Fish Processing Global Market 2024 - Key Drivers, Growth Factors, Technological Development And Forecast To 2033

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033

The Business Research Company presents an extensive market research report on the Fish Processing Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.

Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.

Market Sizing:

The fish processing market size has grown steadily in recent years. It will grow from $208.01 billion in 2023 to $217.39 billion in 2024 at a compound annual growth rate (CAGR) of 4.5%. The growth in the historic period can be attributed to global supply and demand, consumer preferences, market entry of new species, export and trade policies, environmental concerns, labor and automation.

The fish processing market size is expected to see steady growth in the next few years. It will grow to $262.01 billion in 2028 at a compound annual growth rate (CAGR) of 4.8%. The growth in the forecast period can be attributed to customization and innovation, emerging markets, alternative protein sources, demand for convenience foods, supply chain efficiency. Major trends in the forecast period include market transparency and consumer education, customization and personalization, health and nutrition focus, value-added processing.

Request for free sample report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8598&type=smp

Key Market Players:

Major companies operating in the fish processing market report are Maruha Nichiro Corporation, Skagin 3X, Charoen Pokphand Foods Public Company Limited, Amway Corp., GEA Group, Mowi Feed AS, Marine Harvest ASA, The Union Frozen Company, Thai Union Frozen Products Public Co. Ltd., BIOMERIEUX S.A., The Middleby Corp., Leroy Seafood Group, JBT Corporation, Marel Ltd., Nippon Suisan Kaisha Ltd., Higher Liner Food Incorporated, Royal Greenland A/S, Norway Palegic ASA, Baader Linco Inc., SEAC AB, Arenco AB, Sykes Seafood Ltd., Pisces Fish Machinery Inc., Uni-Food Technic A/S, Kaj Olesen A/S, Pescanova SA, Optimer AS, KROMA A/S, Pelagic ASA, Zhengda Food Machinery Co. Ltd.

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. For instance, in September 2023, according to the Sea Fish Industry Authority, a UK-based non-departmental public body (NDPB) that supports the seafood industry, the production of aquaculture is predicted to rise to 106 million tons by 2030, representing a 22% total growth or about 19 million tons. Therefore, the growth of the aquaculture industry is driving the demand for the fish processing market.

Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/fish-processing-global-market-report

The fish processing market covered in this report is segmented -

1) By Source: Marine, Inland
2) By Species: Fish, Crustaceans, Mollusks, Other Species
3) By Processing: Frozen, Preserved, Other Processes
4) By Application: Food, Non-food

The report answers the following questions:

What are the primary factors propelling the market during the projected period?

In which region is the most substantial growth expected?

Which trend will take center stage in the upcoming period?

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model

Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.

Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps

This release was published on openPR.