The latest update of “Global Frozen Fish & Seafood Market” released by Stratagem Market Insights, forecasts further growth in the global supply and demand. The market report builds upon our previous iteration and the new release reinforces the sentiment that the 2021-2028 period is expected to be a promising period for the global Frozen Fish & Seafood Market.
Overview of the Frozen Fish & Seafood Market:
Increasing exports of fish for human consumption is expected to propel growth of the global frozen fish and seafood market over the forecast period. For instance, according to OECD-FAO Agricultural Outlook 2020-2029, worldwide exports of fish for human consumption are projected to reach 47 Mt LWE by 2029, an additional 4 Mt LWE in absolute terms when compared with the base period. This represents a rise of 9.4% in the next decade, more than halving the 23.0% increase in the previous decade. Moreover, increasing fish production is also expected to aid in growth of the market. For instance, according to OECD-FAO Agricultural Outlook 2020-2029, global fish production (from capture fisheries and aquaculture) is projected to increase from 176 Mt in the base period to 200 Mt by 2029.
Increasing demand for oil extracted from seafood is expected to offer lucrative growth opportunities for players in the global frozen fish and seafood market. For instance, in November 2019, Acasti Pharma Inc., a biopharmaceutical company, partnered with Aker BioMarine, a Norwegian fishing and biotech company providing krill products, to deliver krill oil to Acasti, under a two-year, fixed-price supply agreement. Moreover, increasing demand for prepared and packaged food and products is also expected to aid in growth of the market over the forecast period. For instance, according to the U.S Department of Agriculture, the export of prepared food from U.S. increased from US$ 5, 849 million in 2015 to US$ 6,682 million in 2019.
Increasing vegan population is expected to hinder growth of the global frozen fish and seafood market. For instance, according to The Vegan Society, the number of people consuming only vegetarian food in the U.K. increased from 276,000 in 2016 to 600,000 in 2019.
Key Takeaways
- Increasing exports of fish for human consumption is expected to propel growth of the global frozen fish and seafood market over the forecast period
- Major players operating in the frozen fish and seafood market are focused on adopting M&A strategies to expand their product portfolio. For instance, in June 2021, Maruha Nichiro Corporation signed a contract to acquire shares of Marine Access Corporation from Nippon Access, Inc.
- Major players operating in the frozen fish and seafood market include, Maruha Nichiro Corporation, Thai Union Group, Mowi (Marine Harvest), Dongwon Enterprise, Red Chamber Group, Trident Seafoods, High Liner Foods, Iglo Group, Leroy Seafood Group, Beijing Princess Seafood International, Empresas AquaChile, Labeyrie Fine Foods, Sajo Industries, Stolt Sea Farm, Surapon Foods, and Tassal Group
Market Estimation:
The data processed and validated in secondary and primary research is analyzed to compute market estimation statistics. It involves market breakdown, bottom-up, and top-down research. Our research team considers macroeconomic factors to forecast a comprehensive statistical time series. Each data point is validated through the process data triangulation method to derive the final market estimation.
COVID-19 Impact:
The updated report, free extract available, comes with an option to access premium features that covers extensive past, current, and future data. Other valuable updates to the global Frozen Fish & Seafood Market report include a reviewed and refined pricing model for manufacturing and launch prices. The report incorporates new content to help give decision-makers key knowledge about the market and offers up-to-date forecasts accounting for the economic situation and impact of COVID-19.
Market Competition Assessment:
The Frozen Fish & Seafood Market is observed as the most diversified and competitive market comprising a large number of players. The market is dominated by several players, depending on their major competencies. The key players in this market are
- Maruha Nichiro
- Thai Union Group
- Mowi (Marine Harvest)
- Dongwon Enterprise
- Red Chamber Group
- Trident Seafoods
- High Liner Foods
- Iglo Group
- Leroy Seafood Group
- Beijing Princess Seafood International
- Empresas AquaChile
- Labeyrie Fine Foods
- Sajo Industries
- Stolt Sea Farm
- Surapon Foods
- Tassal Group
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2028. For the purpose of this study, Stratagem Market Insights has segmented the global Frozen Fish & Seafood Market report on the basis of Types, Applications, and Regions.
By Product Type, the market is primarily segmented into:
- Fish
- Crustaceans
- Shellfish
- Others
By Applications, the market is segmented into:
- Retail customers
- Hotels and restaurants
- Others
The report covers the following Regions:
- North America
- Latin America
- Europe
- Asia Pacific
- Africa
- Middle East
Primary Research Insights:
The process of primary research starts with the verification and validation of every detail obtained in secondary research. This is done with the help of industry experts and in-house analysts who check the authentication of the data. Stratagem Market Insights also ensures that our research is not restricted by certain boundaries, which is why we consult each individual in the value chain including raw materials suppliers, local vendors, wholesale dealers, distributors, etc. We also make sure that every detail provided in the document will hold a certain value and it will not be trivial information. Moreover, current market trends, growth opportunities, drivers, and restraints are computed in primary research only.
The Report Sheds Light on Various Aspects of the Market, Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- Which regions might see the demand maturing in certain segments in near future?
- Which government regulations might challenge the status of key regional markets?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Why You Should Buy This Report:
- The report provides an all-inclusive environment of the analysis for the market
- In-depth secondary research and primary interviews
- Impact of various social, political, and economic factors
- Porter’s Five Forces Analysis
- Competitive Landscape
Available Customizations:
Custom research is one of the most crucial components of the business strategy that helps an organization gain insight into a specific business sector, aligned with its specific area of interest. Thus, SMI offers more accurate, pragmatic, and actionable information specifically tailored to suit your business needs.
Table of Content
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Frozen Fish & Seafood Market Revenue
1.4 Market Analysis by Type
1.5 Market by Application
1.5.1 Global Frozen Fish & Seafood Market Share by Application: 2021 VS 2027
1.6 Coronavirus Disease 2019 (Covid-19) Impact: Frozen Fish & Seafood Market
1.6.1 How the Covid-19 is Affecting the Frozen Fish & Seafood Market
1.6.1.1 Frozen Fish & Seafood Market Business Impact Assessment - Covid-19
1.6.2 Market Trends and Frozen Fish & Seafood Market Potential Opportunities in the COVID-19 Landscape
1.6.3 Measures / Proposal against Covid-19
1.6.3.1 Government Measures to Combat Covid-19 Impact
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends by Regions
2.1 Frozen Fish & Seafood Market Perspective (2015-2027)
2.2 Frozen Fish & Seafood Market Growth Trends by Regions
2.2.1 Frozen Fish & Seafood Market Size by Regions: 2015 VS 2021 VS 2027
2.2.2 Frozen Fish & Seafood Market Historic Market Share by Regions (2015-2021)
2.2.3 Frozen Fish & Seafood Market Forecasted Market Size by Regions (2021-2027)
2.3 Industry Trends and Growth Strategy
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Market Challenges
2.3.4 Porters Five Forces Analysis
2.3.5 Frozen Fish & Seafood Market Growth Strategy
2.3.6 Primary Interviews with Key Frozen Fish & Seafood Market Players (Opinion Leaders)
3 Competition Landscape by Key Players
3.1 Global Top Frozen Fish & Seafood Market Players by Market Size
3.1.1 Global Top Frozen Fish & Seafood Market Players by Revenue (2015-2021)
3.1.2 Global Frozen Fish & Seafood Market Revenue Market Share by Players (2015-2021)
3.1.3 Global Frozen Fish & Seafood Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
3.2 Global Frozen Fish & Seafood Market Concentration Ratio
3.2.1 Global Frozen Fish & Seafood Market Concentration Ratio (CR5 and HHI)
3.2.2 Global Top 10 and Top 5 Companies by Frozen Fish & Seafood Market Revenue in 2019
3.3 Frozen Fish & Seafood Market Key Players Head office and Area Served
3.4 Key Players Frozen Fish & Seafood Market Product Solution and Service
3.5 Date of entering into Frozen Fish & Seafood Market
3.6 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Type (2015-2027)
4.1 Global Frozen Fish & Seafood Market Historic Market Size by Type (2015-2021)
4.2 Global Frozen Fish & Seafood Market Forecasted Market Size by Type (2021-2027)
5 Frozen Fish & Seafood Market Breakdown Data by Application (2015-2027)
5.1 Global Frozen Fish & Seafood Market Size by Application (2015-2021)
5.2 Global Frozen Fish & Seafood Market Forecasted Market Size by Application (2021-2027)
6 North America
6.1 North America Frozen Fish & Seafood Market Size (2015-2021)
6.2 Frozen Fish & Seafood Market Key Players in North America (2019-2021)
6.3 North America Frozen Fish & Seafood Market Size by Type (2015-2021)
6.4 North America Frozen Fish & Seafood Market Size by Application (2015-2021)
7 Europe
7.1 Europe Frozen Fish & Seafood Market Size (2015-2021)
7.2 Frozen Fish & Seafood Market Key Players in Europe (2019-2021)
7.3 Europe Frozen Fish & Seafood Market Size by Type (2015-2021)
7.4 Europe Frozen Fish & Seafood Market Size by Application (2015-2021)
8 China
8.1 China Frozen Fish & Seafood Market Size (2015-2021)
8.2 Frozen Fish & Seafood Market Key Players in China (2019-2021)
8.3 China Frozen Fish & Seafood Market Size by Type (2015-2021)
8.4 China Frozen Fish & Seafood Market Size by Application (2015-2021)
9 Japan
9.1 Japan Frozen Fish & Seafood Market Size (2015-2021)
9.2 Frozen Fish & Seafood Market Key Players in Japan (2019-2021)
9.3 Japan Frozen Fish & Seafood Market Size by Type (2015-2021)
9.4 Japan Frozen Fish & Seafood Market Size by Application (2015-2021)
10 Southeast Asia
10.1 Southeast Asia Frozen Fish & Seafood Market Size (2015-2021)
10.2 Frozen Fish & Seafood Market Key Players in Southeast Asia (2019-2021)
10.3 Southeast Asia Frozen Fish & Seafood Market Size by Type (2015-2021)
10.4 Southeast Asia Frozen Fish & Seafood Market Size by Application (2015-2021)
11 India
11.1 India Frozen Fish & Seafood Market Size (2015-2021)
11.2 Frozen Fish & Seafood Market Key Players in India (2019-2021)
11.3 India Frozen Fish & Seafood Market Size by Type (2015-2021)
11.4 India Frozen Fish & Seafood Market Size by Application (2015-2021)
12 Central & South America
12.1 Central & South America Frozen Fish & Seafood Market Size (2015-2021)
12.2 Frozen Fish & Seafood Market Key Players in Central & South America (2019-2021)
12.3 Central & South America Frozen Fish & Seafood Market Size by Type (2015-2021)
12.4 Central & South America Frozen Fish & Seafood Market Size by Application (2015-2021)
13 Key Players Profiles
13.1 Company Details
13.2 Business Overview and Its Total Revenue
13.3 Frozen Fish & Seafood Market Introduction
13.4 Frozen Fish & Seafood Market Business (2015-2021)
13.5 Recent Development
14 Analyst's Viewpoints/Conclusions
15 Appendix
15.1 Research Methodology
15.1.1 Methodology/Research Approach
15.1.2 Data Source
15.2 Disclaimer
15.3 Author Details
List of Table
Table 1. Frozen Fish & Seafood Market Key Market Segments
Table 2. Key Players Covered: Ranking by Frozen Fish & Seafood Market Revenue
Table 3. Ranking of Global Top Frozen Fish & Seafood Market Manufacturers by Revenue (US$ Million) in 2019
Table 4. Global Frozen Fish & Seafood Market Size Growth Rate by Type (US$ Million): 2021 VS 2027
Table 5. COVID-19 Impact Global Market
Table 6. Opportunities and Trends for Frozen Fish & Seafood Market Players in the COVID-19 Landscape
Table 7. Present Opportunities in China & Elsewhere Due to the Coronavirus Crisis
Table 8. Key Regions/Countries Measures against Covid-19 Impact
Table 9. Proposal for Frozen Fish & Seafood Market Players to Combat Covid-19 Impact
Table 10. Global Frozen Fish & Seafood Market Size Growth by Application (US$ Million): 2021 VS 2027
Table 11. Global Frozen Fish & Seafood Market Size by Regions (US$ Million): 2021 VS 2027
Table 12. Global Frozen Fish & Seafood Market Size by Regions (2015-2021) (US$ Million)
Table 13. Global Frozen Fish & Seafood Market Share by Regions (2015-2021)
Table 14. Global Frozen Fish & Seafood Market Forecasted Market Size by Regions (2021-2027) (US$ Million)
Table 15. Global Frozen Fish & Seafood Market Share by Regions (2021-2027)
Table 16. Market Top Trends
Table 17. Key Drivers: Impact Analysis
Table 18. Key Challenges
Table 19. Frozen Fish & Seafood Market Growth Strategy
Table 20. Main Points Interviewed from Key Frozen Fish & Seafood Market Players
Table 21. Global Frozen Fish & Seafood Market Revenue by Players (2015-2021) (Million US$)
Table 22. Global Frozen Fish & Seafood Market Share by Players (2015-2021)
Table 23. Global Top Frozen Fish & Seafood Market Players by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Frozen Fish & Seafood Market as of 2019)
Table 24. Global Frozen Fish & Seafood Market by Players Market Concentration Ratio (CR5 and HHI)
Table 25. Key Players Headquarters and Area Served
Table 26. Key Players Frozen Fish & Seafood Market Product Solution and Service
Table 27. Date of entering into Frozen Fish & Seafood Market
Table 28. Mergers & Acquisitions, Expansion Plans
Table 29. Global Frozen Fish & Seafood Market Size by Type (2015-2021) (Million US$)
Table 30. Global Frozen Fish & Seafood Market Size Share by Type (2015-2021)
Table 31. Global Frozen Fish & Seafood Market Revenue Market Share by Type (2021-2027)
Table 31. Global Frozen Fish & Seafood Market Size Share by Application (2015-2021)
Table 33. Global Frozen Fish & Seafood Market Size by Application (2015-2021) (Million US$)
Table 34. Global Frozen Fish & Seafood Market Size Share by Application (2021-2027)
Table 35. North America Key Players Frozen Fish & Seafood Market Revenue (2019-2021) (Million US$)
Table 36. North America Key Players Frozen Fish & Seafood Market Share (2019-2021)
Table 37. North America Frozen Fish & Seafood Market Size by Type (2015-2021) (Million US$)
Table 38. North America Frozen Fish & Seafood Market Share by Type (2015-2021)
Table 39. North America Frozen Fish & Seafood Market Size by Application (2015-2021) (Million US$)
Table 40. North America Frozen Fish & Seafood Market Share by Application (2015-2021)
Table 41. Europe Key Players Frozen Fish & Seafood Market Revenue (2019-2021) (Million US$)
Table 42. Europe Key Players Frozen Fish & Seafood Market Share (2019-2021)
Table 43. Europe Frozen Fish & Seafood Market Size by Type (2015-2021) (Million US$)
Table 44. Europe Frozen Fish & Seafood Market Share by Type (2015-2021)
Table 45. Europe Frozen Fish & Seafood Market Size by Application (2015-2021) (Million US$)
Table 46. Europe Frozen Fish & Seafood Market Share by Application (2015-2021)
Table 47. China Key Players Frozen Fish & Seafood Market Revenue (2019-2021) (Million US$)
Table 48. China Key Players Frozen Fish & Seafood Market Share (2019-2021)
Table 49. China Frozen Fish & Seafood Market Size by Type (2015-2021) (Million US$)
Table 50. China Frozen Fish & Seafood Market Share by Type (2015-2021)
Table 51. China Frozen Fish & Seafood Market Size by Application (2015-2021) (Million US$)
Table 52. China Frozen Fish & Seafood Market Share by Application (2015-2021)
Table 53. Japan Key Players Frozen Fish & Seafood Market Revenue (2019-2021) (Million US$)
Table 54. Japan Key Players Frozen Fish & Seafood Market Share (2019-2021)
Table 55. Japan Frozen Fish & Seafood Market Size by Type (2015-2021) (Million US$)
Table 56. Japan Frozen Fish & Seafood Market Share by Type (2015-2021)
Table 57. Japan Frozen Fish & Seafood Market Size by Application (2015-2021) (Million US$)
Table 58. Japan Frozen Fish & Seafood Market Share by Application (2015-2021)
Table 59. Southeast Asia Key Players Frozen Fish & Seafood Market Revenue (2019-2021) (Million US$)
Table 60. Southeast Asia Key Players Frozen Fish & Seafood Market Share (2019-2021)
Table 61. Southeast Asia Frozen Fish & Seafood Market Size by Type (2015-2021) (Million US$)
Table 62. Southeast Asia Frozen Fish & Seafood Market Share by Type (2015-2021)
Table 63. Southeast Asia Frozen Fish & Seafood Market Size by Application (2015-2021) (Million US$)
Table 64. Southeast Asia Frozen Fish & Seafood Market Share by Application (2015-2021)
Table 65. India Key Players Frozen Fish & Seafood Market Revenue (2019-2021) (Million US$)
Table 66. India Key Players Frozen Fish & Seafood Market Share (2019-2021)
Table 67. India Frozen Fish & Seafood Market Size by Type (2015-2021) (Million US$)
Table 68. India Frozen Fish & Seafood Market Share by Type (2015-2021)
Table 69. India Frozen Fish & Seafood Market Size by Application (2015-2021) (Million US$)
Table 70. India Frozen Fish & Seafood Market Share by Application (2015-2021)
Table 71. Central & South America Key Players Frozen Fish & Seafood Market Revenue (2019-2021) (Million US$)
Table 72. Central & South America Key Players Frozen Fish & Seafood Market Share (2019-2021)
Table 73. Central & South America Frozen Fish & Seafood Market Size by Type (2015-2021) (Million US$)
Table 74. Central & South America Frozen Fish & Seafood Market Share by Type (2015-2021)
Table 75. Central & South America Frozen Fish & Seafood Market Size by Application (2015-2021) (Million US$)
Table 76. Central & South America Frozen Fish & Seafood Market Share by Application (2015-2021)
Table 77. Company Details
Table 78. Business Overview
Table 79. Product details
Table 80. Revenue in Frozen Fish & Seafood Market Business (2015-2021) (Million US$)
Table 81. Recent Development
List of Figures
Figure 1. Global Frozen Fish & Seafood Market Share by Type: 2021 VS 2027
Figure 2. Global Frozen Fish & Seafood Market Share by Application: 2021 VS 2027
Figure 3. Emergency Care Case Studies
Figure 4. Outpatient Facilities Case Studies
Figure 5. Hospitals Case Studies
Figure 6. Home Healthcare Facilities Case Studies
Figure 7. Frozen Fish & Seafood Market Report Years Considered
Figure 8. Global Frozen Fish & Seafood Market Size YoY Growth 2015-2027 (US$ Million)
Figure 9. Global Frozen Fish & Seafood Market Share by Regions: 2021 VS 2027
Figure 10. Global Frozen Fish & Seafood Market Share by Regions (2021-2027)
Figure 11. Porter's Five Forces Analysis
Figure 12. Global Frozen Fish & Seafood Market Share by Players in 2019
Figure 13. Global Top Frozen Fish & Seafood Market Players by Company Type (Tier 1, Tier 2, and Tier 3) (based on the Revenue in Frozen Fish & Seafood Market as of 2019
Figure 14. The Top 10 and 5 Players Market Share by Frozen Fish & Seafood Market Revenue in 2019
Figure 15. North America Frozen Fish & Seafood Market Size YoY Growth (2015-2021) (Million US$)
Figure 16. Europe Frozen Fish & Seafood Market Size YoY Growth (2015-2021) (Million US$)
Figure 17. China Frozen Fish & Seafood Market Size YoY Growth (2015-2021) (Million US$)
Figure 18. Japan Frozen Fish & Seafood Market Size YoY Growth (2015-2021) (Million US$)
Figure 19. Southeast Asia Frozen Fish & Seafood Market Size YoY Growth (2015-2021) (Million US$)
Figure 20. India Frozen Fish & Seafood Market Size YoY Growth (2015-2021) (Million US$)
Figure 21. Central & South America Frozen Fish & Seafood Market Size YoY Growth (2015-2021) (Million US$)
Figure 22. Bottom-up and Top-down Approaches for This Report
Figure 23. Data Triangulation
Figure 24. Key Executives Interviewed
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