Press release
Smoked Fish Global Market Ascending: Size, CAGR, Drivers, and Trends Through 2025
Smoked Fish Global Market
What Is The Projected Market Size Of The Smoked Fish Global Market And Its Growth Rate?
• The smoked fish market size was valued at $13.6 billion in 2024.
• The market is anticipated to reach $14.33 billion in 2025, growing at a CAGR of 5.4%.
• Major growth drivers include culinary tradition and heritage, health and nutrition trends, and innovation in smoking techniques.
• The market is projected to expand to $18.17 billion by 2029, growing at a CAGR of 6.1%.
• Growth in the forecast period is mainly attributed to e-commerce and online retail growth, clean label products, and climate-smart practices.
What Is Driving The Growth In The Smoked Fish Global Market Report 2025?
The growing demand for processed food is a significant factor contributing to the development of the smoked fish market. The convenience and longer shelf life of smoked fish make it a popular choice among consumers. According to the USDA, exports of U.S. processed foods reached $38 billion in 2022, signifying a growing need for such products. Therefore, it's clear that the subsequent rise in demand for processed food will fuel the smoked fish market's growth.
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Who Are The Key Players Driving Smoked Fish Global Market Growth?
The critical players in the smoked fish market include:
• 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 Group
• Marine Harvest ASA
• The Hain Celestial Group Inc.
What Are The Key Trends In The Smoked Fish Global Market?
Major trends in the smoked fish market include:
• Flavor innovation
• Sustainable sourcing
• Health and wellness focus
• Premiumization
• Clean label products
What Are The Segments Of The Smoked Fish Global Market Report 2025?
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
Which Region Leads The Smoked Fish Global Market Report 2025?
Europe was the largest region in the smoked fish market in 2024. The market report covers multiple regions, including Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
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What Is Covered In The Smoked Fish Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Smoked Fish Global Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Smoked Fish Global Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Smoked Fish Global Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Smoked Fish Global Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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