DUBLIN–()–The “North America Frozen Seafood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering.

The North America frozen seafood market size reached US$ 14.0 Billion in 2021. Looking forward, the market to reach US$ 17.6 Billion by 2027, exhibiting a CAGR of 3.89% during 2021-2027.

Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Frozen seafood products are the products that are freezed in order to prevent the bacterial growth, preserve their taste and nutritional value, and enhance their overall shelf-life. Cryofreezing is the most popular technique used for the processing of a number of seafood products like shrimp, salmon, tuna, tilapia, etc. These products are rich in micronutrients, proteins, fatty acids that are essential for health and are currently being preferred over the canned and fresh seafood products across the region.

The increasing demand of convenience foods such as ready-to-eat (RTE) and ready-to-cook (RTC) products coupled with the increasing health consciousness among the consumers currently represent the major factors driving the frozen seafood products market in North America.

The RTE and RTC products reduce the preparation time and are gaining attention among the working population with busy and hectic lifestyles. The rising consumer awareness about the health benefits of seafood associated with eyes & heart health coupled with the lifestyle changes are also leading to an increased demand for such products.

Furthermore, the growing demand for frozen seafood as a thickening agent in various food-processing applications has also fueled the market growth. Other factors driving the industry include advancement in freezing technologies, technological innovations, better supply chain solutions, increasing premiumization of products, rising population, increasing urbanization, etc.

Key Questions Answered in This Report

  • What was the size of the North America frozen seafood market in 2021?
  • What is the expected growth rate of the North America frozen seafood market during 2022- 2027?
  • What are the key factors driving the North America frozen seafood market?
  • What has been the impact of COVID-19 on the North America frozen seafood market?
  • What is the breakup of the North America frozen seafood market based on the type?
  • What is the breakup of the North America frozen seafood market based on the distribution channel?
  • What is the breakup of the North America frozen seafood market based on the sector?
  • What are the key regions in the North America frozen seafood market?
  • Who are the key players/companies in the North America frozen seafood market?

Competitive Landscape:

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

Key Market Segmentation:

Breakup by Country: United States currently dominates the market, holding the largest share.

  • United States
  • Canada

Breakup by Type: Shrimp currently represent the largest segment.

  • Shrimp
  • Salmon
  • Tuna
  • Tilapia
  • Pangasius
  • Catfish
  • Others

Breakup by Distribution Channel: Supermarkets and Hypermarkets currently represent the leading segment.

  • Supermarkets and Hypermarkets
  • Speciality Retailers
  • Convenience Stores
  • Online
  • Others

Breakup by Sector:

  • Retail
  • Institutional

For more information about this report visit https://www.researchandmarkets.com/r/uuatfd

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