Market Overview:
The global frozen fish and seafood market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in the market can be attributed to factors such as, rising demand for seafood due to changing dietary habits, increasing disposable income, and growing awareness about the health benefits of consuming seafood. The frozen fish segment is projected to grow at a CAGR of 6.0% during the forecast period, while the frozen shrimp segment is projected to grow at a CAGR of 4.8%. Among applications, supermarkets and hypermarkets are expected to account for the largest share in terms of revenue in 2018; this segment is also projected to grow at a higher rate than other applications during the forecast period.
Product Definition:
Frozen fish and seafood is a food that has been preserved by freezing. The importance of frozen fish and seafood is that it can last for a long time without going bad.
Frozen Fish:
Frozen fish, it's a part of frozen food that contains fish meat and its organs such as liver, kidney, heart. The primary function of freezing is to kill microorganisms present in the raw material. After the slaughtering process, these products are stored at extremely low temperatures so as to preserve them for a longer time span.
The growth factor in this market is increasing demand from developing countries including China.
Frozen Shrimp:
Frozen shrimp is the seafood that has been frozen at the maturity stage. The freezing process does not affect the nutritional value of seafood and it remains edible even after being frozen. Shrimp is one of the most consumed types of seafood across all regions globally, with different varieties available in various colors and sizes.
Application Insights:
Supermarkets and hypermarkets held the largest market share of more than 60% in 2017. Frozen seafood is a convenient, ready-to-cook product that helps to fulfill the nutritional requirements of consumers. Moreover, increasing penetration of frozen food products in supermarkets and hypermarkets on account of rising disposable income among working class people has been contributing significantly to segment growth over the past few years.
The independent retailer¢â‚¬â„¢s application segment is expected to witness significant growth over the forecast period owing to growing preference for purchasing from small stores or localities where freshness and quality are concerned utmost importance is given by end users such as restaurants, hotels etcetera.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through the forecast period on account of increasing consumption of seafood and fish products. Asia Pacific is projected to be the fastest-growing regional market from 2018 to 2030 owing to rising disposable income, improving standards of living, and expanding retail sector in emerging economies including China and India. Furthermore, increased consumer spending capacity due to growing economy will drive demand for frozen seafood over the forecast period.
The European market was valued at USD X billion in 2017 owing a large volume of exports coupled with high domestic demand for salmonids (freshwater species).
Growth Factors:
- Increasing demand for seafood in the developing countries as a result of changing dietary habits and increasing disposable income.
- Rising awareness about the health benefits of consuming seafood, especially among the health-conscious consumers.
- Proliferation of supermarkets and modern retail formats, which is aiding in widening the distribution channels for frozen fish and seafood products.
- Growing popularity of processed and value-added frozen fish and seafood products among consumers due to their convenience and nutritional benefits.
Scope Of The Report
Report Attributes
Report Details
Report Title
Frozen Fish and Seafood Market Research Report
By Type
Frozen Fish, Frozen Shrimp, Frozen Shellfish, Other
By Application
Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores, Specialty Stores, Other
By Companies
AquaChile, Clearwater, High Liner Foods, Nomad Foods Europe, Austevoll Seafood, Hansung Enterprise, Leroy Seafood Group, Lyons Seafoods, Marine Harvest, Surapon Foods, AquaChile, Tri Marine
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
213
Number of Tables & Figures
150
Customization Available
Yes, the report can be customized as per your need.
Global Frozen Fish and Seafood Market Report Segments:
The global Frozen Fish and Seafood market is segmented on the basis of:
Types
Frozen Fish, Frozen Shrimp, Frozen Shellfish, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Supermarkets and Hypermarkets, Independent Retailers, Convenience Stores, Specialty Stores, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AquaChile
- Clearwater
- High Liner Foods
- Nomad Foods Europe
- Austevoll Seafood
- Hansung Enterprise
- Leroy Seafood Group
- Lyons Seafoods
- Marine Harvest
- Surapon Foods
- AquaChile
- Tri Marine
Highlights of The Frozen Fish and Seafood Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Frozen Fish
- Frozen Shrimp
- Frozen Shellfish
- Other
- By Application:
- Supermarkets and Hypermarkets
- Independent Retailers
- Convenience Stores
- Specialty Stores
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Frozen Fish and Seafood Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Frozen fish and seafood is a food product that contains fresh or frozen seafood.
Some of the major players in the frozen fish and seafood market are AquaChile, Clearwater, High Liner Foods, Nomad Foods Europe, Austevoll Seafood, Hansung Enterprise, Leroy Seafood Group, Lyons Seafoods, Marine Harvest, Surapon Foods, AquaChile, Tri Marine.
The frozen fish and seafood market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Frozen Fish and Seafood Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Frozen Fish and Seafood Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Frozen Fish and Seafood Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Frozen Fish and Seafood Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Frozen Fish and Seafood Market Size & Forecast, 2020-2028
4.5.1 Frozen Fish and Seafood Market Size and Y-o-Y Growth
4.5.2 Frozen Fish and Seafood Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Frozen Fish
5.2.2 Frozen Shrimp
5.2.3 Frozen Shellfish
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Supermarkets and Hypermarkets
6.2.2 Independent Retailers
6.2.3 Convenience Stores
6.2.4 Specialty Stores
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Frozen Fish and Seafood Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Frozen Fish and Seafood Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Frozen Fish
9.6.2 Frozen Shrimp
9.6.3 Frozen Shellfish
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Supermarkets and Hypermarkets
9.10.2 Independent Retailers
9.10.3 Convenience Stores
9.10.4 Specialty Stores
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Frozen Fish
10.6.2 Frozen Shrimp
10.6.3 Frozen Shellfish
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Supermarkets and Hypermarkets
10.10.2 Independent Retailers
10.10.3 Convenience Stores
10.10.4 Specialty Stores
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Frozen Fish
11.6.2 Frozen Shrimp
11.6.3 Frozen Shellfish
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Supermarkets and Hypermarkets
11.10.2 Independent Retailers
11.10.3 Convenience Stores
11.10.4 Specialty Stores
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Frozen Fish
12.6.2 Frozen Shrimp
12.6.3 Frozen Shellfish
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Supermarkets and Hypermarkets
12.10.2 Independent Retailers
12.10.3 Convenience Stores
12.10.4 Specialty Stores
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Frozen Fish
13.6.2 Frozen Shrimp
13.6.3 Frozen Shellfish
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Supermarkets and Hypermarkets
13.10.2 Independent Retailers
13.10.3 Convenience Stores
13.10.4 Specialty Stores
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Frozen Fish and Seafood Market: Competitive Dashboard
14.2 Global Frozen Fish and Seafood Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AquaChile
14.3.2 Clearwater
14.3.3 High Liner Foods
14.3.4 Nomad Foods Europe
14.3.5 Austevoll Seafood
14.3.6 Hansung Enterprise
14.3.7 Leroy Seafood Group
14.3.8 Lyons Seafoods
14.3.9 Marine Harvest
14.3.10 Surapon Foods
14.3.11 AquaChile
14.3.12 Tri Marine
