Japan Frozen seafood Market is Anticipated to Reach Around Stable Growth by 2024
Request Free Sample Report: https://www.imarcgroup.com/japan-frozen-seafood-market/requestsample
Japan Frozen Seafood Market Trends:
The frozen seafood market in Japan is primarily driven by a significant increase in the geriatric population, which has accelerated the demand for easy to make foods. As frozen products are convenient to prepare, it has majorly contributed to their widespread popularity among the elderly population. Additionally, the rising trend of ready-to-eat frozen meals in the country, along with the increasing number of nuclear families and single-person households, has provided a boost to the market growth. Furthermore, the introduction of authentic Japanese meals and side-dishes, made with high quality ingredients, has helped in expanding the consumer base. The growing popularity of online retail stores, owing to the variety offered by these platforms, is further creating a positive outlook for the market. On account of the aforementioned factors, the market is expected to grow at a CAGR of 2.5% during 2019-2024.
Market Summary:
• On the basis of the type, the market has been divided into pacific salmon, tuna (bigeye), mackerel, tuna (yellowfin), octopus, crabs, trout, cuttlefish, jack and horse mackerel, and other frozen fish. Among these, pacific salmon currently represents the most preferred segment.
• Based on the distribution channel, the market has been divided into supermarkets and hypermarkets, convenience stores, specialty retailers, online and others. At present, supermarkets and hypermarkets exhibit a clear dominance in the market.
• On the basis of the sector, the market has been bifurcated into retail and institutional. Currently, the institutional sector accounts for the majority of the overall market share.
• The competitive landscape of the market has been studied in the report, with the detailed profiles of the key players operating in the market. Some of these players include Kibun Foods Inc., Nippon Suisan Kaisha, Ltd., Marudai Food Co. Ltd., and Maruha Nichiro Corporation.
Download Full Report with TOC & List of Figure: https://www.imarcgroup.com/japan-frozen-seafood-market
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us
IMARC Group
USA: +1-631-791-1145
Email: [email protected]
Website: https://www.imarcgroup.com
Follow us on twitter : @imarcglobal