Snapshot img

Frozen Fish And Seafood Market Size 2024-2028

The frozen fish and seafood market size is forecast to increase by USD 34.6 billion at a CAGR of 8.07% between 2023 and 2028.

The market is experiencing significant growth, driven by the increasing demand for convenience and innovation in packaging solutions. Consumers are increasingly turning to frozen fish and seafood as a convenient alternative to fresh options, particularly in regions with limited access to fresh seafood or for those seeking to reduce food waste. Moreover, advancements in frozen food technology have led to improved packaging methods, ensuring the preservation of taste, texture, and nutritional value. However, this market is not without challenges. Stiff competition from fresh and canned fish and seafood presents a significant hurdle for market growth. Consumers often perceive fresh options to be of higher quality and more authentic in taste. Additionally, the perception of frozen food as less healthy than fresh alternatives can limit market penetration. Companies in the market must focus on addressing these consumer perceptions through targeted marketing and product innovation to capitalize on the growing demand for convenience and expand their market share.

What will be the Size of the Frozen Fish And Seafood Market during the forecast period?

Request Free SampleThe market in the United States is a dynamic and expanding sector, driven by several key factors. Consumer lifestyle trends, such as health consciousness and convenience, have fueled the demand for high-quality, convenient, and time-saving food options. The market's size is substantial, with a significant portion of seafood and fish being consumed in frozen form. Microorganisms and food wastage are critical considerations in the frozen fish and seafood industry. Premium seafood companies are investing in advanced technologies to ensure the freshness and safety of their products. Culinary applications, such as meal planning and culinary experimentation, continue to drive innovation in the market. The frozen seafood products segment, including fish, shellfish, and aquatic delicacies, is a major contributor to the market's growth. The availability of a diverse range of offerings, from The Sirena's premium offerings to High Liner Foods' value-added options, caters to various consumer preferences and budgets. The frozen seafood market is a global industry, with export destinations spanning the globe. reports that the market is expected to grow at a steady pace, driven by increasing consumer awareness of the nutritional benefits of seafood, particularly its high protein content. The Frozen Food Leaders Association's Seafood Expo showcases the latest trends and innovations in the industry, attracting industry professionals and buyers from around the world. The MRFR database and other market research providers provide valuable insights into the market's size, growth, and direction.

How is this Frozen Fish And Seafood Industry segmented?

The frozen fish and seafood industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2024-2028, as well as historical data from 2018-2022 for the following segments. End-userFood processing industryFood service providerRetail and householdAnimal feed and pet foodDistribution ChannelOfflineOnlineGeographyEuropeFranceGermanySpainAPACChinaNorth AmericaUSSouth AmericaMiddle East and Africa

By End-user Insights

The food processing industry segment is estimated to witness significant growth during the forecast period.The market encompasses the production and distribution of a diverse range of products, including fish fillets, shrimp, surimi, and crab meat. Processing techniques involve freezing, canning, packaging, and value-additions like marination, breading, and seasoning. This segment significantly contributes to market growth, transforming raw seafood into convenient, ready-to-eat options. Food processing companies prioritize innovation in processing technologies, sustainable practices, and new product development to cater to health-conscious consumers and regulatory requirements. Microorganisms are carefully managed during processing to ensure food safety assurance. Sustainability is a key focus, with companies adhering to sustainable fishing practices, eco-friendly fishing methods, and minimizing seafood wastage. Shelf life is extended through packaging technologies, preserving the nutritious qualities of aquatic delicacies. Essential nutrients, such as minerals, proteins, vitamins, and omega-3 fatty acids, are preserved, making seafood a nutritious option. Culinary innovations and convenience are driving factors, with time-saving food options and convenience stores increasing the availability of frozen seafood products. Frozen fish and seafood companies cater to various retail channels, including departmental

The North America Frozen and Canned Seafood Market is segmented by Type (Fish, Shrimp), by Distribution Channel (Off-Trade, On-Trade) and by Country (Canada, Mexico, United States). Market value in USD and market volume in tonnes are presented. Key data points observed include production and price.

The United States frozen fish and seafood market was valued at USD 31.85 Billion in 2024. The industry is expected to grow at a CAGR of 1.30% during the forecast period of 2025-2034 to attain a valuation of USD 36.24 Billion by 2034.

Learn about the expected growth of the frozen fish and seafood market in the United States over the next decade, driven by increasing demand. Market volume is projected to reach 2M tons by 2035, with a value of $13.8B.

The US Fish & Seafood Markets are experiencing steady demand as consumer preferences increasingly lean toward healthier, sustainable and convenient options. This trend is largely driven by a heightened awareness of seafood's nutritional benefits and growing concerns about environmental impact, which boost demand for sustainably sourced products. In response, retailers and wholesalers have expanded their product ranges to include everything from fresh to frozen seafood and prepared meals. However, the sector faces challenges, including supply chain disruptions, rising inflation costs and transportation expenses. Industry-wide revenue has been growing at a CAGR of 2.5% over the past five years and is expected to total $4.3 billion in 2024 when revenue will rise by an estimated 1.2%. In recent years, the sector has navigated a complex environment. On one side, the interest in fish as a lean protein source has grown, influenced by global health trends. While demand for fresh and frozen seafood remains stable, issues like overfishing, seafood sustainability and climate change's influence on fish populations have complicated market dynamics. The pandemic added another layer, causing many consumers to shift toward frozen and packaged seafood because of restaurant closures and social distancing, spurring growth in home cooking and meal preparation. The next five years will significantly change the Fish & Seafood Markets. Awareness of sustainable sourcing will increase the popularity of responsibly farmed and wild-caught options. Plant-based seafood alternatives are predicted to gain traction as consumer preferences shift toward plant-based proteins. Also, the rise of online grocery shopping is set to impact how seafood is purchased, with a growing number of retailers offering fresh and frozen options through e-commerce platforms. As health trends persist, demand for high-quality, convenient seafood will remain strong, positioning the industry for ongoing growth. In turn, industry revenue is forecast to grow a CAGR of 0.6% over the five years through 2029 to total $4.4 billion.

The United States Seafood Market is segmented by Type (Fish, Shrimp), by Form (Canned, Fresh / Chilled, Frozen, Processed) and by Distribution Channel (Off-Trade, On-Trade). Market value in USD and market volume in tonnes are presented. Key data points observed include production and price.

United States Seafood Market size was valued at USD 25.46 Billion in 2024 and is projected to reach USD 33.52 Billion by 2032, growing at a CAGR of 3.5% from 2025 to 2032.

United States Seafood Market: Definition/ Overview

Seafood encompasses a diverse range of edible marine organisms, including fish, shellfish, and aquatic plants. It constitutes a significant source of protein and essential nutrients for human consumption, encompassing both wild-caught and farmed varieties. The seafood industry plays a vital role in global food security and economic development.

Seafood serves as a vital source of protein and essential nutrients in human diets, contributing to a balanced and healthy lifestyle. Beyond human consumption, seafood byproducts are utilized in various industries, including the production of animal feed, pharmaceuticals, and cosmetics. Furthermore, certain seafood species play crucial roles in marine ecosystems, contributing to biodiversity and maintaining the ecological balance of our oceans.

The US fish and seafood wholesale industry has undergone considerable changes in recent years, influenced by shifting consumer preferences, technological advancements, and global market dynamics. As an essential intermediary between seafood producers and retailers, wholesalers have faced increasing pressure to adapt to emerging trends. Despite these challenges, the industry remains a stable contributor to the US economy, though its growth has slowed because of market saturation. Still, industry-wide revenue has grown at a CAGR of 0.9% due to surging seafood prices over the past five years. It's expected to total $23.9 billion in 2025, when revenue will drop an estimated 0.9% and profit will shrink to 2.3% of revenue. Over the past five years, the industry has navigated a complex landscape marked by rising demand for sustainable practices, the emergence of alternative seafood products, and heightened competition from global imports. Sustainability has evolved from a niche interest to a widespread expectation, propelled by consumer demand and stricter regulatory standards. Also, technological advancements in traceability and supply chain management have become essential for maintaining product quality and compliance. However, expanding plant-based and lab-grown seafood has introduced a disruptive challenge, forcing traditional wholesalers to innovate or risk losing market share. Globalization has added another layer of complexity, with fluctuating trade policies and tariffs contributing to market volatility. Looking forward, the industry is set to encounter both challenges and opportunities. The emphasis on sustainability will strengthen, making eco-certifications and transparent supply chains industry norms. Technological innovations, particularly in automation and real-time tracking, will continue to improve efficiency but may also create higher entry barriers for smaller companies. The increasing popularity of alternative seafood will compel traditional wholesalers to diversify their offerings to stay competitive. Moreover, the industry must adeptly navigate an increasingly globalized market, balancing the risks and benefits of expanded international trade. Industry revenue is forecast to expand at a CAGR of 1.1% through the end of 2030 to total $25.2 billion.

Learn about the projected growth of the frozen fish and seafood market in the United States over the next decade, with an anticipated increase in market volume and value. Find out what factors are driving this growth and how it may impact the industry.

This statistic shows the usage of frozen prepared seafood and fish in the United States from 2011 to 2020 and a forecast thereof until 2024. The data has been calculated by Statista based on the U.S. Census data and Simmons National Consumer Survey (NHCS). According to this statistic, ****** million Americans used frozen prepared seafood and fish in 2020. This figure is projected to increase to ****** million in 2024.

The size of the North America Frozen and Canned Seafood Market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 6.04% during the forecast period. Frozen and canned seafood are essential components of the global food market, offering consumers convenient and nutritious options. Frozen seafood refers to fish and shellfish that have been rapidly frozen to preserve freshness and extend shelf life. This process maintains the quality, flavor, and nutritional value of the seafood, making it a popular choice for home cooks and restaurants alike. Frozen seafood is available in various forms, including whole fish, fillets, shrimp, and calamari, and is often sourced from both wild catches and aquaculture. Its accessibility allows consumers to enjoy seafood year-round, regardless of the season. Canned seafood, on the other hand, involves cooking and sealing fish or shellfish in a can, usually with added water, oil, or sauces. Common examples include canned tuna, salmon, sardines, and mackerel. The canning process not only provides an extended shelf life but also enhances the convenience factor, making it easy for consumers to incorporate seafood into their meals without the need for extensive preparation. Additionally, canned seafood is often more affordable than fresh or frozen options, appealing to budget-conscious shoppers. Recent developments include: August 2022: The Marine Stewardship Council (MSC) awarded American Tuna, Inc. a 2022 MSC US Ocean Champion Award for their continued dedication to seafood sustainability and ocean health.August 2022: Bolton Group acquired Wild Planet Foods, the innovation leader and pioneer in the natural and sustainably caught canned seafood market in the United States. Going forward, Bolton Group and Wild Planet will work together on a path toward a best-in-class sustainable supply chain.May 2022: Trident Seafood Corporation has planned to build a "next-generation processing plant" in Alaska's Aleutian Islands to replace the facility in Akutan. The plant increased its capacity to produce surimi and recover larger volumes of secondary products, including pollock, roe, fishmeal, and fish oil.. Key drivers for this market are: Increasing Focus on Maintaining Health and Well-Being, Launching Supplements For Specific Purposes and Targeted Population. Potential restraints include: Supplement Consumption and Their Side-effects, Inclination Towards Substitute Products. Notable trends are: OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT.

Explore the projected growth in the frozen fish and seafood market in the United States over the next decade, driven by increasing consumer demand. Market volume is expected to reach 2M tons by 2035, with a value of $15.1B.

In 2024, the frozen seafood market was valued at USD 21,995.1 million. Frozen seafood demand showed growth in 2025 implying that the international market would be pegged at USD 23,380.7 million by 2025. During the forecast period (2025-2035), global sales are estimated to display an impressive 5.7% CAGR and be valued at USD 45,094.4 million by end of 2035.

Attributes	Description
Estimated Global Frozen Seafood Industry Size (2025E)	USD 23,380.7 million
Projected Global Frozen Seafood Industry Value (2035F)	USD 45,094.4 million
Value-based CAGR (2025 to 2035)	5.7%

Semi-Annual Market Update

Particular	Value CAGR
H1(2024 to 2034)	5.3%
H2(2024 to 2034)	5.5%
H1(2025 to 2035)	5.6%
H2(2025 to 2035)	5.7%

Country-wise Insights

Country	CAGR2025 to 2035
USA	3.4%
Germany	2.1%
China	4.7%
Japan	0.8%
India	5.5%

Category-Wise Insights

Segment	Value Share (2025)
Processed (By Form)	41.5%

Segment	Value Share (2025)
Retail/Household (By End Use)	37.8%

Seafood producers have been navigating unsteady economic conditions, reflected in heightened revenue volatility. As the pandemic hit, seafood prices began to climb. Producers initially struggled to reach end buyers, as distribution channels endured disruptions and food service markets shrunk. The easing of pandemic-related restrictions resulted in a short-lived spike in sales, as consumer demand for seafood surged and producers used the opportunity to pass on mounting seafood prices. In the pandemic's wake, seafood consumption eased but prices remained high, putting producers in a difficult position. Revenue has been shrinking at a CAGR of 0.6% over the past five years and is expected to reach $15.7 billion in 2025 when it will drop 0.3%. Competition between domestic seafood producers and imported brands is fierce. Producers often sell the same or similar products, competing based on price. Imports from regions with far lower labor costs than the US can easily out-compete domestic producers based on price and offer buyers a variety of seafood unavailable outside their region. In recent years, even as seafood consumption slumped, the value of imports surged, capturing a growing share of domestic demand. The heightened pricing pressure has constrained profit for domestic producers concurrently contending with growing seafood prices, forcing many to streamline operations, seek niche markets or risk losing market share entirely. Over the next five years, producers will benefit from rising domestic demand for seafood from wholesalers, fish markets and supermarkets. The availability of fish and shellfish inputs will expand as aquacultures strengthen production and harvest totals. Perhaps most importantly, both seafood prices and per capita seafood consumption will stabilize, growing at a steady pace. These trends will enable producers to expand operations. Revenue is forecast to expand at a CAGR of 1.7% over the next five years, reaching an estimated $17.1 billion in 2030.

The North America Seafood Market is segmented by Type (Fish, Shrimp), by Form (Canned, Fresh / Chilled, Frozen, Processed), by Distribution Channel (Off-Trade, On-Trade) and by Country (Canada, Mexico, United States). Market value in USD and market volume in tonnes are presented. Key data points observed include production and price.

Statistics illustrates market overview of frozen fish and seafood in the United States from 2007 to 2024.

Market Overview:

The global Frozen Seafood sales market is expected to grow at a CAGR of 5.5% during the forecast period, 2018-2028. The growth in the market can be attributed to the increasing demand for seafood products due to their nutritional benefits and rising disposable incomes of consumers across the globe. In terms of type, shrimp held a dominant share in the global frozen seafood sales market in 2017 and is expected to maintain its lead during the forecast period. Crustaceans are projected to be one of the fastest-growing segments during 2018-2028 owing to their high nutritional value and health benefits. Among applications, supermarkets and hypermarkets accounted for a major share of the global frozen seafood sales market in 2017; however, convenience stores are projected to witness the highest growth rate over the next decade on account of changing consumer preferences toward ready-to-eat food items.

Product Definition:

Frozen seafood is defined as fish or shellfish that have been harvested and then frozen for the purpose of long-term storage. This type of seafood can be found in a variety of forms, including whole fish, fillets, Steaks, cutlets, nuggets, burgers, sticks, and more. It is generally safe to eat frozen seafood as long as it has been properly stored at a temperature of 0°F (-18°C) or below.

Shrimps:

Shrimp is a type of seafood that is widely consumed all over the world. They are an excellent source of protein and are low in calories, making them a healthy choice for those looking to lose weight or maintain a healthy weight. shrimp are also a good source of omega-3 fatty acids, which have been shown to have numerous health benefits, including reducing inflammation, lowering cholesterol levels, and improving brain function.

Crustaceans:

Crustaceans are a type of seafood that includes crabs, lobsters, shrimp, and krill. They have a hard chitin-based exoskeleton. Crustaceans may be tiny or colossal and can be found in both saltwater and freshwater environments. Humans consume crustaceans as food all around the world, although they are also used in the production of pharmaceuticals, cosmetics, and other products. Many corporations utilize crustacean meat in the manufacture of pharmaceuticals and cosmetics.

Application Insights:

On the basis of application, the Frozen Seafood Sales market is divided into supermarkets and hypermarkets, convenience stores, and other retail types. The Supermarket and Hypermarket segment dominated the global frozen seafood sales market in 2020 and is projected to grow at a CAGR of 6.9% throughout the forecast period. During the projection period, online stores and other retail venues such as specialty stores and foodservice outlets are expected to be the fastest-growing segments.

Regional Analysis:

North America dominated the market and held more than 40% of the global share. Because of increasing demand from the United States coupled with rising consumer awareness regarding frozen seafood products' health advantages, such as low-calorie content and high nutritional value, the region is anticipated to grow at a significant rate over the next few years. The Asia-Pacific is projected to grow at a rapid pace during the forecast period. This can be accredited to growing disposable incomes, changing lifestyles, and an increasing number of working women in the region. The frozen seafood industry in Europe is also flourishing, with Spain, Germany, Italy, and France as the key contributors.

Growth Factors:

• Increasing demand for seafood in developing countries as a result of changing food habits and rising disposable incomes.
• The growing popularity of frozen seafood as a healthy and convenient food option, especially among health-conscious consumers.
• Rising awareness about the nutritional benefits of seafood among consumers is driving them to include more frozen seafood in their diet.
• The proliferation of supermarkets and other retail outlets that sell frozen seafood products at affordable prices is aiding in the growth of this market segment globally.

Report Scope

Report Attributes	Report Details
Report Title	Frozen Seafood Sales Market Research Report

In terms of value, imports of frozen fish and seafood reached $1.2 billion in July 2023.

Discover how the frozen fish market in the United States is expected to grow over the next decade, with market volume projected to reach 1.2M tons by 2035. Despite a decrease in value terms, the market is forecasted to increase in demand, driven by consumer preferences for frozen seafood products.

product market has been steadily increasing over recent years, and forecasts suggest a substantial growth trajectory in the upcoming period.

ATTRIBUTES	DETAILS
STUDY PERIOD	2018-2031
BASE YEAR	2023
FORECAST PERIOD	2024-2031
HISTORICAL PERIOD	2018-2022
UNIT	VALUE (USD MILLION)
KEY COMPANIES PROFILED	Amcor, Genpak, Sealed air, Ardagh Group, Berry Group, Pactiv (Reynolds), DS Smith, LINPAC, Mondi Group
SEGMENTS COVERED	By Product Type - Flexible Packaging, Rigid Packaging By Application - Frozen Fish, Frozen Shrimp, Frozen Shellfish, Others By Sales Channels - Direct Channel, Distribution Channel By Geography - North America, Europe, Asia-Pacific, South America, Middle East and Africa