Market Overview

The Global Frozen Seafood Market was valued at USD 90,710.0 million in 2023 and is expected to reach USD 141,336.8 million by 2031 while growing at a CAGR of 5.7% during the forecast period (2024-2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyse various driving and restraining factors that are expected to have a significant impact on the global frozen seafood market growth. Frozen seafood, including fish, shrimp, crab, and shellfish, is harvested from the ocean or farmed, then quickly frozen to maintain freshness, texture, and nutritional value, thereby extending its shelf life.

The frozen seafood market is growing due to advancements in freezing technologies and increased awareness of seafood's health benefits. Yet, environmental concerns and supply chain disruptions pose challenges to its further expansion.

Furthermore, the global frozen seafood market industry will be analysed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Product Analysis

The Global Frozen Seafood Market is segmented among Frozen Fish, Frozen Crustaceans, Frozen Mollusks, and Others, based on Products. In 2023, Frozen Fish accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By Type Analysis

The Global Frozen Seafood Market is segmented among Raw Frozen Seafood, Pre-Cooked Seafood, and Ready to eat Seafood, based on Type. In 2023, Raw Frozen Seafood accounted for the majority of the market share*.

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Frozen Seafood Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Europe dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).

*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are Sirena Group A/S, Sykes Seafood, Nueva Pescanova, S.L., Beaver Street Fisheries Inc., High Liner Foods Incorporated, Leroy Seafood Group ASA, Maruha Nichiro Corporation, Thai Union Group Public Company Limited, Pacific Seafood Group, and Mazzetta Company, LLC

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Frozen Seafood Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Frozen Seafood Market Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Frozen Seafood Market Segmentation, By Type

• Global Frozen Seafood Market Share Analysis, By Type

• Global Frozen Seafood Market Growth Analysis, By Type

• Global Frozen Seafood Market Trends, By Type

o Frozen Fish

o Frozen Crustaceans

o Frozen Mollusks

o Others

6. Global Frozen Seafood Market Segmentation, By Form

• Global Frozen Seafood Market Share Analysis, By Form

• Global Frozen Seafood Market Growth Analysis, By Form

• Global Frozen Seafood Market Trends, By Form

o Raw Frozen Seafood

o Pre-Cooked Seafood

o Ready to eat Seafood

7. Global Frozen Seafood Market Segmentation, By Distribution Channel

• Global Frozen Seafood Market Share Analysis, By Distribution Channel

• Global Frozen Seafood Market Growth Analysis, By Distribution Channel

• Global Frozen Seafood Market Trends, By Distribution Channel

o Supermarkets/Hypermarkets

o Departmental Stores

o B2B

o Online Sales Channel

8. Global Frozen Seafood Market Segmentation, By Region

• Global Frozen Seafood Market Share Analysis, By Region

• Global Frozen Seafood Market Growth Analysis, By Region

• Global Frozen Seafood Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

9. Competitive Landscape

• Sirena Group A/S*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Sykes Seafood

• Nueva Pescanova, S.L.

• Beaver Street Fisheries Inc.

• High Liner Foods Incorporated

• Leroy Seafood Group ASA

• Maruha Nichiro Corporation

• Thai Union Group Public Company Limited

• Pacific Seafood Group

• Mazzetta Company, LLC

*Similar analysis will be provided for each company listed above.