North America Frozen Seafood Market Size, Share, Latest Insights, Business Opportunities and Forecast 2022-2027
According to IMARC Group’s latest report, titled “North America Frozen Seafood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027″ offers a comprehensive analysis of the industry, which comprises insights on the north america frozen seafood market share.
the North America frozen seafood market size reached US$ 14.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2027, exhibiting a growth rate (CAGR) of 3.9% during 2022-2027.
Frozen seafood products are preserved for inhibiting the growth of bacteria in order to increase their shelf life, taste, and nutritional value. The seafood freezing technique includes two different approaches, namely, cryofreezing and carboxymethylcellulose. In cryofreezing, seafood items, such as salmon, tuna, shrimp, oysters, and tilapia, are kept in ultra-low liquid nitrogen for maintaining their quality. On the other hand, carboxymethylcellulose is used to curb the adulteration of seafood commodities.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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North America Frozen Seafood Market Trends:
The increasing demand of convenience foods such as ready-to-eat (RTE) and ready-to-cook (RTC) products coupled with the increasing health consciousness among the consumers currently represent the major factors driving the frozen seafood products market in North America. The RTE and RTC products reduce the preparation time and are gaining attention among the working population with busy and hectic lifestyles. The rising consumer awareness about the health benefits of seafood associated with eyes & heart health coupled with the lifestyle changes are also leading to an increased demand for such products. Furthermore, the growing demand for frozen seafood as a thickening agent in various food-processing applications has also fueled the market growth. Other factors driving the industry include advancement in freezing technologies, technological innovations, better supply chain solutions, increasing premiumization of products, rising population, increasing urbanization, etc.
North America Frozen Seafood Market Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the north america frozen seafood market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Leroy Seafood
High Liner Foods
Marine Harvest
Iglo Group
Austevoll Seafood
Fishery Products International
Key Market Segmentation:
The report has segmented the north america frozen seafood market on the basis of type, distribution channel, sector and country.
Breakup by Country
United States
Canada
Breakup by Type
Shrimp
Salmon
Tuna
Tilapia
Pangasius
Catfish
Others
Breakup by Distribution Channel
Supermarkets and Hypermarkets
Speciality Retailers
Convenience Stores
Online
Others
Breakup by Sector
Retail
Institutional
Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/north-america-frozen-seafood-market
Key Highlights of the Report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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