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Frozen Seafood Market : Emerging Economies Expected to Influence Growth until 2026 | Major Players - Seven Seas, IFC Frozen Seafood, Sterling Seafood, Clifton Seafood Company, Lotus Seafood Inc

03-04-2020 03:13 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Frozen Seafood Market

Frozen Seafood Market

Seafood is recommended as a part of nutritionally balanced diets. Freezing the seafood creates year-round availability due to increased shelf life. Also, this makes the seafood available at affordable prices without deteriorating the quality and nutrition. The demand for ready to cook/eat food products has been witnessing growth over the recent years due to various factors such as convenience, affordability, high nutritional value, and others. This has consequently increased the demand for frozen sea food owing to its similar characteristics.

The rise in disposable income and preference for food that provides convenience in cooking and consumption has gained profound importance especially among the urban populace owing to their busy lifestyle. In addition, there is an increase in awareness of the health benefits of seafood. This boost the demand for frozen seafood. The easy accessibility and availability of various varieties of seafood under one roof through establishment of large retail chains especially in the developing countries helps propel the market expansion.

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However, overfishing has become a great cause of concern not only to the fisheries but also the environment. Overexploitation could lead to less availability of fish, which in turn increases the prices of frozen seafood, ultimately hampering the market growth.

On the contrary, adopting quick freezing technology to freeze seafood can help produce superior quality of products and using heat-and-eat containers which will allow consumers to cook their food products instantly, can be viewed as an opportunity by the manufacturers to expand the market base.

The frozen seafood market is segmented based on type, distribution channel, and region. Based on type, it is classified into frozen shrimps, frozen fish, frozen shellfish, frozen mollusks, and others. Based on distribution channel, it is divided into online retail, supermarket/hypermarket, convenience stores, specialty stores, and others. Based on region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

o The report provides an in-depth analysis of the current trends, drivers, and dynamics of the frozen seafood market to elucidate the prevailing opportunities and tap the investment pockets.
o It offers qualitative trends as well as quantitative analysis of the global market from 2018 to 2025 to assist stakeholders to understand the market scenario.
o In-depth analysis of the key segments demonstrates type of frozen seafood and its distribution channels.
o Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
o Key market players are profiled to understand the competitive outlook of the market.
Major Players: Seven Seas, IFC Frozen Seafood, Sterling Seafood, Clifton Seafood Company, Lotus Seafood Inc., Kangamiut Seafood, Marine Foods, Viet Asia Foods, American Seafoods Company LLC, and Apex Frozen Foods Ltd.

For more Market Insights, Visit: https://www.alliedmarketresearch.com/frozen-seafood-market

Key Market Segments

By Type
o Frozen Shrimps
o Frozen Fish
o Frozen Shellfish
o Frozen Mollusks
o Others

By Distribution Channel
o Online Retail
o Supermarket/Hypermarket
o Convenience Stores
o Specialty Stores
o Others

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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