Processed Seafood & Seafood Processing Equipment Market Growth and Forecast to 2026

1. Processed Seafood & Seafood Processing Equipment Market To Reach USD 2.18 Billion By 2026

2. Market Summary High demand for processed and canned seafood, continuous rise in population, increasing health concerns among the population, higher investments in research and development coupled with rising awareness regarding the benefits of these foods are the key factors resulting in high CAGR of the industry. According to the current analysis of Reports and Data, the global Processed Seafood & Seafood Processing Equipment market was valued at USD 1.4 Billion in 2018 and is expected to reach USD 2.18 Billion by the year 2026, at a CAGR of 5.7%.

3. Our Approach Our Approach Market Summary Seafood comprises of all bony fishes, mollusks and shellfishes. Millions of people across the globe depend on these as their primary nutrient source. Health benefits provided by these foods are the major reason for their increasing demand. It is a good source of protein and contains less fat as compared to other animal protein sources. It is highly beneficial for heart patients on account of its low cholesterol. Additionally, it contains essential vitamins necessary for human bodies such as vitamin B, iodine, zinc, and potassium. A rise in disposable income has led to high demand for these products in developing economies. Growing heart diseases and cholesterol has urged people to shift to more nutritious and healthy products for consumption. Moreover, increasing awareness regarding the benefits of aquatic food items coupled with the introduction of new processing techniques is expected to drive the industry for processed seafood equipment. Increasing investments and expansion of the seafood processing industry is expected to drive the growth for processed seafood market. For example, on April 23, 2018, Hofseth Aalesund AS announced about its investment plans in BAADER, one of the leading food processing companies; this investment is expected to expand the production capacity of the fillet. Request for a sample of this research report @ https://www.reportsanddata.com/sample-enquiry-form/2052

4. Our Approach Our Approach Market Summary Further key findings from the report suggest • This sector converts the whole fish or shellfish caught by the fishermen or produced through aquaculture operations into consumable items that are sold in the retail stores and restaurants. This industry is growing at a CAGR of 6.2% in the Asia Pacific followed by Europe and North America, with 5.5% and 5.4% CAGR, respectively. High demand for processed and canned aquatic food products due to the changing lifestyle coupled with increasing health concerns is expected to drive the growth for seafood processing equipment. As of 2018, the Fish product segment is the dominating sub-segment in the Seafood Processing Equipment which holds 44.1% of the global market. Asian Pacific regional market is the chief revenue-generating source for this product segment, followed by Europe and North America regions. The commercial segment consumed by Americans primarily came from three major different sources: U.S. commercial fisheries, U.S. aquaculture production, or imports brought into the U.S. from other countries. • • • To identify the key trends in the industry, click on the link below: https://www.reportsanddata.com/report- detail/processed-seafood-and-seafood-processing-equipment-market

5. Our Approach Our Approach Market Summary Companies considered and profiled in this market study Middleby Corporation (US), GEA Group (Germany), John Bean Technologies Corporation (US), The BAADER- Group (Germany), Grieg Seafood, Skaginn 3X (Iceland), Guolian Aquatic Products, Zhengda Food Machinery Co. Ltd (China), Marine Harvest and Thai Union Frozen Products For the purpose of this report, Reports and Data has segmented the Processed Seafood & Seafood Processing Equipment market on the basis of type, equipment type, product type, end use, and region: Type (Revenue, USD Million; 2016–2026) Fish Crustaceans Mollusks Others Equipment Type (Revenue, USD Million; 2016–2026) Slaughtering Gutting Scaling Filleting Others

6. Our Approach Our Approach Market Summary Product Type (Revenue, USD Million; 2016–2026) Frozen Smoked Canned Dried Others End Use (Revenue, USD Million; 2016–2026) Hypermarkets Supermarkets Food Specialty Stores Convenient Stores Others Order Now: https://www.reportsanddata.com/checkout-form/2052

7. Our Approach Our Approach About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. Contact Us: John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com