Global Frozen Fish and Seafood Market Growth 2024-2030
Frozen fish and seafood refer to fish and other marine products that have been subjected to a freezing process to preserve their freshness and extend their shelf life. This process involves lowering the temperature of the fish or seafood to below freezing point, typically around -18 degrees Celsius (0 degrees Fahrenheit) or lower. Freezing helps to slow down or halt the growth of bacteria, yeast, and other microorganisms that can cause spoilage.
The freezing process can be done in various ways, such as blast freezing, plate freezing, or individually quick freezing (IQF). Blast freezing is a method where the product is exposed to very low temperatures with a strong airflow to freeze it quickly. Plate freezing involves placing the fish or seafood between two metal plates that are chilled to freezing temperatures. IQF is a method where each piece of the product is individually frozen, which helps maintain the individual pieces' quality and prevents them from sticking together.
Frozen fish and seafood can include a wide variety of products, such as fillets, whole fish, shrimp, squid, clams, mussels, and more. This form of preservation allows consumers to have access to a diverse range of seafood products year-round, regardless of the fishing season or geographic location. When properly handled and stored, frozen fish and seafood can offer convenience without compromising taste and nutritional value.
The global Frozen Fish and Seafood market size is projected to grow from US$ 87760 million in 2024 to US$ 121710 million in 2030; it is expected to grow at a CAGR of 5.6% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Frozen Fish and Seafood Industry Forecast” looks at past sales and reviews total world Frozen Fish and Seafood sales in 2023, providing a comprehensive analysis by region and market sector of projected Frozen Fish and Seafood sales for 2024 through 2030. With Frozen Fish and Seafood sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Frozen Fish and Seafood industry.
This Insight Report provides a comprehensive analysis of the global Frozen Fish and Seafood landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Frozen Fish and Seafood portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Frozen Fish and Seafood market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Frozen Fish and Seafood and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Frozen Fish and Seafood.
The core global frozen fish and seafood manufacturers include AquaChile, Clearwater, High Liner Foods, Nomad Foods Europe, Austevoll Seafood and Hansung Enterprise. The top three manufacturers account for approximately 9% of the global share. The Asia-Pacific region is the world's largest market, accounting for nearly 56% of the market share.
In terms of product type, frozen fish occupies a dominant position, accounting for 71% of the total. At the same time, in terms of application, retail & household is the largest application area, accounting for 35%.
This report presents a comprehensive overview, market shares, and growth opportunities of Frozen Fish and Seafood market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Frozen Fish
Frozen Crustacean
Frozen Mollusk
Other
Segmentation by Application:
Food Processing Industry
Food Service Provider
Retail & Household
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Nissui Corp
Nueva Pescanova
Royal Greenland A/S
AquaChile
Maruha Nichiro Corporation
Thai Union Group
Clearwater Seafoods
High Liner Foods
Nomad Foods
Austevoll Seafood ASA
Mowi ASA
Sykes Seafood
Dongwon Industries
Trident Seafoods
Tri Marine
Cooke Seafood
China National Fisheries
Liaoyu Group
Shanghai Kai Chuang
Zhejiang Ocean Family
Key Questions Addressed in this Report
What is the 10-year outlook for the global Frozen Fish and Seafood market?
What factors are driving Frozen Fish and Seafood market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Frozen Fish and Seafood market opportunities vary by end market size?
How does Frozen Fish and Seafood break out by Type, by Application?
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