Global Surimi Products Market Overview:
Surimi is the minced paste made from different types of fish like mackerel, Alaska pollock, threadfin bream, bigeye snapper, sardine, and croaker, etc. combined with sugar, sorbitol, and sweetener. Surimi products are made with this paste in various kinds of freshly cooked or processed food items. It helps in enhancing the texture, flavors, and taste of the products and is considered an inexpensive source of protein.
- Growing Demand for Nonmeat Protein and Comminuted Products in the Food Industry
- Need for Various Healthy and Nutritious Content in Surimi
- Stringent Regulatory Guidelines on the Production and Distribution of Surimi Products
- Surging Demand for Surimi Products from Asian Countries
- Availability of Premium Quality Surimi Products
- Allergy-Related Risk with Surimi Products
Some of the key players profiled in the report are Ocean Food Company Ltd (Canada), Thong Siek Global (Singapore), Apitoon Group (Thailand), Aquamar, Inc. (United States), Viciunai Group (Lithuania), Russian Fishery Company (Russia), Seaprimexco Vietnam (Vietnam), Trans-Ocean Products (United States) and Gadre Marine (India). Considering Market by Ingredients, the sub-segment i.e. Mackerel will boost the Surimi Products market. Considering Market by Product, the sub-segment i.e. Chikuwa will boost the Surimi Products market. Considering Market by Susimi, the sub-segment i.e. Grilled Surimi will boost the Surimi Products market.
Latest Market Insights:
On 21st July 2021, Russian food company KVEN has completed trials of Russian Fishery Company's (RFC) surimi produced on its new factory vessel, Vladimir Limanov. The production of surimi was possible thanks to the completion of one of its new modern supertrawler – the Vladimir Limanov – in December 2020. Since that time, KVEN has used RFC surimi to produce products like imitation crab meat, crabsticks, and other products.
On 25th November 2020, Trans-Ocean Products Inc. was recognized with MSC US Ocean Champion Award. The company has demonstrated a continued dedication to seafood sustainability, “going above and beyond the MSC standard to make MSC certified products available to consumers,” the certification organization said in a press release.
What Can be Explored with the Surimi Products Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Surimi Products Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Surimi Products
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Surimi Products market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Surimi Products market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Surimi Products Manufacturers, Surimi Products International Traders, Surimi Products Distributors and Suppliers, Research and Development Institutes, Potential Investors, Regulatory Bodies and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global Surimi Products Market?
The Surimi Products market is expected to see a CAGR of % during projected year 2020 to 2026.
2. Who are the top performing companies in Surimi Products Market?
Top performing companies in the Global Surimi Products market are Ocean Food Company Ltd (Canada), Thong Siek Global (Singapore), Apitoon Group (Thailand), Aquamar, Inc. (United States), Viciunai Group (Lithuania), Russian Fishery Company (Russia), Seaprimexco Vietnam (Vietnam), Trans-Ocean Products (United States) and Gadre Marine (India), to name a few.
3. What trending factors would impact Surimi Products Market growth most?
"Increasing Utilization of the Surimi Products in Processed Food Items" is seen as one of major influencing trends for Surimi Products Market during projected period 2020-2026.