Frozen Fish Market: Overview
Retailers are working harder to offer high-quality seafood at competitive prices because consumers have high criteria for the frozen fish and seafood they buy. Similar to this, customers desire to know the background of their seafood purchases and frequently think about the seafood’s origin and source. The majority of consumers are persuaded to purchase frozen fish & seafood goods with the term Alaska on them because people link fish from Alaska with freshness and excellent quality, according to Datassential, a market research firm in Chicago.
Due to food companies’ increased focus on providing healthy food options, the frozen fish and seafood market’s revenue is anticipated to rise throughout the projected period. For instance, the market leader in frozen food SeaPak Shrimp & Seafood Co. recently introduced SeaPak Shrimp Sea Pals, which the company claims has a high protein content per serving without the use of artificial preservatives or colours and is aimed at youngsters. Frozen fish and seafood sales are increasing, contributing to the market’s predicted US$70 billion revenue by the end of 2030.
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Companies that sell frozen fish and shellfish are expanding the range of kid-friendly foods they provide in order to take advantage of unexplored incremental potential. Children that consume fish at least once a week likely to have better sleep habits and high IQ (Intelligence Quotient) scores, according to numerous studies. As a result, parents are becoming more aware of the benefits of seafood and making educated decisions when buying frozen fish and seafood.
Surveys based on sensory science are verifying the taste of frozen fish and seafood products. Participants at the Seafood Expo North America 2019, held in Boston, for instance, talked about sensory science studies that revealed whether or not consumers can tell fresh fish from fresh frozen. Companies in the frozen fish and seafood industry are expanding their research and development (R&D) capacity in bioelectrical impedance analysis (BIA), a method that assesses fish freshness using electrical currents and provides details on cellular breakdown.
Global Frozen Fish Market: Major Players
Marine Harvest
Hansung Enterprise
Leroy Seafood Group
High Liner Foods
Tri Marine
Tassal
Austevoll Seafood
Nomad Foods Europe
Surapon Foods
Lyons Seafoods
Clearwater
AquaChile
Global Frozen Fish Market: Types
Mackerel
Skumbria fish
Others
Global Frozen Fish Market: Applications
Direct Consumption
Processing Consumption
Others
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Companies in the frozen fish and seafood industry are working harder to maintain the highest quality possible for their products in order to meet global food safety regulations. It has been discovered that fish that is not frozen degrades quickly and has a shorter shelf life. As a result, many consumers like frozen fish and seafood products. However, the notion that fresher is always preferable is being contested more and more in the market for frozen fish and shellfish.
Due to the freezing technique used to produce frozen seafood, the food products have a longer shelf life and are less likely to develop bacteria. By turning the remaining moisture in the frozen seafood products into ice and preventing the majority of the bacterial species found in food goods from growing, the freezing process lowers the rate of decomposition. Cryogenic, sometimes known as flash freezing, and mechanical techniques are used to produce frozen seafood items. Due to the existence of ultra-low liquid nitrogen, which has a temperature of -196 degrees Celsius, cryogenic freezing, the most common freezing technology, is used to freeze the frozen seafood products in the majority of cases.