DUBLIN--(BUSINESS WIRE)--The "European Frozen Seafood Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The European frozen seafood market reached a value of US$ 22.4 Billion in 2020. Looking forward, the European frozen seafood market to exhibit moderate growth during the next five years.
Fish and seafood products are considered a great substitute for red meat as they are a rich source of proteins, micronutrients and essential fatty acids. Freezing helps in retaining the nutrients of fish and seafood and allows year-round availability which makes it easy to include these products in a healthy and balanced diet.
Currently, Europe represents one of the largest consumers of frozen seafood across the world. This can be attributed to the introduction of innovative frozen seafood products along with growing awareness of the various health benefits offered by these products.
Report Scope
Break up by Product Type:
On the basis of product type, there are a number of frozen seafood products available in the market for the varying needs, tastes and preferences of the consumers. Currently, ground fish accounts for the majority of the total market share.
Break up by Distribution Channel:
On the basis of distribution channels, discount retailers represent the dominant segment as they offer frozen seafood products at a lower price. They are followed by supermarkets and hypermarkets, specialty stores and others.
Regional Insights:
On a geographical front, the market has been segmented as Germany, France, Italy, Spain, United Kingdom and Others.
Competitive Landscape:
The market consists of numerous small and large players who compete in terms of prices and quality. The report provides an insight into the competitive landscape along with the profiles of the key players operating in this market.
Europe Frozen Seafood Market Drivers:
- Product premiumisation is one of the major factors driving the growth of the European frozen seafood industry. Local as well as international players are consistently improving their product quality and expanding the product portfolio to make their brand appealing to consumers.
- One of the primary factors is the convenience offered by frozen seafood products due to which they have gained wider acceptance in the region. Attributes of frozen seafood such as high nutrition, cost-effectiveness, maximum freshness and a longer shelf-life have made them a suitable option for consumers leading a busy and hectic lifestyle.
- Furthermore, growing health consciousness among consumers, rise in aquaculture industry, increasing cold chain management, etc. are some of the drivers responsible for bolstering the growth of the frozen seafood market in Europe.
Key Questions Answered in This Report:
- How has the European frozen seafood market performed so far and how will it perform in the coming years?
- What are the key regions in the European frozen seafood market?
- What has been the impact of COVID-19 on the European frozen seafood market?
- Which are the popular product types in the European frozen seafood market?
- Which are the key distribution channels in the European frozen seafood market?
- What are the price trends of frozen seafood in Europe?
- What are the various stages in the value chain of the European frozen seafood market?
- What are the key driving factors and challenges in the European frozen seafood market?
- What is the structure of the European frozen seafood market and who are the key players?
- What is the degree of competition in the European frozen seafood market?
For more information about this report visit https://www.researchandmarkets.com/r/4t2zj5
