Global Processed Seafood & Processing Equipment Market is expected to reach USD 2.32 Billion by 2024, witnessing growth at a CAGR of over 5%, in value terms owing to the increasing demand for processed sea-food coupled with the rising health-consciousness among consumers to consume healthy and protein rich diet. Moreover, the changing consumer preference towards sea-food due to globalization, growing middleclass and increasing disposable incomes will propel the growth of the in the next five years. Based on the type of food, the processed fish segment is expected to hold the largest market share by 2024 due to easy availability of wide species of fish and growing consumer preference of eating a protein rich diet. Europe & CIS is anticipated to grow at the highest CAGR during the forecast period, followed by North-America, due to high demand of processed seafood in the constituent countries as the consumer preference is shifting towards eating high protein fishes like salmon etc.
Years considered for this report
Historical Year 2014 - 2017
Base Year 2018
Estimated 2019
Forecast 2020 - 2024
Objective of the Study
- To analyse and forecast the market size of Global Processed Seafood & Processing Equipment Market, in terms of value.
- To classify and forecast Global Processed Seafood & Processing Equipment based on food type, equipment, product and regional distribution.
- To identify drivers and challenges for Global Processed Seafood & Processing Equipment Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Processed Seafood & Processing Equipment Market.
- To conduct the pricing analysis for Global Processed Seafood & Processing Equipment Market.
- To identify and analyse the profile of leading manufacturers in the Global Processed Seafood & Processing Equipment Market.
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Some of the leading players in the Global Processed Seafood & Processing Equipment Market are High Liner Foods Inc., Iglo Group Ltd., Marine Harvest Asa, Grupo Pescanova, Thai Union Frozen Products Plc, GEA Group, JBT Corporation, Marel Group, Middleby Corporation etc.
Market Insights Research
Market Insights Research calculated the market size of Global
- Processed Seafood & Processing Equipment Manufacturers
- Dealers, Distributors and Suppliers
- Regulatory organizations.
- Raw material suppliers and distributors.
- Research organizations and consulting companies.
- Market research and consulting firms.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.