Frozen Fish And Seafood Market Size & Share Analysis - Growth Trends And Forecast (2024 - 2031)
By Distribution Channels;
Online Retail, Supermarket & Hypermarket, Convenience Stores, Specialty Stores and OthersBy Type;
Frozen Shrimps, Frozen Fish, Frozen Shellfish, Frozen Mollusks and OthersBy Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)Frozen Fish And Seafood Market Overview
Frozen Fish And Seafood Market (USD Million)
Frozen Fish And Seafood Market was valued at USD 7,937.87 million in the year 2024. The size of this market is expected to increase to USD 13,255.30 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.6%.
Frozen Fish And Seafood Market
*Market size in USD million
CAGR 7.6 %
| Study Period | 2026 - 2032 |
|---|---|
| Base Year | 2025 |
| CAGR (%) | 7.6 % |
| Market Size (2025) | USD 7,937.87 Million |
| Market Size (2032) | USD 13,255.30 Million |
| Market Concentration | Medium |
| Report Pages | 302 |
Major Players
- Iglo Group
- Shanghai Kaichuang
- Lyons Seafoods
- Hansung Enterprise
- Surapon Foods Public
- Tassal Group
- Toyo Suisan Kaisha
- Austevoll Seafood
- Sajo Industries
Market Concentration
Consolidated - Market dominated by 1 - 5 major players
Frozen Fish And Seafood Market
Fragmented - Highly competitive market without dominant players
Frozen Fish and Seafood Market is expanding steadily as consumers embrace protein-rich and convenient food choices. Nearly 60% of overall seafood sales are attributed to frozen formats, showcasing their growing role in daily diets. Consistency in quality and affordability further strengthen this demand.
Health Benefits Encouraging Adoption
The appeal of nutrient-rich frozen seafood continues to drive market growth. More than 45% of buyers prefer frozen varieties for their retained protein and omega-3 content, along with extended freshness. This balance of health and convenience is positioning frozen seafood as a trusted household choice.
Technological Advances in Processing
The sector is advancing through cutting-edge processing and freezing technologies. Close to 35% of recent developments emphasize rapid-freezing techniques and better cold-chain management, ensuring superior taste and texture. These innovations are expanding accessibility and consumer trust in frozen seafood.
Sustainable and Smart Packaging
The role of sustainable packaging innovations is becoming increasingly vital. Around 25% of packaging improvements are focused on eco-friendly materials and enhanced preservation features, providing both environmental benefits and longer product shelf life.
Strong Growth Outlook
frozen fish and seafood market is on a strong upward trajectory, supported by health-driven choices, advanced technologies, and sustainable solutions. Studies reveal that over 55% of households include frozen seafood in their diets, affirming its essential place in modern food consumption.
Frozen Fish And Seafood Market Key Takeaways
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The increasing demand for convenience foods is driving the consumption of frozen fish and seafood, especially in emerging markets where busy lifestyles are prevalent.
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Consumers are shifting towards sustainably sourced products, with a growing preference for eco-certified and traceable fish, aligning with global trends towards responsible consumption.
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Technological innovations in flash freezing and IQF (Individually Quick Frozen) techniques are enhancing product quality, preserving texture, flavor, and nutritional value.
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The rise of plant-based and alternative seafood products is providing competition to traditional frozen offerings, with major seafood brands diversifying their portfolios to include plant-based options.
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Retail channels, particularly online grocery platforms, are expanding rapidly as consumers embrace the convenience of ordering frozen fish and seafood directly to their homes.
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Demand from restaurants and foodservice sectors remains strong, with frozen fish and seafood offering cost-effective and long shelf-life solutions for commercial kitchens.
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While North America and Europe dominate the market, Asia-Pacific is expected to see the highest growth due to rising disposable incomes and increasing seafood consumption in the region.
Frozen Fish And Seafood Market Recent Developments
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In January 2023, Brasmar Group acquired Holmes Seafood to strengthen its footprint and distribution in the frozen seafood wholesale segment.
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In June 2025, High Liner Foods acquired the Mrs. Paul’s and Van de Kamp’s frozen seafood brands from Conagra, expanding its branded portfolio in retail.
Frozen Fish And Seafood Market Segment Analysis
In this report, the Frozen Fish and Seafood Market has been segmented by Distribution Channels, Type, and Geography.
Frozen Fish and Seafood Market, Segmentation by Distribution Channels
The Frozen Fish and Seafood Market is segmented by Distribution Channels into Online Retail, Supermarket & Hypermarket, Convenience Stores, Specialty Stores, and Others. The supermarket and hypermarket segment remains the largest due to the broad consumer reach and the variety of frozen seafood products offered. Online retail has seen significant growth, driven by the rise of e-commerce and consumer preference for convenience.
Online Retail
Online retail has been rapidly gaining traction, particularly in regions where consumers prefer the convenience of home delivery. This distribution channel is expected to continue its growth, driven by the rising adoption of e-commerce and online grocery shopping platforms.
Supermarket & Hypermarket
Supermarkets and hypermarkets dominate the frozen fish and seafood market due to their extensive reach and variety of products. These stores provide consumers with a one-stop shopping experience, offering frozen fish and seafood alongside other grocery items, making them a primary choice for buyers.
Convenience Stores
Convenience stores offer consumers a quick, accessible option for purchasing frozen seafood products, particularly in urban areas. While this segment holds a smaller market share, its growth is fueled by increasing demand for ready-to-cook meals and frozen snacks.
Specialty Stores
Specialty stores focusing on high-quality frozen seafood are popular in regions with a strong consumer preference for premium products. These stores cater to customers seeking specific seafood varieties and gourmet options, contributing to steady growth in niche markets.
Others
This category includes alternative channels such as foodservice providers, wholesalers, and independent retailers, which cater to a range of consumers looking for bulk purchases or specific frozen seafood items.
Frozen Fish and Seafood Market, Segmentation by Type
The market is segmented by Type into Frozen Shrimps, Frozen Fish, Frozen Shellfish, Frozen Mollusks, and Others. Frozen fish holds the largest market share, driven by widespread consumer demand for various species like salmon, cod, and tilapia. Frozen shrimp and shellfish are growing rapidly due to their versatility and popularity in global cuisine.
Frozen Shrimps
Frozen shrimp is a leading segment in the market, accounting for a substantial share due to its versatility in cooking and its strong demand in various cuisines. This segment benefits from increasing consumption in both developed and emerging markets.
Frozen Fish
Frozen fish, including popular varieties like salmon, cod, and tilapia, dominates the market. The demand for frozen fish is driven by the growing popularity of seafood as a healthy protein source, alongside convenience and long shelf life.
Frozen Shellfish
Frozen shellfish, including lobsters, crabs, and mussels, is increasingly in demand due to the rising consumer preference for seafood that requires less preparation time. This segment is growing at a steady rate, particularly in premium markets.
Frozen Mollusks
Frozen mollusks, such as oysters and clams, are a smaller yet significant part of the market, driven by their popularity in high-end restaurants and specialty food markets. This segment is expanding as more consumers seek premium seafood options.
Others
This category includes other frozen seafood products such as fish roe, anchovies, and exotic seafood items, which cater to niche markets and specialized culinary needs.
Frozen Fish and Seafood Market, Segmentation by Geography
The Frozen Fish and Seafood Market is analyzed across key geographic regions including North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. The demand for frozen fish and seafood varies by region based on consumer preferences, dietary habits, and regional regulations on seafood sourcing and sustainability.
Regions and Countries Analyzed in this Report
North America
North America dominates the frozen fish and seafood market, particularly in the United States, where demand for frozen fish, shrimp, and shellfish is driven by their widespread use in both retail and foodservice sectors. The growing focus on sustainable seafood sourcing further supports the market in this region.
Europe
Europe’s frozen fish and seafood market is characterized by strong demand across countries like the UK, Norway, and Spain. The demand is fueled by the increasing awareness of the health benefits of seafood, particularly in the Mediterranean diet, and growing consumer interest in premium seafood products.
Asia Pacific
Asia Pacific is witnessing significant growth in the frozen fish and seafood market, driven by the rising consumption of seafood in countries like China, Japan, and India. The demand is fueled by increasing disposable income, changing dietary habits, and the growing popularity of seafood-based cuisines.
Middle East & Africa
The Middle East & Africa market for frozen fish and seafood is expanding, with rising demand from both foodservice sectors and increasing consumer interest in seafood-based meals. The region is also becoming a hub for seafood imports and distribution across Africa.
Latin America
Latin America is seeing steady growth in the frozen fish and seafood market, driven by large-scale production in countries like Chile and Brazil. Export opportunities and increasing demand from both domestic consumers and international markets are contributing to the market's expansion.
Frozen Fish And Seafood Market Forces
This report provides an in depth analysis of various factors that impact the dynamics of Frozen Fish and Seafood Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Comprehensive Market Impact Matrix
This matrix outlines how core market forces Drivers, Restraints and Opportunities affect key business dimensions including Growth, Competition, Customer Behavior, Regulation, and Innovation.
| Market Forces ↓ / Impact Areas → | Market Growth Rate | Competitive Landscape | Customer Behavior | Regulatory Influence | Innovation Potential |
|---|---|---|---|---|---|
| High impact (e.g., tech adoption, rising demand) | Encourages new entrants and fosters expansion | Increases usage and enhances demand elasticity | Often aligns with progressive policy trends | Fuels R&D initiatives and product development | |
| Restraints | Slows growth (e.g., high costs, supply chain issues) | Raises entry barriers and may drive market consolidation | Deters consumption due to friction or low awareness | Introduces compliance hurdles and regulatory risks | Limits innovation appetite and risk tolerance |
| Opportunities | Unlocks new segments or untapped geographies | Creates white space for innovation and M&A | Opens new use cases and shifts consumer preferences | Policy shifts may offer strategic advantages | Sparks disruptive innovation and strategic alliances |
Drivers, Restraints and Opportunity Analysis
Drivers
- Growth in Health-Conscious Consumer Preferences
- Expansion of Aquaculture and Sustainable Fishing Practices
- Rising Disposable Incomes
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Technological Advancements in Cold Chain Logistics - Technological advancements in cold chain logistics have revolutionized the frozen fish and seafood market, enhancing efficiency, safety, and sustainability throughout the supply chain. Cold chain logistics refers to the management of temperature-sensitive products, such as frozen fish and seafood, from production and processing to distribution and retail, ensuring that products maintain optimal quality and safety standards throughout their journey.
One significant advancement in cold chain logistics is the integration of real-time monitoring and tracking systems. These systems utilize IoT (Internet of Things) technology, sensors, and data analytics to monitor temperature, humidity, and other environmental conditions during transportation and storage. Real-time monitoring enables proactive management of temperature fluctuations and potential hazards, ensuring that frozen fish and seafood remain within specified temperature ranges to prevent spoilage and maintain freshness. This technology also facilitates transparency and traceability, providing stakeholders with valuable insights into product conditions and supply chain performance.
Cold chain logistics advancements also encompass improvements in transportation and distribution infrastructure. Advanced refrigeration systems, refrigerated trucks, and cold storage facilities equipped with energy-efficient technologies contribute to reducing energy consumption and carbon emissions while maintaining product integrity. These infrastructure enhancements support the scalability and reliability of the frozen fish and seafood supply chain, enabling manufacturers and retailers to meet growing consumer demand for high-quality, safe, and sustainable seafood products.
Restraints
- Seasonal Variations in Supply and Demand
- Environmental Impact and Sustainability Concerns
- Perishability and Quality Maintenance Challenges
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Competition from Fresh Seafood Alternatives - Competition from fresh seafood alternatives poses a significant challenge to the frozen fish and seafood market, driven by consumer preferences for perceived quality, taste, and nutritional benefits associated with freshly caught or locally sourced seafood. Fresh seafood is often favored for its superior flavor, texture, and aroma, which are perceived to be preserved better without freezing. This preference is particularly strong among consumers who prioritize the sensory experience and culinary versatility offered by freshly prepared seafood dishes.
Logistical considerations also contribute to the competition between frozen and fresh seafood options. While frozen fish and seafood offer convenience, longer shelf life, and year-round availability, fresh alternatives appeal to consumers seeking immediate consumption and the ability to select seafood based on seasonal availability, freshness indicators, and sustainability certifications. The artisanal sourcing and local sourcing often associated with fresh seafood further enhance its appeal, particularly among consumers who prioritize sustainability, traceability, and ethical sourcing practices in their seafood purchases.
Competition from fresh seafood alternatives presents both challenges and opportunities for manufacturers in the global frozen fish and seafood market. By focusing on quality assurance, innovation in freezing technologies, and consumer education, stakeholders can differentiate their products, expand market share, and meet the diverse preferences and expectations of today's discerning consumers for convenient, high-quality seafood options. Continued investment in product development and strategic marketing initiatives will be crucial for maintaining competitiveness and driving growth in this dynamic and competitive market landscape.
Opportunities
- Penetration into Emerging Markets
- Adoption of Eco-Friendly Packaging Solutions
- Expansion of Online Retail Channels
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Innovation in Processing Technologies - Innovation in processing technologies is pivotal in revolutionizing the global frozen fish and seafood industry, enhancing efficiency, quality, and sustainability throughout the production and distribution chain. These advancements encompass a spectrum of innovations aimed at improving processing speed, product quality, safety, and environmental impact.
One area of innovation lies in the development of advanced freezing techniques. Rapid freezing methods, such as cryogenic freezing and blast freezing, enable seafood products to be frozen quickly at ultra-low temperatures. This rapid freezing process minimizes ice crystal formation within the seafood, preserving its natural texture, flavor, and nutritional content. Additionally, advancements in individual quick freezing (IQF) technology allow seafood items to be frozen individually, enhancing convenience for consumers and reducing thawing times, thereby maintaining product quality and minimizing waste.
Innovation in processing technologies plays a transformative role in shaping the global frozen fish and seafood industry. By embracing advancements in freezing techniques, automation, and sustainable practices, manufacturers can enhance product quality, improve operational efficiency, and meet the growing demand for safe, high-quality seafood products in domestic and international markets. Continued investment in research and development, coupled with collaboration across industry stakeholders, will drive further innovation and sustainability in seafood processing, ensuring a resilient and competitive seafood industry for the future.
Frozen Fish And Seafood Market Competitive Landscape Analysis
Frozen Fish And Seafood Market is experiencing significant transformation, driven by evolving consumer preferences and technological advancements. Key players are adopting strategies such as mergers, partnerships, and innovation to enhance their market presence. These initiatives aim to meet the growing demand for convenient, sustainable, and high-quality frozen seafood products.
Market Structure and Concentration
The frozen fish and seafood industry exhibits a fragmented structure, with numerous regional and international players. While some companies have achieved significant market share, the overall concentration remains moderate. This dynamic fosters healthy competition and encourages continuous innovation and expansion across various market segments.
Brand and Channel Strategies
Leading brands are focusing on strengthening their brand equity through targeted marketing and product differentiation. Distribution strategies are evolving, with a growing emphasis on online retail channels and partnerships with foodservice providers. These approaches aim to enhance accessibility and cater to the diverse preferences of consumers.
Innovation Drivers and Technological Advancements
Technological advancements play a crucial role in the industry's growth. Innovations in freezing techniques, such as Individual Quick Freezing (IQF), and sustainable packaging solutions are enhancing product quality and shelf life. These developments are pivotal in meeting consumer demand for convenient and environmentally friendly seafood options.
Regional Momentum and Expansion
Regional markets are witnessing varied growth trajectories. In regions like Asia Pacific, there is a surge in demand driven by urbanization and changing dietary habits. Companies are focusing on regional expansion strategies, including establishing local processing facilities and strengthening supply chains to cater to the increasing consumer base.
Future Outlook
The future of the frozen fish and seafood market appears promising, with sustained growth anticipated. Continued innovation, strategic partnerships, and expansion into emerging markets are expected to drive the industry's development. Companies that adapt to consumer trends and invest in technological advancements will likely lead in this evolving market landscape.
Key players in Frozen Fish and Seafood Market include:
- Maruha Nichiro Corporation
- Mowi ASA
- Nippon Suisan Kaisha Ltd.
- Thai Union Group PCL
- High Liner Foods Inc.
- Dongwon Industries Co., Ltd.
- Trident Seafoods Corporation
- Nomad Foods
- Pacific American Fish Company, Inc.
- Beaver Street Fisheries, Inc.
- Sysco Corporation
- New Pescanova
- Cooke Aquaculture Inc.
- Clearwater Seafoods Inc.
- Frosta AG
In this report, the profile of each market player provides following information:
- Market Share Analysis
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Distribution Channels
- Market Snapshot, By Type
- Market Snapshot, By Region
- Frozen Fish & Seafood Market Forces
- Drivers, Restraints and Opportunities
- Drivers
- Growth in Health-Conscious Consumer Preferences
- Expansion of Aquaculture and Sustainable Fishing Practices
- Rising Disposable Incomes
- Technological Advancements in Cold Chain Logistics
- Restraints
- Seasonal Variations in Supply and Demand
- Environmental Impact and Sustainability Concerns
- Perishability and Quality Maintenance Challenges
- Competition from Fresh Seafood Alternatives
- Opportunities
- Penetration into Emerging Markets
- Adoption of Eco-Friendly Packaging Solutions
- Expansion of Online Retail Channels
- Innovation in Processing Technologies
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- BargainingPower of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Frozen Fish And Seafood Market, By Distribution Channels, 2021 - 2031 (USD Million)
- Online Retail
- Supermarket & Hypermarket
- Convenience Stores
- Specialty Stores
- Others
- Frozen Fish And Seafood Market, By Type, 2021 - 2031 (USD Million)
- Frozen Shrimps
- Frozen Fish
- Frozen Shellfish
- Frozen Mollusks
- Others
- Frozen Fish And Seafood Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Frozen Fish And Seafood Market, By Distribution Channels, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Maruha Nichiro Corporation
- Mowi ASA
- Nippon Suisan Kaisha Ltd.
- Thai Union Group PCL
- High Liner Foods Inc.
- Dongwon Industries Co., Ltd.
- Trident Seafoods Corporation
- Nomad Foods
- Pacific American Fish Company, Inc.
- Beaver Street Fisheries, Inc.
- Sysco Corporation
- New Pescanova
- Cooke Aquaculture Inc.
- Clearwater Seafoods Inc.
- Frosta AG
- Company Profiles
- Analyst Views
- Future Outlook of the Market

