Article Category: Catch Processing

Catch Processing Equipment: State of the Industry 2023

Catch Processing Equipment: State of the Industry 2023

In recent years, the rise in the consumption of seafood by consumers in North America and around the world has raised the demand for fish-based products and processed fish. Consequently, at least in part, the demand for fish processing equipment has been on the rise, according to recent market studies. The processing equipment market is anticipated to see a compound annual growth rate (CAGR) of 3.9% between 2023 and 2033, according to a report released in mid-August by Delaware-based research firm Future Marketing Insights. The market currently holds a valuation of just over $308 million, and is forecast to cross $451.6 million in 10 years, according to the report. Among the reasons cited for the projected rise: Government support to small businesses in some locales via subsidies to h...
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Catch Processing Tech Continues to Evolve in the Face of COVID-19

Catch Processing Tech Continues to Evolve in the Face of COVID-19

In an unprecedented year, catch processing companies have strived to continue innovating in spite of the effects of the COVID-19 pandemic. And catch processing, while less technologically complex than other aspects of the marine industry, has historically been a major source of innovation. Heading machines, plate freezers, pinboning machines, de-licing and portioning equipment have all been the beneficiaries of technological advances over the past few years. Many vessels have begun to integrate these technologies on-board, with installations of catch processing technology into more and more ships. Although catch processing has become more difficult due to the coronavirus pandemic — which stymied global trade and limited access to customers and suppliers — companies have still managed t...
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