Surimi Market Size, Share, Impressive Industry Growth, Industry demand Report , Companies, And Forecast 2030

Surimi Market Growth or Demand Increase or Decrease for what contains ?

The Surimi Market is experiencing steady growth driven by rising consumer demand for seafood products globally. Surimi, a versatile ingredient made from fish paste, is gaining popularity due to its use in a variety of processed seafood items such as imitation crab, fish balls, and seafood sticks. The market growth is particularly pronounced in Asia Pacific, where countries like Japan, South Korea, and Thailand are major consumers and producers of surimi-based products. In North America and Europe, there is increasing awareness and acceptance of surimi as a nutritious and affordable seafood alternative. Moreover, technological advancements in processing techniques and packaging are enhancing the shelf life and quality of surimi products, further boosting market demand. As consumer preferences shift towards healthier and convenient food options, the Surimi Market is expected to continue its growth trajectory in the coming years

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Surimi Market CAGR Estimation:

The Surimi Market was valued at USD 4.10 billion in 2023 and is expected to grow to USD 6.26 billion by 2030, at a CAGR of 6.2%.

Surimi Market Market Segmentation:

by Type

Frozen surimi
Chilled surimi
Fresh surimi

The surimi market is divided into three categories based on type: frozen, chilled, and fresh. With a 70% market share, the frozen surimi category leads the surimi market and is projected to grow at a 7% CAGR over the forecast period. For consumers who prefer to freeze products for later use, frozen surimi is more handy because it has a longer shelf life than fresh and chilled surimi. Furthermore, frozen surimi is more easily accessible for customers and is more readily available than other varieties in many places. The quality and flavor of frozen surimi products have been preserved thanks to advancements in freezing and packaging technologies, which will support the surimi market's growth in the upcoming years.

by Source

Tropical
Cold Water

Considering the source There are two segments in the surimi market: Tropical and Cold Water. The market was led by the tropical category in 2023, and this trend is expected to continue during the forecast period. Because it is less expensive than other seafood, this segment draws customers who are searching for an affordable way to enjoy seafood. Furthermore, tropical surimi uses fish species that are common in tropical areas, making it a more sustainable option for seafood than traditional seafood. Consequently, the greater market share of this category is probably due in part to the overall quantity of tropical fish.

by Distribution Channel

B2B
B2C

The Surimi Market is divided into two segments based on the distribution channel: Business to Business (B2B) and Business to Customer (B2C).
Over half of the global market was made up of the Business to Business (B2B) sector, which is predicted to continue dominating the market for the duration of the forecast. This is due to the rising demand from the developing market, the food processing industry, and the expanding popularity of surimi in the HoReCa sector. A wide range of businesses, including food processing, animal feed, and food services, employ surimi extensively. Sushi, seafood salads, soups, and other seafood-based foods are just a few of the many uses for the economical and adaptable surimi.
Conversely, it is anticipated that the B2C segment will expand over the projected time. Supermarkets and hypermarkets, convenience stores, and

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Surimi Market Market Overview:

The Maximize Market Research report assists clients in gaining a comprehensive understanding of the competitive landscape, serving as a valuable resource for strategic planning purposes. The comprehensive Surimi Market market overview furnishes extensive information regarding market size, trade statistics, prominent participants, and a range of market indicators, encompassing aspects such as life cycle, prevailing trends, and more.

Surimi Market Growth or Demand in which regions??

The Surimi Market shows significant growth across various regions globally, driven by increasing consumption of seafood products and growing popularity of surimi-based items. Asia Pacific leads the market, with countries like Japan, South Korea, and Thailand being major producers and consumers of surimi. The region benefits from a strong culinary tradition that incorporates surimi into various dishes like sushi and fish cakes. In North America and Europe, there is a rising demand for surimi due to its versatility in seafood substitutes and health-conscious food choices. These regions are witnessing increased adoption of surimi in processed foods and snacks, contributing to market expansion. Additionally, Latin America and other emerging markets are experiencing growing interest in surimi-based products as dietary habits evolve and consumer awareness of seafood alternatives increases

Surimi Market Market Scope Methodology:

The competitive landscape of the Surimi Market market encompasses aspects like technology adoption, financial strength, portfolio, mergers and acquisitions, joint ventures, and strategic alliances. A comprehensive report delves into the drivers, limitations, opportunities, and challenges inherent in the Surimi Market market. The report employed a bottom-up approach to ascertain Surimi Market market estimations and growth rates.To gain insights into Surimi Market market penetration, pricing dynamics, demand analysis, and competitive panorama, the report executed regional analysis at local, regional, and global levels. Essential details about the Surimi Market market, including stakeholders, investors, and new entrants, are presented to facilitate the development of marketing strategies and investment plans.Both primary and secondary data gathering techniques were employed for the Surimi Market Market. Primary approaches involved surveys, questionnaires, and interviews with industry leaders and business proprietors, while secondary data encompassed sources like press releases, annual and financial reports, white papers, etc. SWOT analysis was leveraged to pinpoint market vulnerabilities and weaknesses, while the PORTER framework was applied to gauge industry competitiveness within the Surimi Market Market.

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Surimi Market Market Key Players:

1. Viciunai Group (Lithuania)
2. Trans-Ocean Products (USA)
3. Seaprimexco Vietnam (Vietnam)
4. Thong Siek Global (Thailand)
5. Gadre Marine (India)
6. Ocean More Foods Co., Ltd. (China)
7. APITOON (Thailand)
8. Luck Union Foods (Thailand)
9. Sugiyo Co., Ltd. (Japan)
10. Aquamar Inc. (Canada)
11. Fujimitsu Corporation (Japan)
12. SeaPak (USA)

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Key questions answered in the Surimi Market Market are:

What is Surimi Market ?
What is the growth rate of the Surimi Market Market?
Which are the factors expected to drive the Surimi Market market growth?
What are the different segments of the Surimi Market Market?
What are the factors restraining the growth of the Surimi Market Market?
What is the demand pattern of the Surimi Market Market?
What major challenges could the Surimi Market Market face in the future?

Global Stick Packaging Market https://www.maximizemarketresearch.com/market-report/global-stick-packaging-market/31823/

Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size Forecast by different segment |
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective

About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Surimi Market Size, Share, Impressive Industry Growth, Industry demand Report , Companies, And Forecast 2030

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