Key Market Indicators
The import of salmon to the US is expected to reach $1.55 billion by 2026, up 2.8% year-on-year on average. Since 2000, the market has grown 5.5% annually. American fish production is forecast to total 441,150 metric tons in 2026, down 0.1% year-on-year on average. Since 1965, supply has declined 0.3% annually. US fish consumption is projected to total 789,000 metric tons by 2026, a drop of 0.7% year-on-year on average. Since 2017, demand has decreased 2.1% annually.
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Seafood Industry: Prospects and Challenges in the Evolving Shark Meat Market
The shark meat market, a significant segment of the overall seafood industry, is characterized by both conventional and niche supply chains. Despite the lack of precise global data, recent research suggests that there is substantial demand in certain regional markets, particularly in Asia and parts of Europe where shark meat...
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Automotive Sector: Diving Deep into Trends Shaping the Tappet Market Landscape
The tappet market, a critical subset of the wider automotive sector, is going through a dynamic phase. Despite facing headwinds due to automotive industry slowdown and supply chain disruptions from COVID-19, it has showcased resilience. Demand for tappets, responsible for lifting the valve and integral to vehicle performance, remains consistent....
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Aquaculture Sector: Encapsulating the Tilapia Market's Sweeping Dynamics and Future Projections
The aquaculture industry has become increasingly pivotal within the global food supply chain, with tilapia being one of its major products. Favorable factors such as its cost effectiveness and high nutritional value have positioned tilapia as an attractive option for producers and consumers alike. Furthermore, advancements in technology and improved...
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Industrial Minerals Arena: Exploring Attapulgite Market's Trends, Growth and Forecasts
The trends of the attapulgite market, a specific segment of industrial minerals, are being spurred by a confluence of factors. Technological advancements have resulted in more efficient means of extracting and processing attapulgite, which is exceptionally absorbent and used in a variety of industries such as paints, medical and scientific...
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Industry Focus: Exploring Turboexpander Market's Dynamic Growth and Trends
The growth of the turboexpander market is primarily spurred by rising demand in energy-intensive sectors, notably petrochemicals and liquified natural gas (LNG). Industrial process efficiency improvements and energy recovery strategies have led to increased incorporation of turboexpanders. Mandatory environmental regulations are also scripting the demand trajectory, pushing industries towards the...
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