Frozen Seafood Market by Type (Frozen Shrimps, Frozen Fish, Frozen Shellfish, Frozen Mollusks, and Others) and Distribution Channel (Online Retail, Supermarket/Hypermarket, Convenience Stores, Specialty Stores, and Others): Global Opportunity Analysis and Industry Forecast, 2018–2025
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Jul 2020 |
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COVID-19
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Request Now !Seafood is recommended as a part of nutritionally balanced diets. Freezing the seafood creates year-round availability due to increased shelf life. Also, this makes the seafood available at affordable prices without deteriorating the quality and nutrition. The demand for ready to cook/eat food products has been witnessing growth over the recent years due to various factors such as convenience, affordability, high nutritional value, and others. This has consequently increased the demand for frozen sea food owing to its similar characteristics.
The rise in disposable income and preference for food that provides convenience in cooking and consumption has gained profound importance especially among the urban populace owing to their busy lifestyle. In addition, there is an increase in awareness of the health benefits of seafood. This boost the demand for frozen seafood. The easy accessibility and availability of various varieties of seafood under one roof through establishment of large retail chains especially in the developing countries helps propel the market expansion. However, overfishing has become a great cause of concern not only to the fisheries but also the environment. Overexploitation could lead to less availability of fish, which in turn increases the prices of frozen seafood, ultimately hampering the market growth.
On the contrary, adopting quick freezing technology to freeze seafood can help produce superior quality of products and using heat-and-eat containers which will allow consumers to cook their food products instantly, can be viewed as an opportunity by the manufacturers to expand the market base.
The frozen seafood market is segmented based on type, distribution channel, and region. Based on type, it is classified into frozen shrimps, frozen fish, frozen shellfish, frozen mollusks, and others. Based on distribution channel, it is divided into online retail, supermarket/hypermarket, convenience stores, specialty stores, and others. Based on region, it is studied across North America, Europe, Asia-Pacific, and LAMEA.
The key players operating in the frozen seafood market include Seven Seas, IFC Frozen Seafood, Sterling Seafood, Clifton Seafood Company, Lotus Seafood Inc., Kangamiut Seafood, Marine Foods, Viet Asia Foods, American Seafoods Company LLC, and Apex Frozen Foods Ltd.
KEY BENEFITS FOR STAKEHOLDERS
- The report provides an in-depth analysis of the current trends, drivers, and dynamics of the frozen seafood market to elucidate the prevailing opportunities and tap the investment pockets.
- It offers qualitative trends as well as quantitative analysis of the global market from 2018 to 2025 to assist stakeholders to understand the market scenario.
- In-depth analysis of the key segments demonstrates type of frozen seafood and its distribution channels.
- Competitive intelligence of the industry highlights the business practices followed by key players across geographies as well as the prevailing market opportunities.
- Key market players are profiled to understand the competitive outlook of the market.
Key Market Segments
By Type
- Frozen Shrimps
- Frozen Fish
- Frozen Shellfish
- Frozen Mollusks
- Others
By Distribution Channel
- Online Retail
- Supermarket/Hypermarket
- Convenience Stores
- Specialty Stores
- Others
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- France
- Germany
- Spain
- Rest of Europe
- Asia-Pacific
- India
- China
- Australia
- Japan
- Rest of Asia-Pacific
- LAMEA
- Turkey
- Brazil
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key players in the frozen seafood market include
- Seven Seas
- IFC Frozen Seafood
- Sterling Seafood
- Clifton Seafood Company
- Lotus Seafood Inc.
- Kangamiut Seafood
- Marine Foods
- Viet Asia Foods
- American Seafoods Company LLC
- Apex Frozen Foods Ltd.
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
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With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
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Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
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