A
recent report on the global processed seafood market by Transparency
Market Research (TMR) offers an all-inclusive assessment of this
market considering its past and current performance. The report,
titled “Processed
Seafood Market - Global Industry Analysis, Size, Share,
Growth, Trends, and Forecast 2017–2027,” emphasizes greatly on
the growth prospects of this market, taking the driving factors,
limitations, challenges, and opportunities in account.
The
global market for processed seafood has gained significantly from the
significant rise in raw seafood prices. Over the coming years, the
technological innovations in the processing of seafood is likely to
boost this market further. Apart from this, the rising trend of
urbanization and the increasing demand for healthy food products are
also projected to propel this market in the years to come, states the
research report.
In
this research study, the worldwide market for processed seafood has
been evaluated on the basis of the type of seafood, type of product,
technique, and the geography. Based on the sea food, the market has
been classified into fish, crabs, Shrimps, Roe, tuna, and molluscs.
By the product, the market has been categorized into frozen products,
fish meal, canned products, smoked products, dried products, surimi
products, and seasoning and additives products. In terms of
technique, the report has segmented this market into salting,
pickling, drying, cold storing, smoking, freezing, canning,
dehydration, curing, and cooking.
Geographically,
the worldwide processed seafood market has been divided into Latin
America, North America, Eastern Europe, Western Europe, the Middle
East and Africa, Asia Pacific excluding Japan (APEJ), and Japan in
this research study. According to report, Asia Pacific excluding
Japan has been leading the global market and is anticipated to
maintain its dominance throughout the period of the forecast. With
Europe, Japan, and the U.S. importing a large share of their seafood
intake from China, this region is anticipated to witness a high
growth rate over the next few years, notes the research study.
In
conclusion, the reports presets an exhaustive study of the
competitive landscape of the global market for processed seafood. It
also determines the market hierarchy by reviewing the company
profiles of the leading players on the basis of their current
performance and growth prospects. At the forefront of this market are
China National Fishery Corp. (CNFC), Universal seafood, Seaboard
corp., Austevoll Seafood ASA, Trident seafood, MARINE HARVEST ASA,
Aquachile, Tianjin Fishery Product Supplying & Marketing Co., The
Union Frozen Products Co. Ltd., Tropical general investments Nigeria
Ltd., and High Liner Foods, states the research report.
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