According to IMARC Group’s latest report, titled “Seafood Processing Equipment Market: Global Industry Trends, Size, Share, Growth, Opportunity and Forecast 2023-2028”, The global seafood processing equipment market size reached US$ 1.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.5% during 2023-2028.
What are Seafood Processing Equipment?
Seafood processing equipment are used to manage, prep, cook, pack, and store various aquatic organisms for commercial purposes. It includes scaling, skinning, deboning, filleting, freezing, and curing as some commonly used equipment. These apparatuses help retain the nutritional value of the item, maintain bioactive peptides of discarded seafood products, and mitigate decomposition. Consequently, seafood processing equipment is extensively used for maintaining the quality of several perishable frozen, smoked, canned, and dried seafood products.
What are the growth prospects and trends in the Seafood Processing Equipment?
The global seafood processing equipment market is primarily driven by the significant expansion in the aquaculture industry. In line with this, the increasing demand for processed seafood products owing to rising health consciousness amongst consumers and growing disposable incomes is further supporting the market growth. Additionally, the rising need for improved logistics has prompted governments to promote the uptake of technologically modern processing equipment with improved distribution channels, which is propelling the market growth. Apart from this, the extensive utilization of slaughtering equipment for cutting fish in required cuts and the availability of advanced packaging solutions for ensuring longer shelf is creating a positive outlook for the market.
What is included in market segmentation?
The report has segmented the market into the following categories:
Based On Seafood Type:
- Finfish
- Crustaceans
- Mollusks
- Others
Based On Equipment Type:
- Gutting
- Scaling
- Skinning
- Deboning
- Filleting
- Others
Based On Distribution Channel:
- Supermarkets and Hypermarkets
- Food Specialty Stores
- Convenient Stores
- Others
Based On Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Who are the key players operating in the industry?
The report covers the major market players including:
- BAADER
- Bettcher Industries Inc
- CTB Inc. (Berkshire Hathaway Company)
- JBT Corporation
- KM Fish Machinery A/S
- Marel, Pisces Fish Machinery Inc
- SEAC AB
- Seafood Technology Limited
- Subzero (Grimsby) Limited
- Uni-Food Technic A/S
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Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- 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
Note: 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.
About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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