Seafood Manufacturing Market Forecast To Grow At A Higher Rate

Posted by ananth on January 31st, 2019

The Business Research Company’s seafood manufacturing global market report, covers the year-on-year growth of the global seafood manufacturing market historic and forecast growth. It also includes chapters on the seafood manufacturing market trends, geographical analysis, and competitive landscape.

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The seafood manufacturing market size is expected to reach a higher value by 2022, growing at a steady CAGR during the forecast period.

Seafood Manufacturing Market Trends

The seafood manufacturing market consists of sales of seafood by entities (organizations, sole traders and partnerships) that can seafood, smoke, salt and dry seafood, eviscerate fresh fish, shuck and pack fresh shellfish, process marine fats and oils and/or freeze seafood. Establishments known as floating factory ships that gather and process seafood into canned seafood products are also included in this industry. The companies in the industry package and distribute their products through various distribution channels to both individual customers and commercial establishments.

Fish processing establishments are using high pressure processing (HPP) technology to improve operational efficiency. HPP is a non-thermal technology in which the fish is submerged in a liquid placed in a pressure vessel and uses pressures of about 6000 times the average air pressure at sea level to pasteurize fish meat, as the major trends witnessed in the global seafood manufacturing market.

The global seafood manufacturing market is primarily driven by increase in population, rise in disposable income of consumers, and emerging markets growth.

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The global seafood manufacturing market report covers the following regions under the geographical analysis section: Asia Pacific, Western Europe, North America, Middle East, Africa, South America, and Eastern Europe. Major countries under each of these regions are also covered under the country analysis chapters.

With growth of high end and premium seafood, the global seafood manufacturing market is expected to increase in potential and scope. TBRC’s report also covers the seafood manufacturing drivers and restraints in the market.

The global seafood manufacturing market’s segment shares in each geographic region are mentioned in the report, along with the historic and forecast growth rates for each segment presented visually with supporting reasons to justify the growth rates.

The top companies included in the global seafood manufacturing market report are Grupo Pescanova, Marine Harvest ASA, Thai Union Frozen Products, Royal Greenland, and John Westfoods.

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