United States Seafood Market Size
Icons | Lable | Value |
---|---|---|
Study Period | 2017 - 2029 | |
Market Size (2024) | USD 24.36 Billion | |
Market Size (2029) | USD 25.93 Billion | |
Largest Share by Type | Fish | |
CAGR (2024 - 2029) | 1.26 % | |
Fastest Growing by Type | Shrimp | |
Market Concentration | Low | |
Major Players |
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*Disclaimer: Major Players sorted in alphabetical order. |
United States Seafood Market Analysis
The United States Seafood Market size is estimated at 24.36 billion USD in 2024, and is expected to reach 25.93 billion USD by 2029, growing at a CAGR of 1.26% during the forecast period (2024-2029).
24.36 Billion
Market Size in 2024 (USD)
25.93 Billion
Market Size in 2029 (USD)
4.92 %
CAGR (2017-2023)
1.26 %
CAGR (2024-2029)
Largest Segment by Type
63.27 %
value share, Fish, 2023
The frozen form dominates the fish segment of the market as it is more readily available and less expensive. The higher shelf life of frozen fishes further drives its demand.
Largest Segment by Form
66.64 %
value share, Frozen, 2023
Frozen form of seafood has larger shelf life intact with all the nutrition, making it a highly preferred seafood form in both the on-trade and off-trade segments.
Fastest-growing Segment by Type
1.32 %
Projected CAGR, Shrimp, 2024-2029
The constantly increasing per capita shrimp consumption, mainly through the off-trade channel, is driving the growth. However, the on-trade channel holds a major market share.
Fastest-growing Segment by Form
1.47 %
Projected CAGR, Canned, 2024-2029
The increasing popularity of ready-to-eat and ready-to-cook food due to consumers' fast-paced lifestyle is projected to drive the demand for canned seafood in the country.
Leading Market Player
9.86 %
market share, Sysco Corporation, 2022
Sysco Corporation offers a wide selection of seafood species to the retail and food service sectors. These products are available in fresh, frozen, and prepared forms.
Hiking production potential to mitigate increasing demand for leaner protein sources and reduce import dependency is driving market growth
- The United States produced 7.8 million tons of fish (including mollusks and crustaceans) in 2022, with a value of USD 9,065.5 million. 糖心vlog传媒 17% of this value came from aquaculture and 83% from fisheries. An important factor at play here is that the United States is a net importer of fish and fish products. To promote local production, the government has shown its support through many policies and ventures. The major seafood type consumed in the United States is the other seafood segment, while the fastest-moving segment is shrimp, which is projected to record a CAGR of 2.3% during the forecast period.
- In the United States, regulators implemented season-length restrictions, total allowable catch limits, and gear and vessel power restrictions to combat overfishing. As a result, fishermen adopted new technologies and methods to work around these controls. The United States witnessed a price hike of 2.4 per kg in 2022 from 19.3 per kg in 2017. The production of seafood from local aquaculture in the country has also been increasing, with the average value of production per employee in aquaculture seeing an increase of 28% compared to the previous decade.
- The market is poised to record a CAGR of 5.46% during the forecast period. The seafood industry is a major contributor to the country's economy. The United States is a key player in global aquaculture and the world's top importer of fish and fishery products. It also provides other producers worldwide with a range of cutting-edge technology, feed, equipment, and investment capital. Most of the seafood consumed in the United States, between 70 and 85%, is imported, and aquaculture is used to generate over half of it. The seafood trade deficit reached USD 17 billion in 2020.
United States Seafood Market Trends
Overfishing, high cost of fuel, and labor shortages had a negative impact on the production of captured fish
- Based on value, bivalve mollusks, including oysters, clams, and mussels, make up more than 80% of marine aquaculture production in the United States in 2022. Fish is the largest sector of aquaculture in the United States, which accounted for 66% of the market in 2022, followed by crustaceans and mollusks. The most popular types of fish farmed internationally are salmon, shrimp, trout, and sea bass, but new developments in technology, aquaculture feeds, and management strategies are making other species available. By weight, marine aquaculture makes up 7% of all domestic seafood production. However, because of the emphasis on high-value items, aquaculture now accounts for 24% of the value of domestic seafood.
- Overfishing, high fuel costs, and labor shortages have negatively impacted the production of captured fish, with fish production decreasing by 15% in 2022. Additionally, illegal fishing by foreign nationals has also impacted fish output. However, the overall drop in the actual value of fisheries production has been tempered by growth in the real value of aquaculture.
- In order to support producers and encourage fish production in the country, government assistance has come into play to aid the market's growth and development over the years. By assisting them through laws and investments, the US government has demonstrated its determination to encourage local and independent seafood producers. For instance, in February 2022, the US Department of Agriculture (USDA) invested approximately USD 50 million in grants to support seafood processors, processing facilities, and processing vessels through the Seafood Processors Pandemic Response and Safety Block Grant Program (SBRS).
Disruption in supply chain increased the price fluctuations
- Fish prices in the country witnessed standard growth in the review period and registered an average growth of 30.6% from 2017 to 2022. It is estimated that demand will outpace supply moving forward. Fish prices followed an upward trend in recent years due to limitations on supply growth, particularly for capturing fisheries, and continued registering strong demand. For fish products sold with weight information, the prices increased by more than 2.2% in 2021 and another 5% in 2022. For products sold without weight information, the trend in prices and percentage change in price was similar, but with lower average prices and a wider range of growth rate values. However, in 2021, international fish prices were, on average, just 6-8% higher than the previous year. This was primarily due to price declines for many important farmed species, including shrimp, salmon, pangasius, catfish, tilapia, and canned tuna, as a consequence of supply outpacing demand.
- On the supply side, stable production of capture fisheries, slowing growth in aquaculture production, and increased costs for inputs such as feed, energy, and oil are expected to play a role in the segment. Due to strong global demand, the prices of fishmeal and fish oil are expected to increase by 30% and 13%, respectively, by 2030.
- In 2022, the United States was one of the largest fish-importing markets, following the European Union, and accounted for an import value of around 18%. Urbanization and expansion of the fish-consuming middle class have fueled demand and growth in the country. The US seafood imports destined for retail support the largest share of the total economic contributions, which was USD 26 billion in industry output (37.0%) and USD 15 billion in value-added (39.7%) in 2022.
OTHER KEY INDUSTRY TRENDS COVERED IN THE REPORT
- The rising cost of marine fuels and logistical disruptions led to higher prices
- The lack of shrimp producers is the reason for slow growth
- Overfishing, high cost of fuel, and labor shortages had a negative impact on the production of captured fish
United States Seafood Industry Overview
The United States Seafood Market is fragmented, with the top five companies occupying 17.24%. The major players in this market are Mowi ASA, NH Foods Ltd, Sysco Corporation, Thai Union Group PCL and The Kraft Heinz Company (sorted alphabetically).
United States Seafood Market Leaders
Mowi ASA
NH Foods Ltd
Sysco Corporation
Thai Union Group PCL
The Kraft Heinz Company
Other important companies include Admiralty Island Fisheries Inc., Beaver Street Fisheries, High Liner Foods Inc., Inland Seafood Inc., Trident Seafood Corporation.
*Disclaimer: Major Players sorted in alphabetical order.
United States Seafood Market News
- May 2023: Trident Seafood Corporation has collaborated with Copper River Prince William Sound Marketing Association to introduce new Prized Fish product range in the United Staes Market.
- April 2023: Inland Seafood opened a new facility of its own in Jefferson Parish. They invested approximately USD 4 million in order to purchase and renovate a 14,000-square-foot facility in Elmwood, bringing 55 jobs to Jefferson Parish.
- January 2023: In order to expand their operations in the western part of the United States Inland Seafood acquired Texas-based Lonestar Seafood. The Texas-based supplier is famous for the quality of lobsters they supply.
Free with this Report
We offer a comprehensive and exhaustive set of data pointers. These cover global, regional, and country-level metrics that illustrate the fundamentals of the meat and meat substitutes industry. Clients can access in-depth market analysis through 45+ free charts. This analysis is based on the production of various meat and seafood types, as well as the prices of meat, meat substitutes, and different seafood types. We provide granular-level segmental information, supported by a repository of market data, trends, and expert analysis. Data and analysis on meat types, seafood types, meat substitute types, forms, distribution channels, and more are available. These are provided in the form of comprehensive reports as well as Excel-based data worksheets.
United States Seafood Market Report - Table of Contents
EXECUTIVE SUMMARY & KEY FINDINGS
1. INTRODUCTION
1.1. Study Assumptions & Market Definition
1.2. Scope of the Study鈥
1.3. Research Methodology
2. KEY INDUSTRY TRENDS
2.1. Price Trends
2.1.1. Fish
2.1.2. Shrimp
2.2. Production Trends
2.2.1. Fish
2.2.2. Shrimp
2.3. Regulatory Framework
2.3.1. United States
2.4. Value Chain & Distribution Channel Analysis
3. MARKET SEGMENTATION (includes market size in Value in USD, Forecasts up to 2029 and analysis of growth prospects)
3.1. Type
3.1.1. Fish
3.1.2. Shrimp
3.1.3. Other Seafood
3.2. Form
3.2.1. Canned
3.2.2. Fresh / Chilled
3.2.3. Frozen
3.2.4. Processed
3.3. Distribution Channel
3.3.1. Off-Trade
3.3.1.1. Convenience Stores
3.3.1.2. Online Channel
3.3.1.3. Supermarkets and Hypermarkets
3.3.1.4. Others
3.3.2. On-Trade
4. COMPETITIVE LANDSCAPE
4.1. Key Strategic Moves
4.2. Market Share Analysis
4.3. Company Landscape
4.4. Company Profiles (includes Global level Overview, Market level overview, Core Business Segments, Financials, Headcount, Key Information, Market Rank, Market Share, Products and Services, and analysis of Recent Developments)
4.4.1. Admiralty Island Fisheries Inc.
4.4.2. Beaver Street Fisheries
4.4.3. High Liner Foods Inc.
4.4.4. Inland Seafood Inc.
4.4.5. Mowi ASA
4.4.6. NH Foods Ltd
4.4.7. Sysco Corporation
4.4.8. Thai Union Group PCL
4.4.9. The Kraft Heinz Company
4.4.10. Trident Seafood Corporation
5. KEY STRATEGIC QUESTIONS FOR SEAFOOD INDUSTRY CEOS
6. APPENDIX
6.1. Global Overview
6.1.1. Overview
6.1.2. Porter鈥檚 Five Forces Framework
6.1.3. Global Value Chain Analysis
6.1.4. Market Dynamics (DROs)
6.2. Sources & References
6.3. List of Tables & Figures
6.4. Primary Insights
6.5. Data Pack
6.6. Glossary of Terms
List of Tables & Figures
- Figure 1:
- FISH PRICE PER METRIC TON, USD, UNITED STATES, 2017 - 2023
- Figure 2:
- SHRIMP PRICE PER METRIC TON, USD, UNITED STATES, 2017 - 2023
- Figure 3:
- FISH PRODUCTION, METRIC TON, UNITED STATES, 2017 - 2029
- Figure 4:
- SHRIMP PRODUCTION, METRIC TON, UNITED STATES, 2017 - 2029
- Figure 5:
- VOLUME OF SEAFOOD MARKET, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 6:
- VALUE OF SEAFOOD MARKET, USD, UNITED STATES, 2017 - 2029
- Figure 7:
- VOLUME OF SEAFOOD MARKET BY TYPE, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 8:
- VALUE OF SEAFOOD MARKET BY TYPE, USD, UNITED STATES, 2017 - 2029
- Figure 9:
- VOLUME SHARE OF SEAFOOD MARKET SPLIT BY TYPE, %, UNITED STATES, 2017 VS 2023 VS 2029
- Figure 10:
- VALUE SHARE OF SEAFOOD MARKET SPLIT BY TYPE, %, UNITED STATES, 2017 VS 2023 VS 2029
- Figure 11:
- VOLUME OF FISH MARKET, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 12:
- VALUE OF FISH MARKET, USD, UNITED STATES, 2017 - 2029
- Figure 13:
- VALUE SHARE OF FISH SEAFOOD MARKET SPLIT BY FORM, %, UNITED STATES, 2022 VS 2029
- Figure 14:
- VOLUME OF SHRIMP MARKET, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 15:
- VALUE OF SHRIMP MARKET, USD, UNITED STATES, 2017 - 2029
- Figure 16:
- VALUE SHARE OF SHRIMP SEAFOOD MARKET SPLIT BY FORM, %, UNITED STATES, 2022 VS 2029
- Figure 17:
- VOLUME OF OTHER SEAFOOD MARKET, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 18:
- VALUE OF OTHER SEAFOOD MARKET, USD, UNITED STATES, 2017 - 2029
- Figure 19:
- VALUE SHARE OF OTHER SEAFOOD SEAFOOD MARKET SPLIT BY FORM, %, UNITED STATES, 2022 VS 2029
- Figure 20:
- VOLUME OF SEAFOOD MARKET BY FORM, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 21:
- VALUE OF SEAFOOD MARKET BY FORM, USD, UNITED STATES, 2017 - 2029
- Figure 22:
- VOLUME SHARE OF SEAFOOD MARKET SPLIT BY FORM, %, UNITED STATES, 2017 VS 2023 VS 2029
- Figure 23:
- VALUE SHARE OF SEAFOOD MARKET SPLIT BY FORM, %, UNITED STATES, 2017 VS 2023 VS 2029
- Figure 24:
- VOLUME OF CANNED SEAFOOD MARKET, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 25:
- VALUE OF CANNED SEAFOOD MARKET, USD, UNITED STATES, 2017 - 2029
- Figure 26:
- VALUE SHARE OF CANNED SEAFOOD MARKET SPLIT BY TYPE, %, UNITED STATES, 2022 VS 2029
- Figure 27:
- VOLUME OF FRESH / CHILLED SEAFOOD MARKET, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 28:
- VALUE OF FRESH / CHILLED SEAFOOD MARKET, USD, UNITED STATES, 2017 - 2029
- Figure 29:
- VALUE SHARE OF FRESH / CHILLED SEAFOOD MARKET SPLIT BY TYPE, %, UNITED STATES, 2022 VS 2029
- Figure 30:
- VOLUME OF FROZEN SEAFOOD MARKET, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 31:
- VALUE OF FROZEN SEAFOOD MARKET, USD, UNITED STATES, 2017 - 2029
- Figure 32:
- VALUE SHARE OF FROZEN SEAFOOD MARKET SPLIT BY TYPE, %, UNITED STATES, 2022 VS 2029
- Figure 33:
- VOLUME OF PROCESSED SEAFOOD MARKET, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 34:
- VALUE OF PROCESSED SEAFOOD MARKET, USD, UNITED STATES, 2017 - 2029
- Figure 35:
- VALUE SHARE OF PROCESSED SEAFOOD MARKET SPLIT BY TYPE, %, UNITED STATES, 2022 VS 2029
- Figure 36:
- VOLUME OF SEAFOOD MARKET BY DISTRIBUTION CHANNEL, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 37:
- VALUE OF SEAFOOD MARKET BY DISTRIBUTION CHANNEL, USD, UNITED STATES, 2017 - 2029
- Figure 38:
- VOLUME SHARE OF SEAFOOD MARKET SPLIT BY DISTRIBUTION CHANNEL, %, UNITED STATES, 2017 VS 2023 VS 2029
- Figure 39:
- VALUE SHARE OF SEAFOOD MARKET SPLIT BY DISTRIBUTION CHANNEL, %, UNITED STATES, 2017 VS 2023 VS 2029
- Figure 40:
- VOLUME OF SEAFOOD MARKET SOLD VIA OFF-TRADE, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 41:
- VALUE OF SEAFOOD MARKET SOLD VIA OFF-TRADE, USD, UNITED STATES, 2017 - 2029
- Figure 42:
- VOLUME OF SEAFOOD MARKET SOLD VIA OFF-TRADE CHANNELS, %, UNITED STATES, 2017 VS 2023 VS 2029
- Figure 43:
- VALUE OF SEAFOOD MARKET SOLD VIA OFF-TRADE CHANNELS, %, UNITED STATES, 2017 VS 2023 VS 2029
- Figure 44:
- VOLUME OF SEAFOOD MARKET SOLD VIA CONVENIENCE STORES, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 45:
- VALUE OF SEAFOOD MARKET SOLD VIA CONVENIENCE STORES, USD, UNITED STATES, 2017 - 2029
- Figure 46:
- VALUE SHARE OF SEAFOOD MARKET SOLD VIA CONVENIENCE STORES SPLIT BY TYPE, %, UNITED STATES, 2022 VS 2029
- Figure 47:
- VOLUME OF SEAFOOD MARKET SOLD VIA ONLINE CHANNEL, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 48:
- VALUE OF SEAFOOD MARKET SOLD VIA ONLINE CHANNEL, USD, UNITED STATES, 2017 - 2029
- Figure 49:
- VALUE SHARE OF SEAFOOD MARKET SOLD VIA ONLINE CHANNEL SPLIT BY TYPE, %, UNITED STATES, 2022 VS 2029
- Figure 50:
- VOLUME OF SEAFOOD MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 51:
- VALUE OF SEAFOOD MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS, USD, UNITED STATES, 2017 - 2029
- Figure 52:
- VALUE SHARE OF SEAFOOD MARKET SOLD VIA SUPERMARKETS AND HYPERMARKETS SPLIT BY TYPE, %, UNITED STATES, 2022 VS 2029
- Figure 53:
- VOLUME OF SEAFOOD MARKET SOLD VIA OTHERS, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 54:
- VALUE OF SEAFOOD MARKET SOLD VIA OTHERS, USD, UNITED STATES, 2017 - 2029
- Figure 55:
- VALUE SHARE OF SEAFOOD MARKET SOLD VIA OTHERS SPLIT BY TYPE, %, UNITED STATES, 2022 VS 2029
- Figure 56:
- VOLUME OF SEAFOOD MARKET SOLD VIA ON-TRADE, METRIC TONS, UNITED STATES, 2017 - 2029
- Figure 57:
- VALUE OF SEAFOOD MARKET SOLD VIA ON-TRADE, USD, UNITED STATES, 2017 - 2029
- Figure 58:
- MOST ACTIVE COMPANIES BY NUMBER OF STRATEGIC MOVES, COUNT, UNITED STATES, 2020 - 2023
- Figure 59:
- MOST ADOPTED STRATEGIES, COUNT, UNITED STATES, 2020 - 2023
- Figure 60:
- VALUE SHARE OF MAJOR PLAYERS, %, UNITED STATES, 2022
United States Seafood Industry Segmentation
Fish, Shrimp are covered as segments by Type. Canned, Fresh / Chilled, Frozen, Processed are covered as segments by Form. Off-Trade, On-Trade are covered as segments by Distribution Channel.
- The United States produced 7.8 million tons of fish (including mollusks and crustaceans) in 2022, with a value of USD 9,065.5 million. 糖心vlog传媒 17% of this value came from aquaculture and 83% from fisheries. An important factor at play here is that the United States is a net importer of fish and fish products. To promote local production, the government has shown its support through many policies and ventures. The major seafood type consumed in the United States is the other seafood segment, while the fastest-moving segment is shrimp, which is projected to record a CAGR of 2.3% during the forecast period.
- In the United States, regulators implemented season-length restrictions, total allowable catch limits, and gear and vessel power restrictions to combat overfishing. As a result, fishermen adopted new technologies and methods to work around these controls. The United States witnessed a price hike of 2.4 per kg in 2022 from 19.3 per kg in 2017. The production of seafood from local aquaculture in the country has also been increasing, with the average value of production per employee in aquaculture seeing an increase of 28% compared to the previous decade.
- The market is poised to record a CAGR of 5.46% during the forecast period. The seafood industry is a major contributor to the country's economy. The United States is a key player in global aquaculture and the world's top importer of fish and fishery products. It also provides other producers worldwide with a range of cutting-edge technology, feed, equipment, and investment capital. Most of the seafood consumed in the United States, between 70 and 85%, is imported, and aquaculture is used to generate over half of it. The seafood trade deficit reached USD 17 billion in 2020.
Type | |
Fish | |
Shrimp | |
Other Seafood |
Form | |
Canned | |
Fresh / Chilled | |
Frozen | |
Processed |
Distribution Channel | ||||||
| ||||||
On-Trade |
Market Definition
- Frozen / Canned Seafood - Frozen seafood are products whose average temperature is reduced to -18 掳 C or lower to preserve the inherent quality of the fresh fish. Then it is kept at a temperature of -18 掳 C or lower to maintain its shelf life.鈥
- Processed Seafood - Processed seafood are the ones that have been cured, salted, marinated, dried, pickled, fermented or smoked for human consumption. 鈥
- Seafood - It contains marine species that can be consumed, particularly fish and shelled marine life.鈥
- Shrimp - Shrimp are swimming crustaceans. They have long, slender muscles in their abdomens and lengthy antennae.鈥
Keyword | Definition |
---|---|
A5 | It is a Japanese grading system for beef. The 'A' means the carcass yield is the highest possible and the numeric rating relates to beef marbling, color and brightness of the flesh, its texture and color, luster, and fat quality. A5 is the highest mark wagyu beef can score. |
Abbatoir | It is another name for a slaughterhouse and refers to the premise used for or in connection with the slaughter of animals whose meat is intended for human consumption. |
Acute Hepatopancreatic Necrosis Disease (AHPND) | It is a disease that affects shrimp and is characterized by high mortalities, in many cases reaching 100% within 30-35 days of stocking grow-out ponds. |
African Swine Fever (ASF) | It is a highly contagious viral disease of pigs caused by a double-stranded DNA virus in the Asfarviridae family. |
Albacore Tuna | It is one of the smallest species of tuna found in the six distinct stocks known globally in the Atlantic, Pacific, and Indian oceans, as well as the Mediterranean Sea. |
Angus beef | It is beef derived from a specific breed of cattle indigenous to Scotland. It requires certification from the American Angus Association to receive the "Certified Angus Beef" quality mark |
Bacon | It is salted or smoked meat that comes from the back or sides of a pig |
Black Angus | It is beef derived from a black-hided breed of cows that don't have horns. |
Bologna | It is an Italian smoked sausage made of meat, typically large and made from pork, beef or veal. |
Bovine spongiform encephalopathy (BSE) | It is a progressive neurological disorder of cattle that results from infection by an unusual transmissible agent called a prion. |
Bratwurst | It refers to a type of German sausage made from pork, beef or veal. |
BRC | British Retail Consortium |
Brisket | It is a cut of meat from the breast or lower chest of beef or veal. The beef brisket is one of the nine beef primal cuts. |
Broiler | It refers to any chicken (Gallus domesticus) that is bred and raised specifically for meat production. |
Bushel | It is a unit of measurement for grains and pulses. 1 bushel = 27.216 kg |
Carcass | It refers to the dressed body of a meat animal from which butchers trim the meat |
CFIA | Canadian Food Inspection Agency |
Chicken Tender | It refers to chicken meat prepared from the pectoralis minor muscles of a chicken bird. |
Chuck Steak | It refers to a cut of beef that is part of the chuck primal, which is a large section of meat from the shoulder area of a cow |
Corned Beef | It refers to beef brisket cured in brine and boiled, typically served cold. |
CWT | Also known as a hundredweight, it is a unit of measurement used to define the quantity of meat. 1 CWT = 50.80 kg |
Drumstick | It refers to a chicken leg without the thigh. |
EFSA | European Food Safety Authority |
ERS | Economic Research Service of the USDA |
Ewe | It is an adult female sheep. |
FDA | Food and Drug Administration |
Fillet Mignon | It is a cut of meat taken from the smaller end of the tenderloin. |
Flank Steak | It is a cut of beef steak taken from the flank, which lies forward of the rear quarter of a cow. |
Foodservice | It refers to the part of the food industry which includes businesses, institutions, and companies which prepare meals outside the home. It includes restaurants, school and hospital cafeterias, catering operations, and many other formats. |
Forage | It refers to animal feed. |
Foreshank | It is the upper part of the foreleg of cattle |
Franks | Also known as frankfurter or W眉rstchen, it is a type of highly seasoned smoked sausage popular in Austria and Germany. |
FSANZ | Food Standards Australia New Zealand |
FSIS | Food Safety and Inspection Service |
FSSAI | Food Safety and Standards Authority of India |
Gizzard | It refers to an organ found in the digestive tract of birds. It is also called the mechanical stomach of a bird. |
Gluten | It is a family of proteins found in grains, including wheat, rye, spelt, and barley |
Grain-fed beef | It is beef derived from cattle that have been fed a diet supplemented with soy and corn and other additives. Grainfed cows can also be given antibiotics and growth hormones to fatten them up more quickly. |
Grass-fed beef | It is beef derived from cattle that have only been fed grass as feed. |
Ham | It refers to the pork meat taken from the leg of a pig. |
HoReCa | Hotels, Restaurants and Cafes |
Jerky | It is lean trimmed meat that has been cut into strips and dried (dehydrated) to prevent spoilage. |
Kobe Beef | It is Wagyu beef specifically from the Kuroge Washu breed of cows in Japan. To be classified as Kobe beef, the cow must have been born, raised, and slaughtered within the Hy艒go prefecture in the city of Kobe in Japan. |
Liverwurst | It is type of German sausage made from beef or pork liver. |
Loin | It refers to the sides between the lower ribs and pelvis, and the lower part of the back of a cow. |
Mortadella | It is a large Italian sausage or luncheon meat made of finely hashed or ground heat-cured pork, which incorporates at least 15% small cubes of pork fat. |
Pastrami | It refers to a highly seasoned smoked beef, typically served in thin slices. |
Pepperoni | It is an American variety of spicy salami made from cured meat. |
Plate | It refers to a forequarter cut from the belly of a cow, just below the rib cut. |
Porcine reproductive and respiratory syndrome (PRRS) | It is a disease occurring in swine causing late-term reproductive failure and severe pneumonia in neonatal pigs. |
Primal cuts | It refers to the major sections of the carcass. |
Quorn | It is a meat substitute product prepared using mycoprotein as an ingredient, in which the fungus culture is dried and mixed with egg albumen or potato protein, which acts as a binder, and then is adjusted in texture and pressed into various forms. |
Ready-to-Cook (RTC) | It refers to food products that include all of the ingredients, where some preparation or cooking is required through a process that is given on the package. |
Ready-to-Eat (RTE) | It refers to a food product prepared or cooked in advance, with no further cooking or preparation required before being eaten |
Retort Packaging | It is a process of aseptic packaging food in which food is filled into a pouch or metal can, sealed, and then heated to extremely high temperatures, rendering the product commercially sterile. |
Round Steak | It refers to a beef steak from the the rear leg of the cow. |
Rump Steak | It refers to a cut of beef derived from the division between the leg and the chine. |
Salami | It is a cured sausage consisting of fermented and air-dried meat. |
Saturated fat | It is a type of fat in which the fatty acid chains have all single bonds. It is generally considered unhealthy. |
Sausage | It is a meat product made of finely chopped and seasoned meat, which may be fresh, smoked, or pickled and which is then usually stuffed into a casing. |
Scallop | It is an edible shellfish that is a mollusk with a ribbed shell in two parts. |
Seitan | It is a plant-based meat substitute made out of wheat gluten. |
Self-service kios | It refers to a self-order point-of-sale (POS) system through which customers place and pay for their own orders at kiosks, enabling totally contactless and frictionless service. |
Sirloin | It is a cut of beef from the bottom and side parts of a cow's back. |
Surimi | It is a paste made from deboned fish |
Tenderloin | It refers to a cut of beef consisting of the entire tenderloin muscle of a cow |
Tiger Shrimp | It refers to a large shrimp variety from the Indian and Pacific oceans |
Trans fat | Also called trans-unsaturated fatty acids or trans fatty acids, it is a type of unsaturated fat that naturally occurs in small amounts in meat. |
Vannamei shrimp | It refers to tropical prawns and shrimp that are farmed in areas near the equator, generally along the coast in artificial ponds. |
Wagyu Bee | It is beef derived from any of four strains of a breed of black or red Japanese cattle that are valued for their highly marbled meat. |
Zoosanitary | It refers to the cleanliness of animals or animal product |
Research Methodology
糖心vlog传媒 follows a four-step methodology in all our reports.
- Step-1: Identify Key Variables: In order to build a robust forecasting methodology, the variables and factors identified in Step 1 are tested against available historical market numbers. Through an iterative process, the variables required for market forecast are set, and the model is built on the basis of these variables.鈥
- Step-2: Build a Market Model: Market-size estimations for the forecast years are in nominal terms. Inflation is not a part of the pricing, and the average selling price (ASP) is kept constant throughout the forecast period for each country.鈥
- Step-3: Validate and Finalize: In this important step, all market numbers, variables, and analyst calls are validated through an extensive network of primary research experts from the market studied. The respondents are selected across levels and functions to generate a holistic picture of the market studied.鈥
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms.