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Haddock Market to Grow at 4.8% CAGR During 2021 - 2030

10-25-2022 10:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Haddock Market

Haddock Market

The Haddock Market size was valued at $679.2 million in 2020, and is estimated to reach $ 1,123.4 million by 2030, registering a CAGR of 4.8% from 2021 to 2030. Haddock is considerably popular among seafood consumers, owing to its high protein, low mercury, and low-calorie content. It is majorly found in North Atlantic Ocean and associated seas. A number of local names are occasionally used for the haddock in different parts of Britain. Local names that have at sometimes been used for haddock include: adag, attac, haddie, luckenar, nockie, peterfish, pipe, poot, pout, rawn, and roan.

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—™๐—ผ๐—ฟ ๐—™๐—ฟ๐—ฒ๐—ฒ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ฃ๐——๐—™: https://www.alliedmarketresearch.com/request-sample/16219

๐— ๐—ฎ๐—ท๐—ผ๐—ฟ ๐—ž๐—ฒ๐˜† ๐—ฃ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€:

Players operating in the haddock industry have adopted product launch and business expansion as their key developmental strategies to expand their market share, increase profitability, and remain competitive in the market. Key players profiled in this report include Channel Fish Processing, Channel Seafoods International, CTLE Seafood, Inc., Holmes Seafood, Hottlet Frozen Foods, Marz Seafood, Ocean More Foods Co., Limited, Polar Seafood Greenland A/S, Seacore Seafood Inc., and The Fish Company.

๐—ค๐˜‚๐—ถ๐—ฐ๐—ธ ๐—•๐˜‚๐˜†: https://www.alliedmarketresearch.com/checkout-final/cbc6c41dc430c2aa778f077896de7363

๐—ฅ๐—ฒ๐—ด๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ข๐˜‚๐˜๐—น๐—ผ๐—ผ๐—ธ:

Region wise, the Asia-Pacific Haddock market is expected to witness significant growth at a CAGR of 5.9% during the forecast period. This is majorly attributed to growing demand for ready to eat and cook seafood and rise in disposable income. People have become more aware of newer types of products and offerings, which have raised consumer awareness and understanding. Owing to increased health concerns about negative consequences of excessive red meat eating, the Asia-Pacific market is expected to see a major increase in demand for smoked and frozen haddock in the future. People in the country are increasingly turning to seafood to meet their protein needs.

Key Findings Of The Study

The haddock market was valued at $679.2 million in 2020, and is estimated to reach $ 1,123.4 million by 2030, registering a CAGR of 4.8% from 2021 to 2030.
By type, the smoked segment is estimated to witness the significant growth, registering a CAGR of 7.0% during the forecast period.
In 2020, depending on distribution channel, the food service segment was valued at $125.7 million, accounting for 18.5% of the global haddock market share.
In 2020, the U.S. was the most prominent market in North America, and is projected to reach $208.2 million by 2030, growing at a CAGR of 5.0% during the forecast period.
๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—™๐—ผ๐—ฟ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป: https://www.alliedmarketresearch.com/request-for-customization/16219

Easy availability of haddock, despite being rarely produced and growing awareness regarding nutritional value and health benefits are expected to propel demand for haddock during the forecast period. For instance, haddock is a significant source of omega-3 fatty acids, which supports heart health. Omega-3 may also have benefits for skin health, preventing conditions such as dermatitis.

Related Reports:

U.S. and Australia Egg Protein Market - https://amarketplaceresearch.com/2022/10/18/u-s-and-australia-egg-protein-market-growth-projections-by-2031-bioflex-nutrition-pty-ltd-bio-techne-corporation-cargill-incorporated/

Organic Honey Market - https://amarketplaceresearch.com/2022/10/18/organic-honey-market-is-expected-to-grow-at-massive-5-50-cagr/

Nutraceutical Ingredients Market - https://www.einpresswire.com/article/597673578/nutraceutical-ingredients-market-competitive-analysis-with-growth-327-3-billion-by-2031-cagr-7-3

Red Wine Market - https://www.einpresswire.com/article/595097925/worldwide-demand-for-red-wine-market-is-grow-at-an-impressive-5-4-cagr-through-2028

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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