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(2023-2032) Frozen Seafood Global Market Trends And Forecast Report | By Types, Applications, Regions And Players Include J.Sykes & Sons, Beaver Street Fisheries, Mazetta, Castlerock, AquaChile
Frozen Seafood Market
Frozen Seafood Market Size, Growth Rate, And Forecast
The global frozen seafood market is expected to grow from $20.89 billion in 2022 to $22.34 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The frozen seafood market is expected to reach $27.95 billion in 2027 at a CAGR of 5.8%.
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Frozen Seafood Market Drivers
The rising consumption of seafood is expected to propel the growth of the frozen seafood market going forward. Seafood is any sort of sea life that is considered edible by humans. Consumers are preferring seafood as it provides various health benefits, and freezing seafood helps to maintain keep its color, texture, shape, and flavor, as a result, the rising consumption of seafood increases the demand for the frozen seafood market.
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Frozen Seafood Market Segments
• By Category: Fish, Crustaceans, Shellfish, Molluscs, Other Types
• By Nature: Organic, Conventional
• By Distribution Channel : Business-to-business (B2B), Business-to-consumer (B2C)
• By End User: Food Processing Industry, Food Service Provider, Retail And Household
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Frozen Seafood market.
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Frozen Seafood Market Key Players
Major competitors in the Frozen Seafood market include J.Sykes & Sons, Beaver Street Fisheries, Mazetta, Castlerock, AquaChile, High Liner Foods Inc., Lerøy Seafood Group ASA, Tassal Group
The Business Research Company's "Global Frozen Seafood Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Frozen Seafood Market Include:
1. Executive Summary
2. Frozen Seafood Market Characteristics
3. Frozen Seafood Market Trends And Strategies
4. Frozen Seafood Market - Macro Economic Scenario
5. Frozen Seafood Market Size And Growth
……..
28. Key Mergers And Acquisitions In The Frozen Seafood Market
29. Frozen Seafood Market Future Outlook and Potential Analysis
30. Appendix
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