Report ID: SQMIG30C2156
Report ID:
SQMIG30C2156 |
Region:
Global |
Published Date: December, 2024
Pages:
178
|
Tables:
92 |
Figures:
68
Seafood Processing Equipment Market size was valued at USD 2.35 Billion in 2023 and is poised to grow from USD 2.43 Billion in 2024 to USD 3.2 Billion by 2032, growing at a CAGR of 3.5% during the forecast period (2025-2032).
The increasing global demand for seafood due to population growth and changing dietary preferences increases the need for processing. Increased awareness of the nutritional value of seafood, including omega-3 fatty acids, encourages increased seafood consumption. Stricter government regulations on food and related services are expected to increase consumer inclination towards seafood. Increasing income, demographics, urbanization and health literacy are expected to fuel the seafood processing equipment market growth.
The demand for tasty and nutritious food products is increasing exponentially every year, with a rising population and an increased need to fulfill its food requirements. Rising healthcare consciousness in Europe and North America and developing regions including Asia-Pacific is predicted to fuel growth during the forecast period.
The Global Aquatic Practices Alliance (GAA) regulates Best Aquatic Practices (BAP) certification standards for the seafood processing equipment industry, aquaculture facilities, farms and restaurants. Overall, the regulatory framework enforces manufacturers for a selection of custom equipment and can continue for the next eight years.
The demand for seafood has increased dramatically in recent years. The rise in protein consumption is largely due to consumer recognition of the benefits of a high-calorie diet. The industry has witnessed favourable market conditions and trading conditions due to increase in fish production. Growing demand for aquaculture is also expected to fuel the market growth.
The seafood products are governed by certifications, regulations and standards set by governments. Meeting food standards and safety guidelines is the primary objective of those involved in the value chain.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG30C2156