Growing Appetite For Seafood Boosts Demand For Frozen Seafood Market: Strategic Insights Driving Frozen Seafood Market Momentum in 2025

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Frozen Seafood Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been robust growth in the frozen seafood market. The market size is projected to expand from $23.53 billion in 2024 to $25.04 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%. Factors contributing to this growth during the historic period include the surging demand for convenience foods, growing globalization and trade activities, the focus on health and nutrition trends, advancements in packaging solutions, and shifting consumer tastes.

How Will the Frozen Seafood Market Size Evolve and Grow by 2029?
The market size of frozen seafood is anticipated to experience a noteworthy expansion in the upcoming years, surging to $31.19 billion in 2029 with a compound annual growth rate (CAGR) of 5.6%. Factors contributing to this growth during the projected period include premiumization and ready-to-cook tendencies, culinary discovery and consumer knowledge, international commerce and market growth, quality checks and food safety norms, and product innovation and diversity. During this forecast period, major trends will comprise awareness of health and nutrition, convenience and time-efficient alternatives, sustainable and ethical sourcing, a diverse range of innovative products, and educational drives combined with culinary explorations.

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What Drivers Are Propelling the Growth of Frozen Seafood Market Forward?
The growing intake of seafood is predicted to boost the expansion of the frozen seafood market in the future. Seafood, which encompasses all marine life deemed fit for human consumption, is becoming favored due to its various health benefits. The freezing process preserves the color, texture, form, and taste of seafood. Consequently, increased seafood consumption heightens the demand in the frozen seafood market. According to a July 2023 report by the Food and Agriculture Organization (FAO), a United Nations agency based in Italy, the anticipated rise in clear food fish consumption is 21.2 kg per person worldwide by 2032, an increase from the average of 20.4 kg in the base period of 2020-2022. The prediction states that by 2032, 90% of fish production will be for human consumption, a rise from 88% during the base period of 2020-22. A 14% growth is predicted in fish consumption for human use, reaching 182 million tons by 2032. As such, the growing intake of seafood is spurring the frozen seafood market.

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Which Emerging Trends Are Transforming the Frozen Seafood Market in 2025?
Significant companies within the frozen seafood industry are beginning to offer plant-based alternatives in response to the increasing demand for sustainable, health-conscious options. The term plant-based frozen seafood refers to foods that replicate traditional seafood meals, yet are made entirely from plant-based ingredients. This provides a viable choice for consumers who desire sustainable and humane alternatives. In July 2023, Konscious Foods, a U.S. based seafood business, for example, premiered its first plant-based frozen 'raw' seafood products, which included options like sushi, nigiri, and poke bowls. In addition to catering to the demand for viable seafood alternatives, this product underlines the company's dedication to environmental awareness and food technology innovation.

What Are the Key Segments in the Frozen Seafood Market?
The frozen seafood market covered in this report is segmented -

1) By Category: Fish, Crustaceans, Shellfish, Mollusca, Other Types
2) By Nature: Organic, Conventional
3) By Distribution Channel : Business-To-Business (B2B), Business-To-consumer (B2C)
4) By End User: Food Processing Industry, Food Service Provider, Retail And Household

Subsegments:
1) By Fish: Salmon, Tuna, Cod, Haddock, Other Fish
2) By Crustaceans: Shrimp, Crabs, Lobsters, Prawns, Other Crustaceans
3) By Shellfish: Oysters, Clams, Mussels, Scallops, Other Shellfish
4) By Mollusca: Squid, Octopus, Cuttlefish, Other Mollusca
5) By Other Types: Seaweed, Fish Roe, Other Specialty Seafood Products

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Who Are the Key Players Shaping the Frozen Seafood Market's Competitive Landscape?
Major companies operating in the frozen seafood market include Toyo Suisan Kaisha Ltd., Maruha Nichiro Corporation, Mowi ASA, Nippon Suisan Kaisha Ltd., Thai Union Group Public Company Limited, Nomad Foods Limited, Findus Group Limited, Lerøy Seafood Group ASA, AquaChile S.A., Empresas AquaChile S.A., Royal Greenland A/S, High Liner Foods Inc., Ocean Beauty Seafoods LLC, Tassal Group Limited, Pacific Seafood, Clearwater Seafoods Incorporated, Trident Seafoods Corporation, Bumble Bee Foods LLC, Surapon Foods Public Company Limited, Apex Frozen Foods Limited, Beaver Street Fisheries Inc., Mazetta Company LLC, Cooke Aquaculture Inc., Alliance Select Foods International Inc., Siam Canadian Group Limited, J. Sykes & Sons, Castlerock Inc., Tri Marine International Inc., Friosur S.A., Europêche

What Geographic Markets Are Powering Growth in the Frozen Seafood Market?
Asia-Pacific was the largest region in the frozen seafood market share in 2024. The regions covered in the frozen seafood market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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