Frozen And Canned Seafood Market Analysis by Mordor Intelligence
The global frozen and canned seafood market reached USD 473.90 billion in 2025 and is projected to expand to USD 499.90 billion by 2030, registering a modest compound annual growth rate (CAGR) of 1.07%. This mature market reflects the stabilization of global seafood consumption patterns amid evolving consumer preferences toward convenience and sustainability. The low growth trajectory signals a market transitioning from volume expansion to value optimization, where processors increasingly compete on product differentiation rather than scale alone. Regulatory frameworks increasingly shape competitive dynamics, particularly through enhanced traceability requirements and sustainability certifications. The implementation of blockchain-enabled supply chain transparency by major processors like Thai Union signals industry-wide recognition that consumer trust depends on verifiable provenance claims
Key Report Takeaways
- By form, frozen products accounted for 78.03% of global revenue in 2024, while canned offerings are projected to advance at a 2.22% CAGR between 2025 and 2030.
- By type, fish maintained category leadership with a 60.31% share in 2024, whereas shrimp is set to expand at the fastest 1.41% CAGR through 2030.
- By distribution channel, off-trade retail captured 51.39% of global sales in 2024, whereas on-trade channels are expected to grow at a quicker 1.37% CAGR over the forecast period.
- By geography, Asia-Pacific held the largest regional position at 42.16% in 2024, while the Middle East and Africa are expected to lead growth at 1.55% over the forecast period.
Global Frozen And Canned Seafood Market Trends and Insights
Drivers Impact Analysis
| Driver | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Rising demand for convenient, high-protein foods | 0.3% | Global, with strongest growth in North America and Asia-Pacific urban centers | Medium term (2-4 years) |
| Advancements in freezing and canning technology | 0.2% | Global, with early adoption in Europe and North America | Long term (≥ 4 years) |
| Innovation in product formats and flavors | 0.15% | North America and Europe, expanding to Asia-Pacific | Short term (≤ 2 years) |
| Rise in sustainable aquaculture | 0.1% | Asia-Pacific core, spill-over to Europe and North America | Long term (≥ 4 years) |
| Enhanced food safety and quality standards | 0.05% | Global, with regulatory leadership in European Union and North America | Medium term (2-4 years) |
| Blockchain-enabled product traceability | 0.02% | Europe and North America, pilot programs in Asia-Pacific | Medium term (2-4 years) |
| Source: Mordor Intelligence | |||
Rising Demand for Convenient, High-Protein Foods
Consumer behavior analysis shows that a significant portion of shoppers continue to choose canned tuna, reflecting an enduring preference for shelf-stable protein options even when fresh alternatives are available. The convenience factor extends beyond storage to preparation simplicity, with single-serve formats gaining traction as Bumble Bee's launch of flavored 3-ounce Snackers demonstrates market response to on-the-go consumption patterns. Health-conscious consumers increasingly recognize seafood's nutritional density, particularly omega-3 fatty acids and complete protein profiles. This protein prioritization intersects with aging demographics in developed markets, where convenient nutrition becomes paramount for maintaining dietary quality. The trend accelerates in urban environments where time constraints drive purchasing decisions toward products requiring minimal preparation while delivering maximum nutritional value.
Advancements in Freezing and Canning Technology
Processing innovations now enable extended shelf-life products without compromising nutritional integrity. Advanced freezing techniques preserve cellular structure more effectively, reducing texture degradation that historically limited frozen seafood acceptance. Canning technology improvements include enhanced thermal processing that maintains omega-3 content while ensuring food safety compliance with evolving Food and Drug Administration (FDA) standards. These technological advances create competitive differentiation opportunities for processors willing to invest in next-generation equipment. The integration of Internet of Things sensors in processing facilities enables real-time quality monitoring, reducing waste and improving consistency across production batches.
Innovation in Product Formats and Flavors
Product diversification strategies now extend beyond traditional preparations to include globally-inspired flavor profiles and convenient serving formats. Bumble Bee's introduction of Thai Chili, Hickory Smoke, and Sweet Heat flavored tuna represents strategic positioning toward snacking occasions rather than meal components. Single-serve packaging addresses portion control preferences while commanding premium pricing compared to bulk formats. Ready-to-eat formulations eliminate preparation barriers, particularly appealing to younger demographics seeking protein-rich snacking options. Innovation extends to ingredient combinations, where processors blend seafood with complementary flavors to create differentiated taste experiences. These format innovations enable market expansion beyond traditional seafood consumers into broader snacking and convenience food categories.
Enhanced Food Safety and Quality Standards
Regulatory evolution continues to reshape operational requirements, with the U.S. Food and Drug Administration's 2024 Voluntary National Retail Food Regulatory Program Standards establishing comprehensive frameworks for seafood handling, storage, and traceability[1]Source: U.S. Food and Drug Administration, “Voluntary National Retail Food Regulatory Program Standards 2024,” fda.gov. The implementation of import certification requirements for Indonesian shrimp due to Cesium-137 contamination demonstrates how food safety incidents can rapidly alter trade flows and supplier relationships. Enhanced standards create compliance costs but also competitive advantages for processors with robust quality management systems. Hazard Analysis and Critical Control Points (HACCP)-based inspection programs require documented validation and verification procedures, particularly for specialized processes like reduced-oxygen packaging. These regulatory frameworks increasingly influence consumer purchasing decisions as food safety awareness grows globally.
Restraints Impact Analysis
| Restraint | (~) % Impact on CAGR Forecast | Geographic Relevance | Impact Timeline |
|---|---|---|---|
| Competition from plant-based and alternative proteins | -0.25% | North America and Europe, expanding to Asia-Pacific urban markets | Short term (≤ 2 years) |
| Volatile raw-material prices | -0.15% | Global, with acute impact in import-dependent regions | Short term (≤ 2 years) |
| Illegal, unreported, and unregulated (IUU) fishing | -0.1% | Global, with concentrated impact in developing markets | Medium term (2-4 years) |
| Sustainability concerns and overfishing | -0.08% | Global, with regulatory focus in European Union and North America | Long term (≥ 4 years) |
| Source: Mordor Intelligence | |||
Competition from Plant-Based and Alternative Proteins
Alternative protein development accelerates with companies like Revo Foods achieving distribution across 20 European countries through major retailers, including REWE and METRO[2]Source: EIT Food, “Revo Foods,” eitfood.eu. Plant-based seafood alternatives now replicate texture and taste profiles more convincingly, with 3D printing technology enabling whole-cut formats that challenge traditional frozen fillets. Thai Union's strategic alliance with The ISH Food Company reflects industry recognition that alternative proteins represent both a competitive threat and a portfolio expansion opportunity. Grocery and foodservice executives are increasingly encountering demand for plant-based seafood options, pointing to broader market acceptance. Competitive pressure is especially pronounced in premium segments, where sustainability messaging holds strong appeal for environmentally conscious consumers.
Illegal, Unreported, and Unregulated (IUU) Fishing
IUU fishing activities undermine legitimate supply chains while creating unfair competitive pressure through artificially low pricing. Economic losses from illegal, unreported, and unregulated (IUU) fishing represent a significant portion of global fisheries output, highlighting the widespread impact of these activities on the industry and marine ecosystems. Enhanced enforcement measures and traceability requirements increase compliance costs for legitimate processors while potentially restricting supply from non-compliant sources. The Ocean Disclosure Project and similar transparency initiatives help identify and eliminate IUU products from supply chains, but implementation requires significant investment in verification systems. Consumer awareness of IUU issues creates reputational risks for processors unable to demonstrate supply chain integrity.
Segment Analysis
By Form: Frozen Dominance Drives Efficiency
Frozen products command 78.03% market share in 2024, reflecting supply chain advantages that enable global distribution and extended shelf-life management. The segment benefits from established cold chain infrastructure and consumer acceptance of frozen seafood quality, particularly in developed markets where freezing technology preserves nutritional content effectively. Canned products, while representing a smaller market share, demonstrate stronger growth potential at 2.22% CAGR through 2030, driven by convenience positioning and shelf-stability advantages in emerging markets lacking reliable refrigeration infrastructure.
Innovation in freezing technology enables processors to maintain product quality while reducing operational costs through improved energy efficiency and reduced waste. Norwegian research demonstrates advanced processing techniques that preserve omega-3 content and texture integrity, creating competitive differentiation opportunities for premium frozen products. Canned segment growth reflects successful product format innovations, including single-serve packaging and flavor diversification strategies that expand consumption occasions beyond traditional meal components.
By Type: Fish Leadership Faces Shrimp Challenge
Fish products maintain market leadership at 60.31% share in 2024, supported by diverse species availability and established consumer preferences across global markets. Tuna remains the dominant canned fish category, with Food and Drug Administration (FDA) standards defining 15 permitted species and specific quality requirements that ensure consistent product characteristics. Shrimp demonstrates the strongest growth trajectory at 1.41% CAGR, reflecting premiumization trends and expanding aquaculture production capacity in key regions like Ecuador and Thailand.
Regulatory compliance factors significantly influence species selection, with enhanced food safety standards requiring processors to maintain detailed traceability records and implement Hazard Analysis and Critical Control Points (HACCP)-based quality management systems. The segment dynamics reflect broader market evolution toward value-added products that command higher margins while meeting evolving consumer preferences for convenience and sustainability.
By Distribution Channel: Off-Trade Strength Meets On-Trade Growth
Off-trade channels control 51.39% market share in 2024, benefiting from retail consolidation and consumer preference for convenient home preparation options. Supermarkets and hypermarkets dominate this segment through extensive product assortments and competitive pricing strategies that appeal to value-conscious consumers. Online retail stores gain momentum as e-commerce platforms improve cold chain logistics and expand seafood category offerings to compete with traditional brick-and-mortar retailers.
On-trade channels exhibit faster growth at 1.37% CAGR, driven by foodservice operators seeking differentiated seafood offerings that enhance menu positioning and customer experience. Restaurant and catering segments particularly benefit from convenient frozen and canned formats that reduce preparation time while maintaining consistent quality standards. The channel divergence reflects evolving consumption patterns where retail convenience competes with experiential dining demands, creating opportunities for processors to develop channel-specific product formulations and packaging solutions.
Geography Analysis
Asia-Pacific's market dominance at 42.16% share in 2024 stems from integrated aquaculture systems and established processing infrastructure that enable cost-effective production and distribution. The region benefits from proximity to major fishing grounds and favorable regulatory environments for aquaculture development, particularly in countries like Vietnam, Thailand, and China, where government policies support seafood industry expansion. The region's competitive advantages include lower labor costs, established supply chain relationships, and growing domestic consumption that provides market stability. However, increasing regulatory scrutiny regarding sustainability practices and labor standards creates compliance challenges that processors must navigate to maintain market access.
Middle East and Africa's fastest projected growth at 1.55% CAGR through 2030 reflects expanding urban populations and increasing protein consumption as economic development progresses. The region's growth potential benefits from improving cold chain infrastructure and retail modernization that enables broader seafood distribution. However, limited domestic aquaculture capacity creates import dependence that exposes the market to global supply chain disruptions and price volatility. North America maintains steady demand supported by established consumption patterns and foodservice sector growth, though market maturity limits volume expansion opportunities. The region's regulatory environment, including Food and Drug Administration (FDA) food safety standards and import certification requirements, influences global supply chain decisions and creates competitive advantages for compliant processors.
Europe represents a mature market characterized by stringent regulatory frameworks and sophisticated consumer preferences for certified sustainable products. The European Commission's public consultation on sustainable import requirements for fishery products under autonomous tariff quota regulations indicates evolving trade policies that may affect import dynamics. MSC and ASC certification adoption rates remain highest in European markets, reflecting consumer willingness to pay premiums for verified sustainable sourcing. The region's focus on traceability and environmental compliance creates opportunities for processors with robust sustainability credentials while potentially restricting access for non-compliant suppliers.
Competitive Landscape
The Global Frozen and Canned Seafood Market exhibits fragmented competition, indicating significant consolidation opportunities as processors seek operational synergies and geographic expansion. Technology adoption emerges as a key differentiator, with blockchain traceability implementations by companies like Kvarøy Arctic and Nueva Pescanova creating competitive advantages through enhanced supply chain transparency and consumer trust building.
Opportunities exist in premium single-serve formats and globally-inspired flavor profiles, as evidenced by successful product launches focusing on snacking occasions instead of traditional meal components. Premium single-serve formats cater to consumers seeking convenience and portion control, while globally-inspired flavors appeal to those looking for unique and diverse taste experiences. These trends align with the growing demand for innovative products that fit into busy lifestyles and provide a sense of indulgence or adventure during snacking occasions.
The competitive landscape increasingly reflects sustainability positioning, with processors investing in zero-waste manufacturing initiatives and sustainable sourcing programs to meet evolving consumer expectations and regulatory requirements. Market fragmentation creates acquisition opportunities for well-capitalized players seeking to build scale advantages in procurement, processing, and distribution capabilities.
Frozen And Canned Seafood Industry Leaders
-
Maruha Nichiro Corporation
-
Thai Union Group PCL
-
Mowi ASA
-
High Liner Foods Inc.
-
Nippon Suisan Kaisha Ltd (Nissui)
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- August 2025: Bumble Bee Seafoods launched its first-ever single-serve flavored tuna cans nationally across major retailers including Kroger, Albertsons, and Amazon, introducing five flavor variants targeting the growing on-the-go snacking market with 3-ounce easy-open formats
- July 2024: Island Creek Oyster Company launched tinned seafood line. Island Creek Oyster Company has expanded its product portfolio with the launch of "The Tins by Island Creek" line, featuring eight distinct single-origin varieties. The first product from its cannery, Littleneck Clams with Chili, Confit Garlic, and Olive Oil, is developed in collaboration with Cherrystone Aqua-Farms on the Virginia Coast. The remaining seven varieties are imported as finished products through a partnership with Conservas Mariscadora in Galicia, Spain. These include octopus, scallops, cockles, tuna belly, and mussels.
- January 2024: King Oscar expanded its seafood offerings in 2024. The premium canned seafood company launched of a new product line featuring skinless and boneless Atlantic salmon in extra virgin olive oil.
Global Frozen And Canned Seafood Market Report Scope
Fish, Shrimp are covered as segments by Type. Off-Trade, On-Trade are covered as segments by Distribution Channel. Africa, Asia-Pacific, Europe, Middle East, North America, South America are covered as segments by Region.| Frozen |
| Canned |
| Fish | Salmon |
| Tuna | |
| Sardines | |
| Mackerel | |
| Others | |
| Shrimp | |
| Others |
| On-Trade | Hotels |
| Restaurants | |
| Catering | |
| Off-Trade | Supermarkets/Hypermarkets |
| Convenience Stores | |
| Online Retail Stores | |
| Other Distribution Channels |
| North America | United States |
| Canada | |
| Mexico | |
| Rest of North America | |
| Europe | Germany |
| United Kingdom | |
| Italy | |
| France | |
| Spain | |
| Netherlands | |
| Poland | |
| Belgium | |
| Sweden | |
| Rest of Europe | |
| Asia-Pacific | China |
| India | |
| Japan | |
| Australia | |
| Indonesia | |
| South Korea | |
| Thailand | |
| Singapore | |
| Rest of Asia-Pacific | |
| South America | Brazil |
| Argentina | |
| Colombia | |
| Chile | |
| Peru | |
| Rest of South America | |
| Middle East and Africa | South Africa |
| Saudi Arabia | |
| United Arab Emirates | |
| Nigeria | |
| Egypt | |
| Morocco | |
| Turkey | |
| Rest of Middle East and Africa |
| By Form | Frozen | |
| Canned | ||
| By Type | Fish | Salmon |
| Tuna | ||
| Sardines | ||
| Mackerel | ||
| Others | ||
| Shrimp | ||
| Others | ||
| By Distribution Channel | On-Trade | Hotels |
| Restaurants | ||
| Catering | ||
| Off-Trade | Supermarkets/Hypermarkets | |
| Convenience Stores | ||
| Online Retail Stores | ||
| Other Distribution Channels | ||
| By Geography | North America | United States |
| Canada | ||
| Mexico | ||
| Rest of North America | ||
| Europe | Germany | |
| United Kingdom | ||
| Italy | ||
| France | ||
| Spain | ||
| Netherlands | ||
| Poland | ||
| Belgium | ||
| Sweden | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| India | ||
| Japan | ||
| Australia | ||
| Indonesia | ||
| South Korea | ||
| Thailand | ||
| Singapore | ||
| Rest of Asia-Pacific | ||
| South America | Brazil | |
| Argentina | ||
| Colombia | ||
| Chile | ||
| Peru | ||
| Rest of South America | ||
| Middle East and Africa | South Africa | |
| Saudi Arabia | ||
| United Arab Emirates | ||
| Nigeria | ||
| Egypt | ||
| Morocco | ||
| Turkey | ||
| Rest of Middle East and Africa | ||
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.