Press release
Global Smoked Fish Market Overview 2033 : Forecasted Market Size And Growth Rate | Nestle SA, Unilever Plc., Kraft Heinz Company, General Mills Inc., Conagra Foods Inc., Dongwon Industries Co Ltd
Smoked Fish Global Market Report
The Business Research Company presents an extensive market research report on the Smoked Fish 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 smoked fish market size has grown strongly in recent years. It will grow from $12.9 billion in 2023 to $13.6 billion in 2024 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to culinary tradition and heritage, local and regional preferences, health and nutrition trends, innovation in smoking techniques, convenience and ready-to-eat products.
The smoked fish market size is expected to see strong growth in the next few years. It will grow to $16.98 billion in 2028 at a compound annual growth rate (CAGR) of 5.7%. The growth in the forecast period can be attributed to e-commerce and online retail growth, clean label and transparency, climate-smart and sustainable practices, rising seafood snacking trend, celebration of culinary diversity. Major trends in the forecast period include flavor innovation, sustainable sourcing, health and wellness focus, premiumization, clean label products.
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Key Market Players:
Major companies operating in the smoked fish market report are Nestle SA, Unilever Plc., Kraft Heinz Company, General Mills Inc., Conagra Foods Inc., Dongwon Industries Co Ltd., 2 Sisters Food Group Ltd., Thai Union Group Ltd., Leroy Seafood GroupMarine Harvest ASA, The Hain Celestial Group Inc., Empresas AquaChile SA, Labeyrie Fine Foods LLC, Multiexport Foods SA, Grieg Seafood ASA, Mogster Group AS, Tassal Group Limited, Icicle Seafoods, Peter Pan Seafoods Inc., Foppen Group BV, Seattle Fish Company, Findus Group Ltd., Acme Smoked Fish Corporation, Trans-Ocean Products Inc., Kasilof Seafoods, Dr. Schar AG, Gottfried Friedrichs KG, Santa Barbara Smokehouse, Ducktrap, MacKnight Food Group Inc., The Great Fish Co, Vera Foods International, Cameron's Seafood, Gerard & Dominique Seafoods, Charlie's Smokehouse, Cawoods Smoked Salmon Ltd., Fortune Fish & Gourmet, Oregon Seafoods LLC, Coastal Seafoods, Frank's Smokehouse, Global Food Group, Atlantic Aqua Farms Ltd., Fishery Products International, Ocean Beauty Seafoods Inc., Seabear Smokehouse, Honey Smoked Fish Company
Market Drivers:
The increasing demand for processed food is expected to propel the growth of the smoked fish market going forward. Processed food refers to any food item that has undergone some form of processing or manipulation before it is consumed. Smoked fish has become a popular processed food option among consumers who value convenience and health as it possesses longer shelf life. For instance, according to the United Nations agency, United States Department of Agriculture (USDA), the total export of U.S. processed foods in 2022 was $38 billion. This represents an increase from previous years, as the demand for processed foods has been steadily growing in the United States. Therefore, increasing demand for processed food will fuel the smoked fish market's growth.
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https://www.thebusinessresearchcompany.com/report/smoked-fish-global-market-report
The smoked fish market covered in this report is segmented -
1) By Product Type: Smoked Salmon, Smoked Mackerel, Smoked Herring, Smoked Trout, Other Smoked Fishes
2) By Method: Hot Smoked Fish, Cold Smoked Fish
3) By Application: Food Service Sector, Retail Sector, Department Store
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?
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