North America Frozen Seafood Market Report and Forecast 2024-2032

North America Frozen Seafood Market Report and Forecast 2024-2032


Market Outlook

According to the report by Expert Market Research (EMR), the North America frozen seafood market is projected to grow at a CAGR of 4.1% between 2024 and 2032. Aided by the escalating demand for convenient, nutritious, and sustainable food options, the market is expected to grow significantly by 2032.

Frozen seafood, comprising a diverse array of products such as fish, shellfish, and molluscs, is a staple in many North American diets. These products are flash-frozen shortly after harvest, ensuring freshness, nutritional integrity, and flavour are preserved. The convenience of frozen seafood, combined with its long shelf-life and ease of preparation, makes it an attractive option for consumers leading busy lifestyles.

The burgeoning demand for protein-rich diets is a significant driver of the North America frozen seafood market growth. As consumers become increasingly health-conscious, there is a growing preference for seafood as a source of high-quality protein, omega-3 fatty acids, and essential nutrients. This shift towards healthier eating habits is propelling the demand for frozen seafood products.

Additionally, the market is benefiting from the rising trend of home cooking and meal prepping. As more consumers opt to prepare meals at home, the convenience and versatility of frozen seafood have made it a popular choice for a variety of culinary applications.

The North America frozen seafood market outlook is influenced by several factors that shape its growth and development. One of the pivotal elements is the sustainability of seafood sourcing. With growing environmental concerns and awareness about overfishing, consumers are increasingly seeking sustainably sourced seafood options. This trend has prompted industry players to adopt responsible fishing practices and seek certifications like the Marine Stewardship Council (MSC) label to cater to this consumer demand.

Innovation in packaging and preservation technologies is a significant factor propelling the North America frozen seafood market demand. Advanced freezing techniques, such as cryogenic freezing, and improved packaging materials that extend shelf-life and maintain product quality, are enhancing the appeal of frozen seafood products.

The market is further influenced by the dynamics of international trade. North America, being a significant importer of seafood, is affected by global supply chain fluctuations, trade policies, and import regulations. The stability and policies of key exporting countries directly impact the availability and pricing of frozen seafood products in the North American market.

Market Segmentation

The market can be divided based on type, sector, distribution channel, and country.

Market Breakup by Type
  • Shrimp
  • Salmon
  • Tuna
  • Tilapia
  • Pangasius
  • Catfish
  • Others
Market Breakup by Sector
  • Retail
  • Institutional
Market Breakup by Distribution Channel
  • Supermarkets and Hypermarkets
  • Convenience Stores
  • Speciality Stores
  • Online
  • Others
Market Breakup by Country
  • United States
  • Canada
Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the North American frozen seafood market. Some of the major players explored in the report by Expert Market Research are as follows:
  • Beaver Street Fisheries, Inc.
  • Lerøy Seafood Group
  • Trident Seafoods Corporation
  • Pacific American Fish Company, Inc.
  • The Fishin' Company
  • High Liner Foods Incorporated
  • Crystal Cove Seafood Corporation
  • Others
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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.


1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 North America Frozen Seafood Market Analysis
8.1 Key Industry Highlights
8.2 North America Frozen Seafood Historical Market (2018-2023)
8.3 North America Frozen Seafood Market Forecast (2024-2032)
8.4 North America Frozen Seafood Market by Type
8.4.1 Shrimp
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Salmon
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Tuna
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Tilapia
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Pangasius
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Catfish
8.4.6.1 Historical Trend (2018-2023)
8.4.6.2 Forecast Trend (2024-2032)
8.4.7 Others
8.5 North America Frozen Seafood Market by Sector
8.5.1 Retail
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Institutional
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 North America Frozen Seafood Market by Distribution Channel
8.6.1 Supermarkets and Hypermarkets
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Convenience Stores
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Speciality Stores
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Online
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Others
8.7 North America Frozen Seafood Market by Country
8.7.1 United States
8.7.2 Canada
9 Regional Analysis
9.1 United States
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyers Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 Key Indicators for Demand
10.4 Key Indicators for Price
11 Value Chain Analysis
12 Trade Data Analysis
12.1 Major Importing Countries
12.1.1 By Volume
12.1.2 By Value
12.2 Major Exporting Countries
12.2.1 By Volume
12.2.2 By Value
13 Price Analysis
13.1 United States Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.1.1 Frozen Fish
13.1.2 Frozen Shrimp and Prawn
13.1.3 Frozen Crab
13.2 Canada Historical Price Trends (2018-2023) and Forecast (2024-2032)
13.2.1 Frozen Fish
13.2.2 Frozen Shrimp and Prawn
13.2.3 Frozen Crab
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Beaver Street Fisheries, Inc.
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Lerøy Seafood Group
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Trident Seafoods Corporation
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Pacific American Fish Company, Inc.
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 The Fishin' Company
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 High Liner Foods Incorporated
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Crystal Cove Seafood Corporation
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Frozen Seafood Market: Key Industry Highlights, 2018 and 2032
2. North America Frozen Seafood Historical Market: Breakup by Product (USD Billion), 2018-2023
3. North America Frozen Seafood Market Forecast: Breakup by Product (USD Billion), 2024-2032
4. North America Frozen Seafood Historical Market: Breakup by Sector (USD Billion), 2018-2023
5. North America Frozen Seafood Market Forecast: Breakup by Sector (USD Billion), 2024-2032
6. North America Frozen Seafood Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
7. North America Frozen Seafood Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
8. North America Frozen Seafood Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Frozen Seafood Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. United States Frozen Seafood Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Canada Frozen Seafood Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. Major Importing Countries by Volume
13. Major Exporting Countries by Volume
14. Major Importing Countries by Value
15. Major Exporting Countries by Value
16. United Historical Price Trends and Forecast 2018-2028
17. Canada Historical Price Trends and Forecast 2018-2028
18. North America Frozen Seafood Market Structure

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