Frozen Seafood Market Worth $74.34 Billion by 2029

Frozen seafood is an excellent source of various nutritional compounds such as proteins, healthy fats (polyunsaturated fatty acids, especially omega-3 and omega-6), iodine, vitamin D, calcium, etc. These compounds have preventive effects on many heart diseases and autoimmune disorders. Frozen seafood products help inhibit the bacterial formation of the food products and increase the shelf life of food products.

The rising consumption of seafood, increase in awareness of the health benefits of seafood, and the growing numbers of supermarkets & hypermarkets are the key factors driving the growth of the frozen seafood market. Furthermore, the growing adoption of quick freezing technology to freeze seafood is expected to provide a significant opportunity for the players operating in this market.

The Frozen Seafood Market is expected to reach $74.34 billion by 2029, at a CAGR of 5.6% during the forecast period of 2022 to 2029.