Seafood Processing Equipment Market Status Analysis and Forecast 2026 By ARCOS LLC, ARENCO, Cabinplant, Chungha Machinery Co., Ltd., Cretel nv, Curio Labs Ltd., GEA Group Aktiengesellschaft & Others

Global Seafood Processing Equipment Market is expected to rise from its initial estimated value of USD 2.03 billion in 2018 to an estimated value of USD 2.68 billion by 2026, registering a CAGR of 3.51% in the forecast period of 2019-2026. Increase in the demand for the healthy food is the major factor for the growth of this market.

seafood processing equipment market report comprises of historic data along with future forecast and detailed market analysis on a global, local and regional level for food and beverage industry. The seafood processing equipment report helps out in mapping brand awareness, market landscape, possible future issues, industry trends and customer behaviour about ABC industry which finally results into highly developed business strategies. This global market research report displays a complete overview of the market, including myriad of aspects such as product definition, segmentation based on various parameters, and the existing vendor landscape.

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Few of the major competitors currently working in the seafood processing equipment market are ARCOS LLC, ARENCO, Cabinplant, Chungha Machinery Co., Ltd., Cretel nv, Curio Labs Ltd., GEA Group Aktiengesellschaft, IRL-Industrial Refrigeration, Kaj Olesen A/S, KM FISH MACHINERY A/S, Kroma, MARELEC Food Technologies, NOCK Maschinenbau GmbH, Pearce Processing Systems Inc., Pisces Fish Machinery Inc., PPUH Karpowicz, RYCO Equipment.

Key Developments in the Market:

In May 2018, Ossid announced the launch of their TS-72, the high model for a new generation of sealing/ lidding machine. It has vacuum skin pack capabilities. They are used to package beef, chicken, pork and seafood in trays, cups, and rounds.
In May 2018, Young’s Seafood announced the launch of the their three premium frozen fish products- Young’s Gastro Jumbo Beer Battered Argentinian Red Shrimp, Young’s Lightly Battered Chunky Cod Fillets and Young’s Lightly Breaded Chunky Cod Fillets. This will give the consumer premium and chunkier product.

Competitive Analysis:

Global seafood processing equipment market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of seafood processing equipment market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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Segmentation: Global Seafood Processing Equipment Market

By Equipment
(Slaughtering Equipment, Gutting Equipment, Scaling Equipment, Filleting Equipment),

Type
(Crustaceans, Fish, Molluscs),

Product
(Frozen Seafood, Smoked Seafood, Canned Seafood, Dried Seafood),

Distribution Channel
(Hypermarkets, Supermarkets, Food Speciality Stores, Convenient Stores),

Geography
(North America, South America, Europe, Asia-Pacific, Middle East and Africa)

Market Drivers:

Increase in the demand for tasty and healthy food.
Rapid growth in the urbanization.

Market Restraint:

The demand for saving the water animal is the major factor restraining the growth of this market.

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