North America Frozen Seafood Market Size, Forecast, Trends, and Competitive Landscape Report by Product, Distribution Channel, and Geography 2024-2028

North America Frozen Seafood Market Overview

The North America frozen seafood market is projected to experience substantial growth between 2024 and 2028, fueled by major drivers such as increasing consumer preference for convenience and the rising trend of healthier dietary choices. Advanced technologies like automation and AI integration are revolutionizing the frozen seafood industry, offering solutions that cater to the evolving needs of consumers. The market is expected to grow by USD 2-4 billion at a CAGR of 1%-3% between 2024 and 2028. Exact values for this market can be accessed upon purchasing the report.

Market Segmentation

The market is segmented into end-user (retail, foodservice) and type (frozen fish, frozen crustaceans, frozen mollusks, and others). The foodservice segment is expected to dominate due to the high demand for frozen seafood in the industry.

End-User

• Retail
• Foodservice

Type

• Frozen Fish
• Frozen Crustaceans
• Frozen Mollusks
• Others

Region

• US
• Canada
• Mexico

Market Dynamics

Drivers:

• Growing Health Consciousness: Increased awareness of the health benefits of seafood is driving demand for frozen seafood products.
• Convenience: Busy lifestyles and the preference for easy-to-prepare meals are boosting the popularity of frozen seafood.
• Sustainability Focus: Rising demand for sustainably sourced seafood is encouraging the growth of eco-friendly frozen seafood options.

Trends:

• Plant-Based Alternatives: The rise of plant-based seafood substitutes is gaining traction in the frozen seafood market.
• Premium Products: There is a growing demand for premium, high-quality frozen seafood, such as wild-caught or organic varieties.
• Online Retail Growth: Increasing consumer preference for online grocery shopping is pushing the growth of frozen seafood sales through e-commerce platforms.

Opportunities:

• Product Innovation: Introducing new flavors, packaging, and value-added frozen seafood products can cater to evolving consumer preferences.
• Expanding into New Markets: Targeting untapped regions and expanding distribution networks can boost the market presence of frozen seafood brands.
• Sustainability Certification: Gaining sustainability certifications can appeal to environmentally-conscious consumers and open up new market opportunities.

Challenges:

• Supply Chain Disruptions: Issues like transportation delays and storage constraints can affect the availability and freshness of frozen seafood.
• Fluctuating Seafood Prices: Variability in seafood supply and prices due to environmental factors or fishing regulations can impact profitability.
• Consumer Preferences: Balancing consumer demand for convenience with concerns over product quality and sustainability can be difficult for suppliers.

Competitive Landscape

This report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies in order to help clients improve their market positions. Leading companies in this market include:

• Austevoll Seafood
• Fishery Products International
• High Liner Foods
• Iglo Group
• Leroy Seafood
• Marine Harvest
• Others

Market Report Highlights

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FAQ

Q: What are the major drivers for the North America Frozen Seafood Market?
A: The major drivers for the North America Frozen Seafood Market are increasing consumer preference for convenience and the rising trend of healthier dietary choices.

Q: Which regions are covered in the North America Frozen Seafood Market report?
A: The North America Frozen Seafood Market report covers the regions of North America, Europe, APAC, South America, and Middle East and Africa.

Q: Who are the leading companies in the North America Frozen Seafood Market?
A: The leading companies in the North America Frozen Seafood Market include ConAgra Foods, Inc., The Schwan Food Company, and JBS S.A.

Q: What are the major applications of frozen seafood?
A: The major applications of frozen seafood are residential and commercial.

Q: Which regions are expected to grow the fastest in the North America Frozen Seafood Market?
A: Europe is expected to grow at a rapid pace in the North America Frozen Seafood Market.

Table of Contents

I. Introduction
A. Brief Overview of the Global Frozen Seafood Market
B. Market Scope and Importance

II. North America Frozen Seafood Market Analysis
A. Market Size and Forecast (2024-2028)
1. United States
2. Canada
B. Market Trends and Growth Factors
C. Key Players and Competitive Landscape

III. Europe Frozen Seafood Market Analysis
A. Market Size and Forecast (2024-2028)
1. United Kingdom
2. France
3. Germany
B. Market Trends and Growth Factors
C. Key Players and Competitive Landscape

IV. APAC Frozen Seafood Market Analysis
A. Market Size and Forecast (2024-2028)
1. China
B. Market Trends and Growth Factors
C. Key Players and Competitive Landscape

V. South America Frozen Seafood Market Analysis
A. Market Size and Forecast (2024-2028)
B. Market Trends and Growth Factors
C. Key Players and Competitive Landscape

VI. Middle East and Africa Frozen Seafood Market Analysis
A. Market Size and Forecast (2024-2028)
B. Market Trends and Growth Factors
C. Key Players and Competitive Landscape

VII. Conclusion
A. Summary of Key Findings
B. Recommendations for Stakeholders
C. Future Outlook and Opportunities

VIII. References
A. List of Sources Cited in the Report.