North America Frozen Seafood Market Report and Forecast 2025-2034
Market Report I 2025-08-11 I 128 Pages I EMR Inc.
The North America frozen seafood market reached a value of about USD 71.86 Billion in 2024. The industry is further expected to grow at a CAGR of about 4.10% in the forecast period of 2025-2034to reach value of around USD 107.40 Billion by 2034.
Increased Penetration of Supermarkets and Hypermarkets to Aid the Frozen Seafood Industry Growth in North America
The frozen seafood market in North America is growing at a healthy pace due to multiple factors, such as the rising urbanisation, rise in the working population base, and increasing popularity of ready-to-cook foods. Based on distribution channel, supermarkets and hypermarkets accounted for a major share in the industry. This can be attributed to the wide variety available through these channels and the high market penetration of supermarket chains across the region. The improvement of cryogenic technologies has also helped the market to expand in further interior regions. Besides the US, Canada has a high growth potential and the country is expected to account for a significant market share in the forecast period.
Frozen Seafood: Market Segmentation
Frozen seafood products are those that have been frozen to deter bacterial growth, retain their flavour and nutritional value, and extend their shelf life. Cryofreezing is the most popular method for preparing a variety of seafood items. These products are high in micronutrients, proteins, and fatty acids, and they are currently favoured over canned and fresh seafood in the country.
The North America frozen seafood industry can be classified by type into:
- Shrimp
- Salmon
- Tuna
- Tilapia
- Pangasius
- Catfish
- Others
The market can be divided by sector into:
- Retail
- Institutional
The market can be divided by distribution channel as follows:
- Supermarkets and Hypermarkets
- Convenience Stores
- Speciality Stores
- Online
- Others
The regional markets for North America frozen seafood can be divided into:
- United States of America
- Canada
Changes in Eating Habits Bolstering the Market Growth
The market for frozen seafood products in North America is currently being driven by the rising demand for fast foods such as ready-to-eat (RTE) and ready-to-cook (RTC) products, as well as the rising consumer awareness about health. The RTE and RTC products save time in the kitchen and are gaining popularity among working people who lead busy lives. Consumer knowledge of the nutritional benefits of seafood for eyes and heart health, as well as changing lifestyles, are driving up the demand for these items. In addition, rapid advancements in freezing technology, improved supply chain options, the premiumisation of goods, growing population, and increasing urbanisation are further propelling the industry forward.
Key Industry Players in the North America Frozen Seafood Market
The report gives a detailed analysis of the following key players in the North America frozen seafood market , covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
- Beaver Street Fisheries, Inc.
- Leroy Seafood Group
- Trident Seafoods Corporation
- Pacific American Fish Company, Inc.
- The Fishin' Company
- High Liner Foods Incorporated
- Crystal Cove Seafood Corporation
- Others
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
1 Executive Summary
1.1 Market Size 2024-2025
1.2 Market Growth 2025(F)-2034(F)
1.3 Key Demand Drivers
1.4 Key Players and Competitive Structure
1.5 Industry Best Practices
1.6 Recent Trends and Developments
1.7 Industry Outlook
2 Market Overview and Stakeholder Insights
2.1 Market Trends
2.2 Key Verticals
2.3 Key Countries
2.4 Supplier Power
2.5 Buyer Power
2.6 Key Market Opportunities and Risks
2.7 Key Initiatives by Stakeholders
3 Economic Summary
3.1 GDP Outlook
3.2 GDP Per Capita Growth
3.3 Inflation Trends
3.4 Democracy Index
3.5 Gross Public Debt Ratios
3.6 Balance of Payment (BoP) Position
3.7 Population Outlook
3.8 Urbanisation Trends
4 Country Risk Profiles
4.1 Country Risk
4.2 Business Climate
5 North America Frozen Seafood Market Analysis
5.1 Key Industry Highlights
5.2 North America Frozen Seafood Historical Market (2018-2024)
5.3 North America Frozen Seafood Market Forecast (2025-2034)
5.4 North America Frozen Seafood Market by Type
5.4.1 Shrimp
5.4.1.1 Historical Trend (2018-2024)
5.4.1.2 Forecast Trend (2025-2034)
5.4.2 Salmon
5.4.2.1 Historical Trend (2018-2024)
5.4.2.2 Forecast Trend (2025-2034)
5.4.3 Tuna
5.4.3.1 Historical Trend (2018-2024)
5.4.3.2 Forecast Trend (2025-2034)
5.4.4 Tilapia
5.4.4.1 Historical Trend (2018-2024)
5.4.4.2 Forecast Trend (2025-2034)
5.4.5 Pangasius
5.4.5.1 Historical Trend (2018-2024)
5.4.5.2 Forecast Trend (2025-2034)
5.4.6 Catfish
5.4.6.1 Historical Trend (2018-2024)
5.4.6.2 Forecast Trend (2025-2034)
5.4.7 Others
5.5 North America Frozen Seafood Market by Sector
5.5.1 Retail
5.5.1.1 Historical Trend (2018-2024)
5.5.1.2 Forecast Trend (2025-2034)
5.5.2 Institutional
5.5.2.1 Historical Trend (2018-2024)
5.5.2.2 Forecast Trend (2025-2034)
5.6 North America Frozen Seafood Market by Distribution Channel
5.6.1 Supermarkets and Hypermarkets
5.6.1.1 Historical Trend (2018-2024)
5.6.1.2 Forecast Trend (2025-2034)
5.6.2 Convenience Stores
5.6.2.1 Historical Trend (2018-2024)
5.6.2.2 Forecast Trend (2025-2034)
5.6.3 Speciality Stores
5.6.3.1 Historical Trend (2018-2024)
5.6.3.2 Forecast Trend (2025-2034)
5.6.4 Online
5.6.4.1 Historical Trend (2018-2024)
5.6.4.2 Forecast Trend (2025-2034)
5.6.5 Others
5.7 North America Frozen Seafood Market by Country
5.7.1 United States
5.7.2 Canada
6 Regional Analysis
6.1 United States
6.1.1 Historical Trend (2018-2024)
6.1.2 Forecast Trend (2025-2034)
6.2 Canada
6.2.1 Historical Trend (2018-2024)
6.2.2 Forecast Trend (2025-2034)
7 Market Dynamics
7.1 SWOT Analysis
7.1.1 Strengths
7.1.2 Weaknesses
7.1.3 Opportunities
7.1.4 Threats
7.2 Porter's Five Forces Analysis
7.2.1 Supplier's Power
7.2.2 Buyers Power
7.2.3 Threat of New Entrants
7.2.4 Degree of Rivalry
7.2.5 Threat of Substitutes
7.3 Key Indicators for Demand
7.4 Key Indicators for Price
8 Value Chain Analysis
9 Trade Data Analysis
9.1 Major Importing Countries
9.1.1 By Volume
9.1.2 By Value
9.2 Major Exporting Countries
9.2.1 By Volume
9.2.2 By Value
10 Price Analysis
10.1 United States Historical Price Trends (2018-2024) and Forecast (2025-2034)
10.1.1 Frozen Fish
10.1.2 Frozen Shrimp and Prawn
10.1.3 Frozen Crab
10.2 Canada Historical Price Trends (2018-2024) and Forecast (2025-2034)
10.2.1 Frozen Fish
10.2.2 Frozen Shrimp and Prawn
10.2.3 Frozen Crab
11 Competitive Landscape
11.1 Supplier Selection
11.2 Key Global Players
11.3 Key Regional Players
11.4 Key Player Strategies
11.5 Company Profiles
11.5.1 Beaver Street Fisheries, Inc.
11.5.1.1 Company Overview
11.5.1.2 Product Portfolio
11.5.1.3 Demographic Reach and Achievements
11.5.1.4 Certifications
11.5.2 Leroy Seafood Group
11.5.2.1 Company Overview
11.5.2.2 Product Portfolio
11.5.2.3 Demographic Reach and Achievements
11.5.2.4 Certifications
11.5.3 Trident Seafoods Corporation
11.5.3.1 Company Overview
11.5.3.2 Product Portfolio
11.5.3.3 Demographic Reach and Achievements
11.5.3.4 Certifications
11.5.4 Pacific American Fish Company, Inc.
11.5.4.1 Company Overview
11.5.4.2 Product Portfolio
11.5.4.3 Demographic Reach and Achievements
11.5.4.4 Certifications
11.5.5 The Fishin' Company
11.5.5.1 Company Overview
11.5.5.2 Product Portfolio
11.5.5.3 Demographic Reach and Achievements
11.5.5.4 Certifications
11.5.6 High Liner Foods Incorporated
11.5.6.1 Company Overview
11.5.6.2 Product Portfolio
11.5.6.3 Demographic Reach and Achievements
11.5.6.4 Certifications
11.5.7 Crystal Cove Seafood Corporation
11.5.7.1 Company Overview
11.5.7.2 Product Portfolio
11.5.7.3 Demographic Reach and Achievements
11.5.7.4 Certifications
11.5.8 Others
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