Surimi Market Development Status ,Competitive Analysis And Worldwide Opportunities

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 Overview

The report encompasses an overview of the Surimi market, encompassing its definition and structure, alongside discussions about preventive and pre-planned management strategies. It plays a pivotal role in discerning the future potential of the Surimi Market over the forecast period. Through the presentation of a market overview using pertinent topics underscored with distinct data tailored to requirements, the report assists in formulating decisions on how to strategically engage with the Surimi industry.

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Surimi Market Report Scope and Research Methodology

The report offers a comprehensive assessment of the global Surimi Market, encompassing an anticipation of revenue growth at global, regional, and country levels. Furthermore, it presents a detailed scrutiny of the latest trends within each segment of the Surimi market. The analysis provided is both qualitative and quantitative, featuring an exhaustive exploration of key Surimi market drivers, restraints, opportunities, and challenges. The report also encompasses a value chain analysis, PESTLE Analysis, Porter’s Five Forces model, competitive landscape evaluation, benchmarking of key players, examination of market dynamics, value-based market forecasts, and future trends within the Surimi market. SWOT analysis is employed to outline the strengths and weaknesses of key competitors within the industry.

Surimi Market Segmentation

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

Cold Water

By Source

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


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Surimi Market Regional Insights

Geographically, the report is segmented into several key countries with detailed analysis including market size, growth rate, import and export, which covers North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.

Surimi 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 Addressed in This Report:

  • 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?

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