A Comprehensive Study Exploring Surimi Market | Key Players- Aqua Star, Bumble Bee Foods,, Eckrich

The latest study released on the Global Surimi Market by HTF MI evaluates market size, trend, and forecast to 2030. The Surimi market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.
Key Players in This Report Include: Kyokuyo Co., Ltd. (Japan), Maruha Nichiro Corporation (Japan), Nissui Corporation (Japan), Chuo Suisan Co., Ltd. (Japan), Cargill, Inc. (United States), Pacific Seafood Group (United States), Sajo Industries Co., Ltd. (South Korea), Matsuyama Foods Co., Ltd. (Japan), Eckrich (United States), Aqua Star (United States), Seafood Company (United States), Thai Union Group PCL (Thailand), Bumble Bee Foods, LLC (United States), Daewon F&B Co., Ltd. (South Korea), Daiwa Can Company (Japan)

According to HTF Market Intelligence, the global Surimi market is valued at USD 3.2 Billion in 2023 and is estimated to reach a revenue of USD 5.1 Billion by 2030, with a CAGR of 8% from 2023 to 2030.

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Definition:
Surimi is a processed seafood product, typically made from white-fleshed fish like pollock, that is finely minced and restructured to resemble crab or lobster. It is often used in various dishes and snacks, favored for its versatility, taste, and health benefits. Surimi is a popular ingredient in sushi, seafood salads, and various ready-to-eat products. Its growth is driven by rising health consciousness among consumers and the increasing popularity of seafood products. Challenges include competition from plant-based alternatives and sustainability concerns regarding fish sourcing.

Market Trends:
Sustainable sourcing of raw materials
A growing shift toward eco-friendly practices

Market Drivers:
The growing demand for affordable protein alternatives
Advancements in production technology are enhancing efficiency

Market Opportunities:
Emerging markets such as Southeast Asia offer significant growth opportunities for surimi manufacturers
Innovations in plant-based surimi alternatives

Market Challenges:
The depletion of raw material resources due to overfishing
Stringent environmental regulations and the need for sustainable practices

Fastest-Growing Region:
North America

Dominating Region:
Asia-Pacific

Market Leaders & Development Strategies:
In September 2023, The Wild Alaska Pollock industry has been actively working to "make surimi sexy again." This initiative is aimed at revitalizing consumer interest and expanding the market appeal of surimi products, which have traditionally struggled with branding and visibility.

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The Global Surimi Market segments and Market Data Break Down are illuminated below:
Surimi Market is Segmented by Application (Food & Beverages, Animal Feed, Pet Food) by Type (Frozen Surimi, Surimi Seafood, Surimi-Based Products) by Distribution Channel (Supermarkets/Hypermarkets, Online Retail, Specialty Stores) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

Global Surimi market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to helps the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years.

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

Objectives of the Report
• -To carefully analyze and forecast the size of the Surimi market by value and volume.
• -To estimate the market shares of major segments of the Surimi
• -To showcase the development of the Surimi market in different parts of the world.
• -To analyze and study micro-markets in terms of their contributions to the Surimi market, their prospects, and individual growth trends.
• -To offer precise and useful details about factors affecting the growth of the Surimi
• -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Surimi market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.

𝐑𝐞𝐚𝐝 𝐃𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐈𝐧𝐝𝐞𝐱 𝐨𝐟 𝐟𝐮𝐥𝐥 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐭𝐮𝐝𝐲: https://www.htfmarketintelligence.com/report/global-surimi-market

Major highlights from Table of Contents:
Surimi Market Study Coverages:
• It includes major manufacturers, emerging player's growth story, and major business segments of Surimi market, years considered, and research objectives. Additionally, segmentation on the basis of the type of product, application, and technology.
• Surimi Market Executive Summary: It gives a summary of overall studies, growth rate, available market, competitive landscape, market drivers, trends, and issues, and macroscopic indicators.
• Surimi Market Production by Region Surimi Market Profile of Manufacturers-players are studied on the basis of SWOT, their products, production, value, financials, and other vital factors.

Key Points Covered in Surimi Market Report:
• Surimi Overview, Definition and Classification Market drivers and barriers
• Surimi Market Competition by Manufacturers
• Impact Analysis of COVID-19 on Surimi Market
• Surimi Capacity, Production, Revenue (Value) by Region (2023-2030)
• Surimi Supply (Production), Consumption, Export, Import by Region (2023-2030)
• Surimi Production, Revenue (Value), Price Trend by Type {Frozen Surimi, Surimi Seafood, Surimi-Based Products}
• Surimi Manufacturers Profiles/Analysis Surimi Manufacturing Cost Analysis, Industrial/Supply Chain Analysis, Sourcing Strategy and Downstream Buyers, Marketing
• Strategy by Key Manufacturers/Players, Connected Distributors/Traders Standardization, Regulatory and collaborative initiatives, Industry road map and value chain Market Effect Factors Analysis.

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Key questions answered
• How feasible is Surimi market for long-term investment?
• What are influencing factors driving the demand for Surimi near future?
• What is the impact analysis of various factors in the Global Surimi market growth?
• What are the recent trends in the regional market and how successful they are?

Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

Nidhi Bhawsar (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +15075562445
sales@htfmarketreport.com

About Author:
HTF Market Intelligence Consulting is uniquely positioned to empower and inspire with research and consulting services to enable businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events, and experience that assist in decision-making.

This release was published on openPR.