Fishing, Hunting And Trapping Market Outlook 2024 : Expected Market Growth Rate, Major Driver And Segments | Nippon Suisan Kaisha Ltd., Maruha Nichiro Corporation, Leroy Seafood Group ASA

"The new report published by The Business Research Company, titled Fishing, Hunting And Trapping Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the fishing, hunting and trapping market size has grown strongly in recent years. It will grow from $1085.26 billion in 2023 to $1162.13 billion in 2024 at a compound annual growth rate (CAGR) of 7.1%. The fishing, hunting and trapping market size is expected to see strong growth in the next few years. It will grow to $1518.66 billion in 2028 at a compound annual growth rate (CAGR) of 6.9%.

Download Free Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=2149&type=smp

Increasing Demand For Sea Food Products In Fishing, Hunting, And Trapping Market
The increasing demand for seafood products is expected to propel the growth of the fishing, hunting, and trapping market going forward. Seafood products refer to a wide variety of food items derived from aquatic animals and plants that are harvested from freshwater and marine environments. Fishing, hunting, and trapping are used to obtain seafood products which are rich in nutrients and it involves catching fish, shellfish, and other aquatic organisms with the help of nets, lines, traps, and fishing vessels. For instance, in March 2023, according to the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES),a Australia based government department, the Australian fisheries and aquaculture production has increased by 8% to $3.63 billion 2022-23 and it is estimated that it will increase by 2% in 2023-24.Therefore, increasing demand for seafood products is driving the growth of the fishing, hunting and trapping market.

Innovative Technologies Transforming The Fishing, Hunting, And Trapping Market
Major companies operating in the fishing, hunting and trapping market are focusing on developing new technologies, such as artificial intelligence (AI)-guided fish harvesting machine, to provide a competitive edge in the market. Artificial intelligence (AI)-guided fish harvesting machine plays a significant role in fishing, hunting and trapping as it is more humane and less wasteful than traditional fish harvesting methods. For instance, in July 2022, Shinkei Systems., a US-based automation agency that provides automation for fish harvesting launched artificial intelligence (AI)-guided fish harvesting machine. Artificial intelligence (AI)-guided fish harvesting machine is a machine that uses Japanese method of killing fish that involves inserting a spike into the brain to kill the fish instantly and humanely. This machine includes a hopper for incoming fish, an operational area, and an output where it can go into an ice bath. It uses computer vision system that identifies the species and shape of the fish it is holding.

The fishing, hunting and trapping market covered in this report is segmented -

1) By Type: Fishing, Hunting And Trapping
2) By Application: Sportfishing Association, Fishing Organization, Other Applications

Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=2149&type=discount

Major companies operating in the fishing, hunting and trapping market include Nippon Suisan Kaisha Ltd., Maruha Nichiro Corporation, Leroy Seafood Group ASA, Angler's Legacy, American Sportfishing Association, Keep America Fishing Organization, National Association of Sporting Goods Wholesalers, National Rifle Association (NRA), Orvis, Simms Fishing Products, The Orvis Company, Duck Commander, Costa Del Mar, Berkley Fishing, Mossy Oak, G. Loomis, Yeti Holdings, Abel Reels, Sage Fly Fishing, Penn Fishing, St. Croix Rods, Abu Garcia, Pure Fishing, Zebco, Ranger Boats, Winchester Repeating Arms, Mossberg, Browning Arms Company, Federal Premium Ammunition, Benelli Q.J., Kimber Manufacturing, Fabbrica d'Armi Pietro Beretta, Savage Arms, Remington Arms, PSE Archery, Bowtech Archery.

Contents of the report:
1. Executive Summary
2. Fishing, Hunting And Trapping Market Report Structure
3. Fishing, Hunting And Trapping Market Trends And Strategies
4. Fishing, Hunting And Trapping Market - Macro Economic Scenario
5. Fishing, Hunting And Trapping Market Size And Growth
…..
27. Fishing, Hunting And Trapping Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Explore the report store to make a direct purchase of the report @ https://www.thebusinessresearchcompany.com/report/fishing-hunting-and-trapping-global-market-report

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.