Global Smoked Fish Market, By Product (Hot Smoked Fish, Cold Smoked Fish), Application (Food Service Sector, Retail Sector), Country (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2029.
Market Analysis and Insights Global Smoked Fish Market
Data Bridge Market Research analyses that the global smoked fish market to account USD 31.02 billion by 2029 growing at a CAGR of 5.0% in the forecast period of 2022-2029.
Smoked fish is a fish that is cooked by smoking for its preservation. It is an old method of preservation but in nowadays, fish is preserved through freezing and refrigeration when smoking is done for unique flavour and taste made by the smoking process.
The growing demand for ready to cook packaged seafood products is the major factor accelerating the growth of the smoked fish market in the forecast period of 2022-2029. Furthermore, increasing working class population, growing eagerness toward adopting a pescatarian lifestyle are the major factors driving the smoked fish in the forecast period of 2022-2029. Rising per capita income which enhances the buying power of consumers and demand for food with long life are also expected to drive the growth of the smoked fish market in the above mentioned forecast period. However, higher purchasing costs and lower profit margins restrains the smoked fish market, whereas, the health issues caused by preserved food and allergic reaction caused by fish will challenge market growth in the above mentioned forecast period.
In addition, rising popularity of processed seafood like smoked whitefish, mackerel, haddock, and salmon will create ample opportunities for the smoked fish market in the above mentioned forecast period.
This smoked fish market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on smoked fish market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Smoked Fish Market Scope and Market Size
The smoked fish market is segmented on the basis of product and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of product, the smoked fish market is segmented into hot smoked fish, and cold smoked fish.
- On the basis of application, the smoked fish market is segmented into food service sector, and retail sector.
Smoked Fish Market Country Level Analysis
The smoked fish market is analyses and market size, volume information is provided by country, product and application as referenced above.
The countries covered in the smoked fish market report are U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa(MEA).
Europe is dominating the smoked fish in the forecast period of 2022-2029 owing to the increasing number of discounts offered on smoked fish by some stores and the growing number of supermarkets, convenience stores, and hypermarkets in this region. Asia-Pacific and Europe region is expected to score the highest CAGR due to changing lifestyles, rising per capita income, and increasing number of offline & online stores in this region in the above mentioned forecast periods.
The country section of the smoked fish market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Smoked Fish Market Share Analysis
The smoked fish market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to smoked fish market.
The major players operating in the smoked fish market report are Croda International Plc, OCEANA GROUP LIMITED, Omega Protein Corporation, Calysta, Inc., Austevoll Seafood, Pioneer Fishing, The Scoular Company, Aker Biomarine Antarctic AS, Animalfeeds International Corporation, Alpha Atlantique, NOVUS INTERNATIONAL, ADM Animal Nutrition, AngelYeast Co., Ltd., Mukka Sea food Industries Limited, RAJ FISHMEAL AND OIL COMPANY among other.
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