The demand for frozen mackerel has been spurred during the pandemic, as consumers exhibited a higher inclination towards healthy eating, surging the sales by 5% between 2020 and 2021. As a consequence, global frozen mackerel market is expected to surpass USD1.05bn, growing at a 5.8% CAGR during the forecast period 2021-2031, according to a new Future Market Insights report.
Frozen fish and seafood are gaining high popularity in the foodservice sector due to their longer shelf life (18-24 months), and consistent yearly high quality. Freezing fish and seafood also ensures sustainability, allowing optimized usage by reducing wastage by around 25%.
Additionally, frozen mackerel is subjected to extensive microbiological testing to ensure safety and avoid contamination. These factors are augmenting the market growth and will have a positive impact on sales throughout the forecast period, finds ESOMAR-certified consulting firm FMI in this study.
The COVID-19 outbreak has a significant impact on the frozen mackerel market, due to the restrictions affecting the short-term demand. However, with relaxations in 2021, and improvements in the supply chain, the market is anticipated to witness a speedy recovery, which will propel the sales throughout the forecast period, the report shows.