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Global Surimi Market to reach USD XX billion by the end of 2029.

Global Surimi Market Size study & Forecast, by Distribution Channel (Direct Sales, Retail Sales, Supermarkets and Hypermarkets, Online Retails, and Wet Market), Source (Alaska Pollock, Pacific Whiting, Silver Carp, and Others), and Packaging (Chilled or fresh, Frozen) and Regional Analysis, 2022-2029

Product Code: OIRFB-92890802
Publish Date: 17-10-2022
Page: 200

Global Surimi Market is valued approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Surimi is a Fish paste made with inexpensive fishers. It is generally made with combination of Alaskan pollock, sugar and sorbitol. Surimi is said be high in omega 3’s, which promotes weight loss and help fight inflammation. It is also used in preparation of different types of processed food items. The increasing consumption of Sea Food Worldwide and growing number of health-conscious individuals as well as strategic initiatives from leading market players are key factors accelerating the market growth.
According to Statista – during 2020, the global seafood market was estimated at USD 253 billion, and the market is projected to grow to USD 336 billion dollars by 2025. Also, growing penetration of Horeca (hotels, Restaurants, Cafes) Chains worldwide and rising consumption of Salads & Assorted snacks would create lucrative growth prospectus for the market over the forecast period. However, volatile cost of raw materials impedes the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Surimi Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading region in terms of market share owing to rising consumption of Surimi as well as growing number of health consciousness individuals in the region. Whereas Asia Pacific is expected to grow significantly during the forecast period, owing to factors such as rising consumption of seafood as well as increasing penetration of quick service restaurants in the region.

Major market player included in this report are:
Aquamar Inc.
Viciunia Group
Trident Seafoods
Pacific Seafood Group
SeaPak
Glacier Fish Company
Boston Salads & Prepared Foods
Arctic Storm Management Group
OceanFood Sales Ltd.
Maruha Nichiro Group

Recent Developments in the Market:
 In December 2021, seafood firm Aquamar Holdings completed acquisition of Shining Ocean based in Washington, USA. Shining Ocean is leading manufacturer of Surimi in North American region.

 In June 2022, Pokeworks, announced collaboration with Aquamar, North America based Surimi manufacturer. Through this collaboration both the players would launch a Limited Time Offer (LTO) Spicy, Crunchy Surimi Bowl.

Global Surimi Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Distribution Channel, Source, Packaging, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Distribution Channel
Direct Sales
Retail Sales
Supermarkets and Hypermarkets
Online Retails
Wet Market
By Source
Alaska Pollock
Pacific Whiting
Silver Carp
Others
By Packaging
Chilled or fresh
Frozen
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
1.2.1. Surimi Market, by Region, 2019-2029 (USD Billion)
1.2.2. Surimi Market, by Distribution Channel, 2019-2029 (USD Billion)
1.2.3. Surimi Market, by Source, 2019-2029 (USD Billion)
1.2.4. Surimi Market, by Packaging, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Surimi Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Surimi Market Dynamics
3.1. Surimi Market Impact Analysis (2019-2029)
3.1.1. Market Drivers
3.1.1.1. Increasing consumption of Sea Food Worldwide.
3.1.1.2. Growing number of health-conscious individuals.
3.1.1.3. Strategic initiatives from leading market players.
3.1.2. Market Challenges
3.1.2.1. Volatile Cost of Raw materials.
3.1.3. Market Opportunities
3.1.3.1. Growing penetration of Horeca Chains worldwide.
3.1.3.2. Rising consumption of Salads & Assorted snacks.
Chapter 4. Global Surimi Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario
Chapter 6. Global Surimi Market, by Distribution Channel
6.1. Market Snapshot
6.2. Global Surimi Market by Distribution Channel, Performance – Potential Analysis
6.3. Global Surimi Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
6.4. Surimi Market, Sub Segment Analysis
6.4.1. Direct Sales
6.4.2. Retail Sales
6.4.3. Supermarkets and Hypermarkets
6.4.4. Online Retails
6.4.5. Wet Market
Chapter 7. Global Surimi Market, by Source
7.1. Market Snapshot
7.2. Global Surimi Market by Source, Performance – Potential Analysis
7.3. Global Surimi Market Estimates & Forecasts by Source 2019-2029 (USD Billion)
7.4. Surimi Market, Sub Segment Analysis
7.4.1. Alaska Pollock
7.4.2. Pacific Whiting
7.4.3. Silver Carp
7.4.4. Others
Chapter 8. Global Surimi Market, by Packaging
8.1. Market Snapshot
8.2. Global Surimi Market by Packaging, Performance – Potential Analysis
8.3. Global Surimi Market Estimates & Forecasts by Packaging 2019-2029 (USD Billion)
8.4. Surimi Market, Sub Segment Analysis
8.4.1. Chilled or Fresh
8.4.2. Frozen
Chapter 9. Global Surimi Market, Regional Analysis
9.1. Surimi Market, Regional Market Snapshot
9.2. North America Surimi Market
9.2.1. U.S. Surimi Market
9.2.1.1. Distribution Channel breakdown estimates & forecasts, 2019-2029
9.2.1.2. Source breakdown estimates & forecasts, 2019-2029
9.2.1.3. Packaging breakdown estimates & forecasts, 2019-2029
9.2.2. Canada Surimi Market
9.3. Europe Surimi Market Snapshot
9.3.1. U.K. Surimi Market
9.3.2. Germany Surimi Market
9.3.3. France Surimi Market
9.3.4. Spain Surimi Market
9.3.5. Italy Surimi Market
9.3.6. Rest of Europe Surimi Market
9.4. Asia-Pacific Surimi Market Snapshot
9.4.1. China Surimi Market
9.4.2. India Surimi Market
9.4.3. Japan Surimi Market
9.4.4. Australia Surimi Market
9.4.5. South Korea Surimi Market
9.4.6. Rest of Asia Pacific Surimi Market
9.5. Latin America Surimi Market Snapshot
9.5.1. Brazil Surimi Market
9.5.2. Mexico Surimi Market
9.6. Rest of The World Surimi Market

Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Aquamar Inc.
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Viciunia Group
10.2.3. Trident Seafoods
10.2.4. Pacific Seafood Group
10.2.5. SeaPak
10.2.6. Glacier Fish Company
10.2.7. Boston Salads & Prepared Foods
10.2.8. Arctic Storm Management Group
10.2.9. OceanFood Sales Ltd.
10.2.10. Maruha Nichiro Group
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

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