Surimi Market to Grow from USD 4.35 Billion in 2024 to USD 7.04 Billion by 2032 at a CAGR of 6.2% - Surimi Market Forecast

►Opening Paragraph

According to a new report by Maximize Market Research, the global wine market was valued at USD 461.42 Billion in 2024 and is forecast to reach USD 718.94 Billion by 2032, growing at a CAGR of 5.7 % between 2025 and 2032.

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►Key Highlights
Market size & CAGR: USD 4.35 billion in 2024 → USD 7.04 billion by 2032; CAGR of 6.2% (2025-2032).

Leading segment: Frozen surimi holds a dominant share and is a key type in the market.

Fastest-growing/largest region: Asia Pacific dominated the global surimi market in 2024 and continues to lead growth.

Key drivers: Changing dietary trends, growing demand for seafood products, and popularity of processed seafood items.

Top companies: Key players include Java Seafood and Southern Marine.

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►Body Content

Market Outlook

The surimi market is poised for robust growth, expanding from USD 4.35 billion in 2024 to USD 7.04 billion by 2032, with a compound annual growth rate of 6.2% during 2025-2032. The surge stems from shifting consumer preferences toward convenient, protein-rich, and affordable seafood alternatives like surimi.

Segment Insights

By Type/Form: Frozen surimi leads the segment due to its extended shelf life and suitability for mass production-capturing about 70% of the market share.

By Source: Both tropical and cold-water sources are covered; tropical sources notably dominated the market in 2024 and continue to expand.

Regional Insights

Asia Pacific commands a dominant position in the global surimi market, with strong consumption in countries such as China, Japan, and Korea. Other regions, including Europe, are gaining traction as health-conscious consumers look for low-fat protein alternatives.

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Competitive Landscape

Prominent players such as Java Seafood and Southern Marine are key contributors to global supply. The market features a competitive landscape driven by product innovation, strategic partnerships, and expanding production capacity.

Drivers, Trends & Restraints

Drivers: Growing seafood consumption, dietary shifts toward processed and protein-rich foods, and increasing popularity of processed seafood dishes.

Trends: Convenience-oriented frozen products, expansion of APAC markets, and tropical surimi sourcing.

Potential Restraints (implied): Raw material supply variability, storage/logistics concerns, and production costs (not detailed in this report but commonly reported in broader industry analyses).

For deeper market insights, peruse the summary of the research report:https://www.maximizemarketresearch.com/market-report/surimi-market/217472/

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