Market Overview:
The global seafood processing equipment market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for processed seafood products across the globe. Additionally, rising disposable income and changing food habits are also contributing to the growth of this market. The global seafood processing equipment market is segmented on the basis of type, application, and region. On the basis of type, it is divided into crustaceans processing equipment, fish processing equipment, molluscs processing equipment, and others. Crustaceans include shrimp, lobster etc., while fish includes tuna etc. Molluscs include clams etc. Others include octopus etc. On the basis of application, it is classified into frozen seafood products such as shrimp cocktail or sushi rolls; smoked seafood products such as salmon jerky or trout pastrami; canned seafood products such as tuna in oil or sardines in tomato sauce; dried seafood products such as squid rings or salted codfish; surimi-based Seafood Productssuch as crab sticks or imitation lobster meat ;and others including ready-to-eat meals with pre-cooked Seafood ingredients .
Product Definition:
The equipment used in seafood processing, including knives, scissors, saws and grinders to clean and prepare the seafood.
Crustaceans Processing Equipment:
Crustaceans processing equipment is used for removing the hard outer shell of a crustacean. The most commonly processed crustaceans are shrimp, prawns, and crabs. There are two types of equipment used in this process namely semi-automatic and automatic.
Fish Processing Equipment:
Fish processing equipment is used to process fresh, frozen and thawed fish, fillets and cut-up (pieces) in food manufacturing industries. The primary function of the fish processing equipment is to clean the raw product so that it can be sold as ready-to-eat or ready-to cook meals. In addition, these machines are also used for skinning & deveining the products before selling them as processed products.
Application Insights:
The frozen seafood processing application segment led the market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing consumption of frozen processed fish products, such as fillets, nuggets, and strips across the globe. Furthermore, increasing demand for canned fish products by consumers across various regions is expected to drive product demand over the coming years.
Regional Analysis:
Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing seafood consumption in China, India, Thailand, Vietnam and other countries of Southeast Asia. Moreover, rising awareness regarding health benefits associated with processed seafood products is projected to fuel regional market growth during the forecast period.
The European region accounted for a significant revenue share in 2017 owing to high demand from Italy and Spain on account of increased production levels of canned fish and sardines there. However, stringent fishing regulations enforced by various governments coupled with growing concerns regarding sustainability are expected to negatively impact industry growth over the next eight years.
North America region witnessed healthy growth on account of increasing consumption levels of frozen seafood among consumers as well as restaurants & food chains across U.S.
Growth Factors:
- Increasing demand for seafood products from the developing countries
- Rising disposable income of the consumers in the developed countries
- Technological advancements in seafood processing equipment
- Growing awareness about the health benefits of consuming seafood products
- Stringent food safety regulations
Scope Of The Report
Report Attributes
Report Details
Report Title
Seafood Processing Equipment Market Research Report
By Type
Crustaceans Processing Equipment, Fish Processing Equipment, Molluscs Processing Equipment, Others
By Application
Frozen Seafood, Smoked Seafood, Canned Seafood, Dried Seafood, Surimi Seafood, Others
By Companies
Marine Harvest, Thai Union Frozen Products, Maruha Nichiro Corporation, Nippon Suisan Kaisha, Kyokuyo, Trident seafood, Nueva Pescanova, High Liner Foods, Cermaq, Nomad Foods, Grieg Seafood, Austevoll Seafood, Guolian Aquatic Products, Zoneco Group
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Seafood Processing Equipment Market Report Segments:
The global Seafood Processing Equipment market is segmented on the basis of:
Types
Crustaceans Processing Equipment, Fish Processing Equipment, Molluscs Processing Equipment, Others
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
Frozen Seafood, Smoked Seafood, Canned Seafood, Dried Seafood, Surimi Seafood, Others
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:
- Marine Harvest
- Thai Union Frozen Products
- Maruha Nichiro Corporation
- Nippon Suisan Kaisha
- Kyokuyo
- Trident seafood
- Nueva Pescanova
- High Liner Foods
- Cermaq
- Nomad Foods
- Grieg Seafood
- Austevoll Seafood
- Guolian Aquatic Products
- Zoneco Group
Highlights of The Seafood Processing Equipment 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:
- Crustaceans Processing Equipment
- Fish Processing Equipment
- Molluscs Processing Equipment
- Others
- By Application:
- Frozen Seafood
- Smoked Seafood
- Canned Seafood
- Dried Seafood
- Surimi Seafood
- Others
- 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 Seafood Processing Equipment 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
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- Consumer Insights
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- Product & Brand Management
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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?
Seafood processing equipment is used to clean, process and package seafood products. This includes machines that remove scales, fins and other debris from the fish or shellfish; those that cut the fish into uniform pieces; and those that package the seafood for sale.
Some of the major players in the seafood processing equipment market are Marine Harvest, Thai Union Frozen Products, Maruha Nichiro Corporation, Nippon Suisan Kaisha, Kyokuyo, Trident seafood, Nueva Pescanova, High Liner Foods, Cermaq, Nomad Foods, Grieg Seafood, Austevoll Seafood, Guolian Aquatic Products, Zoneco Group.
The seafood processing equipment market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Seafood Processing Equipment Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Seafood Processing Equipment Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Seafood Processing Equipment Market - Supply Chain
4.5. Global Seafood Processing Equipment Market Forecast
4.5.1. Seafood Processing Equipment Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Seafood Processing Equipment Market Size (000 Units) and Y-o-Y Growth
4.5.3. Seafood Processing Equipment Market Absolute $ Opportunity
5. Global Seafood Processing Equipment Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Seafood Processing Equipment Market Size and Volume Forecast by Type
5.3.1. Crustaceans Processing Equipment
5.3.2. Fish Processing Equipment
5.3.3. Molluscs Processing Equipment
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Seafood Processing Equipment Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Seafood Processing Equipment Market Size and Volume Forecast by Application
6.3.1. Frozen Seafood
6.3.2. Smoked Seafood
6.3.3. Canned Seafood
6.3.4. Dried Seafood
6.3.5. Surimi Seafood
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Seafood Processing Equipment Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Seafood Processing Equipment Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Seafood Processing Equipment Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Seafood Processing Equipment Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Seafood Processing Equipment Demand Share Forecast, 2019-2026
9. North America Seafood Processing Equipment Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Seafood Processing Equipment Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Seafood Processing Equipment Market Size and Volume Forecast by Application
9.4.1. Frozen Seafood
9.4.2. Smoked Seafood
9.4.3. Canned Seafood
9.4.4. Dried Seafood
9.4.5. Surimi Seafood
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Seafood Processing Equipment Market Size and Volume Forecast by Type
9.7.1. Crustaceans Processing Equipment
9.7.2. Fish Processing Equipment
9.7.3. Molluscs Processing Equipment
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Seafood Processing Equipment Demand Share Forecast, 2019-2026
10. Latin America Seafood Processing Equipment Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Seafood Processing Equipment Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Seafood Processing Equipment Market Size and Volume Forecast by Application
10.4.1. Frozen Seafood
10.4.2. Smoked Seafood
10.4.3. Canned Seafood
10.4.4. Dried Seafood
10.4.5. Surimi Seafood
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Seafood Processing Equipment Market Size and Volume Forecast by Type
10.7.1. Crustaceans Processing Equipment
10.7.2. Fish Processing Equipment
10.7.3. Molluscs Processing Equipment
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Seafood Processing Equipment Demand Share Forecast, 2019-2026
11. Europe Seafood Processing Equipment Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Seafood Processing Equipment Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Seafood Processing Equipment Market Size and Volume Forecast by Application
11.4.1. Frozen Seafood
11.4.2. Smoked Seafood
11.4.3. Canned Seafood
11.4.4. Dried Seafood
11.4.5. Surimi Seafood
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Seafood Processing Equipment Market Size and Volume Forecast by Type
11.7.1. Crustaceans Processing Equipment
11.7.2. Fish Processing Equipment
11.7.3. Molluscs Processing Equipment
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Seafood Processing Equipment Demand Share, 2019-2026
12. Asia Pacific Seafood Processing Equipment Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Seafood Processing Equipment Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Seafood Processing Equipment Market Size and Volume Forecast by Application
12.4.1. Frozen Seafood
12.4.2. Smoked Seafood
12.4.3. Canned Seafood
12.4.4. Dried Seafood
12.4.5. Surimi Seafood
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Seafood Processing Equipment Market Size and Volume Forecast by Type
12.7.1. Crustaceans Processing Equipment
12.7.2. Fish Processing Equipment
12.7.3. Molluscs Processing Equipment
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Seafood Processing Equipment Demand Share, 2019-2026
13. Middle East & Africa Seafood Processing Equipment Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Seafood Processing Equipment Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Seafood Processing Equipment Market Size and Volume Forecast by Application
13.4.1. Frozen Seafood
13.4.2. Smoked Seafood
13.4.3. Canned Seafood
13.4.4. Dried Seafood
13.4.5. Surimi Seafood
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Seafood Processing Equipment Market Size and Volume Forecast by Type
13.7.1. Crustaceans Processing Equipment
13.7.2. Fish Processing Equipment
13.7.3. Molluscs Processing Equipment
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Seafood Processing Equipment Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Seafood Processing Equipment Market: Market Share Analysis
14.2. Seafood Processing Equipment Distributors and Customers
14.3. Seafood Processing Equipment Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Marine Harvest
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Thai Union Frozen Products
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Maruha Nichiro Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nippon Suisan Kaisha
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Kyokuyo
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Trident seafood
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Nueva Pescanova
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. High Liner Foods
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Cermaq
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nomad Foods
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Grieg Seafood
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Austevoll Seafood
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Guolian Aquatic Products
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Zoneco Group
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
