Global Seafood Processing Equipment market will reach 1450 million US$ by the end of 2025

Publisher: QYResearch
Published Date: 2019/8/15

Change in food habits and increasing interest in seafood are the key factors for the growth of the global seafood processing equipment market. Fast-paced lifestyle and the tilt towards processed food items have become part of the urbanized way of living, which has had a direct impact on frozen seafood. In addition, technological advancements in processing and packaging technology, especially for seafood, has kept the growth of the global market steady.

The global seafood processing equipment market was worth US$1160 mn in 2018 and the report suggests that it will reach US$1450 mn by 2025, surging at a steady CAGR of 3.2% during the period of 2019 and 2025.

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