Frozen Seafoods Market seeing Strong Fundamentals; Expansion Continues:High Liner Foods,Tassal Group

Seafood on ice at the fish market

The Latest Released Frozen Seafoods market study has evaluated the future growth potential of Frozen Seafoods market and provides information and useful stats on market structure and size. The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential drivers, challenges, opportunities, and restraints in the Frozen Seafoods market. The study includes market share analysis and profiles of players such as Tri Marine International (United States), Clearwater Seafood (Canada), Iglo Group (Netherlands), Shanghai Kaichuang (China), Lyons Seafoods (United Kingdom), AquaChile (Chile), High Liner Foods (Canada), Tassal Group (Australia), Toyo Suisan Kaisha (Japan), Austevoll Seafood (Norway), Sajo Industries (South Korea) are some of the key players that are part of study coverage. Additionally, the players who are also part of the research coverage are Nippon Suisan Kaisha (Japan), Surapon Foods Public (Thailand), Marine International (United States), Leroy Seafood (Norway), Marine Harvest (Norway).

If you are a Frozen Seafoods manufacturer and would like to check or understand the policy and regulatory proposals, designing clear explanations of the stakes, potential winners and losers, and options for improvement then this article will help you understand the pattern with Impacting Trends.

 

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According to HTF Market Intelligence, the Global Frozen Seafoods market to witness a CAGR of % during forecast period of 2023-2029. The market is segmented by Type (Frozen Shrimps, Frozen Fish, Frozen Shellfish, Frozen Mollusks, Others) by Nature (Organic, Conventional) by End User (Food Processing Industry, Food Service Provider, Retail/Household) by Distribution Channel (Online Retail, Supermarket/Hypermarket, Convenience Stores, Specialty Stores, Others) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Frozen Seafoods market size is estimated to increase by USD  at a CAGR of % from 2023 to 2029. The report includes historic market data from 2019 to 2023E. Currently, market value is pegged at USD

Definition:

Frozen Seafood is a preserved food in the freezer before the cooking process. With the help of freezing process lifespan of that food can be increased for period of time. Freezing process helps in maintaining quality and consistency.

Rise in demand for Seafood market from isolated location is one of the key factor driving the market. Frozen Seafood has got its importance worldwide as it contains high quality contain and other essential nutrients which is an important part of a healthy diet. Nearly 90% of exports of marine products are in the frozen form. The Frozen sea food is anticipated to witness a substantial growth in upcoming decades due to globalization

 

Market Trends:

  • Demand for Sealed and Tamper-proof Steel Container Food is High, as they Protect Food from Harmful Bacteria
  • Growing Demand for Clean Protein and Green Packaging of Seafood Products

Market Drivers:

  • Health and Nutritional Benefits Associated With its Consumption
  • Ease in Transportation and Distribution as Freezing Increases the Shelf Life of Seafood

Market Opportunities:

  • Rise in Demand For High Protein Food Especially Among Developed Economies
  • Consumer Inclination towards Frozen Food prepared with Organic Ingredient

Revenue and Sales Estimation — Historical Revenue and sales volume are presented and further data is triangulated with top-down and bottom-up approaches to forecast complete market size and to estimate forecast numbers for key regions covered in the report along with classified and well-recognized Types and end-use industry.

SWOT Analysis on Frozen Seafoods Players
In addition to Market Share analysis of players, in-depth profiling, product/service, and business overview, the study also concentrates on BCG matrix, heat map analysis, FPNV positioning along with SWOT analysis to better correlate market competitiveness.

Demand from top-notch companies and government agencies is expected to rise as they seek more information on the latest scenario. Check the Demand Determinants section for more information.

Regulation Analysis
• Local System and Other Regulation: Regional variations in Laws for the use of Frozen Seafoods
• Regulation and its Implications
• Other Compliances

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FIVE FORCES & PESTLE ANALYSIS:

In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.

• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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Heat map Analysis, 3-Year Financial and Detailed Company Profiles of Key & Emerging Players: Tri Marine International (United States), Clearwater Seafood (Canada), Iglo Group (Netherlands), Shanghai Kaichuang (China), Lyons Seafoods (United Kingdom), AquaChile (Chile), High Liner Foods (Canada), Tassal Group (Australia), Toyo Suisan Kaisha (Japan), Austevoll Seafood (Norway), Sajo Industries (South Korea) are some of the key players that are part of study coverage. Additionally, the players who are also part of the research coverage are Nippon Suisan Kaisha (Japan), Surapon Foods Public (Thailand), Marine International (United States), Leroy Seafood (Norway), Marine Harvest (Norway).

Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and the Rest of APAC; the Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)

Some Extracts from Frozen Seafoods Market Study Table of Content

Frozen Seafoods Market Size (Sales) Market Share by Type (Product Category) [(Frozen Shrimps, Frozen Fish, Frozen Shellfish, Frozen Mollusks, Others)] in 2023
Frozen Seafoods Market by Application/End Users []
Global Frozen Seafoods Sales and Growth Rate (2019-2029)
Frozen Seafoods Competition by Players/Suppliers, Region, Type, and Application
Frozen Seafoods (Volume, Value, and Sales Price) table defined for each geographic region defined.
Supply Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
……..and view more in complete table of Contents

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