders the growth of processed seafood market. Moreover, firm governmental regulations such as stringent fishing policies, environmental laws to protect water population are anticipated to result in wakening fishing activity. This will lead to non-availability of raw material, thus, hampering the growth of processed seafood market.

Global Processed Seafood Market:  Segmentation

On the basis of seafood type, global processed seafood market is segmented into:

  • Fish
  • Shrimps
  • Crabs
  • Tuna
  • Roe
  • Molluscs

On the basis of technique, global processed seafood market is segmented into:

  • Salting
  • Smoking
  • Drying
  • Canning
  • Cold storing
  • Freezing
  • Curing
  • Dehydration
  • Pickling
  • Cooking

On the basis of processed seafood product type, global processed seafood market is segmented into:

  • Frozen Products
  • Smoked Products
  • Canned Products
  • Surimi Products
  • Dried Products
  • Fish Meal
  • Seasoning and additives products
  • Others

Global Processed Seafood Market:  Region wise Outlook

The processed seafood market is divided into seven regions, namely Latin America, North America, Western Europe, Eastern Europe, Asia Pacific excluding Japan (APEJ), Middle East and Africa, and Japan. In 2016, Asia Pacific accounted for the largest share of the processed seafood market. Of which, China accounted for largest share of export business along with local demand mitigation. China exports major share of its seafood to the U.S., Europe, and Japan and is expected to uphold its position as largest processed seafood exporter in the next five to six years. Considering the consumer consumption pattern, U.S and Europe are expected to be one of the largest importers of processed seafood. As Europe and Japan are considered to be the largest consumers of seafood.

Furthermore, processed seafood market is expected to boom in India, Brazil and Australia as the consumer consumption pattern is shifting more towards better nutrition and convenient food options. Japan is considered to be the leading importer of processed seafood due non-availability of the processed seafood.

Global Processed Seafood Market: Key Players

Some of the prominent players in the processed seafood market include:

  • China National Fishery Corporation (CNFC)
  • Seaboard corporation
  • Universal seafood
  • Austevoll Seafood ASA
  • MARINE HARVEST ASA
  • Trident seafood
  • Aquachile
  • The Union Frozen Products Co., Ltd.
  • Tianjin Fishery Product Supplying & Marketing Co.
  • High Liner Foods
  • Tropical general investments Nigeria Ltd.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.


Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.


To receive discount, please click on the button below.

Please click on the button below to customize this report.

 
 
Back To Top