The worldwide Seafood Processing Machinery Market is driven by increasing health consciousness, shifting trend of customers towards nourishing food products, growing disposable revenue of the population, and widespread accessibility of various fish species. The end user sectors have been focusing on rendering high quality products due to shifting preference of consumers towards longer shelf and healthy seafood. This is anticipated to prompt high seafood processing machinery requirement over the upcoming years. In addition, rising issues about added substances used in such food products and safe disposing of by-products to put off natural defilement hamper the development of this market. Furthermore, scales, bones, and fish skin being stacked sources of gelatin, collagen, calcium phosphate, and other vital natural and inorganic components can be used as a part of covering bases and soil treatment.
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Key Market Players:
reiremar S.A
John West Foods
Seattle Fish Company
Marine Harvest
Manitowoc Cranes
Thai Union Group
Royal Greenland
Tesco PLC
Baader Co.
Pescanova
GEA Group.
Market Overview:
The Seafood Processing Machinery Market was worth USD 1.28 billion in the year 2014 and is expected to reach approximately USD 1.89 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 4.39% during the forecast period.
Regional Outlook:
Europe and North America are the most essential seafood processing machinery markets around the world. European market is foreseen to run down with its offer to high improvement economies of Latin America and Asia Pacific by virtue of abnormal state of advancement and slow demand especially from end-use enterprises in the region. The prominence of seafood processing machinery market ubiquity from different regions, for example, Latin America and Asia Pacific is probably going to upgrade by virtue of developing income alongside changing client interest towards processed seafood for the most part in promising economies, for example, India and China.
The Seafood Processing Machinery Market is segmented as follows-
By Machinery Type
Gutting Machines
Scaling Machines
Slaughter Machines
Filleting Machines
Other Machines
By Distribution Channel
Supermarkets
Food Specialty Stores
Hypermarkets
Convenient Stores
Other Distribution Channels
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