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Global Fish Processing Market Analysis, Size, Share, Trends, Innovations, Challenges, and Forecasts 2032|| Including a Comprehensive Research on Key Market Players - Charon Pokphand Food, Royal Greenland A/S, Higher Liner Food Incorp, Leroy Seafood Group
Fish Processing Market
Fish Processing Market Size, Growth Rate, And Forecast
The global fish processing market size is expected to grow from $202.11 billion in 2022 to $212.96 billion in 2023 at a compound annual growth rate (CAGR) of 5.3%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The fish processing market size is expected to reach $252.33 billion in 2027 at a CAGR of 4.3%.
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Fish Processing Market Drivers
The growth of the aquaculture industry is expected to propel the growth of the fish processing market going forward. Aquaculture is the practice of harvesting fish, shellfish, and aquatic plants in fresh, salt, and brackish waterways. Aquaculture provide food, rebuilds populations of endangered species, replenishes natural stocks, and restores habitats of water-based species. Due to the enormous demand for seafood and the decreasing annual catch of wild fish, aquaculture is predicted to grow, thus increasing the need for fish processing.
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Fish Processing Market Segments
• By Source: Marine, Inland
• By Species: Fish, Crustaceans, Mollusks, Other Species
• By Processing: Frozen, Preserved, Other Processes
• By Application: Food, Non-food
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the fish processing market.
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Fish Processing Market Key Players
Major competitors in the fish processing market are Charon Pokphand Food, Royal Greenland A/S, Higher Liner Food Incorp, Leroy Seafood Group, Maruha Nichiro Corp, Nippon Suisan Kaisha Ltd., Pescanova SA, Norway Palegic ASA, Thai Union Frozen Products PLC, JBT Corporation
The Business Research Company's "Global Fish Processing Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Fish Processing Market Include:
1. Executive Summary
2. Fish Processing Market Characteristics
3. Fish Processing Market Trends And Strategies
4. Fish Processing Market - Macro Economic Scenario
5. Fish Processing Market Size And Growth
………………
27. Fish Processing Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fish Processing Market
29. Fish Processing Market Future Outlook and Potential Analysis
30. Appendix
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