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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