Surimi Market Overview:
A renowned global market intelligence powerhouse has unveiled its latest and most comprehensive market research opus, zeroing in on the thriving Surimi Market. This magnum opus of a report weaves together a rich tapestry of descriptive data and captivating pictographs to unfurl the intricate analysis of both regional and global markets. Venturing deep into the market’s inner workings, it illuminates the very essence of its goals, while casting a spotlight on the foremost competitors, their market worth, current voguish strategies, targets, and products. Like a time-traveling storyteller, it regales us with the market’s recent growth, offering priceless insights into its enlightening past.
Surimi Market Growth in Revenue:
The Surimi Market was valued at USD 3.87 billion in 2022 and is expected to grow to USD 5.97 billion by 2029, at a CAGR of 6.2%.
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Surimi Market Scope:
Behold, an expedition of research, diving headfirst into the labyrinth of trending competitors, their growth trajectory, and the pulsating dynamics of the market. Like an archaeologist unearthing treasures, it reveals the regional and global value and demands of the market, a treasure map to navigate the competitive landscape and unlock the market’s untapped potential in terms of production, demand, and supply. The segmentation analysis is akin to a kaleidoscope, refracting critical factors like psychographic, demographic, geographic, and behavioral aspects, artfully crafting marketing strategies, bespoke products, tempting offers, and captivating customer experiences. In the pursuit of excellence, Porter’s analysis adroitly measures organizations’ competitive prowess, a compass to steer towards heightened profitability. To test the very essence of existence, Pestle analysis scrutinizes the authenticity of existing products and services, making sure they harmonize with the zeitgeist. Then, with the acumen of a seasoned detective, SWOT analysis uncovers the enigmatic internal and external forces, orchestrating a symphony of strengths, weaknesses, advantages, and disadvantages. Like a mesmerizing masterpiece, this report weaves an opulent tapestry, painting a vivid portrait of the Surimi Market.
Segmentation Analysis:
by Type
Frozen surimi
Chilled surimi
Fresh surimi
The surimi market is divided into three categories based on type: frozen, chilled, and fresh. With a 70% market share, the frozen surimi category leads the surimi market and is projected to grow at a 7% CAGR over the forecast period. For consumers who prefer to freeze products for later use, frozen surimi is more handy because it has a longer shelf life than fresh and chilled surimi.
by Source
Tropical
Cold Water
The tropical and cold water segments of the surimi market are determined by the source. The market was led by the tropical category in 2022, and this trend is expected to continue during the forecast period. Because it is less expensive than other seafood, this segment draws customers who are searching for an affordable way to enjoy seafood.
by Distribution Channel
B2B
B2C
Over half of the global market was made up of the Business to Business (B2B) sector, which is predicted to continue dominating the market for the duration of the forecast. This is due to the rising demand from the developing market, the food processing industry, and the expanding popularity of surimi in the HoReCa sector.
Major Players are:
1. Viciunai Group (Lithuania)
2. Trans-Ocean Products (USA)
3. Seaprimexco Vietnam (Vietnam)
4. Thong Siek Global (Thailand)
5. Gadre Marine (India)
6. Ocean More Foods Co., Ltd. (China)
7. APITOON (Thailand)
8. Luck Union Foods (Thailand)
9. Sugiyo Co., Ltd. (Japan)
10. Aquamar Inc. (Canada)
11. Fujimitsu Corporation (Japan)
12. SeaPak (USA)
Regional Analysis:
Like a cultural anthropologist, the report embarks on a journey of formal, functional, and vernacular regional analyses, unfurling the secrets of high-demand territories: the vibrant Asia Pacific, the majestic North America, the passionate Latin America, the alluring Middle East, the enigmatic Europe, and the captivating Africa. In this cultural odyssey, it uncovers unique targets, strategies, and market values, each region a compelling chapter in the market’s epic saga.
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Key Questions Unraveled in the Surimi Market Report:
- What defines the Surimi Market?
- What is the chronicle of the forecast period for the Surimi Market?
- How does the grand drama of the competitive landscape unfold in the Surimi Market?
- Which region, like an eminent monarch, reigns with the largest market share in the Surimi Market?
- What hidden treasures of opportunities await in the labyrinthine Surimi Market?
- What mystic forces shape the growth of the Surimi Market?
- Who are the key players, the heroes and heroines, in the grand narrative of the Surimi Market?
- Which valorous company claims the largest share in the Surimi Market?
- What musical cadence of compound annual growth rate (CAGR) will lead the Surimi Market in its forecast period?
- What rare constellations of trends will illuminate the night sky of the Surimi Market in the coming years?
Key Offerings:
- Market Share, Size, and Forecast by Revenue| 2023-2029
- Market Dynamics: Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A kaleidoscopic analysis by Surimi Market
- Landscape: Leading key players and other prominent participants
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