Market Research on Latin America Dehydrated SeaFood Market 2021
The Latin America Dehydrated Seafood Market size was around USD XX billion in 2016. It is expected to grow at a CAGR of XX% to reach USD XX billion by 2021. Dehydrated seafood is a result of dehydration which is the removal of water content from sea animal’s bodies by mechanical means. Removal of water content reduces muscle enzyme and microorganism activities in sea animal’s bodies which further helps in the preservation of seafood for longer periods of time. Dehydrated seafood does not require refrigeration for preservation at home or during consumption. It retains all the nutrients present in the fresh sea animals in concentrated forms, hence it is rich in nutrients such as vitamins, proteins, iron, and calcium.
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Growing market for dehydrated seafood based ingredients in food products has played a major role in fuelling the growth of the dehydrated seafood market across the globe. Dried fish ingredients are used in preparations of soups, sauces, salad dressings, dips, and seasonings among others. They are also used as flavour enhancers in various food items. Dried whitefish namely cod and haddock are low in fat as well as calories, whereas sardines, trout, salmon, and mackerel are oil fish rich in Omega 3 which further protect against coronary heart diseases. They also help in developing strong teeth and bones. These health benefits of dehydrated seafood has also played a major role in driving the market for the same across the globe.
Rising demand for seafood with longer shelf life is aiding in fuelling the dehydrated seafood market worldwide. Longer shelf life aids in healthy consumption along with quality retention which further leads to higher profitability and efficiency of dehydrated seafood market players. This market has very few restraints and is most adversely affected by natural or human hazards like thunderstorms, hurricanes and oil spills respectively.
Latin America Dehydrated Seafood Market can be segmented on the basis of technology, and type. By type, the dehydrated seafood market is categorized into dehydrated fish, dehydrated mollusks, dehydrated crustaceans, and other dehydrated seafood. Major dehydrated fish include cod, haddock, mackerel, scallops, octopus, squid, sardines, trout, salmon, and shark fins among others. Further on the basis of technology, the dehydrated seafood market is segmented spray dried, freeze dried, vacuum dried, sun dried, hot air dried, and others. Among the different technologies used for dehydrating seafood, the sun drying technology was the most commonly used technology closely followed by hot air drying technology.
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Geographically, the Latin America dehydrated seafood market can be divided by major regions which include Brazil, Argentina, Chile and others. Brazil is the leading player in the region.
Some of the major players identified across the value chain of the Latin America dehydrated seafood market includes Kyokuyo Co, Nikken Foods USA Inc. Maruha Nichiro Corporation Ltd, Royal Greenland A/S, Leroy Seafood Group ASA, Nippon Suisan Kaisha Ltd, Nichirei Corporation and Kanegrade Limited.
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Scope of the Report:
• Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms type and technology along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economic and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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