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(Transportation-News.com, April 12, 2018 ) The global population is growing and with it the demand for food, including seafood. According to the World Bank, by 2030, about 70% of the demand for fish and seafood will be from APAC. Therefore, to meet the demand for fish and seafood, the global production of fish and seafood needs to increase more than two-fold. The growth of the F&B industry, lifestyles changes, and increased demand for processed seafood drove the global frozen fish and seafood market in 2015.
Publisher’s analysts forecast the global frozen fish and seafood market to grow at a CAGR of 4.63% during the period 2016-2020.
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The diverse and fragmented frozen fish and seafood industry presents several opportunities for industry players. Companies can either specialize in a single seafood species segment within the value chain or adopt an integrated business model. The market is due to witness increasing globalization of the seafood value chain, wherein activities such as processing will gradually getting outsourced to countries in the Asian region and then sold internationally. This presents an attractive opportunity for the big players to diversify globally through mergers and acquisitions in the APAC region.
Key vendors
- AquaChile
- High Liner Foods
- Iglo Group
- Lerøy Seafood
- Marine Harvest
Other prominent vendors
- Austevoll Seafood
- Lyons Seafoods
- Hansung Enterprise
- Surapon Foods Public
- Tassal Group
- Tri Marine International
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Market driver
- Growing demand for frozen seafood
Market challenge
- Debate on nutritional value
Market trend
- Growing demand for frozen seafood
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
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