Fish Processing Market Top Growth, Trends, Segmentations, Analysis, Key Players And Report By 2024-2033

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Fish Processing Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $262.01 billion In 2028 At A CAGR Of 4.8% :

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 A Sample Of This Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=8598&type=smp

Fish Processing Market Major Segments
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

Key Driver - Aquaculture Surge Propels Fish Processing Market Growth

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.

Customise This Report As Per Your Requirements -
https://www.thebusinessresearchcompany.com/Customise?id=8598&type=smp

Prominent Trend - Embracing Modern Processing Technologies With The Care Aquaculture Model

Modern processing technology is a key trend gaining popularity in the fish processing market. Companies operating in the fish processing market are adopting a new method, such as the CARE aquaculture Model, to strengthen their position in the market. For instance, in April 2021, CP Foods (Charon Pokphand Food), a Thailand-based agro-industrial and food conglomerate company, developed a CARE model for freshwater aquaculture. It is a newly invented farming technique, which comes from C - Consumer, A- Achieve easily and consistently, R- Reliable System, and E- Environmental Friendly. The CARE model is a farming system that cares about consumers regarding food safety and the environment providing the most nutritious fish. They are fed aqua feed manufactured from carefully selected and high-quality components. This new type of farming also gives better yields of over 10 tons per rai, which is 5% cheaper than usual.

Fish Processing 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.

View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/fish-processing-global-market-report

Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the fish processing market share in 2023. The regions covered in the fish processing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Fish Processing Market Report Structure
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 Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.