Global Processed Seafood Market 2023-2027

Global Processed Seafood Market 2023-2027

The processed seafood market is forecasted to grow by USD 60.5 bn during 2022-2027, accelerating at a CAGR of 7.01% during the forecast period. The report on the processed seafood market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by high demand of protein-rich and ready-to-eat seafood, plant-based and alternative seafood, and demand for sustainability and traceability.

Technavio's processed seafood market is segmented as below:

By Product

• Frozen seafood
• Canned seafood
• Smoked seafood
• Others

By Distribution Channel

• Offline
• Online

By Geographical Landscape

• Europe
• North America
• APAC
• Middle East and Africa
• South America

This study identifies the change in tastes and preferences as one of the prime reasons driving the processed seafood market growth during the next few years. Also, growth of online retailing and innovation in processed seafood packaging will lead to sizable demand in the market.

The report on the processed seafood market covers the following areas:

• Processed seafood market sizing
• Processed seafood market forecast
• Processed seafood market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading processed seafood market vendors that include Aquafoods, Austevoll Seafood ASA, Baader Global SE, Bolton Group Srl, China Aquatic Products Co. Ltd., Cooke Aquaculture Inc., Gadre Marine Export Pvt. Ltd., Goya Foods Inc., KARRO FOOD GROUP, Kyokuyo Co. Ltd., Loch Duart Ltd., Mitsubishi Corp., Mowi ASA, Perdue Farms Inc., Premium Brands Holdings Corp., Thai Union Group PCL, Trident Seafoods Corp., Universal Seafood Inc., Agrosuper SA, and High Liner Foods Inc.. Also, the processed seafood market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.