IMARC Group, a leading market research company, has recently releases report titled “European Frozen Seafood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, The study provides a detailed analysis of the industry, including the European frozen seafood market trends, share, size, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights:

How big is the European frozen seafood market?

The European frozen seafood market size reached US$ 24.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 29.1 Billion by 2028, exhibiting a growth rate (CAGR) of 3.07% during 2023-2028.

What is Frozen Seafood?

Frozen seafood involves the process of preserving seafood products through freezing, allowing them to retain freshness and flavor for extended periods. Characteristically, this sector prioritizes quality, sustainability, and variety, catering to different culinary preferences. The key features of frozen seafood include the use of advanced freezing technologies to maintain the nutritional value, texture, and taste of the products. Comprehensive quality control procedures ensure that hygiene standards are met, and robust distribution networks provide accessibility across various markets. Emphasizing ethical sourcing and environmental guidelines, the frozen seafood industry continues to evolve to meet consumer demands for healthy and convenient food options.

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European Frozen Seafood Market Trends:

  • The growing awareness of health benefits associated with seafood and the demand for convenience and variety in food choices are central drivers propelling the growth of European frozen seafood. Coinciding with this trend, European producers are increasingly recognized for their commitment to quality, sustainability, and diverse product offerings, considerably boosting market growth.
  • Technological advancements in freezing and packaging have enabled the creation of superior products that retain flavor and nutritional value, further advancing market growth.
  • The rising demand from retail, hospitality, and food service sectors for versatile and quality frozen seafood products is accelerating industry growth. Furthermore, adherence to international standards, conservation practices, and ethical sourcing is enhancing the sector’s development.
  • The regional economic landscape, along with governmental policies supporting sustainable fishing practices, food safety, and trade facilitation, is fostering a promising market outlook.
  • Other factors, such as strategic alliances, investments in research and innovation, and the emergence of companies specializing in frozen seafood production and distribution, are vitalizing the industry across Europe.

European Frozen Seafood Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the european frozen seafood market has been studied in the report with the detailed profiles of the key players operating in the market.

Key Market Segmentation:

The report has segmented the european frozen seafood market on the basis of product type, distribution channel and country.

Breakup by Product Type:

  • Groundfish
  • Small Pelagics
  • Tuna and Tuna like Species
  • Salmonids
  • Bivalves and Other Molluscs, and Aquatic Invertebrates
  • Crustaceans
  • Other Marine Fish
  • Cephalapods
  • Freshwater Fish
  • Others

Breakup by Distribution Channel:

  • Discount Retailers
  • Supermarkets and Hypermarkets
  • Specialty Stores
  • Others

Countries Insights:

  • Poland
  • Spain
  • Italy
  • Portugal
  • Germany
  • United Kingdom
  • France
  • Others

Browse the full report with TOC and list of Figures: https://www.imarcgroup.com/european-frozen-seafood-market

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

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