Processed Seafood Market Scope
The process of seafood is a major part of the seafood value chain. As per the European Commission 2016, the UK fish processing sector is the largest in terms or employment and turnover. In the processed seafood market North America is a developed region and Europe is emerging in a rapid manner. And the fastest-growing region in the sea food market in Asia pacific. The major players such as GEA from Germany and Marel from Iceland are enhancing their business by acquisitions across the globe to serve to enhance penetration in the seafood-processing market.
The market study is being classified by Type (Fish, Crustaceans and Mollusks), by Application (Household, Commercial and Others) and major geographies with country level break-up.
The global processed Seafood market is highly competitive and consists of some key players. In terms of market share, few of the key players presently dominate the global market. These market players are leveraging on strategic collaborative creativities to intensification their market share and escalation their profitability. Research Analyst at AMA predicts that Germany Vendors will contribute to the maximum growth of Global Processed Seafood market throughout the predicted period.
Middleby Corporation (United States), GEA Group Aktiengesellschaft (Germany), John Bean Technologies Corporation (United States), Marel hf. (Iceland), the BAADER-Group (Germany), Uni-Food Technic A/S (Denmark), Skaginn 3X (Iceland), Arenco AB (Denmark), Zhengda Food Machinery Co. Ltd (China) and KROMA A/S (Denmark) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Marine Harvest (Norway), Thai Union Frozen Products (Thailand), Maruha Nichiro Corporation (Japan), Nippon Suisan Kaisha (United States), Kyokuyo (Japan), Trident seafood (United States) and Nueva Pescanova (Spain).
AdvanceMarketAnalytics has segmented the market of Global Processed Seafood market by Type, Application and Region.
On the basis of geography, the market of Processed Seafood has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Processing Category, the sub-segment i.e. Primary Processor will boost the Processed Seafood market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Product, the sub-segment i.e. Frozen Seafood will boost the Processed Seafood market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Main Fish Category, the sub-segment i.e. Saltwater will boost the Processed Seafood market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increase Demand Of Froze Fish Exports in China, United States, Russia and Others
- Increase Concern towards Food Security and Nutrition
- Increase in Freezing and Storage Capacity
- Stronger Demand for Sustainable Seafood
- Increasing Number of ‘Metro Stores’ Increase the Number of Sales Outlets for Seafood
- Growing Demand for Seafood Products
- The rise in Domestic Sea Food Market
- Strong Export Market
- Increasing Uptake of Certifications for Sustainable Seafood
- Declining Supplies of UK Raw Material
- Increased Competition between Processors
- Poor Environmental Reputation of Some Fisheries
- Remote Geography of Some Plants Limits Access to Resources or Market
- Access and Supply of Skilled Labour Is Low
Key Target AudienceVenture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Processed Seafood Manufacturers, Suppliers and Distributors, Government Regulatory and Research Organizations and End-Use Industries
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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