Processed Seafood And Seafood Processing Equipment Market: By Type of Species, By Equipment, By End Product, By Distribution Channel, and Region Forecast 2019-2030

Processed Seafood And Seafood Processing Equipment Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type of Species (Fish, Crustaceans, Mollusks), By Equipment (Slaughtering, Gutting, Scaling, Filleting, Others), By End Product (Frozen, Smoked, Canned, Dried, and Others), By Distribution Channel (Hypermarkets, Supermarkets, Food Specialty Stores, Convenient Stores, and Others), and Region Forecast 2019-2030

Processed Seafood And Seafood Processing Equipment Market size was valued at US$ 286.4 billion in 2023 and is expected to reach US$ 397.4 billion by 2030 at a CAGR of 6.2% from 2024-2030. Due to the increase in demand for protein-rich food, increasing population, and rising health consciousness among people. Moreover, the increase in the aquaculture industry, availability of wide varieties of water species, increase in disposable income of people, increase in adaptation of seafood and increasing demand for processed foods with high nutritional value are driving the growth of the global processed seafood & seafood processing equipment market over the forecast timeframe. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global processed market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated the competition dashboard to assess the market competition. 

Processed Seafood And Seafood Processing Equipment Market Summary

Study Period

2025-2031

Base Year

2024

CAGR

6.2%

Largest Market

North-America

Fastest Growing Market

Asia-Pacific

Processed Seafood And Seafood Processing Equipment Market Dynamics

Increase in the world population is a key factor drive the global market. The increasing population worldwide has resulted in significant increase in food demand. Due to various reasons like lack of water, lack of proper environmental conditions the crop production in getting decreased and the demand for processed sea foods has been increased.

According to UNO, 55% of the total world population live in urban areas and it is expected to reach 65% by 2050. Majority of the people who live in rural areas depends on agriculture but the population is getting decreased due to various reasons so that the production is getting decreased and the demand for processed foods is getting increased. However, rise in demand for highly proteinaceous food, and increasing aquaculture industries have enhanced the growth of the processed seafood & seafood processing equipment market.

Processed Seafood And Seafood Processing Equipment Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2025-2031

Market Size in 2023

US$ 286.4 billion

Market Size in 2030

US$ 397.4 billion

Market CAGR

6.2%

By Type of Species

  • Crustaceans
  • Fish
  • Molluscs

By End Product

  • Frozen
  • Smoked
  • Canned
  • Dried
  • Surimi
  • Others

By Distribution Channel

  • Hypermarkets
  • Supermarkets
  • Food Specialty Stores
  • Convenient Stores
  • Others

By Equipment

  • Slaughter Machines
  • Gutting Machines
  • Scaling Machines
  • Filleting Machines
  • Others

By Region

  • North America (USA, Canada)
  • Europe (Germany, UK, France, Spain, Italy , Rest of Europe)
  • The Asia Pacific (China, India, Japan, Australia, South Korea, Rest of Asia- Pacific)
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America)
  • MEA (Saudi Arabia, UAE, South Africa, Rest of MEA)

Key Features of the Report

  • The processed seafood and seafood processing equipment market report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis

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Frequently Asked Questions

The processed seafood and seafood processing equipment market size was valued at US$ 286.4 billion in 2023 and is projected to reach US$ 397.4 billion by 2030, at a CAGR of 6.2%.

The market key players are: Freiremar S.A. (Spain) Lee Fishing Company (Australia) Leigh Fisheries Ltd. (New Zealand) Seattle Fish Company (U.S.) Thai Union Group (Thailand) Abba Seafoods AB (Sweden) Marine Harvest ASA. (Norway) Royal Greenland A/S (Greenland) Tesco PLC. (UK) Wm Morrison Supermarkets plc (UK) Cuulong Fish JSC (Vietnam). John Westfoods Ltd. (UK) Skaginn 3X (Iceland) Zhengda Food Machinery Co. Ltd (China) Nippon Suisan Kaisha, Ltd. (Japan)

The market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.

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Author

Sravani

Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....

Key Market Players

  • Freiremar S.A. (Spain)
  • Lee Fishing Company (Australia)
  • Leigh Fisheries Ltd. (New Zealand)
  • Seattle Fish Company (U.S.)
  • Thai Union Group (Thailand)
  • Abba Seafoods AB (Sweden)
  • Marine Harvest ASA. (Norway)
  • Royal Greenland A/S (Greenland)
  • Tesco PLC. (UK)
  • Wm Morrison Supermarkets plc (UK)
  • Cuulong Fish JSC (Vietnam).
  • John Westfoods Ltd. (UK)
  • Skaginn 3X (Iceland)
  • Zhengda Food Machinery Co. Ltd (China)
  • Nippon Suisan Kaisha, Ltd. (Japan)

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