The market of seafood type is projected to grow at a CAGR of 4.1% from 2013 to 2018.

DALLAS, TEXAS, UNITED STATES, July 25, 2014 /EINPresswire.com/ -- The report “Processed Seafood & Seafood Processing Equipment Market by Types (Crustaceans, Fish, Molluscs, Others), by Product Types (Frozen, Smoked, Canned, Dried, Surimi, Others), by Equipment Types & by Geography - Global Trends & Forecasts to 2018” defines and segments the processed seafood and seafood processing equipment market with analysis of current demand and forecasted consumption in terms of revenue. It also identifies the driving and restraining factors for the mentioned market with an analysis of trends, opportunities, burning issues, winning imperatives, and challenges.

Browse more than 102 market data tables with 29 figures spread through 260 pages and in-depth TOC on "Processed Seafood & Seafood Processing Equipment Market - Global Trends & Forecasts to 2018"

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The market for processed seafood was estimated to be worth around $165,592.1 million in 2012 and is expected to reach $211,210.7 million by 2018, growing at a CAGR of 4.1% from 2013 to 2018. The seafood processing equipment market was $1,169.2 million in 2012, and is expected to reach 1,469.5 million by 2018, growing at a CAGR of 3.8% from 2013 to 2018. Leading processors are focusing on the expansion of the respective businesses and products across various regions to ramp up production capacities and broaden the overall product line. Major industry participants are involved in new product launches and acquisitions to penetrate the untapped markets of Asia, ROW and Latin America.

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The market is segmented by types and by product-types. The market revenue is forecasted on the basis of major regions such as North America, Europe, Asia-Pacific, and Rest of the World (ROW). On the basis of significant contribution to overall demand, key countries have been covered and forecasted for each region.

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