The "United States Surimi Products Market " is predicted to attain a valuation of USD xx.x billion in 2023, showing a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. Estimates place this value at USD xx.x billion by 2031.
Surimi products in the United States market are segmented by application into several key categories, reflecting diverse consumer preferences and culinary uses. One of the primary applications of surimi is in the production of imitation crab meat, a popular seafood substitute known for its versatility and affordability. Imitation crab meat finds extensive usage in sushi rolls, salads, and various seafood dishes, driving significant demand within the retail and foodservice sectors.
Another major application of surimi products is in the manufacturing of surimi-based sausages and other processed seafood items. These products are valued for their texture and flavor, resembling traditional meat sausages while offering a seafood alternative. Surimi sausages are consumed both as standalone products and as ingredients in dishes such as pasta and stir-fries. Download Sample:
The foodservice industry also utilizes surimi extensively in the production of surimi sticks and nuggets. These convenient snacks and appetizers are popular in restaurants, cafeterias, and as grab-and-go options in supermarkets. Surimi sticks are often served with dipping sauces or incorporated into bento boxes and lunch platters, catering to consumers seeking quick, protein-rich meal options.
Furthermore, surimi is employed in the creation of surimi-based salads and spreads, adding a seafood twist to traditional recipes. Surimi salads are favored for their creamy texture and seafood flavor, making them suitable for sandwiches, wraps, and as a topping for salads. The versatility of surimi in culinary applications contributes to its steady demand in both retail packaged foods and foodservice settings.
Lastly, surimi is increasingly used in the production of surimi seafood cakes and patties, which are marketed as convenient meal solutions for consumers looking for seafood options. These products are typically flavored with herbs and spices, offering a convenient way to enjoy seafood without the preparation time associated with fresh fish. The growing popularity of surimi seafood cakes reflects consumer trends towards convenient, ready-to-eat seafood products in the United States 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
Seapack
Ocean Food Company
Shining Ocean
Haixin
Anjoyfood
Huifafood
Haibawang
Longsheng
United States Surimi Products Market Market Analysis:
Among the important insights provided are market and segment sizes, competitive settings, current conditions, and emerging trends. Comprehensive cost analyses and supply chain evaluations are also included in the report.
Technological developments are predicted to boost product performance and promote broader adoption in a variety of downstream applications. Understanding market dynamics, which include opportunities, challenges, and drives, as well as consumer behavior, is also essential to understanding the United States Surimi Products Market environment.
The United States Surimi Products Market research report offers a thorough study of many market categories, such as application, type, and geography, using a methodical segmentation strategy. To meet the rigorous expectations of industry stakeholders, this approach provides readers with a thorough understanding of the driving forces and obstacles in each industry.
Frozen Surimi
Chilled/Fresh Surimi
Households
Hotels
Restaurants and Catering (HoReCa)
Others
The United States Surimi Products Market varies across regions due to differences in offshore exploration activities, regulatory frameworks, and investment climates.
Presence of mature offshore oil and gas fields driving demand for subsea manifolds systems.
Technological advancements and favorable government policies fostering market growth.
Challenges include regulatory scrutiny and environmental activism impacting project development.
Significant investments in offshore wind energy projects stimulating market growth.
Strategic alliances among key players to enhance market competitiveness.
Challenges include Brexit-related uncertainties and strict environmental regulations.
Rapidly growing energy demand driving offshore exploration and production activities.
Government initiatives to boost domestic oil and gas production supporting market expansion.
Challenges include geopolitical tensions and maritime boundary disputes impacting project execution.
Abundant offshore reserves in countries like Brazil offering significant market opportunities.
Partnerships between national oil companies and international players driving market growth.
Challenges include political instability and economic downturns affecting investment confidence.
Rich hydrocarbon reserves in the region attracting investments in subsea infrastructure.
Efforts to diversify economies by expanding offshore oil and gas production.
Challenges include security risks and geopolitical tensions impacting project development.
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1. Introduction of the United States 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. United States Surimi Products Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. United States Surimi Products Market , By Product
6. United States Surimi Products Market , By Application
7. United States Surimi Products Market , By Geography
North America
Europe
Asia Pacific
Rest of the World
8. United States Surimi Products Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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Surimi products are a type of seafood product made from white fish that has been deboned, minced, and washed to remove impurities.
The growing popularity of healthy and convenient food options, increasing consumer demand for seafood, and advancements in surimi product manufacturing technologies are the key factors driving the growth of the surimi products market.
The Asia-Pacific region, particularly countries like Japan, South Korea, and China, are expected to witness the highest growth in the surimi products market due to the increasing consumption of seafood and the presence of key market players in the region.
The most commonly used fish for making surimi products include Alaska Pollock, Pacific Whiting, and Threadfin Bream.
Surimi products are used in a variety of food products such as imitation crab meat, fish balls, fish sausages, and seafood salads.
The surimi products market faces challenges such as fluctuations in fish prices, concerns about sustainability and overfishing, and competition from other seafood products.
According to our latest research, the global surimi products market is estimated to be worth USD 2.5 billion.
The surimi-based seafood segment is expected to grow the fastest due to the increasing demand for healthy and sustainable seafood products.
The surimi products market is expected to grow at a CAGR of 5.6% from 2021 to 2026.
The leading companies in the surimi products market include Thai Union Group, Nippon Suisan Kaisha, Ltd. (Nissui), and Maruha Nichiro Corporation.
Key trends shaping the surimi products market include the development of surimi-based vegan and plant-based products, product innovation and diversification, and strategic partnerships and collaborations among market players.
Changing consumer preferences for healthy and sustainable seafood products are driving the demand for surimi products, especially in developed markets.
Regulatory standards and certifications relevant to the surimi products market include the Food and Drug Administration (FDA) standards, Hazard Analysis and Critical Control Points (HACCP) certification, and Aquaculture Stewardship Council (ASC) certification for responsible seafood sourcing.
The distribution channels for surimi products include supermarkets and hypermarkets, convenience stores, specialty seafood stores, online retail, and foodservice outlets such as restaurants and cafeterias.
The COVID-19 pandemic has led to disruptions in the supply chain, changes in consumer purchasing behavior, and fluctuations in raw material prices, impacting the surimi products market to some extent.
Opportunities for growth in the surimi products market include expanding into new geographic markets, developing innovative surimi-based products, and investing in sustainable and responsible fishing practices.
Key marketing strategies adopted by companies in the surimi products market include product launches, promotional campaigns highlighting the health benefits of surimi products, and partnerships with celebrity chefs and influencers to promote surimi-based recipes.
Environmental sustainability initiatives in the surimi products market include responsible sourcing of fish, reducing waste and bycatch, and investing in eco-friendly packaging and processing technologies.
Technological advancements such as improved fish processing technologies, automation in surimi production, and the use of advanced packaging and preservation methods are driving efficiency and quality improvements in the surimi products market.
Consumer demographics driving the demand for surimi products include health-conscious consumers, young urban professionals seeking convenience, and a growing middle-class population with increasing disposable income in emerging markets.
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