Processed Seafood & Seafood Processing Equipment Market To Reach USD 2.18 Billion By 2026
Market Summary: High demand for processed and canned seafood, continuous rise in population, increasing health concerns among the population, higher investments in research and development coupled with rising awareness regarding the benefits of these foods are the key factors resulting in high CAGR of the industry. Market Size – USD 1.4 Billion in 2018, Market Growth - CAGR of 5.7%, Market Trends – Product launches and research for advanced products and devices. According to the current analysis of Reports and Data, the global Processed Seafood & Seafood Processing Equipment market was valued at USD 1.4 Billion in 2018 and is expected to reach USD 2.18 Billion by the year 2026, at a CAGR of 5.7%. Seafood comprises of all bony fishes, mollusks and shellfishes. Millions of people across the globe depend on these as their primary nutrient source. Further key findings from the report suggest : • Around 50% of the fish caught in the U.S regions were from the Pacific Ocean within the Alaska region and consisted of Pacific cod, flounders, hake, ocean perch, Alaska pollock, and rockfishes. • According to the Seafood Health Facts organization, the total value of imported edible and nonedible fish products was USD 38.4 billion in 2017, an increase of USD 2.5 billion (7.0%) was observed as compared to the imports of 2016. www.reportsanddata.com
Key participants : Middleby Corporation (US), GEA Group (Germany), John Bean Technologies Corporation (US), The BAADER-Group (Germany), Grieg Seafood, Skaginn 3X (Iceland), Guolian Aquatic Products, Zhengda Food Machinery Co. Ltd (China), Marine Harvest and Thai Union Frozen Products. Segmentation: • Type (Revenue, USD Million; 2016–2026), Fish, Crustaceans, Mollusks, Others • Equipment Type (Revenue, USD Million; 2016–2026), Slaughtering, Gutting, Scaling, Filleting, Others • Product Type (Revenue, USD Million; 2016–2026), Frozen, Smoked, Canned, Dried, Others • End Use (Revenue, USD Million; 2016–2026), Hypermarkets, Supermarkets, Food Specialty Stores, Convenient Stores, Others
www.reportsanddata.com
Regional Outlook for Processed Seafood & Seafood Processing Equipment Market analyzes the following geographies ◦ North America (United States, Canada, and Mexico) ◦ Europe (Germany, France, UK, Russia, and Italy) ◦ Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) ◦ South America (Brazil, Argentina, Colombia, etc.) ◦ Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa
www.reportsanddata.com
The report emphasizes the following key questions: ◦ Q.1. What are the most lucrative and promising growth prospects for the market? ◦ Q.2. Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? ◦ Q.3. Which geographies are estimated to exhibit the highest growth and the underlying causes? ◦ Q.4. Which factors are impacting the future of the market and what are the driving factors? ◦ Q.5. What are the hurdles and challenges curtailing the industry’s growth in the forecast period?
www.reportsanddata.com
About Us:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com