From Sea to Plate: Unveiling the Frozen Seafood Market's Delights

The market for frozen seafood is anticipated to be worth US$ 19,382.3 million by the end of 2023. It is set to expand at a CAGR of 6.8% between 2023 and 2033. By 2033, the market is projected to contribute a value of US$ 37,398.5 million.

The global consumption of fish has significantly expanded during the past few decades. As living standards rise in emerging nations like those in Latin America and the Asia-Pacific region, it is projected that fish consumption would increase. The millennial generation's growing understanding of the health benefits of seafood will also have an impact.

A significant nutritional component in many countries, especially in those with low protein diets, is protein from fish. Seafood is a substantial source of other critical nutrients in addition to protein. Fish and shellfish that are particularly high in zinc, selenium, and vitamin B1 include salmon, prawns, and clams.

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Seafood is the main source of omega-3 fatty acids, especially eicosapentaenoic acid (EPA) and docosahexaenoic acid (DHA). Seafood offers defence against a number of health problems due to its high nutritious content.

The notion that eating fish is healthful has increased seafood consumption, and rising output is expected as a result. It would be beneficial to reduce waste and increase utilisation as well as distribution methods.

In locations where fresh seafood is more difficult to find, frozen seafood is more prevalent because it can be stored for a long period. This suggests that even those who live far from the coast or in an area with few transportation options can enjoy seafood all year round. Additionally, frozen seafood is simpler to transport than fresh seafood, which can be highly delicate and require special treatment.

Key Takeaways from Frozen Seafood Market Study

The global frozen seafood industry expanded at a CAGR of 4.9% from 2018 to 2022.
The USA frozen seafood industry is anticipated to reach a valuation of US$ 9,217.8 million by 2033.
A CAGR of 6.4% is expected from India’s frozen seafood industry from 2023 to 2033.
Competitive Landscape: Frozen Seafood Market

As the need for novel formulations from the food & beverage industry increases, leading frozen seafood manufacturers are concentrating on products delivering a wide range of health advantages. Consumption of frozen fish has grown over time among all populations.

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Frozen Seafood Market Outlook by Category

By Product Type:

Tuna
Rainbow Trout
Sardines
Mackerel
Herrings
Salmon
Shrimp
Crab
Lobster
Krill
By Nature:

Organic
Conventional

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