Press release
Frozen Seafood Market Size, Forecast, Top Players, Trends And Growth 2023-2032
Frozen Seafood Market
The Business Research Company's Frozen Seafood Global Market Report 2023 identifies rising consumption of seafood as the major driver for the Frozen Seafood market's growth in the forecast period. 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.
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 market size of global frozen seafood market is expected to reach $27.95 billion in 2027 at a CAGR of 5.8%.
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Major competitors in the Frozen Seafood market are J.Sykes & Sons, Beaver Street Fisheries, Mazetta, Castlerock, AquaChile, High Liner Foods Inc., Lerøy Seafood Group ASA.
A key trend in the Frozen Seafood market includes technological advancements. Major companies operating in the frozen seafood market are focusing on applying new technologies to preserve frozen seafood in better ways to increase longevity and preserve freshness. For instance, in July 2021, Båtsfjordbruket, a Norway-based seafood company installed a spiral freezer with sanitizing technology. The seafood company would be able to boost product output and fully automate freezing procedures with a spiral freezer equipped with sanitizing technology.
Read More On The Global Frozen Seafood Market Report Here:
https://www.thebusinessresearchcompany.com/report/frozen-seafood-global-market-report
The Frozen Seafood market is segmented -
• 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.
The Business Research Company's "Global Frozen Seafood Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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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
……………………………………………………..
26. Africa Frozen Seafood Market
27. Frozen Seafood Market Competitive Landscape And Company Profiles
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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