China is one of the largest seafood-consuming countries in the world. In 2015, revenue for the Frozen Seafood Processing industry is expected to total $58.3 billion, up just 0.1% from 2014. Industry revenue has been increasing at an annualized rate of 8.6% over the five years to 2015, in line with steadily growing domestic demand.
China's frozen seafood exports growth was steady over the five-year period; in 2015, exports are expected to account for 17.2% of industry revenue, amounting to $10.1 billion. Competing imports are set to total $6.4 billion in 2015 and account for 11.6% of domestic demand. Annualized import growth is estimated at 2.7% over the past five years.
The Frozen Seafood Processing industry in China comprises establishments engaged in the processing of fish, shrimp, shellfish and other seafood by freezing. The processing of frozen seafood for industrial purposes is not included in this industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.