The Global Frozen Seafood Market size is expected to grow from USD 15.33 billion in 2022 to USD 24.25 billion by 2030, at a CAGR of 5.9% during the forecast period (2023-2030).
The Global Frozen Seafood Market size is expected to grow from USD 15.33 billion in 2022 to USD 24.25 billion by 2030, at a CAGR of 5.9% during the forecast period (2023-2030).
Frozen seafood is the preservation of seafood items in ice-cold temperature. Farmers and fishermen are using these techniques for many years they used to preserve the food in the winter session. Seafood is getting directly through the water and after processing it is directly put into the deep freezer at low temperature. Temperature is at -40°C or below, at this temperature most of the water inside the tissue of seafood animals is turning into ice. This will prevent the growth of microorganism inside the fish that helps to decompose the animals.
The latest research on the Frozen Seafood market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Frozen Seafood industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Frozen Seafood market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Market Dynamics and Factors:
The demand in increased for ready-to-cook/eat food products over the recent years due to various factors such as availability, affordability, convenience, high nutritional value, and others. This has increased the demand for frozen seafood. Rise in eating readily available products which are easy to cook and consume the lesser time and efforts to cook, this will reduce the time required for cooking and also gives required nutrients to the body to maintain health. In addition, there is an increase in awareness among people regarding the health benefits of seafood; this boosts the demand for frozen seafood which directly impacted the frozen seafood market. Easy availability and affordable products in various varieties are helping the expansion of the frozen seafood market.
Frozen Seafood Market Report Highlight:
Segmentation of Frozen Seafood market:
By Type
By Distribution Channel
Key Benefits for Industry Participants & Stakeholders:
Market Segment by Regions and Countries Level Analysis:
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Jan 04, 2024