Report projects processed seafood market to grow to $211 billion by 2018, driven by Asian expansion
SEAFOODNEWS.COM [Food Online] by Isaac Fletcher - November 13, 2014
Driven by consumer trends and preferences, the market for processed seafood is expected to see high rates of growth through 2018. This is expected to open opportunities for seafood-processing equipment manufacturers and seafood processors seeking to extend global market penetration
A new report, Processed Seafood & Seafood Processing Equipment Market by Types (Crustaceans, Fish, Molluscs, Others), by Product Types (Frozen, Smoked, Canned, Dried, Surimi, Others), by Equipment Types & by Geography - Global Trends & Forecasts to 2018, projects the processed seafood market will be worth more than $211 billion by 2018, with a CAGR of 4.1 percent. Additionally, the seafood-processing equipment market is expected to reach $1.469 billion by 2018 with a CAGR of 3.8 percent.
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