Product Code: ANV2079
REPORT HIGHLIGHT
Seafood Processing Equipment Market size was valued at USD 1,985 Million in 2023, expanding at a CAGR of 4.5% from 2024 to 2032.
Equipment for processing seafood is used to recover valuable byproducts from processing and boost facility productivity. It has a number of benefits, including efficient removal of process water from bigger particulates, lower maintenance and transportation expenses, and less waste generation during treatment procedures.
Seafood Processing Equipment Market- Market Dynamics
Growing seafood demand to propel market demand
Since seafood has so many nutritional advantages, it is consumed almost everywhere in the globe. When processed by filleting, fish can also have exceptional antidepressant properties, improve heart and brain health, and help maintain good vision. They are popularly consumed at restaurants and other food service establishments since fish is regularly used in the manufacture of a variety of food items such as stews, sandwiches, wraps, frozen seafood and more, which are accessible in restaurants ranging in price from mid-priced to high-end which aids to the market development.
Seafood Processing Equipment Market- Key Insights
- As per the analysis shared by our research analyst, the global market is estimated to grow annually at a CAGR of around 4.5% over the forecast period (2024-2032)
- Based on equipment segmentation, the Slaughtering segment is expected to dominate the market during the forecast period
- Based on product segmentation, the Frozen category is expected to hold a prominent market share during the forecast period
- Based on region, the Asia Pacific is expected to dominate the market over the forecast period
Seafood Processing Equipment Market- Segmentation Analysis:
- The Global Seafood Processing Equipment Market is segmented based on Equipment, Product, and Region.
- Based on the equipment, the Seafood Processing Equipment market is divided into Scaling, Gutting, Slaughtering, Filleting and Others. The Slaughtering segment is expected to dominate the market during the forecast period. The increased demand for slaughtering equipment, which maximizes automation while lowering energy consumption during evisceration, is thought to be the cause of this. Because of their durability, effectiveness, and safety, this equipment yields a clean, high-quality final result.
- Based on the product, the Seafood Processing Equipment industry is categorized into Smoked, Frozen, Canned, Dried and Others. The Frozen category is expected to hold a prominent market share during the forecast period. This is due to the fact that frozen seafood items prolong food goods' shelf lives by preventing the growth of germs. Preservatives are not required when freezing food because it is a natural process. Seafood and fish that are frozen have better nutritional value. All microbial activity, including food poisoning pathogens, is stopped by freezing, as is rotting.
Seafood Processing Equipment Market- Geographical Insights
Geographically, this market is widespread in the regions of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. These regions are further divided as per the nations bringing business. The Asia Pacific is expected to dominate the market during the forecast period. This is because of growing population and health concerns among people in nations like China, Japan, and India, which have led to greater seafood product consumption. Furthermore, throughout the projected period, the existence of significant corporations in this area is anticipated to fuel market revenue development. For instance, Yanmar Maritime Systems Co., Ltd., a company under the Yanmar Group, began taking orders for a new automated fish counting system in Japan. The device uses image recognition technology to count the number of fish and was designed with tuna farming in mind. Understanding the number of fish in each net is crucial for managing feed consumption and production volume in fish farming.
Seafood Processing Equipment Market- Competitive Landscape:
The key players operating in the market are: Illinois Tool Works Inc., Millard Manufacturing Corporation, GEA Group Aktiengesellschaft, RISCO S.p.A, BIRO Manufacturing Company, Minerva Omega group s.r.l., Apache Stainless Equipment, Marel, BAADER, CTB, INC., Ross Industries, Inc., Cabinplant, Pisces Fish Machinery Inc., Bettcher Industries, Inc. and BRAHER INTERNACIONAL, S.A. among others.
Recent Developments:
In February 2023, a global food processing firm called Marel introduced the MS 2750 filleting equipment. It is predicted to offer the greatest yield processor and trout weighing between 1.5-10 kgs.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL SEAFOOD PROCESSING EQUIPMENT MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
- Millard Manufacturing Corporation
- GEA Group Aktiengesellschaft
- BIRO Manufacturing Company
- Minerva Omega group s.r.l.
- Apache Stainless Equipment
- Pisces Fish Machinery Inc.
- Bettcher Industries, Inc.
- BRAHER INTERNACIONAL, S.A.
GLOBAL SEAFOOD PROCESSING EQUIPMENT MARKET, BY EQUIPMENT- MARKET ANALYSIS, 2019 - 2032
- Scaling
- Gutting
- Slaughtering
- Filleting
- Others
GLOBAL SEAFOOD PROCESSING EQUIPMENT MARKET, BY PRODUCT- MARKET ANALYSIS, 2019 - 2032
- Smoked
- Frozen
- Canned
- Dried
- Others
GLOBAL SEAFOOD PROCESSING EQUIPMENT MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
- North America
- The U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Russia
- Netherlands
- Sweden
- Poland
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Australia
- Thailand
- Indonesia
- Philippines
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of LATAM
- The Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Israel
- Turkey
- Algeria
- Egypt
- Rest of MEA
Table of Contents
1. Seafood Processing Equipment Market Overview
- 1.1. Study Scope
- 1.2. Market Estimation Years
2. Executive Summary
- 2.1. Market Snippet
- 2.1.1. Seafood Processing Equipment Market Snippet by Equipment
- 2.1.2. Seafood Processing Equipment Market Snippet by Product
- 2.1.3. Seafood Processing Equipment Market Snippet by Country
- 2.1.4. Seafood Processing Equipment Market Snippet by Region
- 2.2. Competitive Insights
3. Seafood Processing Equipment Key Market Trends
- 3.1. Seafood Processing Equipment Market Drivers
- 3.1.1. Impact Analysis of Market Drivers
- 3.2. Seafood Processing Equipment Market Restraints
- 3.2.1. Impact Analysis of Market Restraints
- 3.3. Seafood Processing Equipment Market Opportunities
- 3.4. Seafood Processing Equipment Market Future Trends
4. Seafood Processing Equipment Industry Study
- 4.1. PEST Analysis
- 4.2. Porter's Five Forces Analysis
- 4.3. Growth Prospect Mapping
- 4.4. Regulatory Framework Analysis
5. Seafood Processing Equipment Market: COVID-19 Impact Analysis
- 5.1. Pre-COVID-19 Impact Analysis
- 5.2. Post-COVID-19 Impact Analysis
- 5.2.1. Top Performing Segments
- 5.2.2. Marginal Growth Segments
- 5.2.3. Top Looser Segments
- 5.2.4. Marginal Loss Segments
6. Seafood Processing Equipment Market Landscape
- 6.1. Seafood Processing Equipment Market Share Analysis, 2023
- 6.2. Breakdown Data, by Key Manufacturer
- 6.2.1. Established Players' Analysis
- 6.2.2. Emerging Players' Analysis
7. Seafood Processing Equipment Market - By Equipment
- 7.1. Overview
- 7.1.1. Segment Share Analysis, By Equipment, 2023 & 2032 (%)
- 7.1.2. Scaling
- 7.1.3. Gutting
- 7.1.4. Slaughtering
- 7.1.5. Filleting
- 7.1.6. Others
8. Seafood Processing Equipment Market - By Product
- 8.1. Overview
- 8.1.1. Segment Share Analysis, By Product, 2023 & 2032 (%)
- 8.1.2. Smoked
- 8.1.3. Frozen
- 8.1.4. Canned
- 8.1.5. Dried
- 8.1.6. Others
9. Seafood Processing Equipment Market- By Geography
- 9.1. Introduction
- 9.1.1. Segment Share Analysis, By Geography, 2023 & 2032 (%)
- 9.2. North America
- 9.2.1. Overview
- 9.2.2. Seafood Processing Equipment Key Manufacturers in North America
- 9.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 9.2.4. North America Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.2.5. North America Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.2.6. U.S.
- 9.2.6.1. Overview
- 9.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.2.6.3. U.S. Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.2.6.4. U.S. Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.2.7. Canada
- 9.2.7.1. Overview
- 9.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.2.7.3. Canada Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.2.7.4. Canada Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.3. Europe
- 9.3.1. Overview
- 9.3.2. Seafood Processing Equipment Key Manufacturers in Europe
- 9.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 9.3.4. Europe Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.3.5. Europe Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.3.6. Germany
- 9.3.6.1. Overview
- 9.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.6.3. Germany Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.3.6.4. Germany Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.3.7. Italy
- 9.3.7.1. Overview
- 9.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.7.3. Italy Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.3.7.4. Italy Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.3.8. United Kingdom
- 9.3.8.1. Overview
- 9.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.8.3. United Kingdom Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.3.8.4. United Kingdom Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.3.9. France
- 9.3.9.1. Overview
- 9.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.9.3. France Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.3.9.4. France Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.3.10. Russia
- 9.3.10.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.10.2. Russia Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.3.10.3. Russia Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.3.11. Netherlands
- 9.3.11.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.11.2. Netherlands Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.3.11.3. Netherlands Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.3.12. Sweden
- 9.3.12.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.12.2. Sweden Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.3.12.3. Sweden Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.3.13. Poland
- 9.3.13.1. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.13.2. Poland Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.3.13.3. Poland Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.3.14. Rest of Europe
- 9.3.14.1. Overview
- 9.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.3.14.3. Rest of the Europe Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.3.14.4. Rest of the Europe Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.4. Asia Pacific (APAC)
- 9.4.1. Overview
- 9.4.2. Seafood Processing Equipment Key Manufacturers in Asia Pacific
- 9.4.3. Asia Pacific Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 9.4.4. Asia Pacific Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.4.5. Asia Pacific Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.4.6. India
- 9.4.6.1. Overview
- 9.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.6.3. India Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.4.6.4. India Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.4.7. China
- 9.4.7.1. Overview
- 9.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.7.3. China Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.4.7.4. China Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.4.8. Japan
- 9.4.8.1. Overview
- 9.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.8.3. Japan Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.4.8.4. Japan Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.4.9. South Korea
- 9.4.9.1. Overview
- 9.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.9.3. South Korea Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.4.9.4. South Korea Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.4.10. Australia
- 9.4.10.1. Overview
- 9.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.10.3. Australia Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.4.10.4. Australia Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.4.11. Thailand
- 9.4.11.1. Overview
- 9.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.11.3. Thailand Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.4.11.4. Thailand Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.4.12. Indonesia
- 9.4.12.1. Overview
- 9.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.12.3. Indonesia Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.4.12.4. Indonesia Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.4.13. Philippines
- 9.4.13.1. Overview
- 9.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.13.3. Philippines Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.4.13.4. Philippines Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.4.14. Rest of APAC
- 9.4.14.1. Overview
- 9.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.4.14.3. Rest of APAC Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.4.14.4. Rest of APAC Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.5. Latin America
- 9.5.1. Overview
- 9.5.2. Seafood Processing Equipment Key Manufacturers in Latin America
- 9.5.3. Latin America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 9.5.4. Latin America Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.5.5. Latin America Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.5.6. Brazil
- 9.5.6.1. Overview
- 9.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.5.6.3. Brazil Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.5.6.4. Brazil Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.5.7. Mexico
- 9.5.7.1. Overview
- 9.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.5.7.3. Mexico Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.5.7.4. Mexico Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.5.8. Argentina
- 9.5.8.1. Overview
- 9.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.5.8.3. Argentina Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.5.8.4. Argentina Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.5.9. Colombia
- 9.5.9.1. Overview
- 9.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.5.9.3. Colombia Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.5.9.4. Colombia Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.5.10. Rest of LATAM
- 9.5.10.1. Overview
- 9.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.5.10.3. Rest of LATAM Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.5.10.4. Rest of LATAM Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.6. Middle East and Africa
- 9.6.1. Overview
- 9.6.2. Seafood Processing Equipment Key Manufacturers in Middle East and Africa
- 9.6.3. Middle East and Africa Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
- 9.6.4. Middle East and Africa Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.6.5. Middle East and Africa Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.6.6. Saudi Arabia
- 9.6.6.1. Overview
- 9.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.6.6.3. Saudi Arabia Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.6.6.4. Saudi Arabia Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.6.7. United Arab Emirates
- 9.6.7.1. Overview
- 9.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.6.7.3. United Arab Emirates Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.6.7.4. United Arab Emirates Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.6.8. Israel
- 9.6.8.1. Overview
- 9.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.6.8.3. Israel Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.6.8.4. Israel Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.6.9. Turkey
- 9.6.9.1. Overview
- 9.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.6.9.3. Turkey Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.6.9.4. Turkey Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.6.10. Algeria
- 9.6.10.1. Overview
- 9.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.6.10.3. Algeria Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.6.10.4. Algeria Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.6.11. Egypt
- 9.6.11.1. Overview
- 9.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.6.11.3. Egypt Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.6.11.4. Egypt Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
- 9.6.12. Rest of MEA
- 9.6.12.1. Overview
- 9.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
- 9.6.12.3. Rest of MEA Market Size and Forecast, By Equipment, 2019 - 2032 (US$ Million)
- 9.6.12.4. Rest of MEA Market Size and Forecast, By Product, 2019 - 2032 (US$ Million)
10. Key Vendor Analysis- Seafood Processing Equipment Industry
- 10.1. Competitive Dashboard
- 10.2. Company Profiles
- 10.2.1. Illinois Tool Works Inc.
- 10.2.2. Millard Manufacturing Corporation
- 10.2.3. GEA Group Aktiengesellschaft
- 10.2.4. RISCO S.p.A
- 10.2.5. BIRO Manufacturing Company
- 10.2.6. Minerva Omega group s.r.l.
- 10.2.7. Apache Stainless Equipment
- 10.2.8. Marel
- 10.2.9. BAADER
- 10.2.10. CTB, INC.
- 10.2.11. Ross Industries, Inc.
- 10.2.12. Cabinplant
- 10.2.13. Pisces Fish Machinery Inc.
- 10.2.14. Bettcher Industries, Inc.
- 10.2.15. BRAHER INTERNACIONAL, S.A.
11. 360 Degree Analyst View
12. Appendix
- 12.1. Research Methodology
- 12.2. References
- 12.3. Abbreviations
- 12.4. Disclaimer
- 12.5. Contact Us