Universal $1.89 Bn Seafood Processing Machinery Market | Freiremar S.A, John West Foods, Seattle Fish Company, Marine Harvest, Manitowoc Cranes, Thai Union Group, Royal Greenland, Tesco PLC, Baader Co., Pescanova and GEA Group

A Research Study Titled, “ Seafood Processing Machinery Market by Machinery Type and Distribution Channel - Global Industry Analysis and Forecast to 2023” published by Crystal Market Research, states that theSeafood Processing Machinery Market is projected to be around $1.89 billion by 2023.

The Seafood Processing Machinery Market was worth USD 1.28 billion in the year of 2014 and is expected to reach approximately USD 1.89 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.39% during the forecast period.

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Seafood Processing Machinery - Competitive Insights:

The major players in the market are Freiremar S.A, John West Foods, Seattle Fish Company, Marine Harvest, Manitowoc Cranes, Thai Union Group, Royal Greenland, Tesco PLC, Baader Co., Pescanova and GEA Group. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.

Seafood processing is a method linked with various types of oceanic animals, from the time they are caught to the time they are harvested. Also, the final moment when the product is delivered to the customer. Bigger fish processing companies generally function their farming operations or fishing fleets. Seafood processing can be sub categorized into fish handling which is initial handling of raw fish, and the manufacture of fish products. A major concern of seafood processing is to keep fish from decaying and this remaining parts a fundamental concern amid other processing operations. Specialists have discovered that disposed of fish by-products contain gelatin, bioactive peptides, collagen, and different mixes, which can be utilized as a part of the biomedical, sustenance, and beauty care products industries.

Seafood Processing Machinery - Machinery Type Outlook and Trend Analysis:

On the basis of machinery type the global Seafood Processing Machinery Market is segmented into Gutting Machines, Filleting Machines, Slaughter Machines and Scaling Machines among others. Gutting machines limit waste rate by gutting essentially a wide range of fish with high precision prompting diminishment of production cost. The powerful, unequivocally built scaling machines with belt drive offer immaculate scaling technology, with their body in stainless steel, programmed time selector and control valve for lessened water utilization and total operational security. This Filleting machine permits to filet all fish with up to a stature of 110 mm and a weight of 100-1000 g quick and correct, without gutting the fish. The machine is made of stainless steel and effectively cleaned with water.

The Seafood Processing Machinery Market is segmented as follows-

Seafood Processing Machinery - By Machinery Type:

Gutting Machines
Scaling Machines
Slaughter Machines
Filleting Machines
Other Machines

Seafood Processing Machinery - By Distribution Channel:

Supermarkets
Food Specialty Stores
Hypermarkets
Convenient Stores
Other Distribution Channels

Seafood Processing Machinery - Distribution Channel Outlook and Trend Analysis:

The global Seafood Processing Machinery market has witnessed significant development owing to its wide availability in Food Specialty Stores, Convenient Stores, Supermarkets and Hypermarkets. Rising requirement of healthy and long shelf life, sea food has brought about elevated demand for seafood processing machinery. Its wide availability in supermarkets makes it convenient for consumers to purchase high quality products, thereby boosting the development of the market.

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Seafood Processing Machinery - By Region:

North America - U.S, Canada, Mexico

Europe - Germany, France, UK, Italy, Spain, Rest of Europe

Asia-Pacific - Japan, China, Australia, India, South Korea, Rest of Asia Pacific

Rest of the World - Brazil, South Africa, Saudi Arabia, United Arab Emirates, Others

Seafood Processing Machinery - Regional Outlook and Trend Analysis:

Europe and North America are the most essential seafood processing machinery markets around the world. European market is foreseen to run down with its offer to high improvement economies of Latin America and Asia Pacific by virtue of abnormal state of advancement and slow demand especially from end-use enterprises in the region. The prominence of seafood processing machinery market ubiquity from different regions, for example, Latin America and Asia Pacific is probably going to upgrade by virtue of developing income alongside changing client interest towards processed seafood for the most part in promising economies, for example, India and China.

Seafood Processing Machinery - List of Tables:

Table 1.Global Global Seafood Processing Machinery Market, By Machinery Type ($Million), 2014-2023
Table 2. Gutting Machines Market, By Region ($Million), 2014-2023
Table 3. Scaling Machines Market, By Region ($Million), 2014-2023
Table 4.Slaughter Machines Market, By Region ($Million), 2014-2023
Table 5.Filleting Machines Market, By Region ($Million), 2014-2023
Table 6.Other Machines Market, By Region ($Million), 2014-2023
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Seafood Processing Machinery - List of Figures:

Figure 1.Global Global Seafood Processing Machinery Market Share, By Machinery Type, 2014 & 2023
Figure 2.Global Seafood Processing Machinery Market, By Distribution Channel, 2016, ($Million)
Figure 3.Global Seafood Processing Machinery Market, By Region, 2016, ($Million)
Figure 4.Freiremar S.A.: Net Revenues, 2014-2016 ($Million)
...

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Key findings of the Seafood Processing Machinery market -

• North America developed as the major regional market due to advancements in technology combined with high capital investments. Europe is anticipated to encounter slow market growth over the estimate time frame due to stagnant end-use industry development in the area.

• Latin America and Asia Pacific are anticipated to encounter considerable market development due to rising per capita disposable income and shifting consumer preference. Growing non vegan population and preference towards healthy food is foreseen to positively affect market in Asia Pacific over the estimate time frame.

• Rising consumer willingness to pay for high quality sea food is foreseen to boost market development over the forecast period. High equipment and raw material handling expense is foreseen to hinder market development and pose challenges to industry players over the estimate time frame.

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About Crystal Market Research:

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