North America Frozen Seafood Market to Reach US$ 17.6 Billion by 2027 | (CAGR) of 3.9%

SHERIDAN, UNITED STATES, November 21, 2022 /EINPresswire.com/ -- According to IMARC Group’s latest report, titled “North America Frozen Seafood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the North America frozen seafood market size reached US$ 14.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2027, exhibiting a growth rate (CAGR) of 3.9% during 2022-2027.

Industry Analysis:

Frozen seafood products are preserved for inhibiting the growth of bacteria in order to increase their shelf life, taste, and nutritional value. The seafood freezing technique includes two different approaches, namely, cryofreezing and carboxymethylcellulose. In cryofreezing, seafood items, such as salmon, tuna, shrimp, oysters, and tilapia, are kept in ultra-low liquid nitrogen for maintaining their quality. On the other hand, carboxymethylcellulose is used to curb the adulteration of seafood commodities.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Competitive Landscape:

Leroy Seafood
High Liner Foods
Marine Harvest
Iglo Group
Austevoll Seafood
Fishery Products International

Market Trends:

The rising consciousness amongst consumers regarding their health has led to the increasing demand for ready-to-cook (RTC) and ready-to-eat (RTE) food items, which is primarily driving the frozen seafood market in North America. Moreover, the widespread adoption of seafood products due to the presence of proteins, vitamins, and fatty acids is propelling the market growth. Furthermore, the rising inclination of consumers toward frozen food over canned products is expected to create a positive outlook for the market. 

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Key Market Segmentation:

Based On Country

United States
Canada

Based On Type

Shrimp
Salmon
Tuna
Tilapia
Pangasius
Catfish
Others

Based On Distribution Channel

Supermarkets and Hypermarkets
Speciality Retailers
Convenience Stores
Online
Others

Based On Sector

Retail
Institutional

Click here to view detailed information with table of content: https://www.imarcgroup.com/north-america-frozen-seafood-market

Key highlights of the report:

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

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