Frozen Seafood Market Value Trends, Growth Rate, Opportunities & Forecast To 2027
Global
Frozen Seafood Market Value –
Overview
The global Frozen Seafood Market Value
has witnessed continued demand during the last few years. Market Research
Future, a firm which focuses in market reports related to the Food, Beverages
& Nutrition sector among others, recently forecasted in its report on ‘Global
Frozen Seafood Market Value Research Report- Forecast to 2023’ that the market
will demonstrate an exceptional CAGR % while achieving good growth rapidly in
the forecast period.
Innovation in technologies and
logistics are the major factors in measuring growth of Frozen Seafood Market
Value. Advancement in freezing technologies, innovative refrigerator displays
in supermarkets, and better and faster supply chain solutions have resulted in
increasing demand of frozen seafood. Regions with cold climates had been
relying on natural food freezing such as using winter frosts to prepare frozen
seafood whereas regions with temperate climates where preservation of ice and
snow was difficult, such regions had adopted artificial cooling methods. Over
the decades, freezing techniques had improved and had become efficient and more
cost-effective. Use of mechanical freezers, cryogenic or (flash freezing) of
food, and other technologies have developed and used by key industrial players
all over the world.
Global
Frozen Seafood Market Value - Competitive
Analysis
Market players in Frozen
Seafood Market Value are emphasizing in the merger &
acquisition activities to upsurge the product portfolio of the company. Also,
the manufacturers are also investing in the frozen seafood processing plant to
increase the product portfolio. The tactical expansion of frozen seafood
manufacturers includes use of online channels for marketing. For that, key
manufacturers are entering into a collaboration with the online channels in
order to reach maximum customers and also to upsurge the brand value of the
product. Key players are penetrating into the untapped market to increase the
overall profitability. Key industrial players create and run awareness campaign
to educate consumers and drive them to make a rational choice.
The key players profiled in frozen
seafood report are High Liner Foods (Canada), Iglo Group (U.K.), Leroy Seafood
(Norway), Marine Harvest (Norway), and Austevoll Seafood (Norway), Clearwater
Seafood (Canada), and AquaChile (Switzerland) among many others.
Global
Frozen Seafood Market Value – Segments
Global Frozen Seafood Market Value has
been divided into type, end user, distribution channel, and Region
On
the Basis of Type: Fish, Shrimp, Squid, Crab, Lobster, and
Others
On
the Basis of End User: Food service, and Food retail
On
the Basis of Distribution Channel: Supermarkets & hypermarkets,
Specialty retailers, Convenience stores, Specialty stores, and E-Commerce
On
the Basis of Region: North America, Europe, Asia Pacific, and
Rest of the World
Browse Full Report @ https://www.marketresearchfuture.com/reports/frozen-sea-food-market-2708
Latest
Industry Updates
Sep
2017 Canada based company, Clearwater Seafoods launched a
flagship store to increase the sales of Frozen Seafood products through online
platform.
May
2017 Grupo Nueva Pescanova invested €42.5 million to renew its fleet in
Africa which will aid the overall production of seafood.
May
2017 High Liner Foods acquired Rubicon Resources, LLC. The acquisition
will aid the company to augment the product portfolio in shrimp which are
experiencing a massive growth in the North America region.
Mar
2017 Clearwater Seafoods numerous wild-caught shellfish formats to meet
growing demand.
Global
Frozen Seafood Market Value -
Regional Analysis
The global Frozen Seafood Market Value
is segmented into North America, Europe, Asia Pacific and Rest of the World.
Among all the region, Europe region is estimated to account for the major
market proportion in the year of 2017. The region is estimated to retain its
dominance throughout the forecast period of 2017-2023. Germany is holding major
market proportion in the Frozen Seafood Market Value. Asia Pacific region is
expected to witness massive growth during the forecast period of 2017-2023.
East & south eastern part of Asia Pacific region is the largest producer of
frozen seafood products. Moreover, frozen seafood consumption is relatively
high in the south eastern part of Asia Pacific region. Increasing consumer
awareness towards healthy food habit is expected to drive the growth of Frozen
Seafood Market Value in Asia Pacific region.
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will be considering Covid19 Footprints for Better Analysis of Market and
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