The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rising seafood consumption is expected to drive innovation in frozen seafood manufacturing, propelling the market during the forecast period.

The global frozen seafood market is expected to grow from $20.89 billion in 2022 to $22.34 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The frozen seafood market is expected to reach $27.95 billion in 2027 at a CAGR of 5.8%.

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Global Frozen Seafood Market Segments Include:

• By Category: Fish, Crustaceans, Shellfish, Molluscs, Other Types
• By Nature: Organic, Conventional
• By Distribution Channel: Business-to-business (B2B), Business-to-consumer (B2C)
• By End User: Food Processing Industry, Food Service Provider, Retail And Household
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global frozen seafood market in 2021.

Major Market Players in the frozen seafood market include J.Sykes & Sons, Beaver Street Fisheries, Mazetta, Castlerock, AquaChile, High Liner Foods Inc., Lerøy Seafood Group ASA, Tassal Group, Toyo Suisan Kaisha Ltd.

Technological advancements are the most popular trend in the frozen seafood market. Major frozen seafood companies are focusing on using new technologies to better preserve frozen seafood in order to increase longevity and freshness. For example, Btsfjordbruket, a Norwegian seafood company, will install a spiral freezer with sanitising technology in July 2021. With a spiral freezer equipped with sanitising technology, the seafood company would be able to increase product output while also fully automating freezing procedures. The small spiral freezer, which can treat 5,500 lb (2,500 kilogrammes) of fish fillets per hour, uses horizontal airflow technology for uniform, controlled freezing. The Helix has approximately 1,830 ft2 (170 m2) of stainless-steel belt, which allows for the freezing of large quantities of seafood products in a small production space.

The Frozen Seafood Global Market Report 2023  provides a frozen seafood market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The frozen seafood market forecast analyzes frozen seafood market size, frozen seafood market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Frozen seafood is a type of seafood that has been frozen to preserve the natural quality of the fish by lowering the average temperature to -18 °C or lower and then remaining at that temperature.

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