Global Seafood Processing Equipment Market Size study & Forecast, by Equipment (Slaughtering, Gutting, Scaling, Filleting, Other) by Product (Frozen, Smoked, Canned, Dried, Other) and Regional Analysis, 2023-2030, Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Seafood Processing Equipment market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Seafood Processing Equipment market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get the whole report, which includes a chart and more than 100 tables and figures. – Comprehensive Analysis of COVID-19 Market Outbreak Impact and Regional Situation
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Global Seafood Processing Equipment Market is valued approximately at USD 2.29 billion in 2022 and is anticipated to grow with a compounded annual growth rate of more than 3.20% over the forecast period 2023-2030. Seafood Processing Equipment refers are used in the processing and preparation of seafood products. It encompasses a wide range of equipment, designed to handle various stages of seafood, processing, from raw material handling and sorting to cleaning, cutting, cooking, freezing, packaging, and quality control. Thus, increasing demand for processed seafood and globalization of seafood are anticipated to fuel the market growth during the forecast period.
According to the Organization for Economic Co-operation and Development (OECD) in 2020, the global sea fish production is projected to reach 200 million metric tons by 2029, representing a 14% increase from the base period (average of 2017-2019). China as the world’s leading fisheries and aquaculture producer, plays a significant role in influencing global fish production trends. According to Organization for Economic Co-operation and Development (OECD) in 2020, Asian countries are expected to be the key contributors to the growth in fish exports for human consumption, accounting for approximately 67% of the additional exports by 2029. However, government initiatives towards conservation of marine life and stringent food safety and quality regulation may hamper the growth of the Global Seafood Processing Equipment Market. Moreover, growing seafood consumption and global expansion of seafood facilities expected to be the growth opportunities for this market.
The key regions considered for the Global Seafood Processing Equipment Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Asia Pacific market dominated the regional market with the largest market share due to the presence of China as the world’s leading fisheries and aquaculture producer, which contributes in influencing the trend for global fish production. Europe is expected to be the fastest growing region because of the rising demand for processed seafood and high-quality system requirement for seafood processing in this region.
Major market players included in this report are:
- BAADER LINCO Inc.
- Bettcher Industries Inc.
- Chore-Time and Brock (CBT) Inc.
- KM Fish Machinery A/S
- Marel Food Systems
- Pisces Fish Machinery Inc.
- SEAC AB
- Seafood Technology Limited
- Subzero (Grimsby) Limited
- Uni-Food Technic A/S
Recent Developments in the Market:
In May 2023, Marel Food Systems presented several innovative products at Seafood Processing Global the (processing segment of seafood Expo Global) and launched the new 2750 salmon-filleting machine which have the ability to operate on Industry 4.0 technology, Internet-on-things (IoT) base.
In December 2022, Duravnat LLC acquired Marelec Food Technologies in order to partly serve the seafood and marine sector.
Global Seafood Processing Equipment Market Report Scope:
Historical Data: 2020 – 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Equipment, Product, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.
The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Equipment:
- Slaughtering
- Gutting
- Scaling
- Filleting
- Other
By Product:
- Frozen
- Smoked
- Canned
- Dried
- Other
By Region:
- North America
- U.S.
- Canada
- Europe
- UK
- Germany
- France
- Spain
- Italy
- ROE
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- RoAPAC
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
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- Executive Summary: A concise overview of the report, highlighting the main points, key findings, and recommendations.
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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
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- What are the key drivers influencing market growth?
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- What are the emerging trends and opportunities in the market?
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Key Points Covered in Seafood Processing Equipment Market Report:
Table of Contents
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Seafood Processing Equipment Market, by region, 2020-2030 (USD Billion)
1.2.2. Seafood Processing Equipment Market, by Equipment, 2020-2030 (USD Billion)
1.2.3. Seafood Processing Equipment Market, by Product, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Seafood Processing Equipment Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Seafood Processing Equipment Market Dynamics
3.1. Seafood Processing Equipment Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing Demand for Processed Seafood
3.1.1.2. Globalization of Seafood
3.1.2. Market Challenges
3.1.2.1. Government initiatives towards conservation of Marine Life
3.1.2.2. Stringent Food Safety and Quality Regulation
3.1.3. Market Opportunities
3.1.3.1. Growing Seafood Consumption
3.1.3.2. Global Expansion of Seafood Facilities
Chapter 4. Global Seafood Processing Equipment Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economic
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
……..and view more in complete table of Contents
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