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 Report Overview
The new market intelligence report published by research firm, Maximize Market Research, indicates the lucrative growth for Surimi Market suppliers in the forecast period. The Surimi market report includes the growth drivers, major restraints, upcoming challenges and prevailing opportunities in the global market.
Market Dynamics for Surimi:
Rising interest in seafood goods
The increasing demand for seafood items is driving up the surimi market. as consumers look for more convenient and healthful protein sources. In addition to satisfying dietary requirements and dietary allergies, surimi is a flexible seafood product that offers a lean protein replacement for conventional seafood. It is a well-liked option because of its adaptability to many other cuisines, particularly Asian food, as well as its improved flavour and texture. Its expansion has also been aided by sustainability, ease of use, and accessibility in developing countries, which reflects the need for seafood substitutes around the world.
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Scope and Research Methodology of the Surimi Market Report:
The Surimi market has undergone analysis on a global, regional, and country level, with a detailed breakdown into segments and regions. The report furnishes a thorough examination of the Surimi market dynamics, encompassing drivers, restraints, challenges, and opportunities, rendering it a valuable resource for investors. The competitive landscape section encapsulates insights into mergers, acquisitions, collaborations, and joint ventures within the Surimi industry.
Estimating the Surimi market size utilized a bottom-up approach. Key players in the Surimi market were identified through secondary research, and their revenues were ascertained via both primary and secondary research. Secondary research involved scrutinizing annual and financial reports from prominent manufacturers, while primary research entailed interviews with influential opinion leaders and Surimi industry experts, including skilled frontline personnel, entrepreneurs, and marketing professionals. Additionally, SWOT analysis was employed to outline the strengths, weaknesses, opportunities, and threats of key players in the Surimi industry.
The Division of Surimi Markets
by Type
Frozen surimi
Chilled surimi
Fresh surimi
By Type
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 flavour 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
by Distribution Channel
B2B
B2C
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Surimi Market Regional Analysis
This section of the report includes government initiatives in each region that contributes to global Surimi market growth. The Surimi market report includes a geographic condition of the market, market size and share as well as in-depth research into the business network structure, opportunities, and news updates. The report includes all the regions: North America, Europe, Asia Pacific, South America and Middle East and Africa.
Surimi 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)
Table of content for the Surimi Market includes:
Part 01: Executive Summary
Part 02: Scope of the Surimi Market Report
Part 03: Surimi Market Landscape
Part 04: Surimi Market Sizing
Part 05: Global Surimi Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Key Questions answered in the Surimi Market Report are:
- How has the Surimi market performed so far and how will it perform in the coming years?
- What is the market segmentation of the global Surimi market?
- What is the regional breakup of the global Surimi market?
- What are the price trends of various feedstocks in the Surimi industry?
- What is the structure of the Surimi industry and who are the key players?
- What are the various unit operations involved in a Surimi processing plant?
- What is the total size of land required for setting up a Surimi processing plant?
- What is the layout of a Surimi processing plant?
- What are the machinery requirements for setting up a Surimi processing plant?
- What are the raw material requirements for setting up a Surimi processing plant?
- What are the packaging requirements for setting up a Surimi processing plant?
- What are the transportation requirements for setting up a Surimi processing plant?
- What are the utility requirements for setting up a Surimi processing plant?
- What are the human resource requirements for setting up a Surimi processing plant?
- What are the infrastructure costs for setting up a Surimi processing plant?
- What are the capital costs for setting up a Surimi processing plant?
- What are the operating costs for setting up a Surimi processing plant?
- What should be the pricing mechanism of the final product?
- What will be the income and expenditures for a Surimi processing plant?
- What is the time required to break even?
- What are the profit projections for setting up a Surimi processing plant?
- What are the key success and risk factors in the Surimi industry?
- What are the key regulatory procedures and requirements for setting up a Surimi processing plant?
- What are the key certifications required for setting up a Surimi processing plant?
Key offerings:
- A detailed Market Overview
- Market Share
- Market Size
- Market Forecast by Revenue
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation- A detailed analysis of each segment and their segments
- Competitive Landscape - Leading key players and other prominent key players.
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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