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Japan Frozen Seafood Market Size, Share, Price, Demand, Trends and Forecast 2020-2025

06-09-2020 02:45 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Japan Frozen Seafood Market

Japan Frozen Seafood Market

According to the latest report by IMARC Group, titled “Japan Frozen Seafood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the Japan frozen seafood market size experienced steady growth during 2011-2018. Seafood products, particularly fishes, play a key role in Japanese cuisine and represent one of the leading sources of animal protein. They are also rich in micronutrients and essential fatty acids and their regular consumption is widely associated with numerous health benefits. They aid in maintaining healthy eyesight, stimulating brain growth, promoting heart health and improving the overall immune system. Owing to their perishable nature, they are processed using advanced techniques like cryofreezing to lock in their authentic flavor and improve the overall shelf life. The frozen products are then packaged using high-quality packaging solutions to minimize dehydration and oxidation. This reduces the chances of parasitic growth on the food while also enabling easy product transportation.

Request Free Sample Report: https://www.imarcgroup.com/japan-frozen-seafood-market/requestsample

Japan Frozen Seafood Market Trends:
The frozen seafood market in Japan is primarily driven by a significant increase in the geriatric population, which has accelerated the demand for easy to make foods. As frozen products are convenient to prepare, it has majorly contributed to their widespread popularity among the elderly population. Additionally, the rising trend of ready-to-eat frozen meals in the country, along with the increasing number of nuclear families and single-person households, has provided a boost to the market growth. Furthermore, the introduction of authentic Japanese meals and side-dishes, made with high quality ingredients, has helped in expanding the consumer base. The growing popularity of online retail stores, owing to the variety offered by these platforms, is further creating a positive outlook for the market. On account of the aforementioned factors, the market is expected to grow at a CAGR of 2.3% during 2020-2025.

Market Breakup by Type:
• Pacific Salmon
• Tuna (Bigeye)
• Mackerel
• Tuna (Yellowfin)
• Octopus
• Crabs
• Trout
• Cuttlefish
• Jack
• Horse Mackerel
• Other frozen fish
Among these, pacific salmon currently represents the most preferred segment.

Market Breakup by Distribution Channel:
• Supermarkets and Hypermarkets
• Convenience Stores
• Specialty Retailers
• Online
At present, supermarkets and hypermarkets exhibit a clear dominance in the market.

Market Breakup by Sector:
• Retail
• Institutional
Currently, the institutional sector accounts for the majority of the overall market share.

Competitive Landscape with Key Player:
• Kibun Foods Inc.
• Nippon Suisan Kaisha Ltd.
• Marudai Food Co. Ltd.
• Maruha Nichiro Corporation

Ask Analyst for Instant Discount and Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/japan-frozen-seafood-market

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want to need latest primary and secondary data (2020-2025) with Cost Module, Business Strategy, Distribution Channel, etc.. Click request free sample report. We deliver report with-in 24 hours.

Other Report By IMARC Group:
Indian Online Grocery Market: https://www.imarcgroup.com/indian-online-grocery-market

Mass Notification Systems Market: https://www.imarcgroup.com/mass-notification-systems-market

Aramid Fiber Market: https://www.imarcgroup.com/aramid-fiber-market

Intelligent Transport Systems Market: https://www.imarcgroup.com/intelligent-transport-systems-market

IMARC Group
USA: +1-631-791-1145
Email: sales@imarcgroup.com
Website: https://www.imarcgroup.com
Follow us on twitter : @imarcglobal

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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