Published by FACT MR
Posted on September 23, 2021
5 min readLast updated: February 2, 2026
The surimi market is set for significant growth by 2030, driven by rising demand and innovative products. East Asia leads, with South East Asia & Oceania showing the highest growth.
The surimi market has shown consistent growth in recent years, and is expected to experience a similar growth trend during the forecast period of 2020 to 2030. In terms of supply, the market has shown stagnancy and slight fluctuations over the past decade. However, demand for surimi has been gradually increasing during the same period. This rift has led to increasing prices for raw materials as well as end-use products.
The global surimi market is expected to experience high growth in terms of value during the forecast period, while growth in volume is expected to be moderate. Investments by companies to increase penetration, increasing consumer expenditure on seafood, and government investments & regulations to increase sustainable catch are expected to drive the expansion of the surimi market size over the coming years.
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Growing demand for seafood analogs such as imitation crabs and lobster meat has been driving demand for surimi in the global market. Innovative products such as surimi noodles and efforts by companies to adopt new taste trends to meet consumer demand are also aiding market expansion. As such, the surimi market is expected to experience high growth in terms of volume over the coming decade.
As per Fact.MR analysis, the global surimi market is anticipated to reach a valuation of over US$ 12 billion by 2030, with its growth rate pegged at nearly 6% from 2020 to 2030.
“Gap between supply and demand for surimi has been driving prices in recent years, and further imposition of sustainable fishing practices is expected to have a high impact on prices in future,”says a Fact.MR analyst.
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Fact.MR has studied the surimi market with detailed segmentation on the basis of source, packaging, end use, distribution channel, and region.
Source
Packaging
End Use
Distribution Channel
Region
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The surimi market is highly fragmented in nature, with the top players accounting nearly one-fifth of the market share. Due to this fragmented nature, players in the market have shown high tendency for acquisitions and mergers to increase their revenue share. For example, in January 2018, Viciunai Group acquired Creative Seafood France. This acquisition was aimed at increasing the presence of the company in France, as CSF France holds 10 to 15% of the French surimi market. Similar acquisitions are being carried out by many companies. The surimi market is expected to remain fragmented till the end of the forecast period.
Fact.MR, in its new offering, provides an unbiased analysis of the global surimi market, with historical data on demand (2015-2019) and expected projections for the period (2020-2030). The surimi market report discloses compelling insights into the demand for surimi based on source (Alaska Pollock, Itoyori, Pacific Whiting, Silver Carp, and others), packaging (frozen and chilled or fresh), end use (households, HoReCa, food processing, and others), and distribution channel (direct sales and retail sales {supermarkets & hypermarkets, online retail, and wet markets & others}), across several different regions.
For More Insights: http://www.globenewswire.com/en/news-release/2018/08/28/1557787/0/en/Global-Bergamot-Oil-Market-Forecasted-to-Exhibit-a-CAGR-of-3-9-through-2022.html
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The post Silver Carp Surimi Market Global Demand, Key Players, Overview, Supply and Consumption Analysis appeared first on The Cloud Tribune.
The article discusses the growth and demand trends in the global Silver Carp Surimi market.
East Asia holds a significant share, while South East Asia & Oceania are expected to show the highest growth rates.
Demand for surimi is expected to increase, with frozen surimi growing 1.9X by 2030.
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