Frozen Seafood Processing in China
China is one of the largest seafood-consuming countries in the world. Seafood is characterized by low fat and high protein content, and is rich in various trace elements, which caters to the current market trend of pursuing healthy food and drink. Comprising the largest portion of all processed aquatic products, frozen seafood accounts for about 70% of total output. China's frozen seafood processing revenue has increased at a CAGR of 0.3% to $77.8 billion over the past five years, including a growth rate of 2.5% in 2023 alone, when profit will be 4.2%.
The Frozen Seafood Processing industry in China consists of companies that process fish, shrimp, shellfish and other seafood by freezing. Processing frozen seafood for industrial purposes is not included in the industry.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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