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European Frozen Seafood Market Research Report:
The latest report by IMARC, titled “ European Frozen Seafood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 20 23-2028
” the European frozen seafood market reached a value of US$ 24.3 Billion in 2022. The European continent is intricately linked with the sea and seafood products form a quintessential part of the regional cuisine. These products serve as a rich source of proteins, micronutrients and essential fatty acids, and are low in fat. They are known to promote heart health, ease the symptoms of arthritis, maintain healthy eyesight, and preserve skin moisture, along with offering innumerable other health benefits. As these products are highly perishable, they require freezing for extending their shelf-life. The freezing process employs advanced techniques like cryofreezing to freeze the products below 200 degree celsius. This helps in sealing the flavor and nutrients in the food products for an extended period.
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European Frozen Seafood Market Trends :
Owing to busy schedules and hectic lifestyle, the demand for convenience foods has experienced an increase across the European continent. This represents the key factor driving the market of frozen seafood in the region. Rich in proteins and essential nutrients, frozen seafood serve as the best alternative to red meat for meeting the daily protein requirements. It is, therefore, gaining rapid popularity among the health-conscious consumers who are seeking healthy sources of protein amidst a hectic schedule. Besides this, their non-perishable nature coupled with the presence of several cold storage services across the region aid in the continual growth of the market. Additionally, a thriving aquaculture industry also contributes to the market growth. Owing to the aforementioned factors, the European frozen seafood market size is expected to reach US$ 29.1 Billion by 2028, expanding at a CAGR of 3.07% during 2023-2028.
Looking forward, the market value is projected to reach a strong growth during the forecast period (2023-2028).
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Market Summary:
Breakup by Product Type:
• Groundfish
• Small Pelagics
• Tuna and Tuna likeSpecies
• Salmonids
• Bivalvesand OtherMolluscs, and AquaticInvertebrates
• Crustaceans
• Other Marine Fish
• Cephalapods
• FreshwaterFish
• Others
Breakup by Distribution Channel:
• Discount Retailers
• Supermarketsand Hypermarkets
• Specialty Stores
• Others
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Countries Insights:
• Poland
• Spain
• Italy
• Portugal
• Germany
• United Kingdom
• France
• Others
Note: We are updating our reports, If you want latest primary and secondary data (2023-2028) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report.
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Competitive Landscape with Key Players:
• Thecompetitivelandscapeof themarket hasbeen analyzed in thereport along with the detailed profiles of themajor playersoperating in theindustry.
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