The frozen fish products sector has become a vital component of the global seafood industry, providing convenience and variety to consumers worldwide. From whole fish and fillets to value-added products, the frozen fish market is expanding. Here, we offer insights into the industry from the perspective of food processing consultants, delving into market trends, production processes, and key players.
Frozen fish products encompass a wide range of seafoods that are preserved through freezing. These products are commonly found in supermarkets, restaurants, and other food service establishments. They include:
The market for frozen fish products is substantial and witnessing steady growth. Central to this growth are factors like increased consumer demand for seafood, the convenience offered by frozen products, and the expanded variety of products available.
According to Mordor Intelligence, the global frozen seafood market was valued at USD 26.66 billion in 2020 and is projected to grow to USD 35.20 billion by 2026, at a CAGR of 4.5%. This expansion underscores the importance for food industry consultants, particularly those in food technology consulting and food business consultancy roles.
The Asia-Pacific region dominates the frozen fish market, with more than 50% of the global market share, driven by rising seafood demand in countries such as China and India. Europe and North America follow closely behind.
Supermarkets and hypermarkets are the primary distribution channels, complemented by the rise in online retail and food service outlets like hotels and restaurants.
The commercial production of frozen fish products demands precision and expertise, often provided by food manufacturing consultants and food engineering consultants. The process involves:
Leading companies such as High Liner Foods, Nomad Foods, Trident Seafoods Corporation, and Thai Union Group drive the market. These players invest heavily in product innovation and expanding distribution networks to capture greater market share.
The frozen fish market offers significant opportunities for growth and innovation. Food manufacturing engineers and food factory design experts play crucial roles in enhancing production efficiency and meeting consumer demand. As the market grows, consultants in the food industry will continue to influence its trajectory by advising on best practices and technological advancements.