The Asia Pacific Frozen Hake Market would witness market growth of 7.4% CAGR during the forecast period (2024-2031).
The China market dominated the Asia Pacific Frozen Hake Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $201.9 million by 2031. The Japan market is registering a CAGR of 6.9% during (2024 - 2031). Additionally, The India market would showcase a CAGR of 8.3% during (2024 - 2031).
The adoption of frozen hake has evolved significantly due to various factors that cater to changing consumer preferences, advancements in technology, and economic considerations. Frozen hake offers a significant advantage in terms of storage and shelf life. Unlike fresh fish, which requires immediate consumption or careful refrigeration, frozen hake can be stored in a freezer for extended periods without compromising quality. This convenience is highly valued by consumers and businesses alike, as it allows for flexible meal planning and reduced food waste.
The availability of pre-packaged, ready-to-cook frozen hake products simplifies meal preparation. Consumers benefit from the convenience of having fully prepared fillets, breaded portions, or pre-seasoned options that require minimal cooking effort. This convenience particularly appeals to busy households and individuals seeking quick and easy meal solutions.
China's investment in advanced processing technologies ensures higher efficiency and quality in frozen hake processing. Techniques such as rapid freezing, vacuum packaging, and automated filleting improve product quality, shelf life, and consumer appeal. The growth of the seafood processing industry encourages innovation in product development. Chinese processors are creating new frozen hake products, including ready-to-eat meals, pre-marinated fillets, and value-added items that cater to diverse consumer preferences domestically and internationally.
The expansion of China’s seafood processing industry necessitates an integrated and efficient supply chain. This integration ensures the smooth flow of frozen hake from import points to processing facilities and subsequently to distribution channels, maintaining product quality and availability. Thus, the increasing seafood industry in the region is driving the growth of the market.
Free Valuable Insights: The Global Frozen Hake Market is Predict to reach USD 2.2 Billion by 2031, at a CAGR of 7.0%
Based on Species, the market is segmented into Atlantic Hake, Pacific Hake, and Others. Based on Form, the market is segmented into Frozen Hake Fillets, Frozen Whole Hake, and Others. Based on Distribution Channel, the market is segmented into Supermarkets & Hypermarkets, Local Distributors, and Online Channels. Based on countries, the market is segmented into China, Japan, India, South Korea, Australia, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Nueva Pescanova, S.L.
- Oceana Group
- Pacific Seafood Group
- Maruha Nichiro Corporation
- Profand Fishing Holding S.L.
- Royal Greenland A/S
- Unilever PLC
- Thai Union Group PLC
- High Liner Foods
- Kingsun Foods Co., Ltd
Asia Pacific Frozen Hake Market Report Segmentation
By Species
- Atlantic Hake
- Pacific Hake
- Others
By Form
- Frozen Hake Fillets
- Frozen Whole Hake
- Others
By Distribution Channel
- Supermarkets & Hypermarkets
- Local Distributors
- Online Channels
By Country
- China
- Japan
- India
- South Korea
- Australia
- Malaysia
- Rest of Asia Pacific
TABLE 1 Asia Pacific Frozen Hake Market, 2020 - 2023, USD Million
TABLE 2 Asia Pacific Frozen Hake Market, 2024 - 2031, USD Million
TABLE 3 Asia Pacific Frozen Hake Market by Species, 2020 - 2023, USD Million
TABLE 4 Asia Pacific Frozen Hake Market by Species, 2024 - 2031, USD Million
TABLE 5 Asia Pacific Atlantic Hake Market by Country, 2020 - 2023, USD Million
TABLE 6 Asia Pacific Atlantic Hake Market by Country, 2024 - 2031, USD Million
TABLE 7 Asia Pacific Hake Market by Country, 2020 - 2023, USD Million
TABLE 8 Asia Pacific Hake Market by Country, 2024 - 2031, USD Million
TABLE 9 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 10 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 11 Asia Pacific Frozen Hake Market by Form, 2020 - 2023, USD Million
TABLE 12 Asia Pacific Frozen Hake Market by Form, 2024 - 2031, USD Million
TABLE 13 Asia Pacific Frozen Hake Fillets Market by Country, 2020 - 2023, USD Million
TABLE 14 Asia Pacific Frozen Hake Fillets Market by Country, 2024 - 2031, USD Million
TABLE 15 Asia Pacific Frozen Whole Hake Market by Country, 2020 - 2023, USD Million
TABLE 16 Asia Pacific Frozen Whole Hake Market by Country, 2024 - 2031, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2020 - 2023, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2024 - 2031, USD Million
TABLE 19 Asia Pacific Frozen Hake Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 20 Asia Pacific Frozen Hake Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 21 Asia Pacific Supermarkets & Hypermarkets Market by Country, 2020 - 2023, USD Million
TABLE 22 Asia Pacific Supermarkets & Hypermarkets Market by Country, 2024 - 2031, USD Million
TABLE 23 Asia Pacific Local Distributors Market by Country, 2020 - 2023, USD Million
TABLE 24 Asia Pacific Local Distributors Market by Country, 2024 - 2031, USD Million
TABLE 25 Asia Pacific Online Channels Market by Country, 2020 - 2023, USD Million
TABLE 26 Asia Pacific Online Channels Market by Country, 2024 - 2031, USD Million
TABLE 27 Asia Pacific Frozen Hake Market by Country, 2020 - 2023, USD Million
TABLE 28 Asia Pacific Frozen Hake Market by Country, 2024 - 2031, USD Million
TABLE 29 China Frozen Hake Market, 2020 - 2023, USD Million
TABLE 30 China Frozen Hake Market, 2024 - 2031, USD Million
TABLE 31 China Frozen Hake Market by Species, 2020 - 2023, USD Million
TABLE 32 China Frozen Hake Market by Species, 2024 - 2031, USD Million
TABLE 33 China Frozen Hake Market by Form, 2020 - 2023, USD Million
TABLE 34 China Frozen Hake Market by Form, 2024 - 2031, USD Million
TABLE 35 China Frozen Hake Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 36 China Frozen Hake Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 37 Japan Frozen Hake Market, 2020 - 2023, USD Million
TABLE 38 Japan Frozen Hake Market, 2024 - 2031, USD Million
TABLE 39 Japan Frozen Hake Market by Species, 2020 - 2023, USD Million
TABLE 40 Japan Frozen Hake Market by Species, 2024 - 2031, USD Million
TABLE 41 Japan Frozen Hake Market by Form, 2020 - 2023, USD Million
TABLE 42 Japan Frozen Hake Market by Form, 2024 - 2031, USD Million
TABLE 43 Japan Frozen Hake Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 44 Japan Frozen Hake Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 45 India Frozen Hake Market, 2020 - 2023, USD Million
TABLE 46 India Frozen Hake Market, 2024 - 2031, USD Million
TABLE 47 India Frozen Hake Market by Species, 2020 - 2023, USD Million
TABLE 48 India Frozen Hake Market by Species, 2024 - 2031, USD Million
TABLE 49 India Frozen Hake Market by Form, 2020 - 2023, USD Million
TABLE 50 India Frozen Hake Market by Form, 2024 - 2031, USD Million
TABLE 51 India Frozen Hake Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 52 India Frozen Hake Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 53 South Korea Frozen Hake Market, 2020 - 2023, USD Million
TABLE 54 South Korea Frozen Hake Market, 2024 - 2031, USD Million
TABLE 55 South Korea Frozen Hake Market by Species, 2020 - 2023, USD Million
TABLE 56 South Korea Frozen Hake Market by Species, 2024 - 2031, USD Million
TABLE 57 South Korea Frozen Hake Market by Form, 2020 - 2023, USD Million
TABLE 58 South Korea Frozen Hake Market by Form, 2024 - 2031, USD Million
TABLE 59 South Korea Frozen Hake Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 60 South Korea Frozen Hake Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 61 Australia Frozen Hake Market, 2020 - 2023, USD Million
TABLE 62 Australia Frozen Hake Market, 2024 - 2031, USD Million
TABLE 63 Australia Frozen Hake Market by Species, 2020 - 2023, USD Million
TABLE 64 Australia Frozen Hake Market by Species, 2024 - 2031, USD Million
TABLE 65 Australia Frozen Hake Market by Form, 2020 - 2023, USD Million
TABLE 66 Australia Frozen Hake Market by Form, 2024 - 2031, USD Million
TABLE 67 Australia Frozen Hake Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 68 Australia Frozen Hake Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 69 Malaysia Frozen Hake Market, 2020 - 2023, USD Million
TABLE 70 Malaysia Frozen Hake Market, 2024 - 2031, USD Million
TABLE 71 Malaysia Frozen Hake Market by Species, 2020 - 2023, USD Million
TABLE 72 Malaysia Frozen Hake Market by Species, 2024 - 2031, USD Million
TABLE 73 Malaysia Frozen Hake Market by Form, 2020 - 2023, USD Million
TABLE 74 Malaysia Frozen Hake Market by Form, 2024 - 2031, USD Million
TABLE 75 Malaysia Frozen Hake Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 76 Malaysia Frozen Hake Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 77 Rest of Asia Pacific Frozen Hake Market, 2020 - 2023, USD Million
TABLE 78 Rest of Asia Pacific Frozen Hake Market, 2024 - 2031, USD Million
TABLE 79 Rest of Asia Pacific Frozen Hake Market by Species, 2020 - 2023, USD Million
TABLE 80 Rest of Asia Pacific Frozen Hake Market by Species, 2024 - 2031, USD Million
TABLE 81 Rest of Asia Pacific Frozen Hake Market by Form, 2020 - 2023, USD Million
TABLE 82 Rest of Asia Pacific Frozen Hake Market by Form, 2024 - 2031, USD Million
TABLE 83 Rest of Asia Pacific Frozen Hake Market by Distribution Channel, 2020 - 2023, USD Million
TABLE 84 Rest of Asia Pacific Frozen Hake Market by Distribution Channel, 2024 - 2031, USD Million
TABLE 85 Key Information – Nueva Pescanova, S.L
TABLE 86 Key Information – Oceana Group
TABLE 87 Key Information – Pacific Seafood Group
TABLE 88 Key information – Maruha Nichiro Corporation
TABLE 89 Key Information – Profand Fishing Holding S.L.
TABLE 90 Key Information – Royal Greenland A/S
TABLE 91 Key Information – Unilever PLC
TABLE 92 Key Information – Thai Union Group PLC
TABLE 93 Key Information – High Liner Foods
TABLE 94 Key Information – Kingsun Foods Co., Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Frozen Hake Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Frozen Hake Market
FIG 4 Porter’s Five Forces Analysis – Frozen Hake Market
FIG 5 Asia Pacific Frozen Hake Market share by Species, 2023
FIG 6 Asia Pacific Frozen Hake Market share by Species, 2031
FIG 7 Asia Pacific Frozen Hake Market by Species, 2020 - 2031, USD Million
FIG 8 Asia Pacific Frozen Hake Market share by Form, 2023
FIG 9 Asia Pacific Frozen Hake Market share by Form, 2031
FIG 10 Asia Pacific Frozen Hake Market by Form, 2020 - 2031, USD Million
FIG 11 Asia Pacific Frozen Hake Market share by Distribution Channel, 2023
FIG 12 Asia Pacific Frozen Hake Market share by Distribution Channel, 2031
FIG 13 Asia Pacific Frozen Hake Market by Distribution Channel, 2020 - 2031, USD Million
FIG 14 Asia Pacific Frozen Hake Market share by Country, 2023
FIG 15 Asia Pacific Frozen Hake Market share by Country, 2031
FIG 16 Asia Pacific Frozen Hake Market by Country, 2020 - 2031, USD Million
FIG 17 SWOT Analysis: Nueva Pescanova, S.L
FIG 18 SWOT analysis: Oceana Group
FIG 19 SWOT analysis: Pacific Seafood Group
FIG 20 SWOT analysis: Profand Fishing Holding S.L.
FIG 21 SWOT analysis: Royal Greenland A/S
FIG 22 SWOT Analysis: Unilever PLC
FIG 23 Swot Analysis: Thai Union Group PLC
FIG 24 Swot Analysis: High Liner Foods
FIG 25 SWOT analysis: Kingsun Foods Co., Ltd