Global Processed Seafood Processing Equipment Market, By Food Type (Fish, Crustaceans, Mollusks, Others), Processing Equipment Products (Frozen Seafood, Smoked Seafood, Canned Seafood, Dried Seafood, Others), Processing Equipment Type (Slaughtering, Smoking, Curing and Filling, Gutting, Scaling, Skinning, Filleting, Deboning, Others), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Processed Seafood Processing Equipment Market
The processed seafood processing equipment market is expected to witness market growth at a rate of 5.20% in the forecast period of 2021 to 2028 and is expected to reach USD 1.73 billion by 2028. Data Bridge Market Research report on processed seafood processing equipment market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rising global consumption of processed seafood is escalating the growth of processed seafood processing equipment market.
Fish is known to be the protein foods which require vigilant handling and an imperative and consistently affordable dietary element globally. The seafood processing equipment is to down or avoid the enzymatic, bacterial and chemical deterioration and also maintain the fish flesh in a condition as near as possible to that of fresh fish. The phases need to achieve this begin before the fishing expedition starts and ends upon the seafood being eaten or processed into meal, oil or feed. The equipment assists in delivering high-quality seafood product and manages entire process of preparation right from catching, landing, handling to storage and transport.
The rise in the consumer inclination towards seafood, increasing consumption and production of seafood and the growing awareness regarding the health benefits of the product are the major factors driving the processed seafood processing equipment market. The implementation of strict government regulations regarding food and associated industries, the increasing adoption of seafood for its nutritional benefits and the growing need to fulfill its food requirements accelerate the processed seafood processing equipment market growth. The rise in demand for tasty and healthy processed food, increasing seafood trade and favorable standards for the seafood processing industries, hatcheries, farms and feed mills influence the processed seafood processing equipment market. The adoption of standardized equipment because of regulatory framework, high demand for seafood products and increasing need for processed food due to the modern lifestyles also boost the processed seafood processing equipment market. Additionally, expansion of aquaculture industry, growth in population, rapid urbanization, increasing health awareness and surge in disposable income positively affect the processed seafood processing equipment market. Furthermore, enhanced packaging solutions leading to longer shelf life of processed seafood products and advancements in seafood processing technologies extend profitable opportunities to the processed seafood processing equipment market players in the forecast period of 2021 to 2028.
On the other hand, high capital investment with a low replacement frequency and decreasing rate of seafood population due to overfishing are factors expected to obstruct the processed seafood processing equipment market growth. Food safety and regulatory compliance requirements are projected to challenge the processed seafood processing equipment market in the forecast period of 2021 to 2028.
This processed seafood processing equipment market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on processed seafood processing equipment market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Processed Seafood Processing Equipment Market Scope and Market Size
The processed seafood processing equipment market is segmented on the basis of food type, processing equipment products and processing equipment type. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of food type, the processed seafood processing equipment market is segmented into fish, crustaceans, mollusks and others.
- On the basis of processing equipment products, the processed seafood processing equipment market is segmented into frozen seafood, smoked seafood, canned seafood, dried seafood and others.
- On the basis of processing equipment type, the processed seafood processing equipment market is segmented into slaughtering, smoking, curing and filling, gutting, scaling, skinning, filleting, deboning and others.
Global Processed Seafood Processing Equipment Market Country Level Analysis
The processed seafood processing equipment market is analyzed and market size, volume information is provided by country, food type, processing equipment products and processing equipment type as referenced above.
The countries covered in the global processed seafood processing equipment market report are the U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Asia-Pacific dominates the processed seafood processing equipment market because of the high investments in technology and research and changes in the food and beverage industry scenario. Europe is considered to be the second largest market due to the large demand for high-quality systems from several major industries in the region.
The country section of the processed seafood processing equipment market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Processed Seafood Processing Equipment Market Share Analysis
The processed seafood processing equipment market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to processed seafood processing equipment market.
The major players covered in the processed seafood processing equipment market report are Charoen Pokphand Foods PCL, Maruha Nichiro Corporation,N ISSUI, Thai Union Group Public Company Limited, Mowi, Lerøy, GRUPO NUEVA PESCANOVA, High Liner Foods, Royal Greenland, CLEARWATER SEAFOODS LIMITED, BAADER, Marel, GEA Group Aktiengesellschaft, BIRO, Shanghai Arenco Machinery Co., Ltd, Polar Systems Ltd., Uni-Food Technic A/S, Optimar Fodema, SEAC AB, JBT, Skaginn 3X, Cabinplant, M.T.C. Food Equipment, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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