Surimi Market is Expected to Reach USD 5.97 Billion by 2029 at a CAGR of 6.2 percent

(EMAILWIRE.COM, October 29, 2023 ) As per Maximize Market research, the Surimi Market was USD 3.87 Billion in 2022 and is expected to grow at a CAGR of 6.2 percent over the forecast period to reach USD 5.97 Billion by 2029.

Surimi Market Report Scope and Research Methodology

Utilizing a comprehensive research methodology involving primary and secondary data sources, the report conducts qualitative and quantitative analyses. The surimi market report investigates the global landscape, encompassing key trends, market size, and major players in the seafood industry. It explores market segmentation, regional dynamics, and competitive factors, offering insights into consumer preferences and industry challenges. The scope covers various surimi-based products, their applications, and market drivers, providing stakeholders with a well-rounded understanding of strategic decision-making in the evolving seafood market.

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Surimi Market Dynamics

As people strive for healthier and convenient sources of protein seafood products experiencing a surge due to the growing demand. Surimi is a versatile seafood product that caters to dietary needs and allergies and lean protein substitute for traditional seafood. Its versatility in various cuisines, especially in Asian cuisine is expected to increase the demand for the market.

Surimi Market Regional Insights

Asia Pacific region has dominated the market in the year 2022 in terms of revenue and is expected to dominate the market during the forecast period. Surimi is a popular product in this region because of its taste, low cost, and adaptability.

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Surimi Market Segmentation

By Type

Frozen surimi

Chilled surimi

Fresh surimi

By Source

Tropical

Cold Water

By Distribution Channel

B2B

B2C

Surimi Key Competitors include

Viciunai Group (Lithuania)

Trans-Ocean Products (USA)

Seaprimexco Vietnam (Vietnam)

Thong Siek Global (Thailand)

Gadre Marine (India)

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Maximize Market Research is leading Food and Beverages research firm, has also published the following reports:

Canned Seafood Market – The market size is expected to reach USD 40.48 Bn. by 2029 at a CAGR of 3.8 percent during the forecast period.

Frozen Fish & Seafood Market – The Market size is expected to reach USD 25.55 Bn. by 2029 at a CAGR of 6.1 percent during the forecast period.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities and technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics and communications, Internet of Things, Food and Beverages, Aerospace and defense, and other manufacturing sectors.