Industrial Processed Seafood Market size is estimated to be USD 30.5 Billion in 2024 and is expected to reach USD 45.9 Billion by 2033 at a CAGR of 5.1% from 2026 to 2033.
The Industrial Processed Seafood Market in South Korea is undergoing significant transformation, driven by evolving consumer preferences, technological advancements, and stringent regulatory frameworks. As of 2025, the market is valued at approximately $15.33 billion, with projections indicating a steady annual growth rate of 4.10% through 2029. This growth is fueled by a combination of domestic consumption and robust export activities.
Key categories within the market include:
Frozen Seafood: Dominates the processed segment due to its extended shelf life and convenience. Products like fillets, prawns, and squid are particularly popular among consumers.
Canned & Shelf-Stable Seafood: Maintains a strong presence, especially in urban areas where quick meal solutions are in demand.
Ready-to-Eat (RTE) and Ready-to-Cook (RTC) Products: Witnessing increased demand, aligning with the fast-paced lifestyles of modern consumers.
Industry requirements are shaped by several factors:
Technological Integration: Adoption of automation and digital monitoring systems to enhance production efficiency and ensure product quality.
Regulatory Compliance: Adherence to strict safety and quality standards, including regular inspections and certifications, to maintain consumer trust and facilitate international trade.
Sustainability Practices: Emphasis on responsible sourcing and environmental conservation, with initiatives like the adoption of Best Aquaculture Practices (BAP) and eco-labeling programs.
Major players such as Dongwon Industries, CJ CheilJedang, and Sajo Daerim Corporation are leading the market, leveraging extensive distribution networks and advanced processing facilities to meet both domestic and international demand.
From a personal perspective, the shift towards sustainable and convenient seafood options is evident in daily consumer choices. The availability of diverse processed seafood products in local markets reflects the industry's responsiveness to changing dietary habits and environmental concerns. The focus on innovation and quality assurance ensures that consumers have access to safe, nutritious, and environmentally friendly seafood options.
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Thai Union Frozen Products
Maruha Nichiro Corporation
Mowi
Nippon Suisan Kaisha
Trident Seafood
Kyokuyo Co. Ltd
Nomad Foods
Nueva Pescanova
Cermaq
Austevoll Seafood ASA
High Liner Foods
Guolian Aquatic Products
JOYVIO FOOD
Grieg Seafood
Zhejiang Ocean Family
Zhejiang Xingye
Liaoyu
Zoneco Group
Shandong Homey
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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 Industrial Processed Seafood Market
Frozen Seafood
Canned Seafood
Smoked Seafood
Dried Seafood
Ready-to-Cook Seafood
Surimi Products
Retail Sector
Foodservice Sector
Food Processing Industry
Agriculture and Aquaculture
Salmon
Tuna
Cod
Haddock
Fish
Haddock
Shellfish
Mollusks
Direct Sales
Wholesalers/Distributors
Online Sales
Retail Stores
Foodservice Suppliers
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Industrial Processed Seafood 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 Industrial Processed Seafood Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Industrial Processed Seafood Market, By Type
6. South Korea Industrial Processed Seafood Market, By Application
7. South Korea Industrial Processed Seafood Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Industrial Processed Seafood Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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