COD Market Overview, Growth Strategies, Industry Drivers, Segments and Business Statistics 2022-2027

According to IMARC Group latest report titled "COD Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on COD market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global cod market is expected to exhibit a CAGR of 5.43% during 2022-2027.

Cod, or codfish, is a dark-spotted saltwater fish found in the cold, and clear waters belonging to the Gadidae family. It is a white, flaky fish that is mild in flavor and relatively low in fat and can be cooked in a variety of ways, including baking, frying, and poaching. It is a rich source of essential nutrients, such as vitamin B-12, vitamin E, niacin, phosphorus, vitamin A, vitamin D, protein, and omega-3 fatty acids. As a result, it aids in boosting immunity, improving brain functioning, controlling blood pressure, lowering blood cholesterol, and minimizing the risk of cardiovascular ailments. Additionally, its delicate flavor makes it a popular choice for fish and chips, fish tacos, and fish sandwiches. Some of the popular variants of cod consumed across the globe include the pacific, Atlantic and Greenland.

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Market Trends:

The rising consumption of seafood as a healthy and sustainable protein source majorly drives the global market. Due to the high protein content, low-fat levels, and essential fatty acids of cod fish are escalating the consumption of codfish among the masses. With the high prevalence of numerous lifestyle diseases, such as obesity, arthritis, and hypertension, further catalyzing the product demand. In addition, the advent of canned, chilled, and processed cod fish with a prolonged shelf life is significantly supporting the market. Apart from this, the increasing utilization of cod liver oil in the pharmaceutical industry on account of its numerous bioactive ingredients, including docosahexaenoic acid (DHA) and eicosatetraenoic acid (EPA), is also positively influencing the market. Furthermore, the advent of innovative aquaculture practices to improve productivity and control disease outbreaks in cod fish species is creating a positive market outlook.

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Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

• Aalesundfish AS
• Alliance Seafood AS
• ANDREAS BJØRGE SEAFOOD AS
• Arctic Catch AS
• Iceland Seafood International hf
• Lerøy Seafood Group ASA
• Norebo Holding JSC
• Norges Sjømatråd AS
• Norsk Sjømat AS.

COD Market Segmentation:

Our report has categorized the market based on region, species, source, product type and distribution channel.

Breakup by Species:
• Atlantic Cod Fish
• Pacific Cod Fish
• Greenland Cod Fish
• Others

Breakup by Source:
• Farmed
• Wild Capture

Breakup by Product Type:
• Fresh
• Canned
• Frozen
• Others

Breakup by Distribution Channel:
• Institutional
• Retail
o Direct Sales
o Supermarkets and Hypermarkets
o Online Stores
o Others

Breakup by Region:
• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the report:
• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Porter's Five Forces Analysis
• Market Drivers and Success Factors
• SWOT Analysis
• Value Chain
• Comprehensive Mapping of the Competitive Landscape

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