1. Market Research
  2. > Seafood Market Trends
Processed Seafood & Seafood Processing Equipment Market by Type, Equipment Type, End Product, Seafood Type, Region -Global Forecast to 2023

Processed Seafood & Seafood Processing Equipment Market by Type, Equipment Type, End Product, Seafood Type, Region -Global Forecast to 2023

  • April 2019
  • 219 pages
  • ID: 5773284
  • Format: PDF
  • By MarketsandMarkets

Summary

Table of Contents

Search Inside

Growth in the aquaculture industry and an increased seafood trade are projected to drive the overall growth of the processed seafood & seafood processing equipment market.

The global seafood processing equipment market size is projected to grow from USD 1.4 billion in 2018 to USD 1.9 billion by 2023, at a CAGR of 5.6% during the forecast period. The global processed seafood market size is projected to grow from USD 207.6 billion in 2018 to USD 267.3 billion by 2023, at a CAGR of 5.2% during the forecast period. The processed seafood & seafood processing equipment market is driven by factors such as growth in the aquaculture industry, the rise in seafood trade, increased consumption of processed seafood products, and increased health consciousness among consumers. However, the requirement of capital investment, along with a low replacement frequency of these equipment is projected to hinder the growth of the market.

The fish segment is estimated to dominate the processed seafood market in 2018.
The fish segment is estimated to account for the largest share in 2018, in terms of value.The market for processed fish is estimated to dominate the processed seafood market in 2018.

The initial phases of fish processing include washing, degutting, salting, fermentation, drying, and smoking.These processes further contribute to the development and changes in the flavor, texture, and color of processed seafood products, and improve its storage characteristics.

The increasing demand for processed seafood products is projected to further encourage innovations in the processing of fish products.

The slaughtering equipment segment is projected to account for the larger market share during the forecast period for the seafood processing equipment market.
The slaughtering equipment segment is estimated to dominate the seafood processing equipment market in 2018.The smoking, curing, & filling segment is projected to be the fastest-growing segment in the market during the forecast period.

The increasing demand for processed seafood products and the growing adoption of automated processing equipment have driven the growth of the seafood slaughtering equipment market.

The Asia Pacific is projected to be the fastest-growing region in the processed seafood market.
The Asia Pacific market accounted for the largest share in 2017.The market in this region is mainly driven by the growth in the China and Vietnam markets.

The market in this region is driven by high production levels of seafood in the region, which leads to an increased demand for seafood and encourages exports and consumption, resulting in the increased growth potential for processed seafood products. Furthermore, South East Asian countries are also the major consumers of exotic seafood products such as urchins and turtles, which makes them substantial shareholders in the market.

In-depth interviews were conducted with chief executive officers (CEOs), marketing directors, processed seafood manufacturers, and executives from various key organizations operating in the seafood processing equipment market.
• By Company Type: Tier 1: 30%, Tier 2: 30%, and Tier 3: 40%
• By Designation: C-level: 20%, D-level: 30%, and Managers: 50%
• By Region: North America: 15%, Europe: 15%, Asia Pacific: 30%, South America: 20%, and RoW: 20%

The processed seafood market comprises major manufacturers such as the Middleby Corporation (US), GEA Group Aktiengesellschaft (Germany), John Bean Technologies Corporation (US), Marel hf. (Iceland), the BAADER-Group (Germany), Uni-Food Technic A/S (Denmark), Skaginn 3X (Iceland), Arenco AB (Denmark), Zhengda Food Machinery Co. Ltd (China), and KROMA A/S (Denmark). The seafood processing equipment market comprises major manufacturers such as Charoen Pokphand Foods Plc. (Thailand), Maruha Nichiro Corporation (Japan), Nippon Suisan Kaisha, Ltd. (Japan), Thai Union Frozen Products Public Company Limited (Thailand), Mowi ASA (Norway), Leroy Seafood Group ASA (Norway), Nueva Pescanova Group (Spain), High Liner Foods Inc (Canada), Royal Greenland A/S (Denmark), and Clearwater Seafoods Incorporated (Canada). The study includes an in-depth competitive analysis of these key players in the food diagnostics market, with their company profiles, recent developments, and the key market strategies.

Research Coverage
The study covers the processed seafood & seafood processing equipment market across segments.It aims at estimating the market size and growth potential across different segments such as type, seafood type, equipment type, end-product, and region.

The study also includes an in-depth competitive analysis of the key players in the market; along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall processed seafood & seafood processing equipment market and subsegments.This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies.

The report will also help the stakeholders to understand the pulse of the market and will provide them with information on key market drivers, restraints, challenges, and opportunities.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Veronica helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Global Seafood Processing Equipment Market Analysis & Trends - Industry Forecast to 2027

Global Seafood Processing Equipment Market Analysis & Trends - Industry Forecast to 2027

  • $ 4200
  • March 2019

The Global Seafood Processing Equipment Market is poised to grow strong during the forecast period 2017 to 2027.Some of the prominent trends that the market includes are increasing adoption of seafood ...

Seafood Preparation in the US - Industry Market Research Report

Seafood Preparation in the US - Industry Market Research Report

  • $ 1090
  • April 2019

Big fish: Domestic demand for seafood is expected to rise as disposable income grows AbstractSeafood Preparation in the USThough the Seafood Preparation industry has grown over the five years to 2019, ...

Fresh Meat and Seafood Industry Forecasts - China Focus

Fresh Meat and Seafood Industry Forecasts - China Focus

  • $ 1800
  • May 2019

This study focuses on China’s Fresh Meat and Seafood industry forecasts.In the two past decades, the industry has been growing at a fast pace. The dramatic expansions of the manufacturing capabilities ...


ref:plp2019

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on