Frozen Fish and Seafood Market - Forecasts from 2025 to 2030

The Frozen Fish and Seafood market is expected to grow at a compound annual growth rate (CAGR) of 6.12% from US$87.846 billion in 2025 to US$118.215 billion in 2030.

Fish or seafood products including shellfish, crabs, and shrimps, among others, are processed and frozen to extend their shelf life. Freezing such food assists in keeping their nutrition content and taste intact during transportation. Increasing consumption of fish and seafood products across major nations, followed by rapid urbanization, is estimated to propel the global frozen fish and seafood market forward. As per the "Europe Dish Market 2023," the global per capita fish consumption reached 184.533 million tons, which represented a 2.1% growth in the consumption scale of 2021.

Frozen fish and seafood products are preserved and stored in vacuum-tight compartments and at freezing temperatures to minimize the growth of unwanted microbes and ensure fresh, quality products are delivered to the end user. With the transition towards hygienic and safe food preferences, customers are inclined towards safe quality and certified frozen food. As per the U.S. Department of Agriculture (USDA), fish and seafood meat are preferred over chicken and red meat (mutton/beef/pork/lamb) for relatively high levels of protein, omega-3, fatty acids, and vitamins D and B-12.

Moreover, frozen fish and seafood are better than the fresh form as the freezing process of fish and seafood meat in modern industry is initiated to remain in its natural form so that the freshness is intact and does not provide time for bacterial growth. Also, the wastage can be minimized to a great extent with timely checks throughout the supply chain with easy handling making it less prone to seasonal changes.

As consumer tastes lean more toward convenience foodstuffs which do not undermine their health-giving factors, frozen seafood is also gradually becoming one of the common necessities in homes. Rising trend of meal prepping from individuals with tight schedules helps further increase the demand for easy usage frozen seafood products within their meals. In addition, technological advancements in packaging have improved the visibility and convenience of the product, making it more accessible to consumers to prefer frozen seafood over other protein sources. These factors point toward a bright future for the frozen fish and seafood market in terms of adapting to changing lifestyles and dietary preferences.

Frozen Fish and Seafood market drivers

• Rising fish and seafood production across the globe is projected to propel the Frozen Fish and Seafood market expansion.

With the increase in the global consumption of fish and seafood products, the production of aquaculture has increased significantly worldwide. Furthermore, multiple governments across the globe have introduced multiple policies and subsidies to further boost the regional fish production and processing landscape.

The Ministry of Fisheries, Animal Husbandry & Dairying of the Indian Government, in its press releases, stated that at the end of 2023, the nation recorded a total fish production of about 17.545 million tons (175.45 lakh tons), making the nation the third largest fish producer globally. InvestIndia, in its datasheet, stated that in 2022-23, the total production of inland fisheries was recorded at about 13.13 million metric tons.

Furthermore, the US Department of Agriculture, in its report, stated that fish and seafood production in China grew significantly over the past few years. The organization stated that in 2021, about 66.90 MMT of seafood was produced in the nation, which grew to about 68.66 MMT in 2022. The total seafood production of China in 2023 was recorded at about 71.0 MMT

This increase in production is not only filling the rising demand of consumers but also answering food security issues around the world. As populations increase and diets change to be more protein-based, responsible aquaculture practices are becoming ever more crucial. Improvements in farming methods and feed conversion efficiency have increased yields while decreasing negative environmental impacts. Additionally, Innovations in cold chain logistics aid in the better distribution of frozen seafood items so that quality and freshness are maintained. In addition, online grocery shopping has taken off, thereby increasing frozen fish and seafood sales through online stores, as customers look to purchase meals that are not only more convenient but also not less nutrient-dense or flavorful.

Overall, these factors are expected to create significant growth in the frozen fish and seafood market as producers adapt to changing customer preferences and global desires for sustainable food sources.

Frozen Fish and Seafood market geographical outlook

Based on geography, the Frozen Fish and Seafood market is segmented into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. Asia Pacific is anticipated to hold a substantial market share. China is one of the leading consumers of fish items, and over the years, the country has been experiencing a positive expansion in its seafood consumption and production. For instance, according to the USDA's "2024 China Fishery Product Report", the country's total seafood production stood at 71 million metric tons, which represented a 3.4% growth over 2022's production volume. Major aquaculture products such as shrimps, & crabs witnessed 6% growth, followed by shellfish with 2.7%.

The rapid urbanization and improvement in living standards have increased the per capita seafood consumption in the country, which has greatly boosted to the overall market growth. In 2022, the per capita stood at 26.9 kilograms, which represented a significant growth of 27.1% over 2018's per capita consumption. Moreover, as per the European Union's "EU Fish Market 2023" edition, China accounted for 34.5% of the total fish consumption in the top 15 OECD countries in 2022, and in the coming year, the country is expected to maintain its position as the leader. Furthermore, the ongoing investment in fish farming, followed by growing consumer awareness regarding the health benefits of fish, is further acting as an additional driving factor for the market growth.

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Report Coverage:

• Historical data & forecasts from 2022 to 2030
• Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
• Competitive Positioning, Strategies, and Market Share Analysis
• Revenue Growth and Forecast Assessment of segments and regions including countries
• Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)

The Frozen fish and seafood market is analyzed into the following segments:

By Product Type

• Fish
• Crustaceans
• Shellfish
• Others

By Distribution Channel

• Offline
• Supermarkets
• Hypermarkets
• Others
• Online

By End-User

• Retail
• Hotels and restaurants
• Others

By Geography

• North America
• United States
• Canada
• Mexico
• South America
• Brazil
• Argentina
• Others
• Europe
• United Kingdom
• Germany
• France
• Spain
• Others
• Middle East and Africa
• Saudi Arabia
• UAE
• Israel
• Others
• Asia Pacific
• Japan
• China
• India
• South Korea
• Indonesia
• Thailand
• Others