Global Seafood Processing Equipment Market

Seafood Processing Equipment Market Size, Share, Growth Analysis, By Equipment Types (Gutting, Scaling), By Seafood Type (Finfish, Crustaceans), By Product (Frozen, Smoked), By Region -Industry Forecast 2025-2032


Report ID: SQMIG30C2156 | Region: Global | Published Date: December, 2024
Pages: 178 | Tables: 92 | Figures: 68

Seafood Processing Equipment Market Insights

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.

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FAQs

Global Seafood Processing Equipment Market size was valued at USD 2.27 Billion in 2022 and is poised to grow from USD 2.35 Billion in 2023 to USD 3.09 Billion by 2031, growing at a CAGR of 3.5% during the forecast period (2024-2031).

The seafood processing equipment market is highly competitive, with a mix of well-known global players and local operators. Leading companies focused on innovation, product development and strategic partnerships on to strengthen their market position. Key brands such as Marel, GEA Group, Baader Group and JBT Corporation lead the market with a strong global presence and comprehensive product portfolio. These companies emphasize automation, smart technology, and multi-energy solutions to meet changing customer needs. Marel, for example, offers advanced fish processing solutions that integrate robotics and IoT to increase operational efficiency and traceability. 'Baader Global SE (Germany)', 'Marel (Iceland)', 'GEA Group Aktiengesellschaft (Germany)', 'Biro Manufacturing (U.S.)', 'Arenco AB (China)', 'Polar Systems Ltd. (U.K.)', 'Uni-Food Technic (Denmark)', 'Optimar AS (Norway)', 'SEAC AB (Sweden)', 'JBT (U.S.)', 'Cabinplant A/S (Denmark)', 'M.T.C. Food Equipment, Inc. (U.S.)'

Increasing consumption of fresh seafood driven by changing food preferences and increasing health consciousness is a major driver of the seafood processing equipment market. Furthermore, increasing demand for seafood in emerging markets such as Asia-Pacific and Latin America, driven by increased urbanization and disposable income drives the market growth. Factors innovations in refrigeration, filleting and packaging technologies to meet these demands have led to the adoption of seafood processing technologies worldwide.

Integration of Automation and Smart Technology: The integration of process automation and smart technology into seafood processing is changing the industry. The device is becoming increasingly popular with advanced features such as IoT connectivity, data analytics and real-time analytics. Automation not only improves efficiency but also improves consistency, reduces waste and reduces dependence on labour. Companies are using artificial intelligence and machine learning to optimize processes, increasing overall business efficiency. This trend is expected to shape the future of the seafood processing equipment market, with a focus on sustainability and equity.

The North America region in the seafood processing equipment market is growing due to advanced technological infrastructure, stringent food safety regulations and strong presence of leading market players. There is a high demand for marine products, driven by consumer demand for convenience and high-quality options. Investments in automation, robotics, and sustainable manufacturing technologies have expanded, and enables North American companies to maintain a competitive advantage. Moreover, stricter regulations like FDA is forcing seafood producers to adopt state-of-the-art equipment, further strengthening the region’s dominance.

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Global Seafood Processing Equipment Market

Report ID: SQMIG30C2156

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