According to IMARC Group’s latest report, titled “North America Frozen Seafood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the North America frozen seafood market size reached US$ 14.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2027, exhibiting a growth rate (CAGR) of 3.9% during 2022-2027.
Frozen seafood products are preserved for inhibiting the growth of bacteria in order to increase their shelf life, taste, and nutritional value. The seafood freezing technique includes two different approaches, namely, cryofreezing and carboxymethylcellulose. In cryofreezing, seafood items, such as salmon, tuna, shrimp, oysters, and tilapia, are kept in ultra-low liquid nitrogen for maintaining their quality. On the other hand, carboxymethylcellulose is used to curb the adulteration of seafood commodities.
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North America Frozen Seafood Market Trends:
The rising consciousness amongst consumers regarding their health has led to the increasing demand for ready-to-cook (RTC) and ready-to-eat (RTE) food items, which is primarily driving the frozen seafood market in North America. Moreover, the widespread adoption of seafood products due to the presence of proteins, vitamins, and fatty acids is propelling the market growth. Furthermore, the rising inclination of consumers toward frozen food over canned products is expected to create a positive outlook for the market.
North America Frozen Seafood Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the North America frozen seafood market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Leroy Seafood
- High Liner Foods
- Marine Harvest
- Iglo Group
- Austevoll Seafood
- Fishery Products International
Key Market Segmentation:
The report has segmented the North America frozen seafood market on the basis of type, distribution channel and sector
Breakup by Type
- Shrimp
- Salmon
- Tuna
- Tilapia
- Pangasius
- Catfish
- Others
Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Speciality Retailers
- Convenience Stores
- Online
- Others
Breakup by Sector
- Retail
- Institutional
Breakup by Country
- United States
- Canada
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Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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