Frozen Sea Food Market Trend Predication with Top Key Players likely AquaChile(Switzerland), Clearwater Seafood(Canada), High Liner Foods(Canada), Iglo Group(U.K.), Leroy Seafood(Norway) Forecast till 2023

The global frozen sea food market has witnessed continued demand during the last few years. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on global frozen sea food Market Research Report- Forecast to 2023 that the market will demonstrate an exceptional CAGR % while achieving million-dollar growth readily in the forecast period.

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Competitive Landscape:

The key players profiled in Frozen Sea Food are AquaChile (Switzerland), Clearwater Seafood (Canada), High Liner Foods. (Canada), Iglo Group (U.K.), Leroy Seafood (Norway), Marine Harvest (Norway), and Austevoll Seafood (Norway) among many others.

Segmentation Analysis

Global Frozen Sea Food market has been divided into type, end user, distribution channel, and Region
Based on Type: Fish, shrimp, squid, crab, lobster, and others
Based on End User: Food service, retail customers
Based on Distribution Channel: Super markets & hyper markets, specialty retailers, convenience stores, independent stores, and E-Commerce channel
Based on Region: North America, Europe, Asia Pacific, and Rest of the World

Regional Analysis:

The global frozen sea food market is segmented into North America, Europe, Asia Pacific and Rest of the World. Among all the region, Europe region is estimated to account for the major market proportion in the year of 2017. The region is estimated to retain its dominance throughout the forecast period of 2017-2023. Germany is holding major market proportion in the Frozen Sea Food market.

Asia Pacific region is expected to witness massive growth during the forecast period of 2017-2023. East & south eastern part of Asia Pacific region is the largest producer of Frozen Sea Food products. Also, the consumption of frozen sea food products is comparatively high in the south eastern part of Asia Pacific region. Increasing consumer awareness towards healthy food habit is expected to drive the growth of frozen sea food market in Asia Pacific region.

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Market Scope:

In addition, rising growth of organized retail industry is also anticipated to be one of the important factors for increasing growth of frozen sea food market during the forecasted period. Food service industry is observing a healthy growth over the last couple of years both in developed and developing economies which in turn offers a lucrative opportunity in the frozen sea food market over the forecast period. Generally, food service companies purchase the product in a bulk quantity which is positively impacting the demand for frozen sea food.

Industry/ Innovation/ Related News:

Sep 2017 Clearwater Seafoods launched a flagship store to increase the sales of Frozen Sea Food products through online platform.
May 2017 Grupo Nueva Pescanova invested €42.5 million to renew its fleet in Africa which will aid the overall production of seafood.
May 2017 High Liner Foods acquired Rubicon Resources, LLC. The acquisition will aid the company to augment the product portfolio in shrimp which are experiencing a massive growth in the North America region.

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Frozen Sea Food Market Research Report

This release was published on openPR.