The global surimi market by Fact.MR estimates that sales accounted for US$ 3.2 Bn in 2021, with the market projected to expand more than 1.8X by 2031.
The surimi market witnessed a favourable demand-supply scenario from 2016 to 2020 due to stable global production and rising demand. Demand for surimi is expected to continue to rise from the food service and food manufacturing sector, and also among consumers who prefer to cook at home.
Emphasis on raw material exploitation, utilisation of fisheries by-catch and underutilised species, stock evaluation, preservation of the environment, pollution control, and water consumption are expected to encourage manufacturers to invest in sustainable surimi manufacturing processes.
Furthermore, by-products of fish filleting could be used as an alternative for surimi production, providing several opportunities for seafood manufacturers to invest in a surimi processing line.
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Key Players in Surimi Market
- Aquamar Inc,
- Viciunia Group
- Trident Seafoods
- Pacific Seafood Group
- Glacier Fish Company
- Boston Salads & Prepared Foods
Key Surimi Market Survey Highlights and Projections
- Fact.MR analysis provides Surimi Market demand-supply assessment, revealing Surimi Market sales to grow from US$ 3.2 Bn in 2021 to US$ 5.8 Mn in 2031
- The report provides sales outlook on Surimi Market, opining Surimi Market revenues to register a CAGR of 6.1% during 2021-2031
- Surimi Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
- Surimi Market demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
- Japan and South Korea Surimi Market demand likely to grow at a steady clip during 2021-2031
Report Benefits & Key Questions Answered
- Surimi Market Company & brand share analysis: Company and brand share analysis on Surimi Market reveals how much market share is captured by Tier 1, Tier 2, and Tier 3 players
- Surimi Market Historical volume analysis: The industry analysis provides data & insights on historical volume sales of Surimi Market
- Surimi Market Category & segment level analysis: Fact.MR’s Surimi Market sales outlook offers category and segment level analysis on lucrative and nascent product types. Market players can use this information to identify sales potential and set sales targets at local, country, and regional level.
- Surimi Market Consumption by demographics: The market intelligence study provides consumption by demographics analysis so market players can design their product and marketing strategies on the basis of high-value consumers
- Post COVID consumer spending on Surimi Market: The report includes post COVID consumer spending analysis. This information will help business leads understand the shifts in purchasing power and behavior
- Manufacturing trend analysis: Vital information on how market players are aligning their manufacturing strategies with respect to evolving consumer sentiments
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What insights does the Surimi Market report provide to the readers?
- Surimi Market fragmentation on the basis of product type, end use, and region.
- Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
- Collaborations, R&D projects, acquisitions, and product launches of each Surimi Market player.
- Various regulations imposed by the governments on the consumption of Surimi Market in detail.
- By Species
- Fish Surimi
- Alaskan Pollock
- Atlantic Cod
- Black Bass
- Meat Surimi
- Pork Surimi
- Beef Surimi
- Fish Surimi
- By Form
- Fresh Surimi
- Processed Surimi
- Fresh Surimi
- By Sales Channel
- Direct Sales of Surimi
- Indirect Sales of Surimi
- Modern Trade
- Convenience Stores
- Specialty Food Stores
- Wholesale Stores
- Discount Stores
- Online Retail
- Other Retail Formats
- By Application
- Food Industry
- Pharmaceutical Industry
- Animal Feed
- Pet Food
- Food Service
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