• As of 2024, the global Fresh & Frozen Octopus market size is estimated at USD 2.865 billion, with expectations to reach USD 3.904 billion by 2032. This growth translates to a Compound Annual Growth Rate (CAGR) of 3.50% over the forecast period from 2024 to 2032.
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• The global Fresh & Frozen Octopus market includes a wide range of products derived from octopus, one of the most popular seafood choices worldwide. These products come in various forms, such as fresh whole raw octopus, frozen octopus, chilled and thawed octopus, and cooked octopus. Furthermore, processed and value-added octopus products are gaining popularity in consumer markets.
• The market primarily deals with fresh and frozen products, with the frozen category accounting for a significant share. Fresh octopus refers to those that are sold immediately after harvesting, often preserved under refrigeration, while frozen octopus is processed and stored under freezing conditions for longer shelf life. The frozen form allows for better accessibility to global markets where the demand for octopus exceeds local supply.
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