Processed Seafood & Seafood Processing Equipment Market Segment Analysis – By the Type
By Type the Processed Seafood and Seafood Processing Equipment Market is segmented in to Fish, Shrimps, Crabs, Crustaceans and Molluscs. The fish segment accounted for the largest market share owing to the demand and trade of processed fish products in the market. The perishable qualities of the fish make it mandatory for the fisherman and the harvesters to process them. The key types of proceeded fish available in the market are canned, degutting, salting, fermentation, drying and smoking. These processes then lead to the production and improvements in taste, texture and color and also increase the shelf life while the Crustaceans are predicted to grow at the fastest CAGR of 5.4% owing to their extensive usage in the cosmetic, pharmaceutical and food industry as they are packed with zinc, a mineral that reduces the inflammation on skin.