Frozen Seafood Market Report 2023

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GLOBAL FROZEN SEAFOOD MARKET REPORT 2023
Global,Regional,CountryAnalysis
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INTRODUCTION
Frozen seafood refers to seafood products that
have been preserved by freezing them at very low
temperatures, typically below -18 degrees Celsius
(0 degrees Fahrenheit). Freezing seafood helps to
extend its shelf life by slowing down or halting
the growth of microorganisms, enzymes, and
bacteria that can cause spoilage. Growth driven
due to growing adoption of frozen seafood to
reduce environmental impact and high demand for
ready-to-cook food with longer shelf life.
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KEY INSIGHTS
MARKET SIZE USD 50.8 billion
2022
CAGR 5.80
2023- 2030
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REVENUE MARKET SHARE BY SEGMENTS 2022

• Shrimps
• Crustaceans
• Shellfish
• Mollusc

By Product

• Supermarkets and Hypermarkets
• Convenience Stores
• Online Stores

Application Segment
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Global Frozen Seafood Market Revenue share for
2022
Asia Pacific USD 17.78 billion
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Technological Advancements in Freezing Techniques
to Propel Market Growth
Drivers
Environmental and Sustainability Concerns to
Restrict Market Growth
Restraints
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AUTHOR'S PERSPECTIVE

• The Global Frozen Seafood Market is witnessing
  significant growth in the near future.
• Molluscs, encompassing diverse species like
  clams, mussels, and octopuses, represent the
  fastest-growing category in the frozen seafood
  market.
• The convenience of ordering frozen seafood from
  the comfort of home, coupled with the expansion
  of online platforms and efficient delivery
  services, propels the growth of this category.
• he rising culinary exploration and demand for
  exotic seafood options contribute to the
  accelerated growth of frozen molluscs in the
  market.

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KEY PLAYERS
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