The Global Demand of Surimi Market, Growth Analysis, Latest Trends and Forecast till 2031

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.

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Key Segments Covered in Surimi Industry Survey

By Species
Fish Surimi
Alaskan Pollock
Atlantic Cod
Tilapia
Black Bass
Others

Meat Surimi

Pork Surimi
Beef Surimi
By Form
Fresh Surimi
Whole
Fillet
Processed Surimi
Canned
Frozen
Whole
Fillet

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
Retail

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Some Notable Offerings by Fact.MR Report on Surimi market:

• Fact.MR will provide you an analysis of the extent to which this Surimi market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
• Fact.MR will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
• Also, this report will help you to identify any trends to forecast growth rates.
• The analyzed report will forecast the general tendency for supply and demand.

Some of the Surimi Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:

• Details regarding latest innovations and development in Surimi and how it is gaining customer traction during the forecast period.
• Analysis about the customer demand of the products and how it is likely to evolve in coming years.
• Latest regulations enforced by government bodies and local agencies and their impact on Demand of Surimi Market .
• Insights about adoption of new technologies and its influence on the Surimi market Size.
• Overview of the impact of COVID-19 on Surimi Market and economic disruptions caused by the pandemic.
• Evaluates post-pandemic impact on the Sales of Surimi Market during the forecast period.

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After reading the Market insights of Surimi Report, readers can:

• Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
• Analyze key regions holding significant share of total Surimi market revenue.
• Study the growth outlook of Surimi market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use & supply side analysis of Surimi market.
• Investigate the recent R&D projects performed by each market player & competitive analysis of Surimi Market Players.

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What is Driving Demand for Surimi in Spain?

According to Fact.MR, Spain is estimated to account for 18.4% of the overall Europe surimi market share in 2021, and Pacific whiting surimi demand is anticipated to drive market growth in in Russia.

Surimi sales in the European market has been driven by rising demand for seafood analogues such as lobster meat and imitation crabs. Innovative products such as surimi pasta and noodles, as well as corporate efforts to adopt new flavour trends in order to meet consumer demand, are also supporting expansion of the surimi market.

Why are Surimi Producers Eyeing the Australian Market?

According to the most recent estimates by Fact.MR, the Australia surimi market size in 2021 is US$ 56.5 Mn. Increased imports of Alaska Pollock-sourced surimi and silver carp-sourced surimi from Australia are driving the growth of this market.

Increased demand for Asian cuisine in Australia and New Zealand is boosting sales of chilled surimi. Silver carp surimi sales are also expected to witness significant growth in Australia owing to its nutritional properties of high-quality protein and essential amino acid content.

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This release was published on openPR.