NORTH AMERICA FROZEN AND CANNED SEAFOOD MARKET - SIZE, SHARE, COVID-19 IMPACT & FORECASTS UP TO 2028

 The market for canned and frozen seafood in North America is anticipated to grow at a CAGR of 1.12%. With a value rise of 5.98% in 2021 over the prior year, the segment of frozen/canned fish held the largest market share. The expanding demand for convenience foods, such as ready-to-eat (RTE) and ready-to-cook (RTC) items, and rising consumer health consciousness are the main factors affecting the North American market for frozen fish products.

Market value for canned and frozen fish increased by 38.75% between 2016 and 2021. The demand for simple-to-prepare and simple-to-consume food is rising as a result of busy lifestyles, expanding urbanization, and high disposable incomes.

The demand for premium fish and seafood from sustainable sources is increasing at an astounding rate. Over 36% of all seafood consumed in North America is fish that has been frozen or canned. Since seafood is perishable, it needs to be handled carefully as soon as it is taken out of the ocean. As a result, supermarkets and hypermarkets provide extremely quick freezing procedures that assist preserve the freshness of frozen or canned fish for a long period.

Major Players: High Liner Foods Inc., Mowi ASA, Sysco Corporation, Thai Union Group PCL and Trident Seafood Corporation


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