Global Newswire says that the “North America Frozen Seafood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
The North America frozen seafood market reached a value of US$ 13.4 Billion in 2020. Looking forward, the North America frozen seafood market to continuously grow during the forecast period (2021-2026).
Frozen seafood products are the products that are frozen in order to prevent the bacterial growth, preserve their taste and nutritional value, and enhance their overall shelf-life.
Cryofreezing is the most popular technique used for the processing of a number of seafood products like shrimp, salmon, tuna, tilapia, etc. These products are rich in micronutrients, proteins, fatty acids that are essential for health and are currently being preferred over the canned and fresh seafood products across the region.
The increasing demand of convenience foods such as ready-to-eat (RTE) and ready-to-cook (RTC) products coupled with the increasing health consciousness among the consumers currently represent the major factors driving the frozen seafood products market in North America.
The RTE and RTC products reduce the preparation time and are gaining attention among the working population with busy and hectic lifestyles. The rising consumer awareness about the health benefits of seafood associated with eyes & heart health coupled with the lifestyle changes are also leading to an increased demand for such products.
Furthermore, the growing demand for frozen seafood as a thickening agent in various food-processing applications has also fueled the market growth.
Other factors driving the industry include advancement in freezing technologies, technological innovations, better supply chain solutions, increasing premiumization of products, rising population, increasing urbanization, etc. Read the rest of the report here.