(Food-Beverage-News.Com, May 26, 2016 ) The global population is growing and with it the demand for food, including seafood. According to the World Bank, by 2030, about 70% of the demand for fish and seafood will be from APAC. Therefore, to meet the demand for fish and seafood, the global production of fish and seafood needs to increase more than two-fold. The growth of the F&B industry, lifestyles changes, and increased demand for processed seafood drove the global frozen fish and seafood market in 2015.
Technavios analysts forecast the global frozen fish and seafood market to grow at a CAGR of 4.63% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the global frozen fish and seafood market for 2016-2020. To calculate the market size, the report considers the revenue generated through the retail sales of frozen fish and seafood sold through retail supermarkets and hypermarkets, independent retailers, and convenience stores.
The market is divided into the following segments based on geography: APAC Europe North America ROW
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Key vendors AquaChile High Liner Foods Iglo Group Lery Seafood Marine Harvest
Other prominent vendors Austevoll Seafood Lyons Seafoods Hansung Enterprise Surapon Foods Public Tassal Group Tri Marine International
Market driver Growing demand for frozen seafood For a full, detailed list, view our report
Market challenge Debate on nutritional value For a full, detailed list, view our report
Market trend Growing demand for frozen seafood For a full, detailed list, view our report
Key questions answered in this report What will the market size be in 2020 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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