South Korea Quick-frozen Surimi Products Market was valued at USD 0.6 Billion in 2022 and is projected to reach USD 1.0 Billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030.
The South Korean quick-frozen surimi products market has seen significant growth over the past decade, driven by increasing demand from various industries such as food processing, catering, and retail. Quick-frozen surimi products, commonly known for their imitation crab meat, are made by processing fish and other marine species to create a versatile ingredient used in a variety of dishes. The market is projected to continue expanding as consumer preferences evolve towards convenient, ready-to-eat, and affordable food options.
South Korea's quick-frozen surimi products market is shaped by several key factors. First, the food industry’s demand for high-quality, cost-effective substitutes for seafood is driving the market forward. Surimi products are widely used in sushi rolls, salads, and soups, providing a more affordable and sustainable option compared to fresh seafood. This is particularly important as global seafood prices fluctuate and supply chains face disruptions.
Additionally, the demand for surimi products is influenced by the growing popularity of Korean cuisine worldwide. South Korean dishes like kimbap and seafood pancakes feature surimi as a key ingredient. The need for high-volume, consistent, and standardized products from the food service industry has made quick-frozen surimi products an essential component for restaurant chains and large-scale caterers. Major retail chains and supermarkets are also increasing their offerings of frozen surimi-based products due to rising consumer demand for convenience foods.
In terms of industry requirements, the quick-frozen surimi products market in South Korea is driven by the need for consistent quality, long shelf life, and attractive pricing. As the market matures, businesses are focusing on technological advancements in production, such as improved freezing techniques and better packaging solutions to ensure freshness and extend the shelf life of products. Moreover, there is a growing emphasis on sustainability, with companies seeking eco-friendly packaging and sourcing practices to meet both consumer and regulatory expectations.
For South Korean manufacturers, the ability to adapt to the evolving demand for quick-frozen surimi products is crucial. This includes responding to consumer preferences for healthier, more natural ingredients and offering products with fewer preservatives. The increased focus on international trade also opens new avenues for growth, as countries in Asia and beyond look to South Korea for high-quality, affordable surimi-based offerings. As the market continues to expand, there will be more competition among local and international brands vying for consumer attention in an increasingly crowded market.
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Viciunai Group
Trans-Ocean Products
Seaprimexco Vietnam
Thong Siek Global
Gadre Marine
Ocean More Foods Co.
Ltd.
APITOON
Luck Union Foods
Sugiyo
Aquamar
Fujimitsu
Shining Ocean
Russian Fishery Company
Fleury Michon
Coraya
Saint Malo
Capitaine Cook
Nueva Pescanova
Angulas Aguinaga
Maheso
Fideco
Conservas Dani
Haixin
Anjoyfood
Huifafood
Haibawang
Longsheng
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Quick-frozen Surimi Products Market
Fixed IP Cameras
PTZ (Pan-Tilt-Zoom) IP Cameras
Fisheye IP Cameras
Thermal IP Cameras
Residential
Commercial
Industrial
Government
Transportation
Wired IP Cameras
Wireless IP Cameras
Wi-Fi
Ethernet
Bluetooth
Zigbee
Motion Detection
Night Vision
Two-way Audio
High-definition (HD) Resolution
Cloud Storage Support
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Quick-frozen Surimi Products Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Quick-frozen Surimi Products Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Quick-frozen Surimi Products Market, By Type
6. South Korea Quick-frozen Surimi Products Market, By Application
7. South Korea Quick-frozen Surimi Products Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Quick-frozen Surimi Products Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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