According to IMARC Group’s latest report, titled “North America Frozen Seafood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the North America frozen seafood market reached a value of US$ 13.4 Billion in 2020. 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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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. Looking forward, IMARC Group expects the market to reach a value of US$ 16.1 Billion by 2026.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Competitive Landscape:
- Leroy Seafood
- High Liner Foods
- Marine Harvest
- Iglo Group
- Austevoll Seafood
- Fishery Products International
Key Market Segmentation:
Breakup by Country
- United States
- Canada
Breakup by Type
- Shrimp
- Salmon
- Tuna
- Tilapia
- Pangasius
- Catfish
- Others
Breakup by Distribution Channel
- Supermarkets and Hypermarkets
- Speciality Retailers
- Convenience Stores
- Online
- Others
Breakup by Sector
- Retail
- Institutional
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- 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.
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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.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
