At A CAGR Of Over 5%, Processed Seafood and Processing Equipment Market Is Expected To Reach USD 2.32 Billion By 2024

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

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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.


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.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of Processed Seafood & Processing Equipment manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the Processed Seafood & Processing Equipment manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the retailers, distribution channels and presence of all major Processed Seafood & Processing Equipment manufacturers across the globe.

TechSci Research calculated the market size of Global Processed Seafood & Processing Equipment Market using a bottom-up approach, where data for various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • 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.

Report Scope:

In this report, Global Processed Seafood & Processing Equipment Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Food Type:
    • Processed Crustaceans
    • Processed Fish
    • Processed Molluscs
    • Others
  • Market, By Equipment:
    • Slaughtering Equipment
    • Gutting Equipment
    • Scaling Equipment
    • Filleting Equipment
    • Deboning Equipment
    • Skinning Equipment
    • Smoking and Curing Equipment
    • Others
  • Market, By Product:
    • Frozen Seafood
    • Smoked Seafood
    • Canned Seafood
    • Dried Seafood
    • Surimi Seafood
    • Others
  • Market, by Region:
    • Asia Pacific

§  China

§  India 

§  Japan

§  South Korea

      • Australia
      • Singapore
      • Malaysia
    • Europe

§  France

§  Germany

§  United Kingdom

§  Italy

§  Spain

    • North America

§  United States

§  Mexico

§  Canada

    • South America

§  Brazil

§  Argentina

§  Colombia

    • Middle East and Africa

§  South Africa

§  Saudi Arabia

§  UAE

§  Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Processed Seafood & Processing Equipment Market segment.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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