Global Frozen Sea Food Market Outlook (2018 to 2032)
Synopsis
The above chart is Global Frozen Sea Food Market Outlook (2018 to 2032)
Market Dynamics
the frozen sea food market is a rapidly developing innovation-driven sector, with advances in production technology, distribution systems and conservation leading to an increased variety of frozen sea food products in the market. with new take-home consumer demands, the frozen sea food market is poised to expand from 2018 to 2032 and beyond.
the global frozen sea food market outlook looks positive, with a focus on ease and convenience in the form of heat-and-eat meals, microwavable portions and “value-added” products. online and in-store aisles are seeing an uptick in pre-prepared, chilled and frozen seafood options, as well as meal kits with freshly-shucked shellfish, sustainably-sourced seafood and ready-to-cook fish meals. further, brands such as source fisheries are introducing salmon, prawns and tuna into ready-to-eat meals that are being sold in supermarket delicatessens.
in addition to retail outlets, restaurant chains are introducing health-focused seafood dishes onto their menus. the global seafood market report 2018/19 revealed a 14.4% increase in frozen seafood products consumed at restaurants in 2017/18, an increase driven by healthy eating trends and growing consumer preference for sustainably-sourced seafood. with on-the-go consumption patterns continuing to rise, the frozen seafood market is expected to benefit from demand for convenience among restaurant operators.
with demographics shifting and knowledge of seafood products increasing among the global population, improved packaging and delivery systems are expanding the frozen seafood market to incorporate a host of specialty seafood products into its range. freeze-dried and smoked varieties of oysters, flaked tuna and smoked mackerel in-pack are now readily available from retailers, as well as convenient ‘bowl’ meals that incorporate a variety of fish and seafood that can be cooked in minutes. further, with consumer desires for sustainable options in mind, companies are producing sustainably-farmed, seasonal and organic frozen sea food products.
overall, the frozen seafood market outlook is strong. leading seafood companies are continuing to introduce new products in response to changing consumer needs and preferences, and are taking steps to ensure that their products are sourced responsibly and sustainably. as scientific advances continue to lead to wider product selections, coupled with improvements in packaging, convenience, sustainability, and value-added services, the frozen sea food market is expected to continue to grow from 2018 to 2032.