openPR Logo
Press release

Processed Seafood Market: Coronavirus Impact - Key Takeaways Universal Seafood China National Fishery Corporation (CNFC), Mowi ASA, Seaboard Corporation, Trident Seafood and more

08-31-2020 01:40 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fortune BUsiness Insights

Processed Seafood Market: Coronavirus Impact - Key Takeaways

The growing aquaculture industry is creating lucrative growth opportunities for the global processed seafood market, says Fortune Business Insights in their new study. The study is titled, “Processed Seafood Market Size, Share and Global Trend by Species (Fish, Molluscs, Tuna, Shrimps, Crabs), Product (Frozen Seafood, Canned Seafood, Smoked Seafood, Dried Products), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail) & Geography Forecast till 2026.”

Browse Complete Report:

https://www.fortunebusinessinsights.com/industry-reports/processed-seafood-market-100253

Some of the leading players operating in the global market includes;

Universal Seafood
China National Fishery Corporation (CNFC)
Mowi ASA
Seaboard Corporation
Trident Seafood
High Liner Foods
Austevoll Seafood ASA
Aquachile
The Union Frozen Products
Sajo Industries
Tropical General Investments Nigeria Ltd.
other processed seafood producers and distributors.

Fortune Business Insights predicts the frozen seafood segment to emerge dominant during the forecast period with respect to segmentation by product. This is owing to the rising demand for frozen food products such as tuna steaks, squid, swordfish, lobster, and others across the globe. On the other side, canned seafood segment may also witness faster growth in the coming years because of the rising demand for canned products, especially in the U.S. As per the segmentation on the basis of distribution channel, the market will

Rising Awareness about Essential Nutrients Found in Seafood Propelling Demand

As per the predictions of Fortune Business Insights, the global market for processed seafood will grow remarkably owing to factors such as rise in seafood trading because of high preference for processed seafood especially in the developed regions where consumption of processed food is quite common. The fact that seafood provides various nutrition with low-fat and calorie quantity is attracting more consumers to this market.

Increasing population and their surging demand for food are creating new growth opportunities for food and beverages industries. The increasing demand for nutritious and convenience foods is helping the market for processed grow remarkably. Rise in popularity of seafood and essential vitamins and nutrients found only in seafood such as omega-3 fatty acid, and other minerals, are enabling growth in the market.

Request A Sample Copy - Processed Seafood Market Report

https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/processed-seafood-market-100253

However, the market for processed seafood may face challenges in terms of overfishing, that has resulted in decline in marine population. Besides this, regulatory measure implemented on production and sale of processed and frozen food products are causing hindrance to the market. Furthermore, low shelf life of the food products is also a major restraint for the market.

Nevertheless, the introduction of improved packaging solutions has resulted in longer shelf life of processed food products and this will help the market gain momentum in the coming years.

Major Segments includes:

By Species

Fish
Molluscs
Tuna
Shrimps
Crabs
Others
By Product

Frozen Seafood
Canned Seafood
Smoked Seafood
Dried Products
Others
By Distribution Channel

Supermarkets/Hypermarkets
Convenience Stores
Specialty Stores
Online Retail
Retail
By Geography

Demand from North America Forecast to Remain High

From a geographical perspective, Fortune Business Insights foresees high trade benefits from North America due to the high demand for canned and quick heat food products in developed nations of Canada and the U.S. In 2017, China, Russia, U.S., Norway and Chile were among the top five frozen fish exporting countries in the world. In 2017, China generated a revenue of US$ 2.74 billion, exhibiting a CAGR of 3.8% within the forecast period of 2012 to 2017.

An important factor boosting the global market for processed seafood is the strict trade regulations for adopting advanced processing techniques by both regional and international market players. Various other strategies adopted by market players to remain competitive are company collaborations, mergers and acquisitions, better packaging techniques, and extending the life span of the food items. Some of the companies operating in the global processed seafood market are Mowi ASA, Trident Seafood, China National Fishery Corporation (CNFC), and Universal Seafood.

Have Any Query? Ask Our Experts:

https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/processed-seafood-market-100253

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US :+1 424 253 0390
UK : +44 2071 939123ac
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com

About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.
Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Processed Seafood Market: Coronavirus Impact - Key Takeaways Universal Seafood China National Fishery Corporation (CNFC), Mowi ASA, Seaboard Corporation, Trident Seafood and more here

News-ID: 2124922 • Views: 335

More Releases from Fortune BUsiness Insights

Immunoglobulin Market to Reach USD 18,378.0 Million by 2025; FDA Approval for AD …
Market Overview: The global immunoglobulin market size is expected to reach USD 18,378.0 million by 2025 exhibiting a CAGR of 7.0% during the forecast period. The increasing diagnosis rates owing to escalating awareness regarding the treatment of immunoglobulins will have a tremendous effect on the market during the forecast period, states Fortune Business Insights in a report, titled “Immunoglobulin Market Size, Share and Industry Analysis By Route of Administration (Intravenous (IV),
Life Science Instrumentation 2021 Global Market Research report covers a detaile …
Global Life Science Instrumentation market2020 industry research report gives Advancement strategies and plans are talked about just as assembling procedures and cost structures are likewise examined. Life Science Instrumentation Market Report states import/send out utilization, organic market Figures, cost, value, income and gross edges. This report also studies the global Life Science Instrumentation market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels
Hospital Acquired Infections Treatment 2021 Global Market Research report covers …
Global Hospital Acquired Infections Treatment market2020 industry research report gives Advancement strategies and plans are talked about just as assembling procedures and cost structures are likewise examined. Hospital Acquired Infections Treatment Market Report states import/send out utilization, organic market Figures, cost, value, income and gross edges. This report also studies the global Hospital Acquired Infections Treatment market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and
Anti-Inflammatory Biologics Market 2021-2026 Study & Future Prospects Including …
Anti-Inflammatory Biologics Market | 2021 Global Industry Forecast To 2026, is latest report on Global Anti-Inflammatory Biologics Industry, published by Fortune Business Insights. Report provides comprehensive information on Global Anti-Inflammatory Biologics Market and Impact of Covid-19 on Healthcare Industry. According to report Global market value of Anti-Inflammatory Biologics is to hit USD 149.80 billion value by 2027 at CAGR of 11.0%. Report segments Anti-Inflammatory Biologics Market By Drug Class (Anti-Tumor

All 5 Releases


More Releases for Seafood

Seafood Market Excellent Growth 2021 Top Key Players | Pacific Seafood, Kangami …
Seafood Market Overview: The market research report on the Global Seafood Market offered by Straits Research, analyses the major opportunities, CAGR, yearly growth rates to help the readers to understand the qualitative and quantitative aspects of the Global Seafood Market. The competition landscape, company overview, financials, recent developments and long-term investments related to the Global Seafood Market are mentioned in this report. Various parameters have been studied while estimating the market size. The revenue
Processed Seafood & Seafood Processing Equipment Market
According to a new market research report published by Global Market Estimates, the Global Processed Seafood & Seafood Processing Equipment Market is expected to grow at a CAGR of 5.85% during the forecast period, to reach USD 2.21 Billion by 2026. The demand for processed seafood & seafood processing equipment is high due to the increasing consumption of seafood across the globe. Browse 164 Market Data Tables and 129 Figures spread
COVID-19: Impact on Frozen Seafood Market, Business Will Grow in 2025, Prominent …
According to a new report published by Allied Market Research, titled, " Frozen Seafood Market by Type (Frozen Shrimps, Frozen Fish, Frozen Shellfish, Frozen Mollusks, and Others) and Distribution Channel (Online Retail, Supermarket/Hypermarket, Convenience Stores, Specialty Stores, and Others): Global Opportunity Analysis and Industry Forecast, 2018-2025 " The report has offered an all-inclusive analysis of the global Frozen Seafood Market taking into consideration all the crucial aspects like growth factors,
Frozen Seafood Market : Emerging Economies Expected to Influence Growth until 20 …
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
Seafood Processing Equipment
Global Info Research offers a latest published report on Seafood Processing Equipment Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-pick-to-light-market_p108473.html   Seafood Processing Equipment uses light devices mounted
Seafood Market by 2023 with global industry players: Pacific Seafood, Kangamiut …
The preference for seafood is expected to increase in Asia-Pacific, owing to change in lifestyle of people and rise in disposable income. China is a high growth market and has the capacity to pay more for premium and high-quality seafood. The global seafood market was valued at $120,848 million in 2016, and is expected to reach $155,316 million by 2023, registering a CAGR of 3.6% from 2017 to 2023. Asia-Pacific