Global IQF Seafood Market Size, Growth Analysis and Forecast Insights

Report ID : 1331843 | Published : January 2025 | Study Period : 2023-2033 | Format : PDF + Excel

The market size of the IQF Seafood Market is categorized based on Product Type (Fish, Shellfish, Crustaceans, Mollusks, Others) and Form (Whole, Fillets, Chunks, Steaks, Other Forms) and Distribution Channel (Online, Offline, Retail, Foodservice, Others) and geographical regions (North America, Europe, Asia-Pacific, South America, and Middle-East and Africa).

The IQF Seafood Market size was valued at $10.5 billion in 2023 and is projected to reach $18.2 billion by 2033, growing at a CAGR of 5.5% from 2024 to 2033. This report includes various market segments and analyzes the key trends and factors influencing market growth.

The IQF seafood market has now more secured acceptance via the frozen food markets because it helps in providing the freshly tasting seafood to the customers or the businesses. Incorporation of new freezing technologies has made IQF seafood more popular because it has greatly enhanced the quality, usability and shelf life of IQF seafood. This method helps to deep freeze seafood items ensuring that its taste, texture and nutrients are retained in each piece making it favorable for both the consumers of food service providers. Due to the growth of health consciousness and protein diet, the need for seafood is rapidly growing which will greatly escalate the IQF seafood market. This is further aided by the growing retail and food sector where being enabled with an IQF modern lifestyle is quite busy. Also, the growing conscience regarding sustainable fishing initiatives and traceability of seafood procured are adding to the effort to develop IQF technologies, which in turn transforms the future scenario of the IQF market.

 

ATTRIBUTES	DETAILS
STUDY PERIOD	2023-2033
BASE YEAR	2023
FORECAST PERIOD	2024-2033
HISTORICAL PERIOD	2023-2024
UNIT	VALUE (USD BILLION)
KEY COMPANIES PROFILED	Marine Harvest, Nippon Suisan Kaisha, Berkshire Hathaway, Mowi ASA, Tri Marine International, Coldwater Seafood, High Liner Foods, Darden Restaurants, Aqua Star, Pacific Seafood, Thai Union Group
SEGMENTS COVERED	By Product Type - Fish, Shellfish, Crustaceans, Mollusks, Others By Form - Whole, Fillets, Chunks, Steaks, Other Forms By Distribution Channel - Online, Offline, Retail, Foodservice, Others By Geography - North America, Europe, APAC, Middle East Asia & Rest of World.

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IQF Seafood Market Dynamics

The IQF Seafood Market is undergoing significant changes due to various dynamic factors. This section delves into the key drivers, restraints, opportunities, and challenges that are shaping the market landscape.

Market Drivers

1. Technological Advancements
2. Increasing Consumer Demand
3. Regulatory Support
4. Globalization

Market Restraints

1. High Operational Costs
2. Regulatory Challenges
3. Market Saturation

Market Opportunities

1. Emerging Markets
2. Product Innovation
3. Strategic Partnerships

Market Challenges

1. Technological Disruptions
2. Supply Chain Issues
3. Changing Consumer Preferences

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Key Players in the IQF Seafood Market

This report provides an in-depth analysis of both established and rising industry participants. It provides broad lists of important companies organized by the types of products they offer and other market-related factors. In addition to characterizing these companies, the report contains the year each player entered the market, which is useful for research analysis by the study's analysts.

• Marine Harvest
• Nippon Suisan Kaisha
• Berkshire Hathaway
• Mowi ASA
• Tri Marine International
• Coldwater Seafood
• High Liner Foods
• Darden Restaurants
• Aqua Star
• Pacific Seafood
• Thai Union Group

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