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The North America frozen seafood market reached a value of about USD 71.86 billion in 2023. The industry is further expected to grow at a CAGR of about 4.1% in the forecast period of 2024-2032.
North America Frozen Seafood Market Size
North America Frozen Seafood Market Growth
North America Frozen Seafood Companies
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the North America frozen seafood market attained a value of nearly USD 71.86 billion.
The market is projected to grow at a CAGR of 4.1% between 2024 and 2032.
The major drivers of the market include rising disposable incomes, increasing demand for ready-to-eat (RTE) foods, increasing population, growing demand for seafood due to its health benefits, and the presence of advanced technologies in North America.
The key trends guiding the market growth include the premiumisation of frozen goods and rapid advancements in freezing technologies.
The different types of the product available in the market include shrimp, salmon, tuna, tilapia, pangasius, and catfish, among others.
The various sectors considered in the market are retail and institutional.
The different distribution channels of the product include supermarkets and hypermarkets, convenience stores, speciality stores, and online, among others.
The major countries of frozen seafood considered in the North America market are the United States and Canada.
The leading players in this market are Beaver Street Fisheries, Inc., Lerøy Seafood Group, Trident Seafoods Corporation, Pacific American Fish Company, Inc., The Fishin' Company, High Liner Foods Incorporated, and Crystal Cove Seafood Corporation, among others.
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