Processed Seafood Market 2022-2028

PUBLISHED: October 15, 2022

PAGES: 135 Pages

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Global Processed Seafood Market Size, Share & Trends Analysis Report by Seafood Type (Fish, Shrimps, Crabs, Tuna, Roe, and Molluscs), by Product Type (Frozen Products, Smoked Products, Canned Products, Dried Products, and Others), and Distribution Channel (Online and Offline) Forecast Period (2022-2028)

The global processed seafood market is anticipated to grow at a substantial CAGR of 3.9% during the forecast period. A rise in demand for convenience and nutritious seafoods is driving the processed seafood market. Seafood is a high-protein food with low fat and calories. Seafood is highly consumed by health-conscious consumers. Increasing awareness about a healthy diet made consumers shifts to high protein seafood which increased the production of processed seafood items and support the growth of the processed seafood market worldwide. Consumers are always ready to eat a variety of seafood due to which many companies are introducing a variety of products in the seafood line to survive in the market. For instance, in March 2022, Current Foods has unveiled its latest product, Current Classic Smoked Salmon, at Natural Products Expo West 2022 which was being held on March 9th-11th, 2022, in Anaheim, California. Additionally, Revo Foods has launched vegan smoked salmon across Austrian supermarkets. The new 100% plant-based Revo Salmon alternative will be sold at retail giant Bill Plus, the chain under Rewe Group's management.

The global processed seafood market is segmented based on the seafood type, product type, and distribution channel. Based on the seafood type, the market is segmented into fish, shrimps, crabs, tuna, roe, and molluscs. Based on the product type, the market is sub-segmented into frozen products, smoked products, canned products, dried products, and others. Based on the distribution channel, the market is sub-segmented into online and offline. Among these, offline segment which includes hypermarket/supermarkets is projected to be the fastest growing during the forecast period.

Geographically market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America region is expected to hold a significant market share in the global processed seafood market during the forecast period due to the usage of advanced technology in seafood processing. The consumption and availability of processed seafood are also high in the North American region which has increased the imports of seafood. For instance, Blue Circle Foods has launched a new smoked salmon product in the US. Blue Circle Foods launched a new changing sea peppered smoked salmon in whole foods market stores. Additionally, in September 2020, Scout, launched the first craft canned seafood line to source 100% of species off the shores of Canada and the U.S. creating a local and sustainable business model. Scout established a network of small-scale and sustainable fisheries, local to Canada and the U.S., to introduce a transparent supply chain rooted in protecting ocean health.

The major companies serving the global processed seafood market include Abad Fisheries Pvt. Ltd., Greenland Seafood Europe GmbH, High Liner Foods Incorporated, Trident Seafoods Corporation, Universal Seafood, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in October 2021, Karavela has presented a plant-based canned seafood product range under a new brand, Fish Peas. Developed from the highly sustainable yellow pea.

Research Methodology

The market study of the global processed seafood market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.

The report provides an in-depth analysis of the market size and intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Processed Seafood Market Research and Analysis by Seafood Type

2. Global Processed Seafood Market Research and Analysis by Product Type

3. Global Processed Seafood Market Research and Analysis by Distribution Channel

The Report Covers:

Comprehensive Research Methodology of the global processed seafood market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global processed seafood market.
Insights about market determinants that are stimulating the global processed seafood market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026421

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Processed Seafood Market
Recovery Scenario of Global Processed Seafood Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. BY Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. Overview
- 3.1.2. Financial Analysis
- 3.1.3. SWOT Analysis
- 3.1.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of Covid-19 on Key Players

4. Market Segmentation

4.1. Global Processed Seafood Market by Seafood Type
- 4.1.1. Fish
- 4.1.2. Shrimps
- 4.1.3. Crabs
- 4.1.4. Tuna
- 4.1.5. Roe
- 4.1.6. Molluscs
4.2. Global Processed Seafood Market by Product Type
- 4.2.1. Frozen Products
- 4.2.2. Smoked Products
- 4.2.3. Canned Products
- 4.2.4. Dried Products
- 4.2.5. Others
4.3. Global Processed Seafood Market by Distribution Channel
- 4.3.1. Online
- 4.3.2. Offline

5. Regional Analysis

5.1. North America
- 5.1.1. US
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Abad Fisheries Pvt. Ltd.
6.2. Acme Smoked Fish Holding Corp.
6.3. Bristol Seafood
6.4. Greenland Seafood Europe GmbH
6.5. High Liner Foods Inc.
6.6. KARAVELA SIA
6.7. Mazzetta Company, LLC
6.8. Mowi ASA
6.9. Seaboard Foods
6.10. Scout
6.11. Trident Seafoods Corp
6.12. Universal Seafood

Product Code: OMR2026421

LIST OF TABLES

1. GLOBAL PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY SEAFOOD TYPE, 2021-2028($ MILLION)
2. GLOBAL FISH IN PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
3. GLOBAL SHRIMPS IN PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
4. GLOBAL CRABS IN PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
5. GLOBAL TUNA IN PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
6. GLOBAL ROE IN PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
7. GLOBAL MOLLUSCS IN PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
8. GLOBAL PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028($ MILLION)
9. GLOBAL FROZEN PROCESSED SEAFOOD PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
10. GLOBAL SMOKED PROCESSED SEAFOOD PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
11. GLOBAL CANNED PROCESSED SEAFOOD PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
12. GLOBAL DRIED PROCESSED SEAFOOD PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
13. GLOBAL OTHER PROCESSED SEAFOOD PRODUCTS MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
14. GLOBAL PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028($ MILLION)
15. GLOBAL ONLINE PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028($ MILLION)
16. GLOBAL OFFLINE PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
17. GLOBAL PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
18. NORTH AMERICAN PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028($ MILLION)
19. NORTH AMERICAN PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY SEAFOOD TYPE, 2021-2028($ MILLION)
20. NORTH AMERICAN PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028($ MILLION)
21. NORTH AMERICAN PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028($ MILLION)
22. EUROPEAN PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028($ MILLION)
23. EUROPEAN PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY SEAFOOD TYPE, 2021-2028($ MILLION)
24. EUROPEAN PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028($ MILLION)
25. EUROPEAN PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028($ MILLION)
26. ASIA-PACIFIC PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028($ MILLION)
27. ASIA-PACIFIC PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY SEAFOOD TYPE, 2021-2028($ MILLION)
28. ASIA-PACIFIC PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028($ MILLION)
29. ASIA-PACIFIC PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028($ MILLION)
30. REST OF THE WORLD PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028($ MILLION)
31. REST OF THE WORLD PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY SEAFOOD TYPE, 2021-2028($ MILLION)
32. REST OF THE WORLD PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY PRODUCT TYPE, 2021-2028($ MILLION)
33. REST OF THE WORLD PROCESSED SEAFOOD MARKET RESEARCH AND ANALYSIS BY DISTRIBUTION CHANNEL, 2021-2028($ MILLION)

LIST OF FIGURES

1. IMPACT OF COVID-19 ON GLOBAL PROCESSED SEAFOOD MARKET, 2021-2028($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL PROCESSED SEAFOOD MARKET BY SEGMENT, 2021-2028($ MILLION)
3. RECOVERY OF GLOBAL PROCESSED SEAFOOD MARKET, 2022-2028(%)
4. GLOBAL PROCESSED SEAFOOD MARKET SHARE BY SEAFOOD TYPE, 2021 VS 2028 (%)
5. GLOBAL FISH IN PROCESSED SEAFOOD MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL SHRIMPS IN PROCESSED SEAFOOD MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL CRABS IN PROCESSED SEAFOOD MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL TUNA IN PROCESSED SEAFOOD MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
9. GLOBAL ROE IN PROCESSED SEAFOOD MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL MOLLUSCS IN PROCESSED SEAFOOD MARKET REGION BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL PROCESSED SEAFOOD MARKET SHARE BY PRODUCT TYPE, 2021 VS 2028 (%)
12. GLOBAL FROZEN PROCESSED SEAFOOD PRODUCTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL SMOKED PROCESSED SEAFOOD PRODUCTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL CANNED PROCESSED SEAFOOD PRODUCTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL DRIED PROCESSED SEAFOOD PRODUCTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. GLOBAL OTHER PROCESSED SEAFOOD PRODUCTS MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
17. GLOBAL PROCESSED SEAFOOD MARKET SHARE BY DISTRIBUTION CHANNEL, 2021 VS 2028 (%)
18. GLOBAL ONLINE PROCESSED SEAFOOD MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
19. GLOBAL OFFLINE PROCESSED SEAFOOD MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
20. GLOBAL PROCESSED SEAFOOD MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
21. US PROCESSED SEAFOOD MARKET SIZE, 2021-2028($ MILLION)
22. CANADA PROCESSED SEAFOOD MARKET SIZE, 2021-2028($ MILLION)
23. UK PROCESSED SEAFOOD MARKET SIZE, 2021-2028($ MILLION)
24. FRANCE PROCESSED SEAFOOD MARKET SIZE, 2021-2028($ MILLION)
25. GERMANY PROCESSED SEAFOOD MARKET SIZE, 2021-2028($ MILLION)
26. ITALY PROCESSED SEAFOOD MARKET SIZE, 2021-2028($ MILLION)
27. SPAIN PROCESSED SEAFOOD MARKET SIZE, 2021-2028($ MILLION)
28. REST OF EUROPE PROCESSED SEAFOOD MARKET SIZE, 2021-2028($ MILLION)
29. INDIA PROCESSED SEAFOOD MARKET SIZE, 2021-2028($ MILLION)
30. CHINA PROCESSED SEAFOOD MARKET SIZE, 2021-2028($ MILLION)
31. JAPAN PROCESSED SEAFOOD MARKET SIZE, 2021-2028($ MILLION)
32. SOUTH KOREA PROCESSED SEAFOOD MARKET SIZE, 2021-2028($ MILLION)
33. REST OF ASIA-PACIFIC PROCESSED SEAFOOD MARKET SIZE, 2021-2028($ MILLION)
34. REST OF THE WORLD PROCESSED SEAFOOD MARKET SIZE, 2021-2028($ MILLION)