Growing Regulatory Policies for Environment Protection to Propel Investments

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.

Browse the full report description of “Frozen Hake Market Size, Share & Trends Analysis Report by Type (Whole Fish and Fish Pieces), and by Application (Seafood Market, Supermarket, Restaurant, and Hotel, and Online Sales) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/frozen-hake-market

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.

Market Coverage

• The market number available for – 2023-2031

• Base year- 2023

• Forecast period- 2024-2031

• Segment Covered- 

o By Type

o By Application

• Regions Covered-

o North America

o Europe

o Asia-Pacific

o 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.

Key questions addressed by the report.

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How are players addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Frozen Hake Market Report Segment

By Type

• Whole Fish
• Fish Pieces 

By Application

• Seafood Market
• Supermarket
• Restaurant and Hotel
• Online Sales

Global Frozen Hake Market Report Segment by Region

North America

• United States

• Canada 

Europe

• UK

• Germany

• Italy

• Spain

• France

• Rest of Europe 

Asia-Pacific

• China

• India

• Japan

• South Korea

• Rest of Asia-Pacific 

Rest of the World

• Latin America 

• Middle East & Africa

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