Asia Pacific Frozen Seafood Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Frozen Fish, Frozen Crustaceans, Frozen Mollusks, and Others) and Distribution Channel (Supermarket and Hypermarkets, Specialty Stores, Online Retail, and Others)     

BMIRE00027100 | Pages: 92 | Food and Beverages | Oct 2022 | Type: Regional | Status: Published

The Asia Pacific frozen seafood market in Asia Pacific is expected to grow from US$ 6,708.32 million in 2022 to US$ 8,965.43 million by 2028; it is estimated to grow at a CAGR of 5.0% from 2022 to 2028.

 

Various innovative product offerings are the major factor driving the growth of the Asia Pacific frozen seafood market. Many people are trying to shift to a healthy lifestyle; as a result, there is a surge in demand for frozen seafood. Several seafood companies are increasing their focus on delivering innovative and healthy food offerings to attract customers with their distinctive properties.  

 

Many companies in the Asia Pacific frozen seafood market are expanding their product offerings under the category of children-friendly food items to explore untapped growth opportunities. Furthermore, several studies have stated that omega-3 in seafood improves children's sleep patterns and IQ levels. Thus, parents are demanding better seafood products for their children. Moreover, the entry of new players, R&D activities, efficient resource allocation, technical advancements, and increased competition among rivals to extend their regional and client bases are contributing to the innovation of seafood products, which is contributing to the market growth.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Asia Pacific Frozen seafood market at a substantial CAGR during the forecast period.

 

 Asia Pacific Frozen Seafood Market Revenue and Forecast to 2028 (US$ Million)

 Asia Pacific Frozen Seafood Market Revenue and Forecast to 2028 (US$ Million)

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Asia Pacific Frozen Seafood Market Segmentation 

The Asia Pacific Frozen seafood market is segmented into type, distribution channel, and country.

 

The Asia Pacific frozen seafood market is segmented into type, distribution channel, and country.

  • Based on type, the Asia Pacific frozen seafood market is segmented into frozen fish, frozen crustaceans, frozen mollusks, and others. In 2022, the frozen fish segment accounted for the largest market share. 
  • Based on distribution channel, the Asia Pacific frozen seafood market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. The supermarkets and hypermarkets segment held the largest share in the market in 2022.
  •  Based on country, the Asia Pacific frozen seafood market is segmented into Australia, China, India, Japan, and the Rest of Asia Pacific. China held the largest market share in 2022.

Castlerock Inc., Marine Foods, Sterling Seafood, The Sirena Group, and Viet Asia Foods are among the leading companies operating in the Asia Pacific frozen seafood market.

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.        Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection

3.2.2        Primary Interviews

3.2.3        Hypothesis Formulation

3.2.4        Macro-economic Factor Analysis

3.2.5        Developing Base Number

3.2.6        Data Triangulation

3.2.7        Country Level Data

4.           APAC Frozen Seafood Market Landscape

4.1         Market Overview

4.2         Porter’s Five Forces Analysis

4.2.1        Threat of New Entrants

4.2.2        Bargaining Power of Suppliers

4.2.3        Bargaining Power of Buyers

4.2.4        Competitive Rivalry

4.2.5        Threat of Substitutes

4.3         Ecosystem Analysis

4.3.1        Ecosystem: APAC Frozen Seafood Market

5.           APAC Frozen Seafood Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Seasonal Fish Products on High Demand

5.1.2        Consumers Becoming Health Conscious

5.2         Market Restraints

5.2.1        Frozen Seafood Market Faces Severe Challenge from Overfishing

5.3         Market Opportunities

5.3.1        Innovative Product Offerings

5.4         Future Trends

5.4.1        Rising Consumption of Packaged Seafood Products

5.5         Impact Analysis of Drivers and Restraint

6.           Frozen Seafood Market– APAC Analysis

6.1         Frozen Seafood Market Overview

6.2         APAC Frozen Seafood Market –Revenue and Forecast To 2028 (US$ Million)

7.           APAC Frozen Seafood Market Analysis – by Type

7.1         Overview

7.2         APAC Frozen Seafood Market, by Type (2021 and 2028)

7.3         Frozen Fish

7.3.1        Overview

7.3.2        Frozen Fish: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

7.4         Frozen Crustaceans

7.4.1        Overview

7.4.2        Frozen Crustaceans: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

7.5         Frozen Mollusks

7.5.1        Overview

7.5.2        Frozen Mollusks: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

7.6         Others

7.6.1        Overview

7.6.2        Others: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

8.           APAC Frozen Seafood Market Analysis – by Distribution Channel

8.1         Overview

8.2         APAC Frozen Seafood Market, by Distribution Channel (2021 and 2028)

8.3         Supermarkets and Hypermarkets

8.3.1        Overview

8.3.2        Supermarkets and Hypermarkets: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

8.4         Specialty Stores

8.4.1        Overview

8.4.2        Specialty Stores: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

8.5         Online Retail

8.5.1        Overview

8.5.2        Online Retail: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

8.6         Others

8.6.1        Overview

8.6.2        Others: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

9.           APAC Frozen Seafood Market– Country Analysis

9.1         Overview

9.1.1        APAC: Frozen Seafood Market, by Key Country

9.1.1.1          Australia: Frozen Seafood Market–Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1          Australia: Frozen Seafood Market, By Type

9.1.1.1.2          Australia: Frozen Seafood Market, by Distribution Channel

9.1.1.2          China: Frozen Seafood Market–Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1          China: Frozen Seafood Market, By Type

9.1.1.2.2          China: Frozen Seafood Market, by Distribution Channel

9.1.1.3          India: Frozen Seafood Market–Revenue and Forecast to 2028 (US$ Million)

9.1.1.3.1          India: Frozen Seafood Market, By Type

9.1.1.3.2          India: Frozen Seafood Market, by Distribution Channel

9.1.1.4          Japan: Frozen Seafood Market–Revenue and Forecast to 2028 (US$ Million)

9.1.1.4.1          Japan: Frozen Seafood Market, By Type

9.1.1.4.2          Japan: Frozen Seafood Market, by Distribution Channel

9.1.1.5          South Korea: Frozen Seafood Market–Revenue and Forecast to 2028 (US$ Million)

9.1.1.5.1          South Korea: Frozen Seafood Market, By Type

9.1.1.5.2          South Korea: Frozen Seafood Market, by Distribution Channel

9.1.1.6          Rest of APAC: Frozen Seafood Market–Revenue and Forecast to 2028 (US$ Million)

9.1.1.6.1          Rest of APAC: Frozen Seafood Market, By Type

9.1.1.6.2          Rest of APAC: Frozen Seafood Market, by Distribution Channel

10.        Company Profiles

10.1      Marine Foods B.V.

10.1.1     Key Facts

10.1.2     Business Description

10.1.3     Products and Services

10.1.4     Financial Overview

10.1.5     SWOT Analysis

10.1.6     Key Developments

10.2      Viet Asia Foods.

10.2.1     Key Facts

10.2.2     Business Description

10.2.3     Products and Services

10.2.4     Financial Overview

10.2.5     SWOT Analysis

10.2.6     Key Developments

10.3      Castlerock Inc.

10.3.1     Key Facts

10.3.2     Business Description

10.3.3     Products and Services

10.3.4     Financial Overview

10.3.5     SWOT Analysis

10.3.6     Key Developments

10.4      Sirena Group A/S

10.4.1     Key Facts

10.4.2     Business Description

10.4.3     Products and Services

10.4.4     Financial Overview

10.4.5     SWOT Analysis

10.4.6     Key Developments

10.5      Clifton Seafood Company

10.5.1     Key Facts

10.5.2     Business Description

10.5.3     Products and Services

10.5.4     Financial Overview

10.5.5     SWOT Analysis

10.5.6     Key Developments

11.        Appendix

11.1      About The Insight Partners

11.2      Glossary of Terms

LIST OF TABLES

Table 1.             APAC Frozen Seafood Market –Revenue and Forecast To 2028 (US$ Million)

Table 2.             Australia Frozen Seafood Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Australia Frozen Seafood Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 4.             China Frozen Seafood Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 5.             China Frozen Seafood Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 6.             India Frozen Seafood Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 7.             India Frozen Seafood Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 8.             Japan Frozen Seafood Market, By Type– Revenue and Forecast to 2028 (US$ Million)

Table 9.             Japan Frozen Seafood Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 10.          South Korea Frozen Seafood Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 11.          South Korea Frozen Seafood Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 12.          Rest of APAC Frozen Seafood Market, By Type – Revenue and Forecast to 2028 (US$ Million)

Table 13.          Rest of APAC Frozen Seafood Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)

Table 14.          Glossary of Terms, APAC Frozen Seafood Market

LIST OF FIGURES

Figure 1.           APAC Frozen Seafood Market Segmentation

Figure 2.           APAC Frozen Seafood Market Segmentation – By Country

Figure 3.           APAC Frozen Seafood Market Overview

Figure 4.           Frozen Fish Segment Held Largest Share of APAC Frozen Seafood Market

Figure 5.           China Held Largest Share of APAC Frozen Seafood Market

Figure 6.           Porter’s Five Forces Analysis

Figure 7.           APAC Frozen Seafood Market Impact Analysis of Drivers and Restraints

Figure 8.           APAC: Frozen Seafood Market – Revenue and Forecast To 2028 (US$ Million)

Figure 9.           APAC Frozen Seafood Market Revenue Share, by Type (2021 and 2028)

Figure 10.        APAC Frozen Fish: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

Figure 11.        APAC Frozen Crustaceans: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12.        APAC Frozen Mollusks: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13.        APAC Frozen Mollusks: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14.        APAC Frozen Seafood Market Revenue Share by Distribution Channel (2021 and 2028)

Figure 15.        APAC Supermarkets and Hypermarkets: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16.        APAC Specialty Stores: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

Figure 17.        APAC Online Retail: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18.        APAC Others: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19.        APAC: Frozen Seafood Market, By Country Key – Revenue (2021) (US$ Million)

Figure 20.        APAC: Frozen Seafood Market Revenue Share, by Key Country (2021 and 2028)

Figure 21.        Australia: Frozen Seafood Market–Revenue and Forecast to 2028 (US$ Million)

Figure 22.        China: Frozen Seafood Market–Revenue and Forecast to 2028 (US$ Million)

Figure 23.        India: Frozen Seafood Market–Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Japan: Frozen Seafood Market–Revenue and Forecast to 2028 (US$ Million)

Figure 25.        South Korea: Frozen Seafood Market–Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Rest of APAC: Frozen Seafood Market–Revenue and Forecast to 2028 (US$ Million)

  1. Castlerock Inc.
  2. Marine Foods
  3. Sterling Seafood
  4. The Sirena Group
  5. Viet Asia Foods
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Asia Pacific frozen seafood market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific frozen seafood market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the frozen seafood market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

 

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