Press release
North America Frozen Seafood Market Size, Share, Growth Report and Forecast 2024-2032
Frozen seafood, comprising a diverse array of products such as fish, shellfish, and molluscs, is a staple in many North American diets. These products are flash-frozen shortly after harvest, ensuring freshness, nutritional integrity, and flavour are preserved. The convenience of frozen seafood, combined with its long shelf-life and ease of preparation, makes it an attractive option for consumers leading busy lifestyles.
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The burgeoning demand for protein-rich diets is a significant driver of the North America frozen seafood market growth. As consumers become increasingly health-conscious, there is a growing preference for seafood as a source of high-quality protein, omega-3 fatty acids, and essential nutrients. This shift towards healthier eating habits is propelling the demand for frozen seafood products.
Additionally, the market is benefiting from the rising trend of home cooking and meal prepping. As more consumers opt to prepare meals at home, the convenience and versatility of frozen seafood have made it a popular choice for a variety of culinary applications.
The North America frozen seafood market outlook is influenced by several factors that shape its growth and development. One of the pivotal elements is the sustainability of seafood sourcing. With growing environmental concerns and awareness about overfishing, consumers are increasingly seeking sustainably sourced seafood options. This trend has prompted industry players to adopt responsible fishing practices and seek certifications like the Marine Stewardship Council (MSC) label to cater to this consumer demand.
Innovation in packaging and preservation technologies is a significant factor propelling the North America frozen seafood market demand. Advanced freezing techniques, such as cryogenic freezing, and improved packaging materials that extend shelf-life and maintain product quality, are enhancing the appeal of frozen seafood products.
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The market is further influenced by the dynamics of international trade. North America, being a significant importer of seafood, is affected by global supply chain fluctuations, trade policies, and import regulations. The stability and policies of key exporting countries directly impact the availability and pricing of frozen seafood products in the North American market.
North America Frozen Seafood Market Segmentation
The market can be divided based on type, sector, distribution channel, and country.
Market Breakup by Type
Shrimp
Salmon
Tuna
Tilapia
Pangasius
Catfish
Others
Market Breakup by Sector
Retail
Institutional
Market Breakup by Distribution Channel
Supermarkets and Hypermarkets
Convenience Stores
Speciality Stores
Online
Others
Market Breakup by Country
United States
Canada
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the North American frozen seafood market. Some of the major players explored in the report by Expert Market Research are as follows:
Beaver Street Fisheries, Inc.
Lerøy Seafood Group
Trident Seafoods Corporation
Pacific American Fish Company, Inc.
The Fishin' Company
High Liner Foods Incorporated
Crystal Cove Seafood Corporation
Others
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