The frozen seafood market in the Middle East & Africa is expected to grow from US$ 667.58 million in 2022 to US$ 887.28 million by 2028; it is estimated to grow at a CAGR of 4.9% from 2022 to 2028.
Packaging of food products prevents or reduces product damage and spoilage, thereby saving the time. It also reduces the cost of many food products owing to economies of scale in mass production and efficiency in bulk distribution. It eliminates or lessens the risk of tampering and adulteration and saves vital nutrients to protect the consumer’s health.
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 Middle East & Africa Frozen seafood market at a substantial CAGR during the forecast period.
Packaging of food products prevents or reduces product damage and spoilage, thereby saving the time. It also reduces the cost of many food products owing to economies of scale in mass production and efficiency in bulk distribution. It eliminates or lessens the risk of tampering and adulteration and saves vital nutrients to protect the consumer’s health.
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 Middle East & Africa Frozen seafood market at a substantial CAGR during the forecast period.
Middle East & Africa Frozen Seafood Market Segmentation
The Middle East & Africa frozen seafood market is segmented into type, distribution channel, and country.- Based on type, the Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa Frozen seafood market is segmented into Saudi Arabia, South Africa, UAE, and the Rest of Middle East & Africa. The Rest of Middle East & Africa held the largest market share in 2022.
Table of Contents
1. Introduction
3. Research Methodology
4. MEA Frozen Seafood Market Landscape
5. MEA Frozen Seafood Market - Key Market Dynamics
6. Frozen Seafood Market- MEA Analysis
7. MEA Frozen Seafood Market Analysis - by Type
8. MEA Frozen Seafood Market Analysis - by Distribution Channel
9. MEA Frozen Seafood Market- Country Analysis
10. Company Profiles
11. Appendix
List of Tables
List of Figures
Companies Mentioned
- Castlerock Inc.
- Marine Foods
- The Sirena Group
- Viet Asia Foods
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 79 |
Published | October 2022 |
Forecast Period | 2022 - 2028 |
Estimated Market Value ( USD | $ 667.58 Million |
Forecasted Market Value ( USD | $ 887.28 Million |
Compound Annual Growth Rate | 4.9% |
Regions Covered | Africa, Middle East |
No. of Companies Mentioned | 4 |