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Fish Processing Market Outlook | Qualitative Insights, Key Enhancement, Share Forecast To 2025

04-11-2019 11:56 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

Fish Processing Market

Fish Processing Market

Operations of the fish/seafood processing industry include gathering, segregating, cutting, and packaging of seafood into ready-to-eat containers for retail purposes. Few companies operating in this industry are also engaged in providing fresh seafood to restaurants. The seafood processing industry acts as a link between retail customers and the fishermen, providing the later with a source of living. Whole port town economies are dependent on the seafood processing industry for their income.

They key market drivers for this industry are high nutritional value of fish, growth in aquaculture industry, and increase in health consciousness among the general public. However, rise in raw material prices and strict environmental regulations protecting fish species is expected to impede the market growth. The emerging markets of India, China, and Brazil provide numerous growth opportunities for fish processing market expansion.

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The fish processing market is segmented on the basis of species, category, application, source, equipment, and geography. Based on species, it is divided into fish, crustaceans, mollusks, and others. On the basis of category, it is classified into frozen, preserved, and others. Based on application, it is bifurcated into food and non-food. The source segment includes marine and inland. Based on equipment, the market is segmented into slaughtering, gutting, scaling, filleting, deboning, skinning, curing & smoking and others. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

In June 2017, CEER Processing Ltd., initially operations limited within Europe, expanded its presence in the UAE and Hong Kong. The company deals with a fish variety called the Nile Perch, locally known as Mbuta. As per the company executives, the reason of expanding into these two new markets was their growing population.

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Major Key players are:

• Marine Harvest ASA
• Leroy Seafood Group ASA
• Charoen Pokphand Foods PCL
• High Liner Foods Inc.
• Norway Pelagic ASA
• Pesconova S.A.
• Nippon Suisan Kaisha Ltd.
• Maruha Nichiro Corporation
• Royal Greenland A/S
• Thai Union Frozen Products Public Company Ltd.

Key Benefits:

• This report provides an extensive analysis of the current trends and emerging estimations & dynamics between 2016 and 2023 of the fish processing market.
• Competitive intelligence (of leading manufacturers and distributors of fish processing) assists in understanding the competitive scenario across the geographies.
• The report provides key information related to drives and restrains impacting the market.
• Industry analysis is conducted by following key product positioning and monitoring the top competitors within the market framework.
• Key market players are profiled and their strategies are analyzed thoroughly to provide a competitive outlook of the industry trends.

Access Full report @ https://www.alliedmarketresearch.com/fish-processing-market

About Us:

Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

Allied Market Research provides one stop solution from the beginning of data collection to investment advice. The analysts at Allied Market Research dig out factors that help clients to understand the significance and impact of market dynamics. The company amplies client’s insight on the factors, such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys among others. As follows, the company offers consistent business intelligent support to aid the clients to turn into prominent business firm.

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