The Business Research Company’s Global Seafood Market report covers constraints, market size, key players and the impact of COVID-19 on the market.
LONDON, GREATER LONDON, United Kingdom, May 27, 2022 /EINPresswire.com/ — According to the “Seafood Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026” published by The Business Research Company, the size of the seafood market is expected to grow from $236.81 billion in 2021 to $262.81 billion in 2022 at a compound annual growth rate (CAGR) of 11.0%. The global seafood market size is expected to reach USD 387.75 billion in 2026 at a CAGR of 10.2%. Companies in this market are expected to benefit from the growing demand for food and beverage products, including the seafood manufacturing market, owing to the increase in population, over the forecast period.
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The seafood market includes seafood sales by entities (organizations, independent traders and partnerships) that produce canned seafood, smoked, salt and dried seafood, gut fresh fish , peel and package fresh shellfish, process marine fats and oils and/or frozen seafood. Establishments known as floating factory ships that collect and process seafood into canned seafood are also part of this industry. Companies in the industry package and distribute their products through various distribution channels to individual customers and commercial establishments.
Global Seafood Market Trends
Fish processing establishments use high pressure processing (HPP) technology to improve operational efficiency. HPP is a non-thermal technology in which fish is immersed in a liquid placed in a pressure vessel and uses pressures of approximately 6000 times the average atmospheric pressure at sea level to pasteurize fish meat. High pressure processing replaces the need to heat fish products and chemicals are used for fish preservation. It increases yield by 20-50% and saves processing time and costs. HPP effectively kills microbes and extends the shelf life of processed fish by 2-4 times, without affecting its freshness, flavor, color, texture and nutritional value.
Segments of the global seafood market
The global seafood market is segmented:
By type: Crustaceans, Fish, Others
By distribution channel: Supermarkets/Hypermarkets, Convenience stores, E-commerce, Others
By type of product: frozen, dried, smoked, canned, other
By Nature: Organic, Conventional
By Source: Marine, Inland
By geography: The global seafood market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia-Pacific accounts for the largest share.
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The Global Seafood Market Report 2022 is part of a series of new reports from The Business Research Company that provide global seafood market overviews, seafood market analysis and forecasts. Seafood market size and growth, Seafood market share, Global Seafood market segments and geographies, Global Seafood. Market players, revenue, profiles and market shares of top competitors in the global seafood market. The global seafood market report identifies key countries and segments for opportunities and strategies based on market trends. market and the approaches of the main competitors.
TBRC’s Global Seafood Market Report 2022 includes information on the following:
Data segmentation: market size, global, by region and country, historical and forecast, and growth rate for 60 geographies
Major Market Players: Mowi ASA, Thai Union Group PCL, Austevoll Seafood, Maruha Nichiro Corporation, Trident Seafoods Corporation., The Kraft Heinz Company, High Liner Foods, Young’s Seafood Ltd, Nichimo Co Ltd and Nichirei Corporation.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, United States, South America, Middle East and Africa.
Country: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
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The Business Research Company has published over 1,000 industry reports covering over 2,500 market segments and 60 geographies. The reports are based on 150,000 datasets, extensive secondary research and proprietary insights from interviews with industry leaders. Reports are updated with a detailed analysis of the impact of COVID-19 on various markets.
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