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Pulished Date February, 2020
ID: 4142
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Global Frozen Seafood Market By Distribution Channel (supermarkets And Hypermarkets, Independent Retailers, Convenience Stores, Speciality Retailers and Others) and by Regional Analysis (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast (2020 – 2025)

Pulished: February, 2020
ID: 4142
Pages: 170

Frozen Seafood Market Growth and Forecast (2020-2025):

The global Frozen Seafood Market size was calculated to be USD xx billion in 2020, and it is determined to reach a value of USD xx billion by 2025 at a CAGR of 7.3% during the conjecture timeframe. Frozen seafood does not affect nutritional values like A and D, fats and proteins. Market growth increases as it is not affected by the freeze.

Market Overview:

Seafood is one of the most perishable foods, so special attention should be paid to freezing until it reaches the consumer. Seafood contains high-quality protein and other essential nutrients. Shellfish protein is simpler to process since shellfish have less connective tissue than red meat and poultry. Fish contains polyunsaturated fats like omega-3 unsaturated fats that are not delivered by the human body. It is gainful for human coronary illness and is basic for the improvement of the mind and vision in babies. Fish is a characteristic wellspring of nutrients D and A, and the B complex is valuable for the best possible improvement of the sensory system and bones and for sound vision and skin. Fish gives minerals, for example, calcium and iron, selenium, iodine, and zinc. Selenium goes about as a cancer prevention agent and ensures against cell harm. Zinc assists with cell development and improves the safe framework. Iron is important for the production of red blood cells. Therefore, seafood is an important part of a healthy and balanced diet. Frozen seafood is processed by two processes like rapid freezing and cryogenics known as machines. Frozen seafood products are mainly frozen using the most popular refrigeration techniques due to the presence of ultra-low liquid nitrogen at -196 degrees Celsius. The odorless stabilizer, carboxymethyl cellulose, is mainly used for frozen seafood products that do not harm the quality of frozen seafood products. Many frozen seafood manufacturers are implementing cryogenic freezing to keep temperatures low, including carbon dioxide or liquid nitrogen, which is used to freeze seafood. Using modern refrigeration technology, frozen seafood products can be stored for a long time.

Frozen Seafood Market Growth:

Frozen seafood products are processed to suppress the formation of bacteria in food and extend the shelf life of food, which is likely to improve its demand in the coming years.

REPORT COVERAGE:

REPORT METRIC

DETAILS

Market Size Available

2019 – 2025

Base Year

2019

Forecast Period

2020 - 2025

CAGR

7.3%

Segments Covered

By Distribution Channel and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Clearwater Seafood, AquaChile, Leroy Seafood, High Liner Foods, Marine Harvest, Iglo Group, Beijing Princess Seafood International Trading, Austevoll Seafood, Fishery Products International, Sajo Industries and Others.

Drivers:

The demand for frozen seafood products is increasing worldwide as leading manufacturers are focusing on providing healthier products. Frozen seafood products are chilled with cryogenic technology to inhibit bacterial growth in products. Using modern refrigeration technology, frozen seafood products can be stored for a long time. Many consumers are changing their preference for frozen foods over canned foods because nutrients are not destroyed in frozen foods, and foods are consumed worldwide. These frozen seafood products are consumed worldwide as they maintain the quality of the product. Therefore, the global frozen seafood market is expected to experience strong growth during the forecast period. Expanded interest for fishery items in remote regions has quickened the creation of solidified fishery items.

Companies that produce frozen fish products actively depend on cold storage areas, which is a major obstacle to the market. A solid cold chain infrastructure has become essential for the distribution of frozen fish products, but the shortage of such services may cause some problems for the company. The world leader for frozen seafood is adopting advanced processing technology to increase product durability against external factors such as weather changes, mechanical damage, and freezing temperature fluctuations. Multinational retail food chains like Red Lobster make up a significant part of the frozen seafood market. This large chain continues to demand frozen food instead of fresh seafood. Therefore, despite the growing demand for fresh produce, the frozen seafood market is expected to grow. Additionally, fresh seafood can open up new opportunities as advanced storage facilities can hold a wide variety of fresh and seafood for a long time. Growth in disposable income in developing countries, increased awareness of the health benefits of shellfish, and the development of processing and storage capacities are supposed to help cultivate fresh shellfish products in the near future. Furthermore, since the large retail seafood chains represent a significant part of the overall market share, a strategic collaboration in the frozen seafood market is expected during the forecast period.

Restraints:

The main challenge for the frozen seafood market is the limited storage options of the new market. To overcome these challenges, the company is investing in processing to improve the life cycle of its products and maintain its flavor. Advances toward this path are relied upon to see sound development for the solidified fish advertise soon.

Frozen Seafood Market Segmentation Analysis:

By Distribution Channel:

  • Supermarkets and hypermarkets
  • Independent retailers      
  • Convenience stores          
  • Speciality retailers
  • Others

Impact of Covid-19 on the Global Frozen Seafood Market:

The Covid-19 pandemic has encouraged consumers to prefer fresh foods over refrigerated products to improve immunity and disease resistance. This aspect is touted to have an adverse effect on the global frozen seafood market in the coming years. However, the companies’ interest to develop alternative products is determined to create new opportunities.

Geographical Segmentation Analysis:

  • North America - the United States and Canada
  • Europe - United Kingdom, Spain, Germany, Italy, and France
  • The Asia Pacific - India, Japan, China, Australia, Singapore, Malaysia, South Korea, New Zealand, and Southeast Asia
  • Latin America  - Brazil, Argentina, Mexico, and Rest of LATAM
  • The Middle East and Africa - Africa and Middle East (Saudi Arabia, UAE, Lebanon, Jordan, Cyprus)

Regional Analysis:

The market frozen seafood industry is geographically segmented as North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. Of all the regions in the world, North America has become a dominant locale followed by Europe and Asia Pacific in the global market. As the demand for frozen seafood as a variety of end-use thickeners increases, the global frozen seafood market is supposed to intensify its growth, greatly increasing the contribution of market revenue during the outlook period. Europe had the largest share based on sales in 2017. The industry is supposed to lead due to the rising call for seafood and the increase in refrigeration chains in the region. Europe was followed by North America and Asia Pacific in terms of imports. The Asia Pacific region is determined to grow significantly in the coming years mainly due to regional population growth, urbanization, and cold chain networks.

Key Players in the Market:

Major Key Players in the Global Frozen Seafood Market are

  • Clearwater Seafood              
  • AquaChile                 
  • Leroy Seafood                         
  • High Liner Foods                     
  • Marine Harvest                       
  • Iglo Group                 
  • Beijing Princess Seafood International Trading               
  • Austevoll Seafood                 
  • Fishery Products International                         
  • Sajo Industries

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 North America                          

                                6.1.1 Introduction           

                                6.1.2 United States         

                                6.1.3 Canada     

                6.3 Europe                         

                                6.2.1 Introduction           

                                6.2.2 U.K             

                                6.2.3 Spain         

                                6.2.4 Germany 

                                6.2.5 Italy            

                                6.2.6 France       

                6.4 Asia-Pacific                 

                                6.3.1 Introduction           

                                6.3.2 China         

                                6.3.3 India          

                                6.3.4 Japan         

                                6.3.5 Australia   

                                6.3.6 South Korea           

                6.5 Latin America                             

                                6.4.1 Introduction           

                                6.4.2 Brazil          

                                6.4.3 Argentina

                                6.4.4 Mexico     

                                6.4.5 Rest of Latin America          

                6.6 Middle East & Africa               

                                6.5.1 Introduction           

                                6.5.2 Middle-East            

                                6.5.3 Africa         

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                              

 

  • Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • The Segment-level analysis in terms of By Distribution Channel and along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

 

  1. Global Frozen Seafood Market By Region, From 2020-2025 ( USD Billion )
  2. Global Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  3. Global Supermarkets and hypermarkets Market By Region, From 2020-2025 ( USD Billion )
  4. Global Independent retailers Market By Region, From 2020-2025 ( USD Billion )
  5. Global Convenience stores Market By Region, From 2020-2025 ( USD Billion )
  6. Global Speciality retailers Market By Region, From 2020-2025 ( USD Billion )
  7. Global Others Market By Region, From 2020-2025 ( USD Billion )
  8. North America Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  9. North America Supermarkets and hypermarkets Market By Region, From 2020-2025 ( USD Billion )
  10. North America Independent retailers Market By Region, From 2020-2025 ( USD Billion )
  11. North America Convenience stores Market By Region, From 2020-2025 ( USD Billion )
  12. North America Speciality retailers Market By Region, From 2020-2025 ( USD Billion )
  13. North America Others Market By Region, From 2020-2025 ( USD Billion )
  14. United States Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  15. Canada Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  16. Europe Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  17. Europe Supermarkets and hypermarkets Market By Region, From 2020-2025 ( USD Billion )
  18. Europe Independent retailers Market By Region, From 2020-2025 ( USD Billion )
  19. Europe Convenience stores Market By Region, From 2020-2025 ( USD Billion )
  20. Europe Speciality retailers Market By Region, From 2020-2025 ( USD Billion )
  21. Europe Others Market By Region, From 2020-2025 ( USD Billion )
  22. U.K. Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  23. Germany Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  24. France Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  25. Italy Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  26. Spain Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  27. Asia Pacific Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  28. Asia Pacific Supermarkets and hypermarkets Market By Region, From 2020-2025 ( USD Billion )
  29. Asia Pacific Independent retailers Market By Region, From 2020-2025 ( USD Billion )
  30. Asia Pacific Convenience stores Market By Region, From 2020-2025 ( USD Billion )
  31. Asia Pacific Speciality retailers Market By Region, From 2020-2025 ( USD Billion )
  32. Asia Pacific Others Market By Region, From 2020-2025 ( USD Billion )
  33. Japan Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  34. China Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  35. India Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  36. Australia Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  37. South Korea Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  38. Latin America Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  39. Latin America Supermarkets and hypermarkets Market By Region, From 2020-2025 ( USD Billion )
  40. Latin America Independent retailers Market By Region, From 2020-2025 ( USD Billion )
  41. Latin America Convenience stores Market By Region, From 2020-2025 ( USD Billion )
  42. Latin America Speciality retailers Market By Region, From 2020-2025 ( USD Billion )
  43. Latin America Others Market By Region, From 2020-2025 ( USD Billion )
  44. Brazil Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  45. Argentina Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  46. Mexico Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  47. Rest of Latin America Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  48. Middle East and Africa Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  49. Middle East and Africa Supermarkets and hypermarkets Market By Region, From 2020-2025 ( USD Billion )
  50. Middle East and Africa Independent retailers Market By Region, From 2020-2025 ( USD Billion )
  51. Middle East and Africa Convenience stores Market By Region, From 2020-2025 ( USD Billion )
  52. Middle East and Africa Speciality retailers Market By Region, From 2020-2025 ( USD Billion )
  53. Middle East and Africa Others Market By Region, From 2020-2025 ( USD Billion )
  54. Middle East Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )
  55. Africa Frozen Seafood Market By Distribution channel, From 2020-2025 ( USD Billion )

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