Latest released report on the global surimi market by Fact.MR estimates that sales accounted for US$ 3.2 Bn in 2021, with the market projected to expand more than 1.8X by 2031.
The surimi market witnessed a favourable demand-supply scenario from 2016 to 2020 due to stable global production and rising demand. Demand for surimi is expected to continue to rise from the food service and food manufacturing sector, and also among consumers who prefer to cook at home.
Extensive rounds of primary and a comprehensive secondary research have been leveraged by the analysts at Fact.MR to arrive at various estimations and projections for Sales & Demand of Surimi, its market share, production footprint, current launches, agreements, ongoing R&D projects, and market strategies.
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Key Segments Covered in Surimi Industry Survey
- By Species
- Fish Surimi
- Alaskan Pollock
- Atlantic Cod
- Black Bass
- Meat Surimi
- Pork Surimi
- Beef Surimi
- Fish Surimi
- By Form
- Fresh Surimi
- Processed Surimi
- Fresh Surimi
- By Sales Channel
- Direct Sales of Surimi
- Indirect Sales of Surimi
- Modern Trade
- Convenience Stores
- Specialty Food Stores
- Wholesale Stores
- Discount Stores
- Online Retail
- Other Retail Formats
- By Application
- Food Industry
- Pharmaceutical Industry
- Animal Feed
- Pet Food
- Food Service
The Market insights of Surimi will improve the revenue impact of businesses in various industries by:
- Providing a framework tailored toward understanding the attractiveness quotient of various products/solutions/technologies in the Surimi Market
- Guiding stakeholders to identify key problem areas pertaining to their consolidation strategies in the global Surimi market and offers solutions
- Assessing the impact of changing regulatory dynamics in the regions in which companies are keen on expanding their footprints
- Provides understanding of disruptive technology trends to help businesses make their transitions smoothly
- Helping leading companies make strategy recalibrations ahead of their competitors and peers
- Offers insights into promising synergies for top players aiming to retain their leadership position in the market & supply side analysis of Surimi market .
The latest industry analysis and survey on Surimi provides sales outlook in 20+ countries, across key categories. Insights and outlook on Surimi market drivers, trends, and influencing factors are also included in the study.
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This report gives you access to decisive data such as:
- Demand of Surimi Market & Growth drivers
- Factors limiting Surimi market growth
- Current key trends of Surimi Market
- Market Size of Surimi and Surimi Sales projections for the coming years
The report also offers key trends of Surimi market and an in-depth analysis of how the projected growth factors will shape the Surimi market dynamics in the coming years of the forecast period.
Moreover, it also gives meaningful as well as actionable insights on the competitive analysis of Surimi Market that are developing the current market scenario and which will be lucrative for the future demand of Surimi Market.
Crucial insights in Surimi market research report:
- Underlying macro- and microeconomic factors impacting the Sales of Surimi market.
- Basic overview of the Surimi, including market definition, classification, and applications.
- Scrutinization of each market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend and supply side analysis of Surimi across various industries.
- Important regions and countries offering lucrative opportunities to market stakeholders.
The Demand of Surimi Market study includes the current market scenario on the global platform and also Sales of Surimi Market development during the forecast period.
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Surimi is commonly used in foodservice and food manufacturing industries to prepare seafood such as crab sticks, fish sticks, and crab flakes, among others. Because of high demand for and application of surimi, top companies in the surimi market are focusing on increasing their distribution networks to reach a bigger consumer base.
This is increasingly prevalent among major manufacturers who want to expand their global footprint. Top frozen brands are focusing on acquiring smaller brands to enhance their distribution network and manufacturing capacity. For instance, the acquisition of Creative Seafood by Viciunai Group was aimed at strengthening its presence in France.
- In 2021, The Russian Fishery Company (RFC) signed contracts to supply majority surimi to top Russian producers of surimi products, such as Vichinai Group, Meridian and Santa Bremor, among others
- In 2021, Trident Seafoods, based in Seattle, teamed up with celebrity chef Nancy Fullerto to promote the company’s newly launched Louis Kemp surimi fish products.
Similar recent developments related to companies offering surimi have been tracked by the team at Fact.MR, which are available in the full report.
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