This report studies the Processed Seafood & Seafood Processing Equipment market status and outlook of global and major regions, from angles of manufacturers, regions, product types and end industries; this report analyzes the top manufacturers in global and major regions, and splits the Processed Seafood & Seafood Processing Equipment market by product type and applications/end industries.
Trend
In the coming years there is an increasing demand for processed seafood and seafood processing equipment in the regions of North America and Europe that is expected to drive the market for more advanced seafood processing equipment. Increasing of personal expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of processed seafood and seafood processing equipment of APAC will drive growth of the market.
Processed Seafood
The consumption volume of processed seafood is related to downstream industries and eating habits. As there will always be some uncertain in the eating habits in the following years, the growth rate of processed seafood industry may not keep that fast. But it is surely forecasted that the market of processed seafood is still promising.
Price
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
Cost
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.
Forecast
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the processed seafood and seafood processing equipment market to approach these areas. We analysis of the processed seafood and seafood processing equipment market indicated that Europe would account for the highest sales in 2023 with close to 31 percent of global sales value coming from this region, but Asia and North America has higher growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
Although the market competition of processed seafood and seafood processing equipment is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of processed seafood and seafood processing equipment and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
Trend
In the coming years there is an increasing demand for processed seafood and seafood processing equipment in the regions of North America and Europe that is expected to drive the market for more advanced seafood processing equipment. Increasing of personal expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of processed seafood and seafood processing equipment of APAC will drive growth of the market.
Processed Seafood
The consumption volume of processed seafood is related to downstream industries and eating habits. As there will always be some uncertain in the eating habits in the following years, the growth rate of processed seafood industry may not keep that fast. But it is surely forecasted that the market of processed seafood is still promising.
Price
The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.
Cost
The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.
Forecast
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the processed seafood and seafood processing equipment market to approach these areas. We analysis of the processed seafood and seafood processing equipment market indicated that Europe would account for the highest sales in 2023 with close to 31 percent of global sales value coming from this region, but Asia and North America has higher growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
Although the market competition of processed seafood and seafood processing equipment is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of processed seafood and seafood processing equipment and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
Market Analysis and Insights: Global Processed Seafood and Seafood Processing Equipment Market
The global Processed Seafood and Seafood Processing Equipment market is valued at US$ 52140 million in 2019. The market size will reach US$ 70720 million by the end of 2026, growing at a CAGR of 4.4% during 2021-2026.
Global Processed Seafood and Seafood Processing Equipment Scope and Segment
Processed Seafood and Seafood Processing Equipment market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Processed Seafood and Seafood Processing Equipment market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.
Segment by Type
Frozen Seafood
Smoked Seafood
Canned Seafood
Dried Seafood
Surimi Seafood
Others
Segment by Application
Crustaceans Processing Equipment
Fish Processing Equipment
Molluscs Processing Equipment
Others
By Company
Marine Harvest
Thai Union Frozen Products
Maruha Nichiro Corporation
Nippon Suisan Kaisha
Kyokuyo
Trident seafood
Nueva Pescanova
High Liner Foods
Cermaq
Nomad Foods
Grieg Seafood
Austevoll Seafood
Guolian Aquatic Products
Zoneco Group
Marel
GEA
JBT
BAADER
Skaginn 3X
Haarslev
Handtmann
Middleby
Laitram Machinery
Production by Region
North America
Europe
China
Japan
South Korea
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Summary:
Get latest Market Research Reports on Processed Seafood and Seafood Processing Equipment. Industry analysis & Market Report on Processed Seafood and Seafood Processing Equipment is a syndicated market report, published as Global Processed Seafood and Seafood Processing Equipment Market Insights and Forecast to 2027. It is complete Research Study and Industry Analysis of Processed Seafood and Seafood Processing Equipment market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.