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China is one of the largest seafood-consuming countries in the world. Seafood is characterized by low fat and high protein content, and is rich in various trace elements, which caters to the current market trend of pursuing healthy food and drink. Comprising the largest portion of all processed aquatic products, frozen seafood accounts for about 70% of total output. China's frozen seafood processing revenue has increased at a CAGR of 0.1% to $76.2 billion over the past five years, including a growth rate of 3.2% in 2024 alone, when profit will be 4.0%.Exports are expected to increase to $8.3 billion in 2024, up 6.9% from 2023, accounting for 10.8% of industry revenue. Competing imports are expected to total $7.4 billion in 2024, up 1.2% from 2023 and accounting for 9.8% of domestic demand. In July 2020, China detected the COVID-19 virus on the exterior and interior of imported packaged white shrimp. Subsequently, more imported cold chain foods tested positive for the virus, which gave imported seafood a negative sentiment to consumers.The industry is forecast to grow steadily over the next five years due to stable market demand growth. Revenue is anticipated to grow at an annualized 3.0%, to reach $88.5 billion in 2029. Per capita income growth, heightened domestic demand for frozen seafood products, advanced cold chain logistics development and government policy support will drive revenue growth in the next few years.Market demand for higher quality and more nutritional frozen seafood will gradually rise as consumers increase their spending and demand more expensive and premium products. As a result, industry transformation and expansion are set to continue. In addition, smart frozen seafood processing factories with fully automated production processing, industrial IoT (Internet of Things) technologies, comprehensive energy utilization technologies, intelligent management and other engineering technologies will be built in the future, further contributing to industry transformation through increased automation and efficiency.
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IBISWorld's research coverage on the Frozen Seafood Processing industry in China includes market sizing, forecasting, data and analysis from 2015-2030. The most recent publication was released June 2025.
The Frozen Seafood Processing industry in China operates under the industry code 1361. The Frozen Seafood Processing industry in China consists of companies that process fish, shrimp, shellfish and other seafood by freezing. Processing frozen seafood for industrial purposes is not included in the industry. Related terms covered in the Frozen Seafood Processing industry in China include cephalopods, crustaceans and aquaculture.
Products and services covered in Frozen Seafood Processing industry in China include Frozen fish , Frozen shellfish and Frozen crustaceans.
Companies covered in the Frozen Seafood Processing industry in China include Zhanjiang Guolian Aquatic Products Co., Ltd., Joyvio Food Co., Ltd. and China National Fisheries Corp.
The Performance chapter covers detailed analysis, datasets, detailed current performance, sources of volatility and an outlook with forecasts for the Frozen Seafood Processing industry in China.
Questions answered in this chapter include what's driving current industry performance, what influences industry volatility, how do successful businesses overcome volatility, what's driving the industry outlook. This analysis is supported with data and statistics on industry revenues, costs, profits, businesses and employees.
The Products and Markets chapter covers detailed product and service segmentation, analysis of major markets and international trade data for the for the Frozen Seafood Processing industry in China.
Questions answered in this chapter include how are the industry's products and services performing, what are innovations in industry products and services, what products or services do successful businesses offer and what's influencing demand from the industry's markets. This includes data and statistics on industry revenues by product and service segmentation and major markets.
The Geographic Breakdown chapter covers detailed analysis and datasets on regional performance of the Frozen Seafood Processing industry in China.
Questions answered in this chapter include where are industry businesses located and how do businesses use location to their advantage. This includes data and statistics on industry revenues by location.
The Competitive Forces chapter covers the concentration, barriers to entry and supplier and buyer profiles in the Frozen Seafood Processing industry in China. This includes data and statistics on industry market share concentration, barriers to entry, substitute products and buyer & supplier power.
Questions answered in this chapter include what impacts the industry's market share concentration, how do successful businesses handle concentration, what challenges do potential industry entrants face, how can potential entrants overcome barriers to entry, what are substitutes for industry services, how do successful businesses compete with substitutes and what power do buyers and suppliers have over the industry and how do successful businesses manage buyer & supplier power.
The Companies chapter covers Key Takeaways, Market Share and Companies in the Frozen Seafood Processing industry in China. This includes data and analysis on companies operating in the industry that hold a market share greater than 5%.
Questions answered in this chapter include what companies have a meaningful market share and how each company is performing.
The External Environment chapter covers Key Takeaways, External Drivers, Regulation & Policy and Assistance in the Frozen Seafood Processing industry in China. This includes data and statistics on factors impacting industry revenue such as economic indicators, regulation, policy and assistance programs.
Questions answered in this chapter include what demographic and macroeconomic factors impact the industry, what regulations impact the industry, what assistance is available to this industry.
The Financial Benchmarks chapter covers Key Takeaways, Cost Structure, Financial Ratios, Valuation Multiples and Key Ratios in the Frozen Seafood Processing industry in China. This includes financial data and statistics on industry performance including key cost inputs, profitability, key financial ratios and enterprise value multiples.
Questions answered in this chapter include what trends impact industry costs and how financial ratios have changed overtime.
The Industry Data chapter includes 10 years of historical data with 5 years of forecast data covering statistics like revenue, industry value add, establishments, enterprises, employment and wages in the Frozen Seafood Processing industry in China.
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The market size of the Frozen Seafood Processing industry in China is $76.2bn in 2026.
There are 1,719 businesses in the Frozen Seafood Processing industry in China, which has declined at a CAGR of 0.9 % between 2020 and 2025.
The Frozen Seafood Processing industry in China is likely to be impacted by import tariffs with imports accounting for a moderate share of industry revenue.
The Frozen Seafood Processing industry in China is likely to be impacted by export tariffs with exports accounting for a moderate share of industry revenue.
The market size of the Frozen Seafood Processing industry in China has been growing at a CAGR of 0.1 % between 2020 and 2025.
Over the next five years, the Frozen Seafood Processing industry in China is expected to grow.
The biggest companies operating in the Frozen Seafood Processing industry in China are Zhanjiang Guolian Aquatic Products Co., Ltd., Joyvio Food Co., Ltd. and China National Fisheries Corp.
Frozen fish and Frozen shellfish are part of the Frozen Seafood Processing industry in China.
The company holding the most market share in the Frozen Seafood Processing industry in China is Zhanjiang Guolian Aquatic Products Co., Ltd..
The level of competition is high and increasing in the Frozen Seafood Processing industry in China.