Global Seafood Processing Equipment Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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Global Seafood Processing Equipment Market Overview
"The Seafood Processing Equipment Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."
Seafood is a highly perishable type of food. Hence processing is required to keep it fresh and suitable for consumption even after long intervals of time. Processing is done to improve taste, color, and provide additional nutrients to the seafood. Seafood processing equipment differ from one to another in their basic essence and work such as some are used to mainly slaughter, fillet, etc. whereas some are used to gut, debone, and pack. Efficient and easy-to-use seafood processing equipment are essential to any seafood producer and distributor to maintain quality of seafood and provide customers with best and fresh products.
Rising demand for seafood, and advancements in seafood processing equipment are key factors driving growth of the global seafood processing equipment market. In addition, manufacturers investing into R&D of seafood processing equipment, and increasing adoption of seafood processing equipment in small scale industries in emerging economies are other factors anticipated to drive growth of the global seafood processing equipment market over the forecast period.
However, high cost of seafood processing equipment is a major factor restraining growth of the global seafood processing equipment market. Additionally, problems related to mobility of seafood processing equipment and lack of proper disposal measures of residue generated by use of these machineries are other major factors anticipated to hamper growth of the global seafood processing equipment market over the forecast period.
Currently, the market in Asia Pacific dominates the global processed seafood market in revenue terms owing to high consumption of seafood and seafood products in countries in the region, especially in China. The markets in Europe, and North America accounted for significant revenue shares in the global processed seafood market, followed by markets in Latin America and Middle East & Africa respectively. The market in Asia Pacific is projected to witness fastest growth in terms of revenue.
Global Seafood Processing Equipment Market Segmentation:
Global seafood processing equipment market segmentation by processing equipment:
- Slaughter machines
- Gutting machines
- Scaling machines
- Filleting machines
- Others (Deboning Machines, Skinning Machines, Curing, & Smoking Machines)
Global seafood processing equipment market segmentation by distribution channel:
- Food specialty stores/ Convenience stores
- Others (Fish Shops and Online stores)
Global seafood processing equipment market segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- BIRO Manufacturing Company
- Bizerba SE & Co. KG
- Freiremar S.A.
- Marel hf
- GEA Group AG
- Danish Fish Tech Group
- Nienstedt GmbH
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