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Report
Seafood Processing Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-11-24 I 145 Pages I IMARC Group
The global seafood processing equipment market size reached US$ 1.9 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.6 Billion by 2028, exhibiting a growth rate (CAGR) of 5.37% during 2022-2028.
Seafood processing equipment is used to recover valuable processing byproducts and improve the efficiency of seafood processing facilities. It offers several advantages, such as removing process water from larger solids effectively, minimizing maintenance and transportation costs, and reducing waste volume in treatment processes. At present, it is available in a vast range of innovative equipment, which is utilized depending on the type of seafood. For instance, equipment made of stainless steel with long service life, simple operation, and high reliability find application in processing different fish species, such as salmon and pollock.
Seafood Processing Equipment Market Trends:
Seafood processing leads to a significant amount of wastewater with relatively high concentrations of biological oxygen demand (BOD) and total suspended solids (TSS). This represents one of the major factors driving the demand for seafood processing equipment to control odor from the storage and cooking of products and comply with stringent food waste disposable regulations. Moreover, changing lifestyles, along with the increasing health consciousness among individuals, are escalating the demand for seafood products across the globe, which, in turn, is contributing to the market growth. Apart from this, the growing trend of pet humanization, expenditure capacity of the masses, and concerns among pet parents about the well-being of their pets are influencing the adoption of nutritious pet food containing seafood positively. Furthermore, rapid advancements in seafood processing technologies and better packaging solutions are promoting the use of automated equipment, which helps to perform complex manufacturing operations and facilitate the desired food quality. In addition, several leading players are investing in research and development (R&D) activities to introduce innovative designs with enhanced capacities, which is projected to increase the sales of seafood processing equipment worldwide.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global seafood processing equipment market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on seafood type, equipment type and distribution channel.
Breakup by Seafood Type:
Finfish
Crustaceans
Mollusks
Others
Breakup by Equipment Type:
Gutting
Scaling
Skinning
Deboning
Filleting
Others
Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Food Specialty Stores
Convenient Stores
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being BAADER, Bettcher Industries Inc, CTB Inc. (Berkshire Hathaway Company), JBT Corporation, KM Fish Machinery A/S, Marel, Pisces Fish Machinery Inc., SEAC AB, Seafood Technology Limited, Subzero (Grimsby) Limited and Uni-Food Technic A/S.
Key Questions Answered in This Report:
How has the global seafood processing equipment market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global seafood processing equipment market?
What are the key regional markets?
What is the breakup of the market based on the seafood type?
What is the breakup of the market based on the equipment type?
What is the breakup of the market based on the distribution channel?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global seafood processing equipment market and who are the key players?
What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Seafood Processing Equipment Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Seafood Type
6.1 Finfish
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Crustaceans
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Mollusks
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Others
6.4.1 Market Trends
6.4.2 Market Forecast
7 Market Breakup by Equipment Type
7.1 Gutting
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Scaling
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Skinning
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Deboning
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Filleting
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by Distribution Channel
8.1 Supermarkets and Hypermarkets
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Food Specialty Stores
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Convenient Stores
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia-Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 BAADER
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Bettcher Industries Inc
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.3 CTB Inc. (Berkshire Hathaway Company)
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.4 JBT Corporation
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 KM Fish Machinery A/S
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Marel
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Pisces Fish Machinery Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.8 SEAC AB
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.9 Seafood Technology Limited
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.10 Subzero (Grimsby) Limited
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.11 Uni-Food Technic A/S
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
Figure 1: Global: Seafood Processing Equipment Market: Major Drivers and Challenges
Figure 2: Global: Seafood Processing Equipment Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Seafood Processing Equipment Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Seafood Processing Equipment Market: Breakup by Seafood Type (in %), 2022
Figure 5: Global: Seafood Processing Equipment Market: Breakup by Equipment Type (in %), 2022
Figure 6: Global: Seafood Processing Equipment Market: Breakup by Distribution Channel (in %), 2022
Figure 7: Global: Seafood Processing Equipment Market: Breakup by Region (in %), 2022
Figure 8: Global: Seafood Processing Equipment (Finfish) Market: Sales Value (in Million US$), 2017 & 2022
Figure 9: Global: Seafood Processing Equipment (Finfish) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 10: Global: Seafood Processing Equipment (Crustaceans) Market: Sales Value (in Million US$), 2017 & 2022
Figure 11: Global: Seafood Processing Equipment (Crustaceans) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 12: Global: Seafood Processing Equipment (Mollusks) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Seafood Processing Equipment (Mollusks) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Seafood Processing Equipment (Other Seafood Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Seafood Processing Equipment (Other Seafood Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Seafood Processing Equipment (Gutting) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Seafood Processing Equipment (Gutting) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Seafood Processing Equipment (Scaling) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Seafood Processing Equipment (Scaling) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Seafood Processing Equipment (Skinning) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Seafood Processing Equipment (Skinning) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Seafood Processing Equipment (Deboning) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Seafood Processing Equipment (Deboning) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Seafood Processing Equipment (Filleting) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Seafood Processing Equipment (Filleting) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Seafood Processing Equipment (Other Equipment Types) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Seafood Processing Equipment (Other Equipment Types) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Seafood Processing Equipment (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Seafood Processing Equipment (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Seafood Processing Equipment (Food Specialty Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Seafood Processing Equipment (Food Specialty Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Seafood Processing Equipment (Convenient Stores) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Seafood Processing Equipment (Convenient Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Seafood Processing Equipment (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Seafood Processing Equipment (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: North America: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: North America: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: United States: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: United States: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Canada: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Canada: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Asia-Pacific: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Asia-Pacific: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: China: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: China: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: Japan: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: Japan: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: India: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: India: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: South Korea: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: South Korea: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Australia: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Australia: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Indonesia: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Indonesia: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 56: Others: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 57: Others: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 58: Europe: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 59: Europe: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 60: Germany: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 61: Germany: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 62: France: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 63: France: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 64: United Kingdom: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 65: United Kingdom: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 66: Italy: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 67: Italy: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 68: Spain: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 69: Spain: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 70: Russia: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 71: Russia: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 72: Others: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 73: Others: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Latin America: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 75: Latin America: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 76: Brazil: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 77: Brazil: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 78: Mexico: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 79: Mexico: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 80: Others: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 81: Others: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 82: Middle East and Africa: Seafood Processing Equipment Market: Sales Value (in Million US$), 2017 & 2022
Figure 83: Middle East and Africa: Seafood Processing Equipment Market: Breakup by Country (in %), 2022
Figure 84: Middle East and Africa: Seafood Processing Equipment Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 85: Global: Seafood Processing Equipment Industry: SWOT Analysis
Figure 86: Global: Seafood Processing Equipment Industry: Value Chain Analysis
Figure 87: Global: Seafood Processing Equipment Industry: Porter's Five Forces Analysis
Table 1: Global: Seafood Processing Equipment Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Seafood Processing Equipment Market Forecast: Breakup by Seafood Type (in Million US$), 2023-2028
Table 3: Global: Seafood Processing Equipment Market Forecast: Breakup by Equipment Type (in Million US$), 2023-2028
Table 4: Global: Seafood Processing Equipment Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
Table 5: Global: Seafood Processing Equipment Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 6: Global: Seafood Processing Equipment Market: Competitive Structure
Table 7: Global: Seafood Processing Equipment Market: Key Players
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