Global Surimi Market Growth 2023-2029

Global Surimi Market Growth 2023-2029

Surimi is a concentrate of whitefish proteins. The extraction of surimi takes place onboard factory vessels, just after fishing, or in land-based factories. The meat of fish fillets is minced and rinsed with fresh water several times; only soluble proteins are kept. The paste obtained from this process, odorless and tasteless, is put in the form of frozen blocks called surimi base. Then cyoprotectants15 are added to the surimi base in order to preserve its gelling and elastic properties. These blocks are sold to the food processors, which transform this raw material with other ingredients to give it texture, taste and color, and obtain the final product, called surimi or kamaboko, which is popular on Asiatic and European markets.
LPI (LP Information)' newest research report, the “Surimi Industry Forecast” looks at past sales and reviews total world Surimi sales in 2022, providing a comprehensive analysis by region and market sector of projected Surimi sales for 2023 through 2029. With Surimi sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Surimi industry.
This Insight Report provides a comprehensive analysis of the global Surimi 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 Surimi portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Surimi market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Surimi 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 Surimi.
The global Surimi market size is projected to grow from US$ 5414.9 million in 2022 to US$ 9589.1 million in 2029; it is expected to grow at a CAGR of 9589.1 from 2023 to 2029.
Global key players of Surimi include Anjoyfood, Viciunai Group, Fujimitsu, Sugiyo, APITOON and Luck Union Foods, etc. Top five players occupy for a share about 24%. Asia-Pacific is the largest market, with a share about 57%, followed by North America and Europe. In terms of product, Frozen Surimi is the largest segment, with a share over 55%. In terms of application, Households is the largest market, with a share over 55%.
This report presents a comprehensive overview, market shares, and growth opportunities of Surimi market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Frozen Surimi
Chilled & Fresh Surimi
Segmentation by application
Households
HoReCa
Others
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 analyzing the company's coverage, product portfolio, its market penetration.
Viciunai Group
Trans-Ocean Products
Seaprimexco Vietnam
Thong Siek Global
Gadre Marine
Ocean More Foods Co., Ltd.
APITOON
Luck Union Foods
Sugiyo
Aquamar
Fujimitsu
Seapack
Shining Ocean
Haixin
Anjoyfood
Huifafood
Haibawang
Longsheng
Key Questions Addressed in this Report
What is the 10-year outlook for the global Surimi market?
What factors are driving Surimi market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Surimi market opportunities vary by end market size?
How does Surimi break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.