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Processed Fish Market By Fish Type, By Product, By Application, By Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 300 Pages
  • September 2022
  • Region: Global
  • Allied Market Research
  • ID: 5713035
The global processed fish market size was valued at $66,879.9 million in 2021, and is estimated to reach $87,172.2 million by 2031, registering a CAGR of 2.8% from 2022 to 2031.

Fish is processed by fermenting, salting, pickling, smoking, and other chemical processes to add taste to the fish and extend its shelf-life. The surge in demand for the seafood among consumers owing to its nutritional and health benefits along with the rising disposable income of the consumers is fueling the growth of the global processed fish market. The strong economic growth in the past decade resulted in increased employment, changing lifestyle of the consumers, and changing consumption pattern. The hectic and busy life schedules of the consumers has significantly fostered the demand for the packaged convenience food across the globe. The growing adoption of ready-to-cook and ready to eat food products among the young adults is expected to drive the growth of the global processed fish market.

The surge in penetration of the foodservice and food processing industries across the developed and developing economies is fueling the growth of the processed fish market. The growing popularity of dinning out among the working men and women is expected to foster the demand for processed fish. According to U.S. Department of Agriculture, spending on food away from homes (restaurant, full-service and fast food) accounted for $1.17 trillion or 55% of total food expenditures, in 2021. Therefore, the rise in the number of restaurants and hotels in the developing nations is anticipated to boost the processed fish market growth in the forthcoming future.

The demand for organic fish is rising and hence, the emphasis is growing on the organic farming of fishes. Aquaculture is expected to witness a significant rise during the forecast period, owing to the rising importance of aquaculture in the global food supply system and rising demand for the organic food. The rising health consciousness among the consumers and growing emphasis on the sustainably sourced fishes, is encouraging the consumers in the developed economies to boost their expenditure on consumption of healthy and sustainably farmed fishes and other seafood. The increasing consumer expenditure on healthy and functional food is propelling the demand for the organic food. Therefore the organically farmed fishes are high in demand among the consumers. According to the Organic Trade Association (OTA), in 2020, the U.S. witnessed an all-time high sales of organic food products.

The processed fish market is segmented on the basis of fish type, product, application, distribution channel, and region. By fish type, the market is categorized into capture and aquaculture. Both, the capture and aquaculture segments are specifically further bifurcated into cod, salmon, tuna, sardines, mackerel, and others. Moreover, depending on product, it is segmented into frozen, cured, and prepared and preserved segments. On the basis of application, the market is segmented into commercial and residential. Depending on distribution channel, the processed fish market is categorized into supermarkets and hypermarkets, convenience stores, independent retailers, online sales, and others. Region-wise, the processed fish market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).

Players operating in the processed fish market have used a variety of developmental strategies to expand their market share, exploit the processed fish market opportunities, and boost market profitability. The key players operating in the processed fish industry include, Beach Cliff, Brunswick, Channel Fish Processing, Clover Leaf, Gadre Premium Seafood, Golden Prize Canning Co., Ltd., Goya Foods, Inc., MOWI, Oceans Secret, Perdue Farms, Safcol, Safe Catch, True North Seafood Company, Wild Planet Foods, and Young's Seafood.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the processed fish market analysis from 2021 to 2031 to identify the prevailing processed fish market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the processed fish market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global processed fish market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Fish Type

  • Capture
  • Sub Type
  • Cod
  • Salmon
  • Tuna
  • Sardines
  • Mackerel
  • Others
  • Aquaculture
  • Sub Type
  • Cod
  • Salmon
  • Tuna
  • Sardines
  • Mackerel
  • Others

By Product

  • Frozen
  • Cured
  • Prepared and Preserved

By Application

  • Commercial
  • Residential

By Distribution Channel

  • Supermarkets and hypermarkets
  • Independent Retailers
  • Online sales
  • Others
  • Convenience Stores

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • UK
  • Germany
  • France
  • Italy
  • Russia
  • Spain
  • Rest Of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest Of Asia-Pacific
  • LAMEA
  • Brazil
  • Argentina
  • South Africa
  • UAE
  • Egypt
  • Rest Of LAMEA

Key Market Players

  • Beach Cliff
  • Brunswick Seafood
  • channel fish processing (cfp)
  • clover leaf seafoods
  • Gadre Premium Seafood
  • Golden Prize Canning Co., Ltd.
  • Goya Food Inc.
  • MOWI ASA
  • Oceans Secret
  • perdue farms
  • Safcol (The Seafood Experts Australia Pty Ltd.)
  • Safe Catch
  • true north seafood
  • wild planet foods
  • Young's Seafood
Frequently Asked Questions about the Global Processed Fish Market

What is the estimated value of the Global Processed Fish Market?

The Global Processed Fish Market was estimated to be valued at $66879.9 million in 2021.

What is the growth rate of the Global Processed Fish Market?

The growth rate of the Global Processed Fish Market is 2.7%, with an estimated value of $87172.2 million by 2031.

What is the forecasted size of the Global Processed Fish Market?

The Global Processed Fish Market is estimated to be worth $87172.2 million by 2031.

Who are the key companies in the Global Processed Fish Market?

Key companies in the Global Processed Fish Market include Beach Cliff, Brunswick Seafood, channel fish processing (cfp), clover leaf seafoods, Gadre Premium Seafood, Golden Prize Canning Co., Ltd., Goya Food Inc., MOWI ASA and perdue farms.

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective

CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
3.7. Value Chain Analysis
3.8. Market Share Analysis

CHAPTER 4: PROCESSED FISH MARKET, BY FISH TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Capture
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.2.4 Capture Processed Fish Market by Sub Type
4.2.4.1 Cod Market size and forecast, by region
4.2.4.2 Salmon Market size and forecast, by region
4.2.4.3 Tuna Market size and forecast, by region
4.2.4.4 Sardines Market size and forecast, by region
4.2.4.5 Mackerel Market size and forecast, by region
4.2.4.6 Others Market size and forecast, by region
4.3 Aquaculture
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.3.4 Aquaculture Processed Fish Market by Sub Type
4.3.4.1 Cod Market size and forecast, by region
4.3.4.2 Salmon Market size and forecast, by region
4.3.4.3 Tuna Market size and forecast, by region
4.3.4.4 Sardines Market size and forecast, by region
4.3.4.5 Mackerel Market size and forecast, by region
4.3.4.6 Others Market size and forecast, by region

CHAPTER 5: PROCESSED FISH MARKET, BY PRODUCT
5.1 Overview
5.1.1 Market size and forecast
5.2 Frozen
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Cured
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Prepared and Preserved
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country

CHAPTER 6: PROCESSED FISH MARKET, BY APPLICATION
6.1 Overview
6.1.1 Market size and forecast
6.2 Commercial
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 Residential
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country

CHAPTER 7: PROCESSED FISH MARKET, BY DISTRIBUTION CHANNEL
7.1 Overview
7.1.1 Market size and forecast
7.2 Supermarkets and hypermarkets
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Convenience Stores
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Independent Retailers
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country
7.5 Online sales
7.5.1 Key market trends, growth factors and opportunities
7.5.2 Market size and forecast, by region
7.5.3 Market analysis by country
7.6 Others
7.6.1 Key market trends, growth factors and opportunities
7.6.2 Market size and forecast, by region
7.6.3 Market analysis by country

CHAPTER 8: PROCESSED FISH MARKET, BY REGION
8.1 Overview
8.1.1 Market size and forecast
8.2 North America
8.2.1 Key trends and opportunities
8.2.2 North America Market size and forecast, by Fish Type
8.2.2.1 North America Capture Processed Fish Market by Sub Type
8.2.2.2 North America Aquaculture Processed Fish Market by Sub Type
8.2.3 North America Market size and forecast, by Product
8.2.4 North America Market size and forecast, by Application
8.2.5 North America Market size and forecast, by Distribution Channel
8.2.6 North America Market size and forecast, by country
8.2.6.1 U.S.
8.2.6.1.1 Market size and forecast, by Fish Type
8.2.6.1.2 Market size and forecast, by Product
8.2.6.1.3 Market size and forecast, by Application
8.2.6.1.4 Market size and forecast, by Distribution Channel
8.2.6.2 Canada
8.2.6.2.1 Market size and forecast, by Fish Type
8.2.6.2.2 Market size and forecast, by Product
8.2.6.2.3 Market size and forecast, by Application
8.2.6.2.4 Market size and forecast, by Distribution Channel
8.2.6.3 Mexico
8.2.6.3.1 Market size and forecast, by Fish Type
8.2.6.3.2 Market size and forecast, by Product
8.2.6.3.3 Market size and forecast, by Application
8.2.6.3.4 Market size and forecast, by Distribution Channel
8.3 Europe
8.3.1 Key trends and opportunities
8.3.2 Europe Market size and forecast, by Fish Type
8.3.2.1 Europe Capture Processed Fish Market by Sub Type
8.3.2.2 Europe Aquaculture Processed Fish Market by Sub Type
8.3.3 Europe Market size and forecast, by Product
8.3.4 Europe Market size and forecast, by Application
8.3.5 Europe Market size and forecast, by Distribution Channel
8.3.6 Europe Market size and forecast, by country
8.3.6.1 UK
8.3.6.1.1 Market size and forecast, by Fish Type
8.3.6.1.2 Market size and forecast, by Product
8.3.6.1.3 Market size and forecast, by Application
8.3.6.1.4 Market size and forecast, by Distribution Channel
8.3.6.2 Germany
8.3.6.2.1 Market size and forecast, by Fish Type
8.3.6.2.2 Market size and forecast, by Product
8.3.6.2.3 Market size and forecast, by Application
8.3.6.2.4 Market size and forecast, by Distribution Channel
8.3.6.3 France
8.3.6.3.1 Market size and forecast, by Fish Type
8.3.6.3.2 Market size and forecast, by Product
8.3.6.3.3 Market size and forecast, by Application
8.3.6.3.4 Market size and forecast, by Distribution Channel
8.3.6.4 Italy
8.3.6.4.1 Market size and forecast, by Fish Type
8.3.6.4.2 Market size and forecast, by Product
8.3.6.4.3 Market size and forecast, by Application
8.3.6.4.4 Market size and forecast, by Distribution Channel
8.3.6.5 Russia
8.3.6.5.1 Market size and forecast, by Fish Type
8.3.6.5.2 Market size and forecast, by Product
8.3.6.5.3 Market size and forecast, by Application
8.3.6.5.4 Market size and forecast, by Distribution Channel
8.3.6.6 Spain
8.3.6.6.1 Market size and forecast, by Fish Type
8.3.6.6.2 Market size and forecast, by Product
8.3.6.6.3 Market size and forecast, by Application
8.3.6.6.4 Market size and forecast, by Distribution Channel
8.3.6.7 Rest of Europe
8.3.6.7.1 Market size and forecast, by Fish Type
8.3.6.7.2 Market size and forecast, by Product
8.3.6.7.3 Market size and forecast, by Application
8.3.6.7.4 Market size and forecast, by Distribution Channel
8.4 Asia-Pacific
8.4.1 Key trends and opportunities
8.4.2 Asia-Pacific Market size and forecast, by Fish Type
8.4.2.1 Asia-Pacific Capture Processed Fish Market by Sub Type
8.4.2.2 Asia-Pacific Aquaculture Processed Fish Market by Sub Type
8.4.3 Asia-Pacific Market size and forecast, by Product
8.4.4 Asia-Pacific Market size and forecast, by Application
8.4.5 Asia-Pacific Market size and forecast, by Distribution Channel
8.4.6 Asia-Pacific Market size and forecast, by country
8.4.6.1 China
8.4.6.1.1 Market size and forecast, by Fish Type
8.4.6.1.2 Market size and forecast, by Product
8.4.6.1.3 Market size and forecast, by Application
8.4.6.1.4 Market size and forecast, by Distribution Channel
8.4.6.2 Japan
8.4.6.2.1 Market size and forecast, by Fish Type
8.4.6.2.2 Market size and forecast, by Product
8.4.6.2.3 Market size and forecast, by Application
8.4.6.2.4 Market size and forecast, by Distribution Channel
8.4.6.3 India
8.4.6.3.1 Market size and forecast, by Fish Type
8.4.6.3.2 Market size and forecast, by Product
8.4.6.3.3 Market size and forecast, by Application
8.4.6.3.4 Market size and forecast, by Distribution Channel
8.4.6.4 South Korea
8.4.6.4.1 Market size and forecast, by Fish Type
8.4.6.4.2 Market size and forecast, by Product
8.4.6.4.3 Market size and forecast, by Application
8.4.6.4.4 Market size and forecast, by Distribution Channel
8.4.6.5 Australia
8.4.6.5.1 Market size and forecast, by Fish Type
8.4.6.5.2 Market size and forecast, by Product
8.4.6.5.3 Market size and forecast, by Application
8.4.6.5.4 Market size and forecast, by Distribution Channel
8.4.6.6 Rest of Asia-Pacific
8.4.6.6.1 Market size and forecast, by Fish Type
8.4.6.6.2 Market size and forecast, by Product
8.4.6.6.3 Market size and forecast, by Application
8.4.6.6.4 Market size and forecast, by Distribution Channel
8.5 LAMEA
8.5.1 Key trends and opportunities
8.5.2 LAMEA Market size and forecast, by Fish Type
8.5.2.1 LAMEA Capture Processed Fish Market by Sub Type
8.5.2.2 LAMEA Aquaculture Processed Fish Market by Sub Type
8.5.3 LAMEA Market size and forecast, by Product
8.5.4 LAMEA Market size and forecast, by Application
8.5.5 LAMEA Market size and forecast, by Distribution Channel
8.5.6 LAMEA Market size and forecast, by country
8.5.6.1 Brazil
8.5.6.1.1 Market size and forecast, by Fish Type
8.5.6.1.2 Market size and forecast, by Product
8.5.6.1.3 Market size and forecast, by Application
8.5.6.1.4 Market size and forecast, by Distribution Channel
8.5.6.2 Argentina
8.5.6.2.1 Market size and forecast, by Fish Type
8.5.6.2.2 Market size and forecast, by Product
8.5.6.2.3 Market size and forecast, by Application
8.5.6.2.4 Market size and forecast, by Distribution Channel
8.5.6.3 South Africa
8.5.6.3.1 Market size and forecast, by Fish Type
8.5.6.3.2 Market size and forecast, by Product
8.5.6.3.3 Market size and forecast, by Application
8.5.6.3.4 Market size and forecast, by Distribution Channel
8.5.6.4 UAE
8.5.6.4.1 Market size and forecast, by Fish Type
8.5.6.4.2 Market size and forecast, by Product
8.5.6.4.3 Market size and forecast, by Application
8.5.6.4.4 Market size and forecast, by Distribution Channel
8.5.6.5 Egypt
8.5.6.5.1 Market size and forecast, by Fish Type
8.5.6.5.2 Market size and forecast, by Product
8.5.6.5.3 Market size and forecast, by Application
8.5.6.5.4 Market size and forecast, by Distribution Channel
8.5.6.6 Rest of LAMEA
8.5.6.6.1 Market size and forecast, by Fish Type
8.5.6.6.2 Market size and forecast, by Product
8.5.6.6.3 Market size and forecast, by Application
8.5.6.6.4 Market size and forecast, by Distribution Channel

CHAPTER 9: COMPANY LANDSCAPE
9.1. Introduction
9.2. Top winning strategies
9.3. Product Mapping of Top 10 Player
9.4. Competitive Dashboard
9.5. Competitive Heatmap
9.6. Key developments

CHAPTER 10: COMPANY PROFILES
10.1 Beach Cliff
10.1.1 Company overview
10.1.2 Company snapshot
10.1.3 Operating business segments
10.1.4 Product portfolio
10.1.5 Business performance
10.1.6 Key strategic moves and developments
10.2 Brunswick Seafood
10.2.1 Company overview
10.2.2 Company snapshot
10.2.3 Operating business segments
10.2.4 Product portfolio
10.2.5 Business performance
10.2.6 Key strategic moves and developments
10.3 channel fish processing (cfp)
10.3.1 Company overview
10.3.2 Company snapshot
10.3.3 Operating business segments
10.3.4 Product portfolio
10.3.5 Business performance
10.3.6 Key strategic moves and developments
10.4 clover leaf seafoods
10.4.1 Company overview
10.4.2 Company snapshot
10.4.3 Operating business segments
10.4.4 Product portfolio
10.4.5 Business performance
10.4.6 Key strategic moves and developments
10.5 Gadre PremiU.S.afood
10.5.1 Company overview
10.5.2 Company snapshot
10.5.3 Operating business segments
10.5.4 Product portfolio
10.5.5 Business performance
10.5.6 Key strategic moves and developments
10.6 Golden Prize Canning Co., Ltd.
10.6.1 Company overview
10.6.2 Company snapshot
10.6.3 Operating business segments
10.6.4 Product portfolio
10.6.5 Business performance
10.6.6 Key strategic moves and developments
10.7 Goya Food Inc.
10.7.1 Company overview
10.7.2 Company snapshot
10.7.3 Operating business segments
10.7.4 Product portfolio
10.7.5 Business performance
10.7.6 Key strategic moves and developments
10.8 MOWI ASA
10.8.1 Company overview
10.8.2 Company snapshot
10.8.3 Operating business segments
10.8.4 Product portfolio
10.8.5 Business performance
10.8.6 Key strategic moves and developments
10.9 Oceans Secret
10.9.1 Company overview
10.9.2 Company snapshot
10.9.3 Operating business segments
10.9.4 Product portfolio
10.9.5 Business performance
10.9.6 Key strategic moves and developments
10.10 perdue farms
10.10.1 Company overview
10.10.2 Company snapshot
10.10.3 Operating business segments
10.10.4 Product portfolio
10.10.5 Business performance
10.10.6 Key strategic moves and developments
10.11 Safcol (The Seafood Experts Australia Pty Ltd.)
10.11.1 Company overview
10.11.2 Company snapshot
10.11.3 Operating business segments
10.11.4 Product portfolio
10.11.5 Business performance
10.11.6 Key strategic moves and developments
10.12 Safe Catch
10.12.1 Company overview
10.12.2 Company snapshot
10.12.3 Operating business segments
10.12.4 Product portfolio
10.12.5 Business performance
10.12.6 Key strategic moves and developments
10.13 true north seafood
10.13.1 Company overview
10.13.2 Company snapshot
10.13.3 Operating business segments
10.13.4 Product portfolio
10.13.5 Business performance
10.13.6 Key strategic moves and developments
10.14 wild planet foods
10.14.1 Company overview
10.14.2 Company snapshot
10.14.3 Operating business segments
10.14.4 Product portfolio
10.14.5 Business performance
10.14.6 Key strategic moves and developments
10.15 Young's Seafood
10.15.1 Company overview
10.15.2 Company snapshot
10.15.3 Operating business segments
10.15.4 Product portfolio
10.15.5 Business performance
10.15.6 Key strategic moves and developments

List of Tables
Table 1. Global Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 2. Processed Fish Market, for Capture, by Region, 2021-2031 ($Million)
Table 3. Processed Fish Market for Capture, by Country, 2021-2031 ($Million)
Table 4. Global Capture Processed Fish Market, by Sub Type, 2021-2031 ($Million)
Table 5. Processed Fish Market, for Cod, by Region, 2021-2031 ($Million)
Table 6. Processed Fish Market, for Salmon, by Region, 2021-2031 ($Million)
Table 7. Processed Fish Market, for Tuna, by Region, 2021-2031 ($Million)
Table 8. Processed Fish Market, for Sardines, by Region, 2021-2031 ($Million)
Table 9. Processed Fish Market, for Mackerel, by Region, 2021-2031 ($Million)
Table 10. Processed Fish Market, for Others, by Region, 2021-2031 ($Million)
Table 11. Processed Fish Market, for Aquaculture, by Region, 2021-2031 ($Million)
Table 12. Processed Fish Market for Aquaculture, by Country, 2021-2031 ($Million)
Table 13. Global Aquaculture Processed Fish Market, by Sub Type, 2021-2031 ($Million)
Table 14. Processed Fish Market, for Cod, by Region, 2021-2031 ($Million)
Table 15. Processed Fish Market, for Salmon, by Region, 2021-2031 ($Million)
Table 16. Processed Fish Market, for Tuna, by Region, 2021-2031 ($Million)
Table 17. Processed Fish Market, for Sardines, by Region, 2021-2031 ($Million)
Table 18. Processed Fish Market, for Mackerel, by Region, 2021-2031 ($Million)
Table 19. Processed Fish Market, for Others, by Region, 2021-2031 ($Million)
Table 20. Global Processed Fish Market, by Product, 2021-2031 ($Million)
Table 21. Processed Fish Market, for Frozen, by Region, 2021-2031 ($Million)
Table 22. Processed Fish Market for Frozen, by Country, 2021-2031 ($Million)
Table 23. Processed Fish Market, for Cured, by Region, 2021-2031 ($Million)
Table 24. Processed Fish Market for Cured, by Country, 2021-2031 ($Million)
Table 25. Processed Fish Market, for Prepared and Preserved, by Region, 2021-2031 ($Million)
Table 26. Processed Fish Market for Prepared and Preserved, by Country, 2021-2031 ($Million)
Table 27. Global Processed Fish Market, by Application, 2021-2031 ($Million)
Table 28. Processed Fish Market, for Commercial, by Region, 2021-2031 ($Million)
Table 29. Processed Fish Market for Commercial, by Country, 2021-2031 ($Million)
Table 30. Processed Fish Market, for Residential, by Region, 2021-2031 ($Million)
Table 31. Processed Fish Market for Residential, by Country, 2021-2031 ($Million)
Table 32. Global Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 33. Processed Fish Market, for Supermarkets and Hypermarkets, by Region, 2021-2031 ($Million)
Table 34. Processed Fish Market for Supermarkets and Hypermarkets, by Country, 2021-2031 ($Million)
Table 35. Processed Fish Market, for Convenience Stores, by Region, 2021-2031 ($Million)
Table 36. Processed Fish Market for Convenience Stores, by Country, 2021-2031 ($Million)
Table 37. Processed Fish Market, for Independent Retailers, by Region, 2021-2031 ($Million)
Table 38. Processed Fish Market for Independent Retailers, by Country, 2021-2031 ($Million)
Table 39. Processed Fish Market, for Online Sales by Region, 2021-2031 ($Million)
Table 40. Processed Fish Market for Online Sales by Country, 2021-2031 ($Million)
Table 41. Processed Fish Market, for Others, by Region, 2021-2031 ($Million)
Table 42. Processed Fish Market for Others, by Country, 2021-2031 ($Million)
Table 43. Processed Fish Market, by Region, 2021-2031 ($Million)
Table 44. North America Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 45. North America Capture Processed Fish Market, by Sub Type, 2021-2031 ($Million)
Table 46. North America Aquaculture Processed Fish Market, by Sub Type, 2021-2031 ($Million)
Table 47. North America Processed Fish Market, by Product, 2021-2031 ($Million)
Table 48. North America Processed Fish Market, by Application, 2021-2031 ($Million)
Table 49. North America Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 50. North America Processed Fish Market, by Country, 2021-2031 ($Million)
Table 51. U.S. Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 52. U.S. Processed Fish Market, by Product, 2021-2031 ($Million)
Table 53. U.S. Processed Fish Market, by Application, 2021-2031 ($Million)
Table 54. U.S. Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 55. Canada Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 56. Canada Processed Fish Market, by Product, 2021-2031 ($Million)
Table 57. Canada Processed Fish Market, by Application, 2021-2031 ($Million)
Table 58. Canada Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 59. Mexico Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 60. Mexico Processed Fish Market, by Product, 2021-2031 ($Million)
Table 61. Mexico Processed Fish Market, by Application, 2021-2031 ($Million)
Table 62. Mexico Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 63. Europe Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 64. Europe Capture Processed Fish Market, by Sub Type, 2021-2031 ($Million)
Table 65. Europe Aquaculture Processed Fish Market, by Sub Type, 2021-2031 ($Million)
Table 66. Europe Processed Fish Market, by Product, 2021-2031 ($Million)
Table 67. Europe Processed Fish Market, by Application, 2021-2031 ($Million)
Table 68. Europe Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 69. Europe Processed Fish Market, by Country, 2021-2031 ($Million)
Table 70. UK Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 71. UK Processed Fish Market, by Product, 2021-2031 ($Million)
Table 72. UK Processed Fish Market, by Application, 2021-2031 ($Million)
Table 73. UK Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 74. Germany Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 75. Germany Processed Fish Market, by Product, 2021-2031 ($Million)
Table 76. Germany Processed Fish Market, by Application, 2021-2031 ($Million)
Table 77. Germany Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 78. France Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 79. France Processed Fish Market, by Product, 2021-2031 ($Million)
Table 80. France Processed Fish Market, by Application, 2021-2031 ($Million)
Table 81. France Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 82. Italy Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 83. Italy Processed Fish Market, by Product, 2021-2031 ($Million)
Table 84. Italy Processed Fish Market, by Application, 2021-2031 ($Million)
Table 85. Italy Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 86. Russia Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 87. Russia Processed Fish Market, by Product, 2021-2031 ($Million)
Table 88. Russia Processed Fish Market, by Application, 2021-2031 ($Million)
Table 89. Russia Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 90. Spain Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 91. Spain Processed Fish Market, by Product, 2021-2031 ($Million)
Table 92. Spain Processed Fish Market, by Application, 2021-2031 ($Million)
Table 93. Spain Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 94. Rest of Europe Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 95. Rest of Europe Processed Fish Market, by Product, 2021-2031 ($Million)
Table 96. Rest of Europe Processed Fish Market, by Application, 2021-2031 ($Million)
Table 97. Rest of Europe Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 98. Asia-Pacific Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 99. Asia-Pacific Capture Processed Fish Market, by Sub Type, 2021-2031 ($Million)
Table 100. Asia-Pacific Aquaculture Processed Fish Market, by Sub Type, 2021-2031 ($Million)
Table 101. Asia-Pacific Processed Fish Market, by Product, 2021-2031 ($Million)
Table 102. Asia-Pacific Processed Fish Market, by Application, 2021-2031 ($Million)
Table 103. Asia-Pacific Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 104. Asia-Pacific Processed Fish Market, by Country, 2021-2031 ($Million)
Table 105. China Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 106. China Processed Fish Market, by Product, 2021-2031 ($Million)
Table 107. China Processed Fish Market, by Application, 2021-2031 ($Million)
Table 108. China Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 109. Japan Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 110. Japan Processed Fish Market, by Product, 2021-2031 ($Million)
Table 111. Japan Processed Fish Market, by Application, 2021-2031 ($Million)
Table 112. Japan Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 113. India Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 114. India Processed Fish Market, by Product, 2021-2031 ($Million)
Table 115. India Processed Fish Market, by Application, 2021-2031 ($Million)
Table 116. India Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 117. South Korea Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 118. South Korea Processed Fish Market, by Product, 2021-2031 ($Million)
Table 119. South Korea Processed Fish Market, by Application, 2021-2031 ($Million)
Table 120. South Korea Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 121. Australia Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 122. Australia Processed Fish Market, by Product, 2021-2031 ($Million)
Table 123. Australia Processed Fish Market, by Application, 2021-2031 ($Million)
Table 124. Australia Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 125. Rest of Asia-Pacific Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 126. Rest of Asia-Pacific Processed Fish Market, by Product, 2021-2031 ($Million)
Table 127. Rest of Asia-Pacific Processed Fish Market, by Application, 2021-2031 ($Million)
Table 128. Rest of Asia-Pacific Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 129. LAMEA Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 130. LAMEA Capture Processed Fish Market, by Sub Type, 2021-2031 ($Million)
Table 131. LAMEA Aquaculture Processed Fish Market, by Sub Type, 2021-2031 ($Million)
Table 132. LAMEA Processed Fish Market, by Product, 2021-2031 ($Million)
Table 133. LAMEA Processed Fish Market, by Application, 2021-2031 ($Million)
Table 134. LAMEA Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 135. LAMEA Processed Fish Market, by Country, 2021-2031 ($Million)
Table 136. Brazil Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 137. Brazil Processed Fish Market, by Product, 2021-2031 ($Million)
Table 138. Brazil Processed Fish Market, by Application, 2021-2031 ($Million)
Table 139. Brazil Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 140. Argentina Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 141. Argentina Processed Fish Market, by Product, 2021-2031 ($Million)
Table 142. Argentina Processed Fish Market, by Application, 2021-2031 ($Million)
Table 143. Argentina Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 144. South Africa Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 145. South Africa Processed Fish Market, by Product, 2021-2031 ($Million)
Table 146. South Africa Processed Fish Market, by Application, 2021-2031 ($Million)
Table 147. South Africa Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 148. UAE Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 149. UAE Processed Fish Market, by Product, 2021-2031 ($Million)
Table 150. UAE Processed Fish Market, by Application, 2021-2031 ($Million)
Table 151. UAE Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 152. Egypt Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 153. Egypt Processed Fish Market, by Product, 2021-2031 ($Million)
Table 154. Egypt Processed Fish Market, by Application, 2021-2031 ($Million)
Table 155. Egypt Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 156. Rest of LAMEA Processed Fish Market, by Fish Type, 2021-2031 ($Million)
Table 157. Rest of LAMEA Processed Fish Market, by Product, 2021-2031 ($Million)
Table 158. Rest of LAMEA Processed Fish Market, by Application, 2021-2031 ($Million)
Table 159. Rest of LAMEA Processed Fish Market, by Distribution Channel, 2021-2031 ($Million)
Table 160. Beach Cliff: Company Snapshot
Table 161. Beach Cliff: Operating Segments
Table 162. Beach Cliff: Product Portfolio
Table 163. Beach Cliff: Net Sales
Table 164. Beach Cliff: Key Strategies
Table 165. Brunswick Seafood: Company Snapshot
Table 166. Brunswick Seafood: Operating Segments
Table 167. Brunswick Seafood: Product Portfolio
Table 168. Brunswick Seafood: Net Sales
Table 169. Brunswick Seafood: Key Strategies
Table 170. Channel Fish Processing (Cfp): Company Snapshot
Table 171. Channel Fish Processing (Cfp): Operating Segments
Table 172. Channel Fish Processing (Cfp): Product Portfolio
Table 173. Channel Fish Processing (Cfp): Net Sales
Table 174. Channel Fish Processing (Cfp): Key Strategies
Table 175. Clover Leaf Seafoods: Company Snapshot
Table 176. Clover Leaf Seafoods: Operating Segments
Table 177. Clover Leaf Seafoods: Product Portfolio
Table 178. Clover Leaf Seafoods: Net Sales
Table 179. Clover Leaf Seafoods: Key Strategies
Table 180. Gadre PremiU.S.afood: Company Snapshot
Table 181. Gadre PremiU.S.afood: Operating Segments
Table 182. Gadre PremiU.S.afood: Product Portfolio
Table 183. Gadre PremiU.S.afood: Net Sales
Table 184. Gadre PremiU.S.afood: Key Strategies
Table 185. Golden Prize Canning Co. Ltd.: Company Snapshot
Table 186. Golden Prize Canning Co. Ltd.: Operating Segments
Table 187. Golden Prize Canning Co. Ltd.: Product Portfolio
Table 188. Golden Prize Canning Co. Ltd.: Net Sales
Table 189. Golden Prize Canning Co. Ltd.: Key Strategies
Table 190. Goya Food Inc.: Company Snapshot
Table 191. Goya Food Inc.: Operating Segments
Table 192. Goya Food Inc.: Product Portfolio
Table 193. Goya Food Inc.: Net Sales
Table 194. Goya Food Inc.: Key Strategies
Table 195. Mowi Asa: Company Snapshot
Table 196. Mowi Asa: Operating Segments
Table 197. Mowi Asa: Product Portfolio
Table 198. Mowi Asa: Net Sales
Table 199. Mowi Asa: Key Strategies
Table 200. Oceans Secret: Company Snapshot
Table 201. Oceans Secret: Operating Segments
Table 202. Oceans Secret: Product Portfolio
Table 203. Oceans Secret: Net Sales
Table 204. Oceans Secret: Key Strategies
Table 205. Perdue Farms: Company Snapshot
Table 206. Perdue Farms: Operating Segments
Table 207. Perdue Farms: Product Portfolio
Table 208. Perdue Farms: Net Sales
Table 209. Perdue Farms: Key Strategies
Table 210. Safcol (The Seafood Experts Australia Pty Ltd.): Company Snapshot
Table 211. Safcol (The Seafood Experts Australia Pty Ltd.): Operating Segments
Table 212. Safcol (The Seafood Experts Australia Pty Ltd.): Product Portfolio
Table 213. Safcol (The Seafood Experts Australia Pty Ltd.): Net Sales
Table 214. Safcol (The Seafood Experts Australia Pty Ltd.): Key Strategies
Table 215. Safe Catch: Company Snapshot
Table 216. Safe Catch: Operating Segments
Table 217. Safe Catch: Product Portfolio
Table 218. Safe Catch: Net Sales
Table 219. Safe Catch: Key Strategies
Table 220. True North Seafood: Company Snapshot
Table 221. True North Seafood: Operating Segments
Table 222. True North Seafood: Product Portfolio
Table 223. True North Seafood: Net Sales
Table 224. True North Seafood: Key Strategies
Table 225. Wild Planet Foods: Company Snapshot
Table 226. Wild Planet Foods: Operating Segments
Table 227. Wild Planet Foods: Product Portfolio
Table 228. Wild Planet Foods: Net Sales
Table 229. Wild Planet Foods: Key Strategies
Table 230. Young's Seafood: Company Snapshot
Table 231. Young's Seafood: Operating Segments
Table 232. Young's Seafood: Product Portfolio
Table 233. Young's Seafood: Net Sales
Table 234. Young's Seafood: Key Strategies

List of Figures
Figure 1. Processed Fish Market Segmentation
Figure 2. Processed Fish Market, 2021-2031
Figure 3. Processed Fish Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Processed Fish Mark.:Drivers, Restraints and Opportunities
Figure 12. Value Chain Analysis
Figure 13. Market Share Analysis
Figure 14. Processed Fish Market, By Fish Type, 2021(%)
Figure 15. Comparative Share Analysis of Capture Processed Fish Market, 2021-2031(%)
Figure 16. Comparative Share Analysis of Aquaculture Processed Fish Market, 2021-2031(%)
Figure 17. Processed Fish Market, By Product, 2021(%)
Figure 18. Comparative Share Analysis of Frozen Processed Fish Market, 2021-2031(%)
Figure 19. Comparative Share Analysis of Cured Processed Fish Market, 2021-2031(%)
Figure 20. Comparative Share Analysis of Prepared and Preserved Processed Fish Market, 2021-2031(%)
Figure 21. Processed Fish Market, By Application, 2021(%)
Figure 22. Comparative Share Analysis of Commercial Processed Fish Market, 2021-2031(%)
Figure 23. Comparative Share Analysis of Residential Processed Fish Market, 2021-2031(%)
Figure 24. Processed Fish Market, By Distribution Channel, 2021(%)
Figure 25. Comparative Share Analysis of Supermarkets and Hypermarkets Processed Fish Market, 2021-2031(%)
Figure 26. Comparative Share Analysis of Convenience Stores Processed Fish Market, 2021-2031(%)
Figure 27. Comparative Share Analysis of Independent Retailers Processed Fish Market, 2021-2031(%)
Figure 28. Comparative Share Analysis of Online Sales Processed Fish Market, 2021-2031(%)
Figure 29. Comparative Share Analysis of Others Processed Fish Market, 2021-2031(%)
Figure 30. Processed Fish Market by Region, 2021
Figure 31. U.S. Processed Fish Market, 2021-2031($Million)
Figure 32. Canada Processed Fish Market, 2021-2031($Million)
Figure 33. Mexico Processed Fish Market, 2021-2031($Million)
Figure 34. Uk Processed Fish Market, 2021-2031($Million)
Figure 35. Germany Processed Fish Market, 2021-2031($Million)
Figure 36. France Processed Fish Market, 2021-2031($Million)
Figure 37. Italy Processed Fish Market, 2021-2031($Million)
Figure 38. Russia Processed Fish Market, 2021-2031($Million)
Figure 39. Spain Processed Fish Market, 2021-2031($Million)
Figure 40. Rest of Europe Processed Fish Market, 2021-2031($Million)
Figure 41. China Processed Fish Market, 2021-2031($Million)
Figure 42. Japan Processed Fish Market, 2021-2031($Million)
Figure 43. India Processed Fish Market, 2021-2031($Million)
Figure 44. South Korea Processed Fish Market, 2021-2031($Million)
Figure 45. Australia Processed Fish Market, 2021-2031($Million)
Figure 46. Rest of Asia-Pacific Processed Fish Market, 2021-2031($Million)
Figure 47. Brazil Processed Fish Market, 2021-2031($Million)
Figure 48. Argentina Processed Fish Market, 2021-2031($Million)
Figure 49. South Africa Processed Fish Market, 2021-2031($Million)
Figure 50. Uae Processed Fish Market, 2021-2031($Million)
Figure 51. Egypt Processed Fish Market, 2021-2031($Million)
Figure 52. Rest of LAMEA Processed Fish Market, 2021-2031($Million)
Figure 53. Top Winning Strategies, by Year
Figure 54. Top Winning Strategies, by Development
Figure 55. Top Winning Strategies, by Company
Figure 56. Product Mapping of Top 10 Players
Figure 57. Competitive Dashboard
Figure 58. Competitive Heatmap of Top 10 Key Players
Figure 59. Beach Clif.: Net Sales, ($Million)
Figure 60. Brunswick Seafoo.: Net Sales, ($Million)
Figure 61. Channel Fish Processing (Cfp.: Net Sales, ($Million)
Figure 62. Clover Leaf Seafood.: Net Sales, ($Million)
Figure 63. Gadre Premium Seafoo.: Net Sales, ($Million)
Figure 64. Golden Prize Canning Co. Ltd.: Net Sales, ($Million)
Figure 65. Goya Food Inc.: Net Sales, ($Million)
Figure 66. Mowi As.: Net Sales, ($Million)
Figure 67. Oceans Secre.: Net Sales, ($Million)
Figure 68. Perdue Farm.: Net Sales, ($Million)
Figure 69. Safcol (The Seafood Experts Australia Pty Ltd..: Net Sales, ($Million)
Figure 70. Safe Catc.: Net Sales, ($Million)
Figure 71. True North Seafoo.: Net Sales, ($Million)
Figure 72. Wild Planet Food.: Net Sales, ($Million)
Figure 73. Young's Seafoo.: Net Sales, ($Million)

Executive Summary

According to the report, “Processed Fish Market," the processed fish market size was valued at $66.9 billion in 2021, and is estimated to reach $87.2 billion by 2031, growing at a CAGR of 2.8% from 2022 to 2031.

The processed fish market is gaining momentum in the global markets due to the growing preference for convenience foods among the population. Rising disposable income, consumers changing lifestyle, and rapid growth in the urban population are expected to foster the global market growth during the forecast period. The hectic lifestyle of working professionals, especially those whowants to spend less time in cooking are highly preferring ready-to-cook and ready-to-eat processed fishes. The ready-to-eat and ready-to-cook food helps in saving time, which is a significant driver propelling the growth of the market.

Increase in popularity of quick-service restaurants chains, hotels, fast-casual restaurants, cloud kitchens, and cafes has led to the growth of the processed fish market in North America and Europe. According to Centers for Disease Control and Prevention (CDC), around 36.6% of adults in the U.S. consume fast-food on regular basis. Hence, the fast-food chains have significantly contributed towards the growth in the consumption of processed fish in the developed markets like North America and Europe. The rapid rise and popularity of fast-food restaurant chains in Asia-Pacific and LAMEA is expected to boost the demand for processed fish in the forthcoming years and hence, provide lucrative growth opportunities to the players operating in the global market.

Increase in the adoption of smartphones and internet, and growth in the penetration of online food delivery and grocery platforms are expected to boost the sales of processed meat, especially in emerging markets, such as India, China, Brazil, and Indonesia. The various food delivery apps, such as Zomato, Swiggy, and Uber Eats, and online grocery apps like Big Basket and Grofers drive the sales of the processed meat during the forecast period.

The use of blockchain technology in the animal meat industry is a trending topic. JBS S.A., in September 2020, has announced the use of blockchain technology to achieve sustainability and conservation of Amazon rainforests in Brazil. The use of this technology improves meat quality, traceability, transparency, and sustainability along the value chain. Therefore, blockchain technology is expected to improve efficiency in animal and aquaculture farming, hence contributing to the growth of processed fish industry.

According to the processed fish market analysis, the market is segmented on the basis of fish type, product, application, distribution channel, and region. By fish type, the market is categorized into capture and aquaculture. Both, the capture and aquaculture segments are specifically further bifurcated into cod, salmon, tuna, sardines, mackerel, and others. Moreover, depending on product, it is segmented into frozen, cured, and prepared and preserved segments. On the basis of application, the market is segmented into commercial and residential. Depending on distribution channel, the processed fish market is categorized into supermarkets and hypermarkets, convenience stores, independent retailers, online sales, and others. Region-wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).

As per the processed fish market forecast, by fish type, the aquaculture segment is the largest and the fastest-growing segment. This segment accounted for 53.3% of the processed fish market share in 2021 and is expected to grow at a CAGR of 3.5% during the forecast period. Aquaculture is emerging as one of the major and sustainable food sources that can provide food to a huge number of population. The surge in penetration of major food processing companies and growing demand for convenience food and ready-to-cook and ready-to-eat food products among consumers in the developed and developing economies are significantly fostering the growth of the global processed fish market across the globe.

As per the processed fish market trends, on the basis of product, the frozen segment dominated the market in 2021. This is attributed to the factors, such as technological advancements pertaining to storage, increasing the shelf life of fish meat, growing preference for convenience and ready-to-cook foods, and growing demand from household and commercial sectors. The growing population of young professionals boosts the demand for the frozen processed fish.

By application, the commercial segment dominated the market in 2021. The huge presence of food processors and foodservice units in developed economies like Europe and North America has led to the huge growth of the commercial segment in the processed fish market. The rising popularity of eating out culture in the developing nations is further expected to fuel the growth of the commercial segment in the forthcoming future.

According to the processed fish market opportunities, depending on distribution channel, the online sales channel is expected to be the fastest-growing segment during the forecast period. The online platform serves as a popular medium for the purchase of food ingredients and processed fish. This is attributed to easy availability of desired food products and required information about the attributes of the products, time-saving featuredue to the conveniences of shopping while sitting at home, and the facility of free home delivery provided by the online platform. According to the United Nations Conference on Trade and Development (UNCTAD), the e-commerce sector's proportion of total retail sales increased from 16% to 19% in 2020.

Region-wise, North America dominated the market in 2021. North America is the leading consumer of processed fish products, such as canned, frozen, and chilled fishes. The increased consumer awareness regarding the health benefits of seafood, growing demand for organic fish products, huge presence of restaurants and cafes, increased penetration of packaged food and top food processing companies, and increased demand for the convenience food products are the prominent factors that are expected to boost the growth of the North America processed fish market during the forecast period.

The key players operating in the processed fish industry include, Beach Cliff, Brunswick, Channel Fish Processing, Clover Leaf, Gadre Premium Seafood, Golden Prize Canning Co., Ltd., Goya Foods, Inc., MOWI, Oceans Secret, Perdue Farms, Safcol, Safe Catch, True North Seafood Company, Wild Planet Foods, and Young's Seafood.

2.1. Key Findings of the Study.

The global processed fish market size was valued at $66,879.9 million in 2021, and is estimated to reach $87,172.2 million by 2031, registering a CAGR of 2.8% from 2022 to 2031.

By fish type, the aquaculture segment is estimated to witness the fastest growth, registering a CAGR of 3.5% during the forecast period.

In 2021, depending on product, the frozen segment was valued at $41,023.3 million, accounting for 61.3% of the global processed fish market share.

In 2021, the U.S. was the most prominent market in North America, and is projected to reach $20,451.8 million by 2031, growing at a CAGR of 2.1% during the forecast period.

Companies Mentioned

  • Beach Cliff
  • Brunswick Seafood
  • channel fish processing (cfp)
  • clover leaf seafoods
  • Gadre Premium Seafood
  • Golden Prize Canning Co., Ltd.
  • Goya Food Inc.
  • MOWI ASA
  • Oceans Secret
  • perdue farms
  • Safcol (The Seafood Experts Australia Pty Ltd.)
  • Safe Catch
  • true north seafood
  • wild planet foods
  • Young's Seafood

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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