Market Research Future (Food and Beverages) Frozen Sea Food Market Size, Share, Growth | Page 3

Global Frozen Sea Food Market Research Report-Forecast to 2023
2 Market Overview
Frozen Sea Food Market is estimated to grow at the CAGR of 4.40%. Frozen sea food is nothing but, a process so
as to extend shelf life of sea food. The sea food is conserved by a freezing it by several methods, frozen Sea foods
are of various types such as fish, shrimp, squid, crab, lobster and others. The food industry is observing a substantial
growth over the last decade. Frozen food has high demand from various consumer class hence this factor is
supporting the growth of frozen sea food. The significant factor driving the growth of the frozen sea food market is
the increasing demand for high protein food among the consumer. Fish and shellfish contain high quality protein and
other essential nutrients and are an important part of a healthy diet. The frozen sea food is anticipated to witness a
substantial growth in the upcoming decade due to globalization, which has supported the growth of frozen seafood
market.
In addition, rising growth of organized retail industry is also anticipated to be one of the important factor for increasing
growth of frozen sea food market during the forecasted period. Food service industry is witnessing a healthy growth
over the couple of years both in developed and developing economies which in turn offers a lucrative opportunity in
the frozen sea food market over the forecast period. Generally, food service companies purchase the product in a
bulk quantity which is positively influencing the demand of frozen sea food.
Key Findings:
 Europe dominates the frozen sea food market followed by North America
 Asia-Pacific is the fastest growing region in the frozen sea food market. India and China has shown huge
potentials for Frozen Sea Food Market
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