Europe 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)
The frozen seafood market in Europe is expected to grow from US$ 3,633.44 million in 2022 to US$ 5,128.64 million by 2028; it is estimated to grow at a CAGR of 6.3% from 2022 to 2028.
The rise in disposable income and the preference for food that provides convenience in cooking and consumption, such as frozen seafood, has gained profound importance, especially among the urban populace due to their busy lifestyle. Furthermore, the increasing awareness among consumers regarding the health benefits offered by seafood is contributing to the growth of the frozen seafood market in Europe. Consumers are shifting toward a healthy lifestyle, which has led to high demand for healthy food with nutritional value. Seafood contains many nutrients, such as protein, iron, vitamin D, and omega-3 fatty acids, which are incredibly important for the human body and brain and provides essential nutrition to infants and children for their development. It consists of a low percentage of total fat and saturated fat. Seafood is a low-fat and high-protein food that can help to build muscle, improve eyesight, boost brainpower, support heart health, relieve joint discomfort, and improve skin and hair. Eating seafood decreases the risk of heart attack, stroke, hypertension, and obesity.
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 Europe frozen seafood market at a substantial CAGR during the forecast period.
Europe Frozen Seafood Market Revenue and Forecast to 2028 (US$ Million)
Europe Frozen Seafood Market Segmentation
The Europe Frozen seafood market is segmented into type, distribution channel, and country.
- Based on type, the Europe frozen seafood market is segmented into frozen fish, frozen crustaceans, frozen mollusks, and others. In 2022, the frozen fish segment accounted for the largest revenue share.
- Based on the distribution channel, the Europe frozen seafood market is segmented into supermarkets and hypermarkets, specialty stores, online retail, and others. Supermarkets and hypermarkets held the largest market share by revenue in 2022.
- Based on country, the Europe Frozen seafood market is segmented into France, Germany, Italy, the UK, Russia, and the Rest of Europe. The Rest of Europe held the largest market share in 2022.
Castlerock Inc., IFC Frozen Seafood, Marine Foods, Sterling Seafood, The Sirena Group, and Viet Asia Foods are among the leading companies operating in the Europe 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. Europe 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: Europe Frozen Seafood Market
5. Europe Frozen Seafood Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 High Demand for Seasonal Fish Products
5.1.2 Rising Health Awareness Among Consumers
5.2 Market Restraints
5.2.1 Frozen Seafood Market Faces Severe Challenge from Overfishing
5.3 Market Opportunities
5.3.1 Various Innovative Product Offerings
5.4 Future Trends
5.4.1 Surge in consumption of packaged seafood products
5.5 Impact Analysis of Drivers and Restraint
6. Frozen Seafood Market– Europe Analysis
6.1 Frozen Seafood Market Overview
6.2 Europe Frozen Seafood Market –Revenue and Forecast To 2028 (US$ Million)
7. Europe Frozen Seafood Market Analysis – by Type
7.1 Overview
7.2 Europe 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. Europe Frozen Seafood Market Analysis – by Distribution Channel
8.1 Overview
8.2 Europe 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. Europe Frozen Seafood Market– Country Analysis
9.1 Overview
9.1.1 Europe: Frozen Seafood Market, by Key Country
9.1.1.1 Germany: Frozen Seafood Market– Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 Germany: Frozen Seafood Market, By Product Type
9.1.1.1.2 Germany: Frozen Seafood Market, by Distribution Channel
9.1.1.2 France: Frozen Seafood Market– Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 France: Frozen Seafood Market, By Type
9.1.1.2.2 France: Frozen Seafood Market, by Distribution Channel
9.1.1.3 Italy: Frozen Seafood Market– Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 Italy: Frozen Seafood Market, By Type
9.1.1.3.2 Italy: Frozen Seafood Market, by Distribution Channel
9.1.1.4 UK: Frozen Seafood Market– Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 UK: Frozen Seafood Market, By Type
9.1.1.4.2 UK: Frozen Seafood Market, by Distribution Channel
9.1.1.5 Russia: Frozen Seafood Market– Revenue and Forecast to 2028 (US$ Million)
9.1.1.5.1 Russia: Frozen Seafood Market, By Type
9.1.1.5.2 Russia: Frozen Seafood Market, by Distribution Channel
9.1.1.6 Rest of Europe: Frozen Seafood Market– Revenue and Forecast to 2028 (US$ Million)
9.1.1.6.1 Rest of Europe: Frozen Seafood Market, By Type
9.1.1.6.2 Rest of Europe: 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 Sterling Seafood
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
10.6 IFC Frozen Seafood
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Products and Services
10.6.4 Financial Overview
10.6.5 SWOT Analysis
10.6.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary of Terms
LIST OF TABLES
Table 1. Europe Frozen Seafood Market –Revenue and Forecast To 2028 (US$ Million)
Table 2. Germany Frozen Seafood Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany Frozen Seafood Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 4. France Frozen Seafood Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. France Frozen Seafood Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 6. Italy Frozen Seafood Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 7. Italy Frozen Seafood Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 8. UK Frozen Seafood Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. UK Frozen Seafood Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 10. Russia Frozen Seafood Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 11. Russia Frozen Seafood Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 12. Rest of Europe Frozen Seafood Market, By Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Rest of Europe Frozen Seafood Market, by Distribution Channel – Revenue and Forecast to 2028 (US$ Million)
Table 14. Glossary of Terms, Europe Frozen Seafood Market
LIST OF FIGURES
Figure 1. Europe Frozen Seafood Market Segmentation
Figure 2. Europe Frozen Seafood Market Segmentation – By Country
Figure 3. Europe Frozen Seafood Market Overview
Figure 4. Frozen Fish Segment Held Largest Share of Europe Frozen Seafood Market
Figure 5. Rest of Europe Held Largest Share of Europe Frozen Seafood Market
Figure 6. Porter’s Five Forces Analysis
Figure 7. Europe Frozen Seafood Market Impact Analysis of Drivers and Restraints
Figure 8. Europe: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)
Figure 9. Europe Frozen Seafood Market Revenue Share, by Type (2021 and 2028)
Figure 10. Europe Frozen Fish: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)
Figure 11. Europe Frozen Crustaceans: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Frozen Mollusks: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. Europe Frozen Mollusks: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe Frozen Seafood Market Revenue Share by Distribution Channel (2021 and 2028)
Figure 15. Europe Supermarkets and Hypermarkets: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Specialty Stores: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Online Retail: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. Europe Others: Frozen Seafood Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe: Frozen Seafood Market, by Key Country– Revenue (2021) (US$ Million)
Figure 20. Europe: Frozen Seafood Market Revenue Share, by Key Country (2021 and 2028)
Figure 21. Germany: Frozen Seafood Market– Revenue and Forecast to 2028 (US$ Million)
Figure 22. France: Frozen Seafood Market– Revenue and Forecast to 2028 (US$ Million)
Figure 23. Italy: Frozen Seafood Market– Revenue and Forecast to 2028 (US$ Million)
Figure 24. UK: Frozen Seafood Market– Revenue and Forecast to 2028 (US$ Million)
Figure 25. Russia: Frozen Seafood Market– Revenue and Forecast to 2028 (US$ Million)
Figure 26. Rest of Europe: Frozen Seafood Market– Revenue and Forecast to 2028 (US$ Million)
1. Castlerock Inc.
2. IFC Frozen Seafood
3. Marine Foods
4. Sterling Seafood
5. The Sirena Group
6. Viet Asia Foods
· Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe 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 Europe 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 Europe 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