Press release
Smoked Fish Market Set for Steady Growth, Valued at US$ 9.27 Billion in 2030
Smoked Fish Market
The Smoked Fish Market is experiencing a significant transformation driven by various factors. This report explores the different market segments and provides data sourced from industry participants across key regions, including North America, Asia Pacific, Europe, the Middle East & Africa, and South America. It offers a thorough analysis of rapid developments across multiple industry sectors, supported by historical data from 2018 to 2023. The report also delves into the key drivers, limitations, opportunities, and barriers impacting the market, offering investor recommendations based on a comprehensive examination of the market and the current competitive landscape.
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ: ๐๐ข๐ฌ๐ข๐ง๐ ๐๐๐ฆ๐๐ง๐ ๐๐จ๐ซ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐๐ ๐๐๐๐๐จ๐จ๐
The increasing demand for processed seafood, such as smoked salmon, haddock, whitefish, and mackerel, is a key driver for market growth. These products are popular due to their ease of preparation, making them convenient for time-pressed consumers. The rising per capita income, growing working-class population, and the increasing demand for ready-to-eat (RTE) packaged seafood are other factors contributing significantly to the market's expansion.
๐๐ง๐ฅ๐ข๐ง๐ ๐๐๐ญ๐๐ข๐ฅ๐ข๐ง๐ : ๐ ๐๐จ๐จ๐ฌ๐ญ ๐๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐จ๐ฐ๐ญ๐ก
The shift towards online retailing is another factor expected to boost market growth. Companies are increasingly promoting their products through online platforms, which not only enhance product visibility but also align with the preferences of the digital-savvy consumer. The rapid digitization worldwide is likely to further enhance the growth potential of online retail channels in the smoked fish market.
๐-๐๐จ๐ฆ๐ฆ๐๐ซ๐๐ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง: ๐ ๐๐๐ฐ ๐๐๐ฏ๐๐ง๐ฎ๐ ๐๐ญ๐ซ๐๐๐ฆ
The growth of the e-commerce sector is providing a new distribution channel for the smoked fish market. Both business-to-business (B2B) and business-to-consumer (B2C) operations benefit from online and e-commerce platforms, which have become vital revenue streams for the industry. For instance, platforms like Ocean Executive, a B2B marketplace, connect seafood businesses with grocery stores and large restaurant chains, significantly impacting market growth.
๐๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ: ๐๐ก๐๐ฅ๐ฅ๐๐ง๐ ๐๐ฌ ๐ข๐ง ๐๐๐ญ๐๐ข๐ฅ ๐๐ง๐ ๐๐ซ๐จ๐๐๐ฌ๐ฌ๐ข๐ง๐
Despite the positive growth outlook, the market faces certain challenges. Retail profit margins are expected to be lower, and purchasing costs are anticipated to rise, which may hinder market growth. The smoking process requires constant monitoring and expensive equipment. Additionally, maintaining moisture levels in the smoker is challenging, and there's a risk of contaminating the meat's flavor, which could impact the market negatively.
๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐๐ง๐๐ฌ
The demand for RTE packaged seafood is surging across regions such as America, Eastern Europe, APAC, and Africa, driven by rising disposable incomes and a growing working-class population. This increasing demand is expected to fuel the growth of the smoked fish market over the forecast period. Furthermore, the growing popularity of online shopping is encouraging many businesses to explore online retail formats to cater to the needs of internet-savvy consumers.
๐๐ฅ๐ข๐๐ค ๐๐๐ซ๐ ๐๐จ ๐๐๐ญ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐ง๐ ๐๐๐๐ซ๐ง ๐๐จ๐ซ๐: https://www.maximizemarketresearch.com/request-sample/147525/
๐๐ฆ๐จ๐ค๐๐ ๐ ๐ข๐ฌ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐๐ญ๐ก๐จ๐
Hot Smoked Fish
Cold Smoked Fish
The market is split into two segments based on Method: cold-smoked fish and hot-smoked fish. With a 57% market share, Hot Smoked Fish is the industry leader. This is important because the fish is fried and seasoned while it is curing, which saves time and removes the need for extra preparation before eating. The fish is hot-smoked over medium heat until it is cooked through. The majority of bacteria that cause disease are destroyed during this procedure. A minimum temperature of 80 degrees Celsius (176 degrees Fahrenheit) is needed for hot smoking. The finished product looks flaky and pallid when compared to cold smoked salmon.
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฒ๐ฉ๐
Smoked salmon
Smoked mackerel
Smoked herring
Smoked trout
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง
Food Service Sector
Retail Sector
Department Store
๐๐๐๐๐ฌ๐ฌ ๐๐จ๐ฎ๐ซ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ + ๐๐ข๐ฌ๐ฎ๐๐ฅ๐ฌ ๐๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/147525/
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ: ๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐๐๐๐ฌ ๐ญ๐ก๐ ๐๐๐ซ๐ค๐๐ญ
In 2023, the Europe region held the largest market share and is expected to witness significant growth at a CAGR of 6.1% during the forecast period. The growth in Europe, along with the Middle East and Africa, is driven by the increasing number of convenience stores, supermarkets, and hypermarkets, coupled with discounts offered by various smoked fish retailers. North America holds the second-largest market share, with significant contributions from the US and Canada.
The Asia Pacific region is projected to grow at a high compound annual growth rate, driven by rising per capita income, changing lifestyles, and an increase in online and offline retail businesses.
๐๐ฆ๐จ๐ค๐๐ ๐ ๐ข๐ฌ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
1. High Liner Foods
2. Marine Harvest
3. Nestle
4. Kraft Heinz
5. Dr. Schar
6. Epermarket
7. The Hain Celestial Group
8. Unilever
9. ConAgra
10.Leroy Seafood Group
11.2 Sisters Food Group
12.General Mills
13.Givaudan
14.Thai Union Group
15.Empresas AquaChile SA
16.Acme Smoked Fish Corp.
17.Foppen
18.Gottfried Friedrichs
19.Guyader Gastronomie
20.Leroy
21.Maisadour
22.Tassal Group Ltd.
๐๐ฆ๐จ๐ค๐๐ ๐ ๐ข๐ฌ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐๐จ๐ฉ๐ ๐๐ง๐ ๐๐๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ฒ:
The market research report Smoked Fish market offers thorough information on significant aspects, such as those that are expected to propel the industry's growth and upcoming challenges. The competitive landscape of the business, the goods promoted by well-known brands, and the investment possibilities in the Smoked Fish market will all be clearly understood by stakeholders. The study looks at both the qualitative and quantitative components of the industry. An exhaustive examination of the competitors in the Smoked Fish market is one of the things the MMR probe looks into.
๐๐๐ญ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ๏ผhttps://www.maximizemarketresearch.com/market-report/global-smoked-fish-market/147525/
๐๐๐ฒ ๐ช๐ฎ๐๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐๐ง๐ฌ๐ฐ๐๐ซ๐๐ ๐ข๐ง ๐ญ๐ก๐ ๐๐ฆ๐จ๐ค๐๐ ๐ ๐ข๐ฌ๐ก ๐๐๐ซ๐ค๐๐ญ ๐๐ซ๐:
What is Smoked Fish?
What will be the CAGR at which the Smoked Fish market will grow?
What is the growth rate of the Smoked Fish Market?
Which are the factors expected to drive the Smoked Fish market growth?
What are the different segments of the Smoked Fish Market?
What growth strategies are the players considering to increase their presence in Smoked Fish?
What are the upcoming industry applications and trends for the Smoked Fish Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Smoked Fish Market?
Who are the leading companies and what are their portfolios in Smoked Fish Market?
What segments are covered in the Smoked Fish Market?
๐๐๐ฒ ๐๐๐๐๐ซ๐ข๐ง๐ ๐ฌ:
Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐จ๐ฎ๐ซ ๐ญ๐จ๐ฉ-๐ฉ๐๐ซ๐๐จ๐ซ๐ฆ๐ข๐ง๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
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๐๐จ๐ง๐ญ๐๐๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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