North America Frozen Seafood Market Demands, Growth Analysis, Industry Report 2024-2032

IMARC Group, a leading market research company, has recently releases report titled “North America Frozen Seafood Market Report by Type (Shrimp, Salmon, Tuna, Tilapia, Pangasius, Catfish, and Others), Distribution Channel (Supermarkets and Hypermarkets, Speciality Retailers, Convenience Stores, Online, and Others), Sector (Retail, Institutional), and Country 2024-2032”. The study provides a detailed analysis of the industry, including the North America frozen seafood market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the North America Frozen Seafood Market?

The North America frozen seafood market size reached US$ 15.1 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 20.6 Billion by 2032, exhibiting a growth rate (CAGR) of 3.4% during 2024-2032.

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North America Frozen Seafood Market Trends and Drivers:

Consumers are highly inclined towards convenient and healthy food options, which is one of the factors responsible for the growth of the North America frozen seafood market. Additionally, the demand for frozen seafood is escalating owing to the high nutritional benefits of seafood, rich in omega-3 fatty acids, proteins, and essential vitamins, which is fueling the market. Moreover, the trend towards maintaining a balanced diet with sustainable food choices is also elevating the popularity of frozen seafood, which offers a longer shelf life and reduces food waste, which is contributing to the expansion of the market. The expansion of retail channels and enhancements in freezing technologies that preserve the taste and nutritional quality of seafood are making frozen products more appealing to consumers.

The sustainability practices within the seafood industry are influencing consumer preferences in the North American market. Additionally, there is a growing trend towards sourcing eco-friendly and ethically harvested seafood, which is driving demand for products certified by environmental organizations such as the Marine Stewardship Council, thereby propelling the market. This shift is not only seen in consumer markets but also among food service providers, who are increasingly committing to sustainable seafood practices in response to customer needs. Furthermore, innovations in product offerings, including seasoned and ready-to-cook frozen seafood options, cater to the diverse tastes and preferences of consumers across North America, which is anticipated to drive the North America frozen seafood market over the forecasted period.

North America Frozen Seafood Market Report Segmentation:

The report is organized into distinct sections as follows:

Breakup by Type:

• Shrimp
• Salmon
• Tuna
• Tilapia
• Pangasius
• Catfish
• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Speciality Retailers
• Convenience Stores
• Online
• Others

Breakup by Sector:

• Retail
• Institutional

Breakup by Country:

• United States
• Canada

Leading Companies Operating in the North America Frozen Seafood Industry:

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

Ask Analyst for Customization and Explore full report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1615&flag=C

Other Key Points Covered in the Report:

• COVID-19 Impact
• Porters Five Forces Analysis
• Value Chain Analysis
• Strategic Recommendations

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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