Product Code: ETC13170229 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Dhaval Chaurasia | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Surimi Market was valued at USD 4.7 Billion in 2024 and is expected to reach USD 6.3 Billion by 2031, growing at a compound annual growth rate of 4.70% during the forecast period (2025-2031).
The global surimi market is experiencing steady growth driven by the increasing demand for seafood products, changing consumer preferences towards healthy and protein-rich food options, and the rising popularity of Asian cuisine worldwide. Surimi, which is a fish paste made from deboned and minced fish meat, is widely used as a versatile ingredient in various dishes such as imitation crab sticks, fish balls, and seafood salads. Key market players are focusing on product innovation, expanding their product portfolios, and investing in advanced processing technologies to meet the growing demand for surimi products. Asia Pacific region dominates the market due to the traditional consumption of surimi-based products in countries like Japan, South Korea, and Thailand. Additionally, the surimi market is witnessing opportunities for growth in North America and Europe as consumers increasingly seek healthier and sustainable seafood options.
The Global Surimi Market is experiencing growth driven by the increasing demand for seafood products, particularly in Asia-Pacific and North America. Consumers are increasingly opting for surimi-based products as a healthy and affordable alternative to traditional seafood. The market is also benefiting from technological advancements in surimi processing, leading to improved quality and variety of surimi-based products. Furthermore, the rising popularity of Asian cuisine worldwide is fueling the demand for surimi in various food applications such as sushi, imitation crab, and surimi-based snacks. Opportunities exist for market players to expand their product portfolios, innovate in terms of flavors and textures, and capitalize on the growing consumer interest in sustainable and plant-based seafood alternatives. Additionally, strategic partnerships and acquisitions can help companies enhance their market presence and cater to evolving consumer preferences.
The Global Surimi Market faces several challenges, including fluctuating raw material prices, competition from other seafood products, and concerns regarding sustainability and environmental impact. The price volatility of key surimi raw materials such as fish and seafood can impact profit margins and pricing strategies. Additionally, surimi competes with alternative protein sources like tofu and plant-based products, which can affect market share and consumer preferences. Sustainability issues related to overfishing and bycatch also pose challenges for the surimi industry, as consumers increasingly prioritize ethical and environmentally friendly food choices. Addressing these challenges will require the industry to innovate in sourcing practices, product development, and marketing strategies to maintain competitiveness and meet evolving consumer demands.
The Global Surimi Market is primarily driven by the growing demand for seafood products due to their high protein content, health benefits, and versatility in various cuisines. Surimi is increasingly being used as a cost-effective alternative to traditional seafood products such as crab and lobster due to its lower price point and availability. Changing consumer preferences towards healthier food choices, along with the rising popularity of Asian cuisine in Western countries, are further fueling the demand for surimi-based products. Additionally, technological advancements in surimi processing techniques, improved distribution networks, and innovative product development by key market players are also contributing to the growth of the Global Surimi Market. The market is expected to continue expanding as manufacturers focus on introducing new flavors and convenient packaging formats to attract a wider consumer base.
Government policies related to the Global Surimi Market vary depending on the country, but some common regulations include quality standards, food safety guidelines, and trade agreements. For example, the United States Food and Drug Administration (FDA) has established regulations for surimi production to ensure product safety and labeling accuracy. In Japan, the Surimi Manufacturers Association sets industry standards for surimi quality and processing. Additionally, trade agreements such as the Trans-Pacific Partnership (TPP) and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) have influenced surimi trade dynamics among member countries. Overall, government policies play a crucial role in shaping the regulatory environment and market dynamics of the Global Surimi Market.
The Global Surimi Market is expected to witness steady growth in the coming years, driven by the increasing demand for convenient and healthy seafood products. Surimi, a seafood product made from fish protein, is gaining popularity due to its versatility and affordability, making it a preferred choice for consumers looking for protein-rich food options. The market is also benefiting from the growing awareness of sustainable fishing practices and the rising trend of incorporating seafood into various cuisines. Additionally, technological advancements in surimi processing techniques and product innovations are further fueling market expansion. Overall, the Global Surimi Market is projected to experience continued growth, with key players focusing on product development and expanding their market presence to capitalize on the increasing consumer interest in seafood alternatives.
In the global surimi market, Asia holds a dominant position, driven by the strong demand for surimi-based products in countries like Japan, South Korea, and Thailand where it is a staple in traditional cuisine. North America follows closely behind, with the United States being a key consumer of surimi for its popular imitation seafood products. Europe and the Middle East/Africa regions are also experiencing growth in the surimi market, fueled by increasing health consciousness and demand for convenient seafood options. Latin America, while a smaller market compared to others, is showing potential for growth as consumer awareness of surimi and its versatility in various dishes continues to rise in countries like Brazil and Mexico.
Global Surimi Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Surimi Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Surimi Market Revenues & Volume, 2021 & 2031F |
3.3 Global Surimi Market - Industry Life Cycle |
3.4 Global Surimi Market - Porter's Five Forces |
3.5 Global Surimi Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Surimi Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Global Surimi Market Revenues & Volume Share, By Packaging, 2021 & 2031F |
3.8 Global Surimi Market Revenues & Volume Share, By End Use, 2021 & 2031F |
3.9 Global Surimi Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Global Surimi Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Surimi Market Trends |
6 Global Surimi Market, 2021 - 2031 |
6.1 Global Surimi Market, Revenues & Volume, By Source, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Surimi Market, Revenues & Volume, By Alaska Pollock, 2021 - 2031 |
6.1.3 Global Surimi Market, Revenues & Volume, By Itoyori, 2021 - 2031 |
6.1.4 Global Surimi Market, Revenues & Volume, By Pacific Whiting, 2021 - 2031 |
6.1.5 Global Surimi Market, Revenues & Volume, By Silver Carp, 2021 - 2031 |
6.1.6 Global Surimi Market, Revenues & Volume, By Others, 2021 - 2031 |
6.2 Global Surimi Market, Revenues & Volume, By Packaging, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Surimi Market, Revenues & Volume, By Chilled or Fresh, 2021 - 2031 |
6.2.3 Global Surimi Market, Revenues & Volume, By Frozen, 2021 - 2031 |
6.3 Global Surimi Market, Revenues & Volume, By End Use, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Surimi Market, Revenues & Volume, By Households, 2021 - 2031 |
6.3.3 Global Surimi Market, Revenues & Volume, By Hotels, Restaurants and Catering (HoReCa), 2021 - 2031 |
6.3.4 Global Surimi Market, Revenues & Volume, By Food Processing, 2021 - 2031 |
6.3.5 Global Surimi Market, Revenues & Volume, By Others, 2021 - 2031 |
6.4 Global Surimi Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Surimi Market, Revenues & Volume, By Direct Sales, 2021 - 2031 |
6.4.3 Global Surimi Market, Revenues & Volume, By Retail Sales, 2021 - 2031 |
6.4.4 Global Surimi Market, Revenues & Volume, By Supermarkets and Hypermarkets, 2021 - 2031 |
6.4.5 Global Surimi Market, Revenues & Volume, By Online Retail, 2021 - 2031 |
6.4.6 Global Surimi Market, Revenues & Volume, By Wet Markets and others, 2021 - 2031 |
7 North America Surimi Market, Overview & Analysis |
7.1 North America Surimi Market Revenues & Volume, 2021 - 2031 |
7.2 North America Surimi Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Surimi Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Surimi Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Surimi Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Surimi Market, Revenues & Volume, By Source, 2021 - 2031 |
7.4 North America Surimi Market, Revenues & Volume, By Packaging, 2021 - 2031 |
7.5 North America Surimi Market, Revenues & Volume, By End Use, 2021 - 2031 |
7.6 North America Surimi Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
8 Latin America (LATAM) Surimi Market, Overview & Analysis |
8.1 Latin America (LATAM) Surimi Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Surimi Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Surimi Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Surimi Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Surimi Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Surimi Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Surimi Market, Revenues & Volume, By Source, 2021 - 2031 |
8.4 Latin America (LATAM) Surimi Market, Revenues & Volume, By Packaging, 2021 - 2031 |
8.5 Latin America (LATAM) Surimi Market, Revenues & Volume, By End Use, 2021 - 2031 |
8.6 Latin America (LATAM) Surimi Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
9 Asia Surimi Market, Overview & Analysis |
9.1 Asia Surimi Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Surimi Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Surimi Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Surimi Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Surimi Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Surimi Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Surimi Market, Revenues & Volume, By Source, 2021 - 2031 |
9.4 Asia Surimi Market, Revenues & Volume, By Packaging, 2021 - 2031 |
9.5 Asia Surimi Market, Revenues & Volume, By End Use, 2021 - 2031 |
9.6 Asia Surimi Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
10 Africa Surimi Market, Overview & Analysis |
10.1 Africa Surimi Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Surimi Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Surimi Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Surimi Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Surimi Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Surimi Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Surimi Market, Revenues & Volume, By Source, 2021 - 2031 |
10.4 Africa Surimi Market, Revenues & Volume, By Packaging, 2021 - 2031 |
10.5 Africa Surimi Market, Revenues & Volume, By End Use, 2021 - 2031 |
10.6 Africa Surimi Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
11 Europe Surimi Market, Overview & Analysis |
11.1 Europe Surimi Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Surimi Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Surimi Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Surimi Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Surimi Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Surimi Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Surimi Market, Revenues & Volume, By Source, 2021 - 2031 |
11.4 Europe Surimi Market, Revenues & Volume, By Packaging, 2021 - 2031 |
11.5 Europe Surimi Market, Revenues & Volume, By End Use, 2021 - 2031 |
11.6 Europe Surimi Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
12 Middle East Surimi Market, Overview & Analysis |
12.1 Middle East Surimi Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Surimi Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Surimi Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Surimi Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Surimi Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Surimi Market, Revenues & Volume, By Source, 2021 - 2031 |
12.4 Middle East Surimi Market, Revenues & Volume, By Packaging, 2021 - 2031 |
12.5 Middle East Surimi Market, Revenues & Volume, By End Use, 2021 - 2031 |
12.6 Middle East Surimi Market, Revenues & Volume, By Distribution Channel, 2021 - 2031 |
13 Global Surimi Market Key Performance Indicators |
14 Global Surimi Market - Export/Import By Countries Assessment |
15 Global Surimi Market - Opportunity Assessment |
15.1 Global Surimi Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Surimi Market Opportunity Assessment, By Source, 2021 & 2031F |
15.3 Global Surimi Market Opportunity Assessment, By Packaging, 2021 & 2031F |
15.4 Global Surimi Market Opportunity Assessment, By End Use, 2021 & 2031F |
15.5 Global Surimi Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
16 Global Surimi Market - Competitive Landscape |
16.1 Global Surimi Market Revenue Share, By Companies, 2024 |
16.2 Global Surimi Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |