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Global Frozen Fish and Seafood Market 2017-2021

About Frozen Fish and Seafood

Frozen fish and seafood are packaged food items that are prepared by freezing the foods to preserve them from the time of their preparation to consumption. With hectic schedules of consumers and subsequent demand for quick meal options, the popularity of convenience food products is increasing. A growing working women population base, improving living standards, and the growth of urban settlements are also adding to the popularity of convenience food products, and is subsequently helping in the growth of the global frozen fish and seafood market.

Technavio’s analysts forecast the global frozen fish and seafood market to grow at a CAGR of 5.03% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global frozen fish and seafood market for 2017-2021. To calculate the market size, the report considers the revenue generated through the sales of frozen fish and seafood to customers as well as to foodservice customers through various retail outlets.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Frozen Fish and Seafood Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • AquaChile
  • Clearwater
  • High Liner Foods
  • Nomad Foods Europe
Other prominent vendors
  • Austevoll Seafood
  • Hansung Enterprise
  • Lerøy
  • Lyons Seafoods
  • Marine Harvest
  • SURAPON FOODS
  • Tassal
  • Tri Marine
Market driver
  • Growing desire for convenience
  • For a full, detailed list, view our report
Market challenge
  • No proven validation of nutritional value
  • For a full, detailed list, view our report
Market trend
  • Innovation in packaging and preparation
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Frozen Fish and Seafood Market 2017-2021

Technavio recognizes the following companies as the key players in the global frozen fish and seafood market: AquaChile, Clearwater, High Liner Foods, and Nomad Foods Europe.

Other Prominent Vendors in the market are: Austevoll Seafood, Hansung Enterprise, Lerøy, Lyons Seafoods, Marine Harvest, SURAPON FOODS, Tassal, and Tri Marine.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is innovation in packaging and preparation. PostlerFerguson, a UK-based design agency has created a fresh fish pack concept for use at fresh fish counters. It is made from double-layered polyethylene, and is airtight, resalable, and can be filled with ice for transport to keep the fish fresh. In North America, High Liner Foods, which markets its frozen seafood to retailers under the Sea Cuisine and Fisher Boy brand has switched to a mineral-based coating technology provided by Smart Planet Technologies.”

According to the report, one driver in the market is growing desire for convenience. The increasing hectic lifestyles of consumers make them prefer ready-to-eat meals, which can reduce the preparation or cooking time and clean-up time. Convenience is a key factor which is frequently considered by frozen fish and seafood vendors to increase the relevance of their products to consumers, as the majority of consumers look for convenience when opting for any packaged product. The white fish species that are often used as convenience food products are pollock, Alaska pollock, and pangasius.

Further, the report states that one challenge in the market is no proven validation of nutritional value. Over a long time, frozen food products have gone under a lot of scrutiny and debates. Since there is no authorized proven validation against frozen foods, consumers are still not sure about their nutritional value. The USDA and FDA have provided just the refrigeration or freezing guidelines, and nowhere the nutritional degradation or benefits of frozen food items have been mentioned. There have been numerous cases of frozen food contamination with Salmonella, E. coli, and Listeria. It has also been found that consistent re-heating may also decrease the nutritional value of frozen food products.

Companies Mentioned

AquaChile, Clearwater, High Liner Foods, Nomad Foods Europe, Austevoll Seafood, Hansung Enterprise, Lerøy, Lyons Seafoods, Marine Harvest, SURAPON FOODS, Tassal, and Tri Marine.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global frozen fish and seafood market: An overview
    • Global frozen fish and seafood market
      • Table Global frozen fish and seafood market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by distribution channel
    • Global frozen fish and seafood market by distribution channels
      • Table Number of convenience stores 2014 and 2015
      • Table Global internet penetration rate 2015 (%)
    • Frozen fish and seafood market by distribution channels in EMEA
      • Table Frozen fish and seafood market by distribution channels in EMEA 2016 (% share of revenue)
    • Frozen fish and seafood market by distribution channels in APAC
      • Table Frozen fish and seafood market by distribution channels in APAC 2016 (% share of revenue)
    • Frozen fish and seafood market by distribution channels in the Americas
      • Table Frozen fish and seafood market by distribution channels in the Americas 2016 (% share of revenue)
  • Geographical segmentation
    • Global frozen fish and seafood market by geography
      • Table Global frozen fish and seafood market by geography 2016 and 2021 (% share of revenue)
      • Table Global frozen fish and seafood market by geography 2016-2021: Growth outlook
    • Frozen fish and seafood market in EMEA
      • Table Frozen fish and seafood market in EMEA 2016-2021 ($ billions)
      • Table Number of fish catch in the EU 2009-2014
    • Frozen fish and seafood market in APAC
      • Table Frozen fish and seafood market in APAC 2016-2021 ($ billions)
    • Frozen fish and seafood market in the Americas
      • Table Frozen fish and seafood market in the Americas 2016-2021 ($ billions)
      • Table Capture fisheries production 2013 and 2014 in the Americas (million tons)
  • Key leading countries
    • China
    • US
      • Table Imports of shrimp in the US 2012-2016 (thousand tons)
    • Japan
    • France
    • Germany
    • Spain
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global urban population 2010-2015 (billions)
      • Table Growth of urban settlements 2005-2015
    • Market challenges
      • Table Global fresh food market 2016-2021 (billion tons)
  • Market trends
    • Innovation in packaging and preparation
    • Growing demand for organic frozen fish in Europe
    • Growing demand for traditional foods - sushi and sashimi
  • Competitor analysis
    • Competitive scenario
    • Competitive positioning assessment
      • Table Competitive positioning matrix for frozen fish and seafood vendors 2016
    • Market positioning matrix based on product portfolio and brand presence for key market players
      • Table Market positioning matrix based on product portfolio and brand presence for key market players
    • AquaChile
      • Table AquaChile: Product portfolio
    • Clearwater
      • Table Clearwater: Product portfolio
    • High Liner Foods
      • Table High Liner Foods: Product portfolio
    • Nomad Foods Europe
      • Table Nomad Foods Europe: Product portfolio
    • Other prominent market players
  • Appendix
    • List of abbreviations
  • Explore Technavio

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