Aquatic animal products are rich in protein, lipids, and moisture and are often stored at frozen temperature. However, aquatic animal products are prone to deterioration caused by ice crystal formation, lipid oxidation and protein denaturation. Quick freezing is crucial for preserving the quality of aquatic animal products by preventing the formation of large ice crystals. Liquid nitrogen quick-freezing (LNF) provides a fast-freezing rate, minimal ice crystal formation, preservation of product texture and nutritional properties, shelf-life extension, energy efficiency, and quality and safety improving. This review comprehensively illustrates the mechanism of LNF, the impact of LNF on qualities of aquatic animal products including flavor, texture, color, and nutrition. Additionally, LNF devices applied on aquatic animal products are also discussed. Furthermore, future prospects and research directions are suggested, including optimizing freezing processes, understanding the impact on nutritional value and considering sustainability and energy consumption. However, challenges such as freezing damage, cost considerations, and quality control issues for LNF application need to be addressed.