Surimi Market Forecast 2023-2030: Industry Trends and Growth Analysis

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Surimi  Market Insights Unveiled:

Embark on a riveting journey through the realms of the Surimi  Market with the cutting-edge market intelligence of a distinguished global research firm. Immerse yourself in a rich tapestry of data and captivating visual representations that decode the enigmatic trends of both regional and global markets. This comprehensive report reveals the market’s deepest ambitions, shedding luminous beams on the foremost competitors, their market valuation, trendy strategies, targets, and trailblazing products. Venture further into the past and present as this report illuminates the market’s recent growth and unfurls its illustrious history, igniting the minds of all stakeholders.

Anticipated Growth in Revenue:

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%.

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Unleashing the Market’s Potential:

Plunge into the depths of market dynamics as the research report unveils the secrets of trending competitors, their growth trajectory, and the mesmerizing dance of market dynamics. Unravel the mysteries of regional and global market value and demand, discerning the beating heart of the competitive landscape and the untapped potential in production, demand, and supply. Behold the kaleidoscope of market segmentation, where the psychographic, demographic, geographic, and behavioral elements harmonize, shaping marketing strategies, bespoke products, alluring offers, and unforgettable customer experiences. Harness the power of Porter’s analysis to gauge the potency of organizations’ competitive positions, propelling them to new heights of profitability. Peer into the crystal ball of Pestle analysis, unveiling the validation of existing products and services within the cosmic context. Finally, let the SWOT analysis shed light on the inner strengths, weaknesses, opportunities, and threats, orchestrating the symphony of a company’s destiny. This unparalleled report bequeaths a comprehensive and captivating overview of the enigmatic Surimi  Market.

Segmentation: The Art of Unveiling

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

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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

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. Convenience stores, online, hypermarkets & supermarkets, and others make up B2C. The supermarket and hypermarket industry made for over 30% of the B2C market in 2023. This is

Key Players: Masters of the Market Arena

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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Regional Revelations

Be immersed in the grandeur of formal, functional, and vernacular regional analyses, where the fiery crucible of demand ignites the business landscapes of Asia Pacific, North America, Latin America, the Middle East, Europe, and Africa. Behold the splendor of distinct targets, strategies, and market values, harmonizing the symphony of success in each captivating region.

Enter the sanctuary of the market report to unveil the sacred answers that elude curious minds:

  • Unveil the essence of the mystical Surimi  Market.
  • Journey through the mists of time with the forecast period of the Surimi  Market.
  • Gaze into the swirling dance of competition in the captivating Surimi  Market.
  • Ascertain the realm where the greatest market share lies within the Surimi  Market.
  • Embrace the alluring opportunities that beckon in the Surimi  Market.
  • Unravel the hidden forces shaping the growth of the enigmatic Surimi  Market.
  • Encounter the revered guardians of the Surimi  Market – the illustrious key players.
  • Discover the titan reigning supreme, holding the largest share in the resplendent Surimi  Market.
  • Venture into the realm of the Compound Annual Growth Rate (CAGR), unveiling the forecast for the Surimi  Market’s enchanting future.
  • Foretell the enchanting trends that shall emerge from the mystical depths of the Surimi  Market in the years to come.

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Key Offerings – The Bountiful Treasures

  • Bestow upon your quest the treasure map, leading to Market Share, Size, and Revenue Forecast| 2022-2029.
  • Equip yourself with the magic key – Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends.
  • Unlock the hidden gates of Market Segmentation, where the arcane secrets of Surimi # await your perusal.
  • Stand among the giants as you survey the Landscape – Leading key players and other illustrious participants.

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