Asia Pacific Frozen Seafood Market was worth USD 10.62 billion in 2018 and estimated to be growing at a CAGR of 5.36%, to reach USD 13.79 billion by 2023. Frozen fish and seafood are food items which are packaged in order to increase the shelf life of the products. Due to the rising urbanisation, there has been an increase in the demand for convenient food products which are easy and quick to make.
A rise in the working women population base, improving living standards and the growth of urban settlements are adding to the popularity of convenience food products which in turn drives the growth of the market. However, various health concerns and the need to reduce fish contamination remain key challenges for leading vendors.
Asia Pacific Frozen Seafood Market Segmentation by distribution channel. By distribution channel the market is analyzed under supermarkets and hypermarkets, independent retailers, convenience stores, speciality retailers and others. Among these, supermarkets and hypermarkets dominated the market and are expected to retain their leading position over the forecast period. This segment is finding increased acceptance among sellers as a highly attractive retail outlet to sell different types of frozen fish and seafood, because of the accessibility it grants to a vast range of products at discounted prices. Convenience stores and independent retailers are also projected to obtain a considerable market share over the forecast period on account of the growing sales of frozen fish and seafood across different countries. On the basis of geography, the market is analysed under various regions namely China, India, Japan, South Korea, Taiwan, Australia and South East Asia. Asia Pacific region is expected to grow at the highest CAGR.
Key players operating in the market include Leroy Seafood, High Liner Foods, Marine Harvest, and Iglo Group. Other prominent vendors include Beijing Princess Seafood International Trading, Austevoll Seafood, Fishery Products International, Clearwater Seafood, AquaChile, Sajo Industries, Lyons Seafoods,Shanghai Kaichuang, Hansung Enterprise, Marine International, Surapon Foods Public, Tri Marine International, Tassal Group,and Toyo Suisan Kaisha.
1. Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Distribution channel
5.1.1 Introduction
5.1.2 Supermarkets and hypermarkets
5.1.3 Independent retailers
5.1.4 Convenience stores
5.1.5 Speciality retailers
5.1.6 Others
5.1.7 Y-o-Y Growth Analysis, By Distribution channel
5.1.8 Market Attractiveness Analysis, By Ditribution channel
5.1.9 Market Share Analysis, By Distribution channel
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Distribution channel
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Distribution channel
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Distribution channel
6.2 China
6.3 India
6.4 Japan
6.5 South Korea
6.6 Australia
7. Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8. Market Leaders' Analysis
8.1 Clearwater Seafood
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 AquaChile
8.3 Leroy Seafood
8.4 High Liner Foods
8.5 Marine Harvest
8.6 Iglo Group
8.7 Beijing Princess Seafood International Trading
8.8 Austevoll Seafood
8.9 Fishery Products International
8.10 Sajo Industries
9. Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10. Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
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Feb 2020
