Philippines Frozen Seafood Market (2025-2031) Outlook | Growth, Value, Revenue, Forecast, Industry, Companies, Share, Trends, Analysis & Size

Market Forecast By Nature (Organic Frozen Seafood, Conventional Frozen Seafood), By Form (Raw Frozen Seafood, Processed Frozen Seafood), By End Use (Food Processing Industry, Food Service Industry, Retail/Household), By Product Type (Frozen Fish, Frozen Molluscs, Frozen Crustaceans), By Distribution Channel (Business to Business, Business to Consumer, E-Commerce/Online Stores) And Competitive Landscape
Product Code: ETC386669 Publication Date: Aug 2022 Updated Date: Apr 2025 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Philippines Frozen Seafood Market Size Growth Rate


The Philippines Frozen Seafood Market is projected to witness mixed growth rate patterns during 2025 to 2029. Commencing at 0.92% in 2025, growth builds up to 1.23% by 2029.

Philippines Frozen Seafood Market Growth Rate

Frozen Seafood Market: Philippines vs Top 5 Major Economies in 2027 (Asia)


In the Asia region, the Frozen Seafood market in Philippines is projected to expand at a stable growth rate of 1.04% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.

Frozen Seafood Market: Philippines vs Top 5 Major Economies in 2027 (Asia)

philippines frozen seafood market Synopsis

The broader frozen seafood market in the Philippines encompasses a wide variety of products beyond mackerel, including shrimp, squid, octopus, and various fish species. This market has also expanded significantly, driven by factors such as rising disposable incomes, urbanization, and the growing trend of eating out or ordering food. Frozen seafood offers the advantage of convenience, longer shelf life, and year-round availability, making it a convenient choice for both consumers and businesses in the foodservice industry.

Drivers of the Market

The frozen seafood market in the Philippines is driven by the demand for year-round availability of seafood products. Freezing technology allows various seafood items to be stored and transported efficiently while maintaining their quality. This market is further influenced by international trade and the Philippines` role as a seafood exporter.

Challenges of the Market

The Philippines frozen seafood market faces challenges related to quality assurance and consumer preferences. Maintaining the quality, taste, and texture of a variety of seafood products during the freezing and thawing process can be complex. Meeting consumer expectations for freshness and variety while ensuring cost-effectiveness and minimizing wastage poses challenges. Additionally, the market needs to address concerns about overfishing and the ecological impact of seafood sourcing.

COVID-19 Impact on the Market

The Philippines frozen seafood market faced challenges and opportunities amid the COVID-19 pandemic. Disruptions in global seafood trade impacted the availability of certain frozen seafood products, causing supply chain delays. However, the increased demand for longer-lasting food items led to higher consumption of frozen seafood products domestically. E-commerce and home delivery services gained traction, offering a new distribution channel for frozen seafood. The pandemic highlighted the need for supply chain flexibility and adaptive marketing strategies.

Key Players in the Market

In the Philippines frozen seafood market, key players include seafood processors, distributors, and exporters. Companies like Century Pacific Food, Inc., Philfresh Corporation, and Universal Canning Inc. are prominent players involved in processing and exporting a variety of frozen seafood products, including shrimp, fish fillets, and squid. These companies leverage their processing capabilities, quality control measures, and distribution networks to cater to both domestic and international markets.

Key Highlights of the Report:

  • Philippines Frozen Seafood Market Outlook
  • Market Size of Philippines Frozen Seafood Market, 2024
  • Forecast of Philippines Frozen Seafood Market, 2031
  • Historical Data and Forecast of Philippines Frozen Seafood Revenues & Volume for the Period 2021-2031
  • Philippines Frozen Seafood Market Trend Evolution
  • Philippines Frozen Seafood Market Drivers and Challenges
  • Philippines Frozen Seafood Price Trends
  • Philippines Frozen Seafood Porter's Five Forces
  • Philippines Frozen Seafood Industry Life Cycle
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Nature for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Organic Frozen Seafood for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Conventional Frozen Seafood for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Form for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Raw Frozen Seafood for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Processed Frozen Seafood for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By End Use for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Food Processing Industry for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Food Service Industry for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Retail/Household for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Product Type for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Frozen Fish for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Frozen Molluscs for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Frozen Crustaceans for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Distribution Channel for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Business to Business for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By Business to Consumer for the Period 2021-2031
  • Historical Data and Forecast of Philippines Frozen Seafood Market Revenues & Volume By E-Commerce/Online Stores for the Period 2021-2031
  • Philippines Frozen Seafood Import Export Trade Statistics
  • Market Opportunity Assessment By Nature
  • Market Opportunity Assessment By Form
  • Market Opportunity Assessment By End Use
  • Market Opportunity Assessment By Product Type
  • Market Opportunity Assessment By Distribution Channel
  • Philippines Frozen Seafood Top Companies Market Share
  • Philippines Frozen Seafood Competitive Benchmarking By Technical and Operational Parameters
  • Philippines Frozen Seafood Company Profiles
  • Philippines Frozen Seafood Key Strategic Recommendations

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