According to Cognitive Market Research, The global frozen seafood market size is USD 50.8 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 5.80% from 2023 to 2030.
The demand for frozen seafood is rising due to the growing adoption of frozen seafood to reduce environmental impact and high demand for ready-to-cook food with longer shelf life.
Demand for Shrimps remains higher in the frozen seafood market.
The Supermarkets and Hypermarkets category held the highest frozen seafood market revenue share in 2023.
Asia Pacific frozen seafood will continue to lead, whereas the North American frozen seafood market will experience the most substantial growth until 2030.