Asia-Pacific Seafood Market Analysis by Mordor Intelligence
The Asia Pacific seafood market size reached USD 384.63 billion in 2025 and, at a forecast CAGR of 6.89%, is projected to climb to USD 536.69 billion by 2030. Growth reflects rising middle-class purchasing power, expanding cold-chain infrastructure, and the rapid integration of blockchain traceability that improves transparency and supports premium pricing across the supply chain. Regional production benefits from government-backed aquaculture programs, RCEP-enabled tariff reductions, and continuous investments in renewable energy that lower unit costs and carbon footprints[1]Economic Research Institute for ASEAN and East Asia. "Regional Comprehensive Economic Partnership: Implications, Challenges, and Future Growth of East Asia and ASEAN." March 14, 2022. https://www.eria.org/publications/regional-comprehensive-economic-partnership-implications-challenges-and-future-growth-of-east-asia-and-asean.. Climate-linked raw-material volatility and labor shortages are driving early adoption of automation, AI-enabled farming, and sustainable certification, positioning agile operators for long-term gains. Competitive intensity remains high because low concentration leaves ample room for specialized players to capture share through product innovation and digital direct-to-consumer distribution.
Key Report Takeaways
By type, fish led with 46.76% of the Asia Pacific seafood market share in 2024 while shrimp is projected to expand at a 6.84% CAGR through 2030.
By source, aquaculture held 76.84% share of the Asia Pacific seafood market size in 2024 and is advancing at a 7.16% CAGR to 2030.
By form, frozen products commanded 39.26% share of the Asia Pacific seafood market size in 2024, whereas processed seafood records the highest 7.53% CAGR through 2030.
By distribution channel, off-trade outlets captured 57.49% of the Asia Pacific seafood market share in 2024 and lead growth with an 8.26% CAGR forecast to 2030.
By country, China dominated at 53.18% market share in 2024, while India posts the fastest 7.84% CAGR through 2030.
Asia-Pacific Seafood Market Trends and Insights
Drivers Impact Analysis
| Driver | % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising middle-class seafood consumption | +1.2% | China, India, Indonesia, Vietnam | Medium term (2-4 years) |
| Expansion of retail & e-commerce cold-chain networks | +0.9% | APAC core, spill-over to Southeast Asia | Short term (≤ 2 years) |
| Government aquaculture intensification programs | +1.1% | India, China, Vietnam, Thailand | Long term (≥ 4 years) |
| Blockchain-enabled traceability adoption | +0.7% | Global, early adoption in Japan, Australia | Medium term (2-4 years) |
| RCEP-driven preferential tariff benefits | +0.8% | RCEP member countries (15 nations) | Short term (≤ 2 years) |
| Growth of private-label ready-to-eat seafood | +0.6% | Urban centers across APAC | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Rising Middle-Class Seafood Consumption
The expanding middle class across Asia Pacific is fundamentally reshaping seafood consumption patterns, with urban households increasingly prioritizing protein-rich diets and premium seafood varieties. This demographic shift is particularly pronounced in India, where the government's Pradhan Mantri Matsya Sampada Yojana (PMMSY) program has allocated USD 2.5 billion to boost aquaculture production and processing infrastructure, directly supporting rising domestic consumption alongside export growth. The consumption upgrade is driving demand for higher-value species like salmon and premium shrimp, creating opportunities for producers to capture enhanced margins through product differentiation. Middle-class consumers are also increasingly conscious of sustainability credentials, with MSC-certified products experiencing 9% year-over-year sales growth globally, indicating strong market acceptance of premium-priced sustainable options[2]Marine Stewardship Council. "Annual Report 2023 Summary." January 1, 2025. https://www.msc.org/about-the-msc/reports-and-brochures/annual-report-2023-summary.. This trend is reinforcing the shift toward aquaculture systems that can deliver consistent quality and traceability, supporting the segment's dominant 76.84% market share. The consumption pattern evolution is expected to sustain long-term market expansion as disposable incomes continue rising across the region's emerging economies.
Expansion of Retail & E-Commerce Cold-Chain Networks
Cold-chain infrastructure development is accelerating across Asia Pacific as e-commerce platforms and retailers invest heavily in temperature-controlled logistics to capture growing online seafood sales. Major Chinese platforms have committed substantial resources to cold-chain expansion, with JD.com investing over USD 1 billion in cold-chain facilities and Alibaba's Freshippo expanding its fresh food delivery network to cover 300 cities. This infrastructure buildout is particularly critical for frozen seafood, which commands 39.26% of the market by form, as it enables direct-to-consumer delivery of premium products while maintaining quality standards. The investment wave extends beyond China, with Thailand and Vietnam receiving Asian Development Bank financing for cold storage facility upgrades that support both domestic distribution and export capabilities. Advanced cold-chain networks are also enabling the growth of private-label seafood products, as retailers gain confidence in maintaining product integrity throughout the distribution process. The infrastructure expansion is creating competitive advantages for companies that can leverage these networks effectively, while also reducing food waste and improving supply chain efficiency across the region.
Government Aquaculture Intensification Programs
Government-led aquaculture development initiatives across Asia Pacific are driving technological modernization and production capacity expansion, with countries implementing comprehensive programs to enhance food security and export competitiveness. India's PMMSY program exemplifies this approach, targeting 220 lakh metric tons of fish production by 2024-25 through integrated development of fisheries infrastructure, including modern hatcheries and processing facilities. Japan has launched smart aquaculture initiatives incorporating AI and IoT technologies to optimize feeding schedules and monitor water quality, while promoting land-based recirculating aquaculture systems (RAS) that reduce environmental impact. These programs are particularly focused on sustainable production methods that address environmental concerns while meeting growing demand, with regulatory frameworks increasingly emphasizing certification standards and traceability requirements. The government support is accelerating the adoption of closed-system aquaculture that reduces disease risks and improves yield predictability, supporting the aquaculture segment's 7.16% CAGR growth rate. Long-term program impacts include enhanced biosecurity protocols, improved genetic stock quality, and increased integration of renewable energy systems in aquaculture operations.
Blockchain-Enabled Traceability Adoption
Blockchain technology implementation is transforming seafood supply chain transparency across Asia Pacific, with early adopters gaining competitive advantages through enhanced consumer trust and regulatory compliance. The TraSeable platform has achieved significant traction in Southeast Asian markets, enabling real-time tracking of seafood products from harvest to retail while reducing documentation fraud and improving food safety verification. Australian companies like Austral Fisheries have implemented comprehensive blockchain systems that integrate with FISH Standard certification, providing consumers with detailed product provenance information accessible through QR code scanning. The technology adoption is being accelerated by regulatory requirements in key export markets, particularly the European Union's increasing emphasis on supply chain transparency and sustainability documentation. Blockchain implementation costs are declining rapidly as platform providers achieve scale, making the technology accessible to smaller producers and processors who previously could not afford comprehensive traceability systems. The technology is particularly valuable for premium product segments where origin authenticity and handling history directly impact market pricing and consumer acceptance.
Restraints Impact Analysis
| Restraint | % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Sustainability certification cost escalation | -0.8% | Global, particularly affecting smaller producers | Medium term (2-4 years) |
| Climate-linked raw-material price volatility | -1.1% | APAC core, coastal production regions | Short term (≤ 2 years) |
| Chinese customs antibiotic residue rejections | -0.6% | Export-oriented producers to China | Short term (≤ 2 years) |
| Labour shortages in coastal processing plants | -0.9% | Thailand, Vietnam, Indonesia, Malaysia | Short term (≤ 2 years) |
| Source: Mordor Intelligence | |||
Sustainability Certification Cost Escalation
Rising costs associated with MSC and ASC certification processes are creating barriers for smaller producers while consolidating market advantages among larger, well-capitalized operations. The MSC certification process typically requires 12-18 months and involves substantial fees for pre-assessments, full assessments, annual surveillance audits, and ongoing compliance documentation, with total costs often exceeding USD 100,000 for complex fisheries. Chain of custody certification adds additional layers of expense, requiring separate audits for each facility in the supply chain and creating ongoing surveillance costs that can strain smaller processors' margins. The certification requirements have become more stringent under MSC Fisheries Standard v3.0, which introduced enhanced evidence requirements, stronger endangered species protections, and mandatory harvest strategy documentation that increases assessment complexity and duration. These escalating costs are particularly challenging for developing-country producers who may lack the technical expertise and financial resources to navigate certification processes effectively, potentially limiting their access to premium markets that increasingly demand sustainability credentials. The cost burden is creating market segmentation where certified products command price premiums that smaller producers cannot capture, reinforcing competitive advantages for established players with certification capabilities.
Labour Shortages in Coastal Processing Plants
Acute labor shortages in seafood processing facilities across Thailand, Vietnam, and Indonesia are constraining production capacity and driving operational cost increases as companies compete for available workers. In 2025, border tensions between Thailand and Cambodia resulted in the repatriation of approximately 400,000 Cambodian workers within five days, severely disrupting food processing operations that relied heavily on migrant labor. Vietnamese shrimp processors report similar challenges, with raw material shortages exacerbated by production cuts as farmers abandon ponds due to negative margins caused by rising labor and feed costs. The labor shortage is accelerating automation adoption in processing facilities, with companies investing in robotic systems for sorting, packaging, and quality control functions, though these capital investments require significant upfront costs that strain cash flows. Processing companies are also implementing retention strategies including improved worker housing, healthcare benefits, and wage increases that compress profit margins while production capacity remains constrained. The shortage is particularly acute during peak processing seasons, forcing companies to prioritize higher-value product lines while potentially reducing output of commodity products that generate lower margins per unit of labor input.
Segment Analysis
By Type: Fish Dominance Faces Shrimp Innovation
Fish products command 46.76% of the Asia Pacific seafood market share in 2024, reflecting the segment's broad consumer appeal and established supply chain infrastructure across diverse species categories. The fish segment benefits from extensive aquaculture systems that produce consistent volumes of popular species like tilapia, salmon, and various marine fish through both traditional pond farming and advanced recirculating aquaculture systems. Major producers have invested heavily in genetic improvement programs and feed optimization to enhance growth rates and disease resistance, with companies like CP Foods developing specialized breeds adapted to local environmental conditions[3]Charoen Pokphand Foods Public Company Limited. "CP Foods becomes the first Thai company that receives GMP+ standards throughout Feed Value Chain." CPF Worldwide, February 13, 2025. https://www.cpfworldwide.com/en/media-center/1501.. The segment's market leadership is supported by diverse consumption patterns ranging from fresh whole fish in traditional markets to processed fillets in modern retail channels, enabling producers to optimize revenue across multiple product formats and price points.
Shrimp emerges as the fastest-growing type segment with a 6.84% CAGR forecast for 2025-2030, driven by premium export demand and technological advances in intensive farming systems. The shrimp segment benefits from high-value positioning in international markets, with Thailand's shrimp exports generating THB 36,284 million from 109,663 tonnes in the first ten months of 2024, demonstrating strong unit values despite volume challenges. Advanced farming techniques including probiotics, closed-system cultivation, and automated monitoring are improving survival rates and reducing disease risks that historically constrained production scalability. The segment is also benefiting from trade policy developments, with US countervailing duty investigations on competing suppliers creating market share opportunities for producers in countries like Thailand that maintain favorable trade status.
Note: Segment shares of all individual segments available upon report purchase
By Source: Aquaculture Leadership Drives Sustainability
Aquaculture dominates the Asia Pacific seafood market with 76.84% share in 2024 and leads growth with a 7.16% CAGR through 2030, reflecting the region's technological leadership in controlled farming environments and sustainable production methods. The aquaculture segment's market dominance stems from its ability to deliver consistent supply volumes, predictable quality standards, and reduced environmental impact compared to wild-catch operations that face increasing regulatory constraints and stock depletion concerns. Government support programs across the region are accelerating aquaculture expansion, with India's PMMSY initiative targeting 220 lakh metric tons of production through infrastructure development and technology adoption. Advanced aquaculture systems incorporating AI-driven feeding optimization, water quality monitoring, and disease prevention protocols are enabling higher yields per unit area while reducing resource consumption and waste generation.
Wild-catch operations maintain important market positions in specific species categories and premium product segments, though the segment faces mounting pressure from sustainability regulations and stock management requirements. Wild-catch fisheries are increasingly adopting MSC certification to access premium markets, with 19% of global wild marine catch now engaged with MSC standards and 674 fisheries participating in certification or assessment processes. The segment benefits from consumer preferences for wild-caught species in certain categories, particularly tuna and salmon, where natural feeding and habitat conditions are perceived to deliver superior taste and nutritional profiles. However, regulatory frameworks are becoming more stringent, with new MSC Fisheries Standard v3.0 requirements for enhanced evidence documentation, endangered species protection, and harvest strategy implementation creating compliance challenges for smaller fishing operations.
By Form: Frozen Infrastructure Enables Processed Innovation
The frozen segment captures 39.26% of market share in 2024, leveraging extensive cold-chain infrastructure investments and e-commerce platform expansion that enable direct-to-consumer delivery of premium seafood products. Frozen seafood benefits from extended shelf life that reduces waste throughout the distribution chain while maintaining nutritional value and food safety standards that support international trade requirements. Major e-commerce platforms have invested over USD 1 billion in cold-chain facilities, with JD.com and Alibaba's Freshippo networks enabling temperature-controlled delivery to hundreds of cities across China. The segment's infrastructure advantages are particularly valuable for export markets where transportation times and regulatory inspections require products to maintain frozen temperatures throughout extended supply chains. Advanced freezing technologies including individual quick freezing (IQF) and blast freezing are preserving product texture and appearance while enabling portion control and packaging innovations that appeal to modern consumers.
Processed seafood demonstrates the strongest growth trajectory at 7.53% CAGR for 2025-2030, driven by consumer demand for convenience products and value-added formulations that command premium pricing. The processed segment encompasses ready-to-eat products, marinated preparations, and innovative formats like plant-based alternatives that expand market reach beyond traditional seafood consumers. Companies are investing in processing technologies that extend shelf life while preserving nutritional benefits, with innovations like modified lysozyme applications replacing antibiotics in aquaculture-derived products. Private-label development is accelerating within the processed segment as retailers seek higher margins and greater control over product positioning, creating opportunities for specialized processors to capture long-term supply contracts. The segment also benefits from regulatory frameworks that support food safety innovation, with HACCP and GMP+ certifications enabling access to premium distribution channels and export markets.
Note: Segment shares of all individual segments available upon report purchase
By Distribution Channel: Off-Trade Dominance Accelerates Digital Transformation
Off-trade distribution channels control 57.49% of the Asia Pacific seafood market in 2024 and are expanding at 8.26% CAGR through 2030, reflecting accelerated consumer adoption of retail and online purchasing patterns. The off-trade segment encompasses supermarkets, hypermarkets, convenience stores, and rapidly growing online retail platforms that offer consumers greater product selection, competitive pricing, and convenient purchasing options compared to traditional wet markets and restaurants. E-commerce penetration is particularly strong in urban markets where consumers value home delivery convenience and product traceability information that online platforms can provide through detailed product descriptions and supplier information. Major retailers are developing private-label seafood products that leverage their distribution networks and consumer data to optimize product formulations and pricing strategies, creating competitive advantages that traditional suppliers struggle to replicate. The segment benefits from cold-chain infrastructure investments that enable quality maintenance throughout the distribution process while reducing waste and improving inventory management efficiency.
On-trade channels including restaurants, hotels, and foodservice operations maintain important positions in premium product categories and experiential dining segments, though growth rates lag behind retail expansion. The on-trade segment benefits from chef expertise and culinary innovation that can showcase premium seafood products and introduce consumers to new species and preparation methods. However, the segment faces challenges from labor shortages in coastal processing plants that affect supply consistency and pricing stability, particularly for fresh and live seafood products that require rapid distribution and specialized handling. Regulatory compliance requirements for foodservice operations are also increasing, with enhanced food safety documentation and traceability standards that create operational complexity and cost pressures for smaller establishments.
Geography Analysis
In 2024, China holds a dominant 53.18% market share, driven by its integrated aquaculture production, advanced processing capabilities, and robust domestic consumption. The country’s leadership extends beyond production volumes, encompassing innovations in feed manufacturing, genetic improvement, and processing technologies that enhance yield and quality while minimizing environmental impact. Sustainability remains a priority, with producers in regions like Zhanjiang adopting recirculating aquaculture systems and renewable energy solutions to address environmental concerns and maintain cost efficiency.
India is the fastest-growing market, with a projected CAGR of 7.84% through 2030, supported by the government’s PMMSY program, which allocated USD 2.5 billion for fisheries infrastructure development. The country’s extensive coastline, diverse aquatic ecosystems, and favorable climate enable year-round production across multiple species. India’s shrimp farming sector has gained international recognition for consistent quality improvements and competitive pricing, capturing market share in developed economies despite trade policy challenges. Investments in cold-chain infrastructure and modernized processing facilities are enhancing product quality and expanding market reach for both domestic and export sales.
Japan, South Korea, and Australia represent mature markets characterized by sophisticated consumer preferences and stringent regulatory standards. These markets emphasize premium seafood products with verified provenance and sustainability credentials, creating opportunities for producers meeting enhanced certification and traceability requirements. Japan is advancing aquaculture innovation with land-based recirculating systems and AI-driven production optimization, exemplified by the Maruha Nichiro-Mitsubishi joint venture’s JPY 11 billion investment in salmon farming facilities. Australia prioritizes sustainability certification and blockchain traceability, with companies like Austral Fisheries implementing detailed supply chain documentation accessible through digital platforms.
Competitive Landscape
The Asia Pacific seafood market is characterized by low concentration, with a rating of 2 out of 10, indicating a fragmented competitive environment. In this market, technological innovation and supply chain optimization serve as key avenues for sustainable differentiation. Leading companies such as Thai Union Group, Maruha Nichiro Corporation, and Dongwon Industries are implementing vertical integration strategies that encompass aquaculture production, processing capabilities, and distribution networks. These strategies enable them to capture value across the entire supply chain while reducing dependency on external suppliers. The fragmented nature of the market also creates opportunities for specialized players to gain market share through niche positioning. For instance, Nippon Suisan has expanded into value-added products by acquiring Musashino Foods, which has enhanced its frozen sliced sushi capabilities. Additionally, emerging disruptors are leveraging technology platforms to establish direct-to-consumer channels and blockchain traceability systems, bypassing traditional distribution intermediaries and offering improved transparency and quality assurance.
Strategic trends in the market emphasize sustainability certifications, automation adoption, and renewable energy implementation, driven by regulatory requirements and consumer demand for environmentally responsible products. Major players are heavily investing in MSC and ASC certification processes while integrating GMP+ standards throughout their feed value chains. For example, CP Foods has become the first Thai company to achieve comprehensive GMP+ certification across production, storage, and transhipment operations. The adoption of advanced technologies, including AI-driven aquaculture management, automated processing systems, and solar energy installations, is further enhancing operational efficiency and environmental performance. These initiatives reflect the industry's commitment to aligning with sustainability goals while maintaining competitive advantages.
Trade policy developments are also influencing the competitive landscape of the Asia Pacific seafood market. The implementation of the Regional Comprehensive Economic Partnership (RCEP) provides significant advantages for companies that can optimize their supply chains across member countries. By adhering to harmonized rules of origin, these companies can maintain preferential tariff treatments, thereby enhancing their competitiveness. This policy shift underscores the importance of strategic supply chain management and compliance in leveraging trade agreements to achieve growth and market expansion. As a result, companies that effectively navigate these dynamics are well-positioned to capitalize on emerging opportunities in the region.
Asia-Pacific Seafood Industry Leaders
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Dongwon Industries Ltd
-
Maruha Nichiro Corporation
-
Nippon Suisan Kaisha Ltd
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Thai Union Group PCL
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Charoen Pokphand Foods PCL
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- October 2025: Highland Group, in partnership with global retail giant Lulu Group, has unveiled its exclusive seafood brand Aqua Fair, at World Food Expo India 2025. The Aqua Fair range will feature premium farm-raised shrimp, meticulously sourced from Highland's advanced aquaculture network .
- September 2024: Young’s Seafood is adding three Indian-inspired products to its Gastro brand Taste of Asia range of products.
- April 2024: Tokyo, Japan-based Kyokuyo, the fourth-largest seafood company in Japan based on total sales, is launching a new joint venture with British Columbia, Canada-based Clear Ocean Seafood.
Asia-Pacific Seafood Market Report Scope
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. Australia, China, India, Indonesia, Japan, Malaysia, South Korea are covered as segments by Country.| Fish | Salmon |
| Tuna | |
| Pollock | |
| Tilapia | |
| Others | |
| Shrimp | |
| Other Seafood |
| Fresh / Chilled |
| Frozen |
| Canned |
| Processed |
| On-Trade | |
| Off-Trade | Supermarkets and Hypermarkets |
| Convenience Stores | |
| Online Retail | |
| Others |
| Australia |
| China |
| India |
| Indonesia |
| Japan |
| Malaysia |
| South Korea |
| Rest of Asia-Pacific |
| By Type | Fish | Salmon |
| Tuna | ||
| Pollock | ||
| Tilapia | ||
| Others | ||
| Shrimp | ||
| Other Seafood | ||
| By Form | Fresh / Chilled | |
| Frozen | ||
| Canned | ||
| Processed | ||
| By Distribution Channel | On-Trade | |
| Off-Trade | Supermarkets and Hypermarkets | |
| Convenience Stores | ||
| Online Retail | ||
| Others | ||
| By Country | Australia | |
| China | ||
| India | ||
| Indonesia | ||
| Japan | ||
| Malaysia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
Market Definition
- Frozen / Canned Seafood - Frozen seafood are products whose average temperature is reduced to -18 ° C or lower to preserve the inherent quality of the fresh fish. Then it is kept at a temperature of -18 ° C or lower to maintain its shelf life.
- Processed Seafood - Processed seafood are the ones that have been cured, salted, marinated, dried, pickled, fermented or smoked for human consumption.
- Seafood - It contains marine species that can be consumed, particularly fish and shelled marine life.
- Shrimp - Shrimp are swimming crustaceans. They have long, slender muscles in their abdomens and lengthy antennae.
| 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 Würstchen, 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 Hyōgo 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
Mordor Intelligence 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.
- 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.
- 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.
- Step-4: Research Outputs: Syndicated Reports, Custom Consulting Assignments, Databases & Subscription Platforms.