Press release
Global Flounder Market Anticipated to reach USD 56 Billion by 2030
Flounder Market
The global import market for flounder was USD 676.15 million in 2020, increased to $1.0293 billion in 2022 with a CAGR% of 8% in the last three years. The country with the largest import volume in the global import market is Hong Kong followed by Korea ranked second in the global flatfish import market.
The global export market for flounder decreased in size from $825 million in 2019 to $725.19 million in 2020, but growth later recovered and increased to $1.05096 billion in 2022. As of 2022, the three-year CAGR (compound annual growth rate) was recorded at 8%. The country with the largest export volume in the global export market is China followed by Japan.
This report focuses on identifying opportunities and strategies for investing in the global flounders market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2023-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter's Fiver Forces analysis.
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Hypermarket and supermarket channels in the United States are active in securing competitiveness compared to other channels through diversification of product composition, strengthening of product lines, and low prices through development of their own brands. In the case of online channels, platforms such as Amazon, Walmart, and eBay are major players. is dominating the market.
The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global respiratory drugs market is expected to reach $730 billion by 2030, growing by 8.9% annually over the coming years.
Highlighted with 90 tables and 104 figures, this 189-page report represents a 360-degree view on the global market with extensively detailed segmentations Type, Application, End-User, Export Import, Price, Distribution Channel, and Region/Country as shown below. Annual revenue 2023-2030 for each segment is included in the report.
Global Flounder Market By Type
Olive Flounder
Starry Flounder
Golden Flounder
Turbot
Abalone
Others
Global Flounder Market By Form
Live
Fresh
Frozen
Canned
Processed
Others
Global Flounder Market By Distribution Channel
Off-Trade
Convenience Stores
Online Channel
Supermarkets and Hypermarkets
Other Distribution Channels
On-Trade
Global Flounder Market By Application
Supermarkets
Restaurants
Household
Commercial
Others
Some of the major players in the flounder market across the world are Maruha Nichiro, Trident Seafoods, Pacific Seafood, Leroy Seafood, Nueva Pescanova, Pacific American Fish Company, Inc, Sanford, Slade Gorton, Talleys Group Limited, The Fish etc.
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By Region
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
The breakdown of all regional markets by country and the breakdown of each national market by Type, Application, End-User, and Distribution Channel over the forecast years are also included.
Detailed Analysis of Export mandatory certification system and regulations
• M.S.C.
• Vegan Action
• IFANCAHalal
• ISO 22000
• ASC
• HACCP
• Orthodox Union Kosher
• Others
The report includes flounder market status, economy, global trade, local trade, local flounder distribution, item import/export investigation, US flatfish market, consumption, distribution, distributors & buyers, export entry key barriers, tariffs and customs duty and certifications and regulations.
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SUPPLY DEMAND MARKET RESEARCH is dedicated to publishing only high quality in-depth market research studies that helps clients to attain granular level strategy and business trends expected for future development. Market sizing, forecasts, pricing trends, industry research, consumer insights, and innovation trends are topics of SDMR's portfolio of market research reports. Besides, given the impact of COVID-19 on all the reports that have been influenced drastically with respect to estimates of various industry parameters and data points, it is imperative to stay updated or revise the old market numbers. SDMR aligns these research reports accordingly to produce only the true and relevant figures.
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