Global frozen hake market is anticipated to grow at a CAGR of 8.0% during the forecast period (2024-2031). The global frozen hake market has been growing rapidly due to consumer shift towards healthier seafood options, advancements in fishing and freezing technologies, regulatory policies, globalization of food supply chains, and the convenience factor of frozen hake fillets. These trends are expected to further drive growth and innovation, positioning it as a significant player in the frozen seafood industry. For instance, in March 2021, Canadian firm Sofina Foods acquired Eight Fifty, the parent company of Young’s Seafood. This diversifies Sofina Foods’ portfolio within the seafood industry.
In June 2023, India’s seafood exports reached a record high during the fiscal year 2022-2023, demonstrating a notable increase of 26.7% in quantity and 4.3% in value compared to the previous fiscal year 2021-2022. This growth signifies a significant achievement for the Indian seafood industry, reflecting its resilience and competitiveness in the global market.
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Market Coverage
- The market number available for – 2023-2031
- Base year- 2023
- Forecast period- 2024-2031
Segment Covered-
- By Type
- By Application
Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
Competitive Landscape- Altamar Foods Corp., Fisher Bay Seafood Ltd., Holmes Seafood Ltd., I&J Holding Company (Pty) Ltd., and Seacore Seafood Inc., among others.
Frozen Hake Market Report Segment
By Type
- Whole Fish
- Fish Pieces
By Application
- Seafood Market
- Supermarket
- Restaurant and Hotel
- Online Sales
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Frozen Hake Market Report Segment by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Spain
- France
- Italy
- Rest of Europe
Asia-Pacific
- India
- China
- Japan
- South Korea
- Rest of APAC
Rest of the World
- Latin America
- Middle East and Africa
Company Profiles
- Altamar Foods Corp.
- Aqualine Seafoods Ltd.
- Breakers Fish Co. Ltd.
- Canadian Fishing Company (The Canfisco Group)
- Dalian East Coast Aquatic Products Co. Ltd.
- Fisher Bay Seafood Ltd.
- Holmes Seafood Ltd.
- I&J Holding Company (Pty) Ltd.
- Independent Seafood Canada Corp
- Kingsun Foods Co., Ltd.
- Mowi ASA
- Newsan Food (Newsan S.A.)
- Nord West
- Nordic Group
- Qingdao SunnyWell Import & Export Co. Ltd
- Seacore Seafood Inc.
- Sea Harvest Group
- Select Seafoods
- Solander Gourmet Seafood
- Stallion
- The Stickleback Fish Company Ltd
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