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Global Processed Seafood Market: Rise in Raw Seafood Prices to Boost Growth, Says TMR
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The global market for processed seafood has gained significantly from the significant rise in raw seafood prices. Over the coming years, the technological innovations in the processing of seafood is likely to boost this market further. Apart from this, the rising trend of urbanization and the increasing demand for healthy food products are also projected to propel this market in the years to come, states the research report.
In this research study, the worldwide market for processed seafood has been evaluated on the basis of the type of seafood, type of product, technique, and the geography. Based on the sea food, the market has been classified into fish, crabs, Shrimps, Roe, tuna, and molluscs. By the product, the market has been categorized into frozen products, fish meal, canned products, smoked products, dried products, surimi products, and seasoning and additives products. In terms of technique, the report has segmented this market into salting, pickling, drying, cold storing, smoking, freezing, canning, dehydration, curing, and cooking.
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Geographically, the worldwide processed seafood market has been divided into Latin America, North America, Eastern Europe, Western Europe, the Middle East and Africa, Asia Pacific excluding Japan (APEJ), and Japan in this research study. According to report, Asia Pacific excluding Japan has been leading the global market and is anticipated to maintain its dominance throughout the period of the forecast. With Europe, Japan, and the U.S. importing a large share of their seafood intake from China, this region is anticipated to witness a high growth rate over the next few years, notes the research study.
In conclusion, the reports presets an exhaustive study of the competitive landscape of the global market for processed seafood. It also determines the market hierarchy by reviewing the company profiles of the leading players on the basis of their current performance and growth prospects. At the forefront of this market are China National Fishery Corp. (CNFC), Universal seafood, Seaboard corp., Austevoll Seafood ASA, Trident seafood, MARINE HARVEST ASA, Aquachile, Tianjin Fishery Product Supplying & Marketing Co., The Union Frozen Products Co. Ltd., Tropical general investments Nigeria Ltd., and High Liner Foods, states the research report.
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Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
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