Processed Seafood & Seafood Processing Equipment Market size is estimated to be USD XX Billion in 2024 and is expected to reach USD YY Billion by 2033 at a CAGR of ZZ% from 2026 to 2033.
The global Processed Seafood & Seafood Processing Equipment Market was valued at USD 25.4 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2030. The market growth is driven by increasing consumer demand for ready to eat and convenient seafood products, along with advancements in processing technologies. As a result, there has been an uptick in the adoption of automated processing equipment to meet production efficiency and food safety standards across the globe. North America and Europe are major regions contributing to the markets growth, with North America accounting for a market share of 32% in 2022. Europe closely follows with a 30% share, driven by consumer preference for premium processed seafood products and sustainability efforts in the food sector.
In terms of regional opportunities, the Asia Pacific region is expected to witness the highest growth rate during the forecast period, with an estimated CAGR of 6.1% from 2023 to 2030. This growth is primarily attributed to the rising consumption of processed seafood in countries like Japan, China, and India, coupled with the rapid development of seafood processing infrastructure in these regions. The market in Latin America and the Middle East & Africa regions is also gaining momentum, supported by improving economic conditions and growing export opportunities. The expansion of cold chain logistics in these areas is expected to further boost the demand for both processed seafood products and processing equipment.
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Marine Harvest
Thai Union Frozen Products
Maruha Nichiro Corporation
Nippon Suisan Kaisha
Kyokuyo
Trident seafood
Nueva Pescanova
High Liner Foods
Cermaq
Nomad Foods
Grieg Seafood
Austevoll Seafood
Guolian Aquatic Products
Zoneco Group
Marel
GEA
JBT
BAADER
Skaginn 3X
Haarslev
Handtmann
Middleby
Laitram Machinery
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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. 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 Global Processed Seafood & Seafood Processing Equipment Market
Fresh Seafood
Frozen Seafood
Canned Seafood
Smoked Seafood
Dried Seafood
Marinated Seafood
Salmon
Tuna
Cod
Sardines
Filleting
Freezing
Canning
Drying
Smoking
Cooking
Retail
Food Service
Aquaculture
Catering Services
Processed Food Manufacturers
Online Retailers
Supermarkets and Hypermarkets
Specialty Seafood Stores
Wholesale Distributors
Direct Sales
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Processed Seafood & Seafood Processing Equipment 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. Global Processed Seafood & Seafood Processing Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Processed Seafood & Seafood Processing Equipment Market, By Type
6. Global Processed Seafood & Seafood Processing Equipment Market, By Application
7. Global Processed Seafood & Seafood Processing Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Processed Seafood & Seafood Processing Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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