The frozen seafood market in North America is expected to grow from US$ 4,282.46 million in 2022 to US$ 6,188.95 million by 2028; it is estimated to grow at a CAGR of 6.3% from 2022 to 2028.
Furthermore, many consumers prefer wild-caught seafood as it is tasty, healthy, and fresh. Since fish sourced in its natural habitats can only be harvested on a seasonal basis, companies are also increasing efforts to freeze-cold wild-caught fish to ensure a year-round supply. Moreover, there are various benefits associated with seasonal eating. It saves money and also improves the quality of food. Due to increase in supply of frozen seafood, the cost of production and distribution decreases, making it affordable for consumers.
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 North America frozen seafood market at a substantial CAGR during the forecast period.
Furthermore, many consumers prefer wild-caught seafood as it is tasty, healthy, and fresh. Since fish sourced in its natural habitats can only be harvested on a seasonal basis, companies are also increasing efforts to freeze-cold wild-caught fish to ensure a year-round supply. Moreover, there are various benefits associated with seasonal eating. It saves money and also improves the quality of food. Due to increase in supply of frozen seafood, the cost of production and distribution decreases, making it affordable for consumers.
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 North America frozen seafood market at a substantial CAGR during the forecast period.
North America Frozen Seafood Market Segmentation
The North America frozen seafood market is segmented into type, distribution channel, and country.- Based on type, the North America 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 North America 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 North America frozen seafood market is segmented into the US, Canada, and Mexico. The US held the largest market share in 2022.
Table of Contents
1. Introduction
3. Research Methodology
4. North America Frozen Seafood Market Landscape
5. North America Frozen Seafood Market - Key Market Dynamics
6. Frozen Seafood Market- North America Analysis
7. North America Frozen Seafood Market Analysis - by Type
8. North America Frozen Seafood Market Analysis - by Distribution Channel
9. North America Frozen Seafood Market- Country Analysis
10. Company Profiles
11. Appendix
List of Tables
List of Figures
Companies Mentioned
- American Seafoods Company LLC
- Castlerock Inc.
- Clifton Seafood Company
- High Liner Foods Inc
- IFC Frozen Seafood
- Marine Foods
- Mazetta Company LLC
- Sterling Seafood
- The Sirena Group
- Viet Asia Foods
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 98 |
| Published | October 2022 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 4282.46 Million |
| Forecasted Market Value ( USD | $ 6188.95 Million |
| Compound Annual Growth Rate | 6.3% |
| Regions Covered | North America |
| No. of Companies Mentioned | 10 |
