Global Frozen Fish & Seafood Market: Industry Analysis and Forecast (2020-2026) by Product Type, End User, Distribution Channels, and Region

Global Frozen Fish & Seafood Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 6.1 % through 2020 to 2026, reaching nearly US$ XX Bn.

Global Frozen Fish & Seafood Market Overview:

Seafood consists of different types of fish, seaweed, aquatic plants, and microphytes. Fish is a type of seafood that is consumed in raw or cooked form by a large number of people around the world. Fish and Seafood consist of nutrient elements like protein, minerals, and vitamins. High demand from industrial and domestic sectors and low shelf life of these products has resulted in the use of Cold Storage Chains to delay the decomposition and maintain a nutrient level of these food products. Shifting of preference from canned food products to frozen food products has increased the consumption of Frozen Fish and Seafood products. An increase in demand for healthy food products, rising consumption, and preference for fish meat and seafood products has resulted in a boom in the Global Frozen Fish & Seafood Market.

Global Frozen Fish & Seafood Market Dynamics:

A report published on 27 Feb 2017 in EU Science Hub states that Seafood consumption has more than doubled in the past 50 years. This report through its careful study across 52 nations has concluded that the estimated per person seafood consumption is 22.3 kg. An increase in consumption of healthy food products and a rising preference for seafood products has resulted in an 11% increase in global demand for Frozen Fish and Seafood Products. According to data by the Organized Seafood Distributors Association in Vietnam, Increased consumption of Fish and Seafood in developing countries as a cheap and nutrient-rich meat product has resulted in an 18% increase in sales of Frozen Aquatic Food Products. Apart from meat, increased use of Fish bones, liver oil, and gills in manufacturing medicines and cosmetics has resulted in a 7% increase in demand for Frozen Fish and Seafood by Nonfood processing Industries. An increase in intake of Fish and Seafood products as a cost-friendly protein-rich food product is the major driving factor for the growth of the Global Frozen Fish and Seafood Market.

Restraints:

Limitation in the availability of high-end storage and cold chain transportation units at affordable cost is limiting the growth of the Global Frozen Fish and Seafood Market.

Global Frozen Fish & Seafood Market Segment Analysis:

By Product Type, preference for Fresh & Live Fish products dominates the demand for aquatic food products. It is observed that more than 40% of people prefer buying frozen fish and seafood products. Different types of Seaweed and Aquatic plants are consumed on a large scale by people. Shellfish products make 14% of the global consumption and 11% of the total frozen fish and seafood consumption in North America. By End Users, it is observed that 22% of the total Frozen Fish and Seafood products are consumed by the Commercial sector. Demand for Fish and Seafood in manufacturing food products, cosmetics, and pharmaceuticals has resulted in an 11% growth in industrial consumption. Increased preference for frozen fish and seafood products has resulted in a 9% increase in domestic sales in the US and Europe. By Distribution Channels, it is observed that more than 28% of people prefer purchasing Frozen Fish and Seafood through the Specialty Store medium. Specialized Market and Supermarket are preferred by people living in urban areas where freshness and shelf life plays a major role in sales. E-Commerce platforms because of features like delivering fresh food at the doorstep are observing a 12% rise in the number of customers. Global Frozen Fish & Seafood Market To know about the Research Methodology :- Request Free Sample Report It is observed that Specialty store with cold chain facility and proper ventilation system is preferred on a large scale by people for purchasing Frozen Fish and Seafood Products. Data from the organized Seafood Market suggests that 45% of people living in urban areas prefer Specialty Stores for purchasing Frozen Fish and Seafood products. Specialty market is preferred by people living near seashores. It is observed that more than 45% of the people living near coastal areas in Asia-Pacific and North America prefer Specialized Market for purchasing Frozen Fish and Seafood. Supermarkets provide a wide range of marine life products. Data from the organized retail sector state that more than 15% of the revenue of the Global Frozen Food & Seafood Market is generated through Supermarkets. An increase in preference for online shopping has resulted in a 7% increase in revenue for Online shopping platforms by selling Frozen Fish and Seafood Products. Different other mediums are visited by people for purchasing Frozen Fish and Seafood.

Global Frozen Fish & Seafood Market Regional Insights:

Global Frozen Fish & Seafood Market 1 Region-wise, North America is the biggest market for Frozen Fish and Seafood products. It is observed that more than 60% of people living in this region prefer Frozen Fish and Seafood either as a food product or in medicinal or cosmetics form. This region accounts for more than 35% of the total sales and more than 40% of the total revenue accounted by the Global Frozen Fish and Seafood Market. An increase in preference for Aquatic food products and marine-based medicines and cosmetics has resulted in a 6% increase in the consumption of Frozen Fish and Seafood Products in Asia-Pacific. This region is the biggest user of fish-based oil and canned food products. It is observed that Frozen Fish and Seafood are used on a large scale as a thickening agent in various applications in the European region. Europe is the biggest consumer of plant-based seafood products. A 4% rise has been observed in the demand for Sea-Weed and aquatic plant-based food products in this region. The South American market is showing a low growth rate, the reason for which is the lack of technological infrastructure. The Middle East and Africa’s Market is showing a growth rate of 1.3% from the past 6 years. Political unrest, low economic growth, and preference for other meat products have resulted in a stagnant growth rate in this region. The objective of the report is to present a comprehensive analysis of the global Frozen Fish & Seafood market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Frozen Fish & Seafood market dynamics, structure by analyzing the market segments and Project the global Frozen Fish & Seafood market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Frozen Fish & Seafood market make the report investor’s guide.

Global Frozen Fish & Seafood Market Scope: Inquire before buying

Global Frozen Fish & Seafood Market 2

Global Frozen Fish & Seafood Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Global Frozen Fish & Seafood Market Key Player

• Premium Seafood Company Inc. • The Sirena Group • J. Sykes & Sons Ltd. • M & J Seafood Ltd. • Beaver Street Fisheries • Mazetta Company LLC • Castlerock Inc. • Tri Marine International • Marine International • Clear Water Seafood • High Liner Foods Inc. • Leroy Seafood Group • Lyons Seafood Limited • Mowi ASA • Tassal
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Frozen Fish & Seafood Market Size, by Market Value (US$ Bn.) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2019 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Frozen Fish & Seafood Market 3.4. Geographical Snapshot of the Frozen Fish & Seafood Market, By Manufacturer share 4. Global Frozen Fish & Seafood Market Overview, 2019-2026 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Frozen Fish & Seafood Market 5. Supply Side and Demand Side Indicators 6. Global Frozen Fish & Seafood Market Analysis and Forecast, 2019-2026 6.1. Global Frozen Fish & Seafood Market Size & Y-o-Y Growth Analysis. 7. Global Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 7.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 7.1.1. Fish 7.1.2. Shellfish 7.1.3. Sea-Weed 7.1.4. Aquatic Plants 7.1.5. Others 7.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 7.2.1. Industrial 7.2.2. Commercial 7.2.3. Domestic 7.2.4. Others 7.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 7.3.1. Supermarket 7.3.2. Specialty Market 7.3.3. Specialty Store 7.3.4. E-Commerce 7.3.5. Others 8. Global Frozen Fish & Seafood Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2019-2026 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 9.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 9.1.1. Fish 9.1.2. Shellfish 9.1.3. Sea-Weed 9.1.4. Aquatic Plants 9.1.5. Others 9.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 9.2.1. Industrial 9.2.2. Commercial 9.2.3. Domestic 9.2.4. Others 9.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 9.3.1. Supermarket 9.3.2. Specialty Market 9.3.3. Specialty Store 9.3.4. E-Commerce 9.3.5. Others 10. North America Frozen Fish & Seafood Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 11.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 11.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 11.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 12. Canada Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 12.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 12.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 12.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 13. Mexico Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 13.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 13.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 13.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 14. Europe Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 14.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 14.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 14.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 15. Europe Frozen Fish & Seafood Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 16.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 16.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 16.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 17. France Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 17.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 17.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 17.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 18. Germany Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 18.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 18.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 18.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 19. Italy Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 19.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 19.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 19.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 20. Spain Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 20.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 20.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 20.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 21. Sweden Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 21.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 21.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 21.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 22. CIS Countries Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 22.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 22.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 22.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 23. Rest of Europe Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 23.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 23.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 23.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 24. Asia Pacific Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 24.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 24.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 24.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 25. Asia Pacific Frozen Fish & Seafood Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2019-2026 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 26.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 26.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 26.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 27. India Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 27.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 27.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 27.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 28. Japan Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 28.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 28.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 28.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 29. South Korea Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 29.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 29.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 29.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 30. Australia Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 30.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 30.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 30.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 31. ASEAN Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 31.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 31.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 31.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 32. Rest of Asia Pacific Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 32.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 32.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 32.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 33. Middle East Africa Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 33.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 33.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 33.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 34. Middle East Africa Frozen Fish & Seafood Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 35.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 35.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 35.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 36. GCC Countries Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 36.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 36.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 36.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 37. Egypt Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 37.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 37.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 37.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 38. Nigeria Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 38.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 38.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 38.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 39. Rest of ME&A Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 39.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 39.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 39.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 40. South America Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 40.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 40.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 40.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 41. South America Frozen Fish & Seafood Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2019-2026 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 42.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 42.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 42.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 43. Argentina Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 43.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 43.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 43.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 44. Rest of South America Frozen Fish & Seafood Market Analysis and Forecasts, 2019-2026 44.1. Market Size (Value) Estimates & Forecast By Product Type, 2019-2026 44.2. Market Size (Value) Estimates & Forecast By End User, 2019-2026 44.3. Market Size (Value) Estimates & Forecast By Distribution Channel, 2019-2026 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Frozen Fish & Seafood Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Applications and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements 45.3. Company Profile : Key Players 45.3.1. Premium Seafood Company Inc. 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. The Sirena Group 45.3.3. J. Sykes & Sons Limited 45.3.4. M & J Seafood Ltd. 45.3.5. Beaver Street Fisheries 45.3.6. Mazetta Company LLC 45.3.7. Castlerock Inc. 45.3.8. Tri Marine International 45.3.9. Marine International 45.3.10. Clear Water Seafood 45.3.11. High Liner Foods Inc. 45.3.12. Leroy Seafood Group 45.3.13. Lyons Seafood Limited 45.3.14. Mowi ASA 45.3.15. Tassal 46. Primary Key Insights

About This Report

Report ID 103758
Category Food & Beverages
Published Date May 2021
Updated Date
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