The global frozen sea food market has witnessed continued demand during the last few years. Market Research Future, a firm which specializes in market reports related to the Food, Beverages & Nutrition sector among others, recently forecasted in its report on global frozen sea food Market Research Report- Forecast to 2023 that the market will demonstrate an exceptional CAGR % while achieving million dollar growth readily in the forecast period.
Technological innovation is one of the major factors in
measuring growth of frozen sea food market. Advancement in freezing
technologies, innovative refrigerator displays in supermarkets, and better and
faster supply chain solutions have resulted in increasing demand of frozen sea
food. Regions with cold climates had been relying on natural food freezing such
as using winter frosts to prepare frozen seafood whereas regions with temperate
climates where preservation of ice and snow was difficult, such regions had adopted
artificial cooling methods. Over the decades, freezing techniques had improved
and had become efficient and more cost-effective. Use of mechanical freezers,
cryogenic or (flash freezing) of food, and other technologies have developed
and used by key industrial players all over the world.
Latest Industry Updates
Sep 2017 Clearwater Seafoods launched a flagship store to
increase the sales of Frozen Sea Food products through online platform.
May 2017 Grupo Nueva Pescanova invested €42.5 million to renew
its fleet in Africa which will aid the overall production of seafood.
May 2017 High Liner Foods acquired Rubicon Resources, LLC. The
acquisition will aid the company to augment the product portfolio in shrimp
which are experiencing a massive growth in the North America region.
Mar 2017 Clearwater Seafoods numerous wild-caught shellfish
formats to meet growing demand.
Global Frozen Sea Food Market - Competitive
Analysis
Market players in frozen sea food market are emphasizing in
the merger & acquisition activities in order to upsurge the product
portfolio of the company. Also, the manufacturers are also investing in the
frozen sea food processing plant to increase the product portfolio. The
strategic sales plan of frozen sea food manufacturers include use of online
channels for marketing. For that, key manufacturers are entering into a
collaboration with the online channels in order to reach maximum customers and
also to upsurge the brand value of the product. Key players are penetrating
into the untapped market to increase the overall profitability. Key industrial
players create and run awareness campaign to educate consumers and drive them
to make a rational choice.
The key players profiled in Frozen Sea Food are AquaChile
(Switzerland), Clearwater Seafood (Canada), High Liner Foods. (Canada), Iglo
Group (U.K.), Leroy Seafood (Norway), Marine Harvest (Norway), and Austevoll
Seafood (Norway) among many others.
Global Frozen Sea Food Market – Segments
Global Frozen Sea Food market has been divided into type, end
user, distribution channel, and Region
On the Basis of Type: Fish, shrimp, squid, crab, lobster, and
others
On the Basis of End User: Food service, retail customers
On the Basis of Distribution Channel: Super markets &
hyper markets, specialty retailers, convenience stores, independent stores, and
E-Commerce channel
On the Basis of Region: North America, Europe, Asia Pacific,
and Rest of the World
Complete Report Details @ https://www.marketresearchfuture.com/reports/frozen-sea-food-market-2708
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