Harrisburg, NC -- (SBWIRE) -- 04/03/2019 -- Global Frozen Fish Market Insights, Forecast to 2025
Frozen fish & seafood products have gained immense popularity around the world due to the growing demand for processed seafood caused by changing lifestyles and the subsequent adoption of Western food habits among the Asian population. The global frozen fish & seafood market is divided based on distribution channel into the following categories: supermarkets &hypermarkets, specialty retailers, convenience stores, independent retailers, and others. Among these, supermarkets and hypermarkets dominated the global market in 2015 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.
The Global Frozen Fish market is estimated to reach $43.16 billion by 2024; growing at a CAGR of 7.1% between 2016 and 2024.
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Top Leading Companies are: AquaChile,Clearwater Seafood,High Liner Foods,Iglo Group,Leroy Seafood,Marine Harvest,Austevoll Seafood,Toyo Suisan Kaisha,Lyons Seafoods,Sajo Industries,Marine International,Surapon Foods Public,Tassal Group,Tri Marine International,Collins Seafoods
The global frozen fish market is extremely competitive with the presence of a large number of large-scale and small-scale vendors who compete with each other in terms of product differentiation, quality, price, innovation, distribution, and brand promotion. Key players operating in the market include Clearwater Seafood, AquaChile, Leroy Seafood, High Liner Foods, Marine Harvest, and Iglo Group. Other prominent vendors include Beijing Princess Seafood International Trading, Austevoll Seafood, Fishery Products International, Sajo Industries, Lyons Seafoods,Shanghai Kaichuang, Hansung Enterprise, Marine International, Surapon Foods Public, Tri Marine International, Tassal Group,and Toyo Suisan Kaisha. They dominate the market with their vast geographic presence and large production facilities across different countries.
Contents of the 15 Chapters for This Frozen Fish Market Study:-
Chapter 1, to describe Frozen Fish Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Frozen Fish , with sales, revenue, and price of Frozen Fish , in 2017 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2017 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Frozen Fish, for each region, from 2013 to 2019;
Chapter 5, 6, 7, 8 and 9, to analyze the key regions, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2019;
Chapter 12, Frozen Fish market forecast, by regions, type and application, with sales and revenue, from 2019 to 2025;
Chapter 13, 14 and 15, to describe Frozen Fish sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Frozen Fish Market, by Type:
Frozen Cartilage fish
Frozen Bony fish
Frozen Fish Market, by End User:
Direct Consumption
Processing Consumption
The end-use of frozen seafood will remain predominant across food chain services. Popular restaurant chains such as Long John Silver's and Red Lobster, among others, will continue to opt for frozen seafood over fresh seafood. In the foreseeable future, major companies producing frozen seafood products will be eyeing for strategic tie-ups with multinational food chain services. The report estimates that by the end of 2026, nearly 40% of the overall sales of frozen seafood products will be accounted by food chain services.
Geographically, the frozen fish market is distributed over North America, Europe, Asia Pacific, Middle East & Africa (MEA), and Latin America. The market in Europe was attractive in 2015due to a growing consumer preference for fish and seafood and the massive volume of import and export in the region. In North America, the Northeast Atlantic fishing zone accounted for the maximum share of catches. Demand for frozen fish and seafood is anticipated to increase during the forecast period due to environmental laws, strict fishing policies, and reduced fishing fleet in Europe and the surge in the per-capita expenditure in India and China. In addition to this, innovation with respect to preparation and packaging is projected to boost the sales of frozen fish and seafood over the forecast period. However, the need to curb fish contamination and environmental concerns remain key challenges for leading vendors.
The report will make detailed analysis mainly on the development environment, Market size, development trends, operation situation and future development trends of Frozen Fish Market on the basis of current situation of the industry in 2019 so as to make full comprehension and judgment on the competitive situation of Frozen Fish Market Carrier and assist manufacturers and investment organization to better grasp the development course of Frozen Fish Market.
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Important attributes of the report:
The 360-degree Frozen Fish overview based on a global and regional level.
Market share, value, volume, and production capacity is analyzed on global, regional and country level.
A complete and useful guide for new market aspirants.
Forecast information will drive strategic, innovative and profitable business plans.
SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.
Lastly, the research methodology and data sources are offered in this report.
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