1. Market Research
  2. > Food Processing Market Trends
Fish Processing Market by Category , Species , Application , Source , Equipment, and by Region - Global Forecast to 2021

Fish Processing Market by Category , Species , Application , Source , Equipment, and by Region - Global Forecast to 2021

  • June 2016
  • 169 pages
  • ID: 3903658
  • Format: PDF
  • MarketsandMarkets

Summary

Table of Contents

Search Inside

The fish processing market is projected to reach USD 222.71 billion in terms of value, at a CAGR of 3.8% from 2016 to 2021, and 37,194.98 KT in terms of volume by 2021, at a CAGR of 2.2% from 2016 to 2021. This report analyzes the fish processing market, in terms of category, species, application, source, equipment, and region. The fish processing market has grown steadily in the last few years and this trend is projected to continue until 2021. The primary factors driving the global success of this market are high nutritional profile and health benefits of fish and fish products. This market is also driven by growing aquaculture industry and increasing health consciousness.

“Non-food segment to be the fastest growing segment from 2016 to 2021”

On the basis of application, the fish processing market is classified into food and non-food applications such as fish meal, fish oil, cosmetics, fertilizers, and other industrial uses. The non-food processing application segment was the fastest growing segment, growing at a rapid rate till 2021. The reasons behind the growth of this segment is the increasing demand for fish meal, fish oil, cosmetics, fertilizers, and other industrial applications.

“Fish from inland captures growing at the fastest CAGR in the fish processing market”

Based on sources for fish harvesting, the inland segment for the fish processing market is projected to grow at the highest CAGR of 7.1% from 2016 to 2021. Introduction of modern technologies and techniques for fishing, increased motorization of fisheries boats, and relaxation of government policies for inland fisheries have led to the growth of this market.

“Curing, drying, smoking, salting & surimi segments growing faster than other forms of fish processing”

Dried seafood is available in many forms such as dried fish, dried oysters, dried shrimps, and dried octopus, among others that are gaining popularity in many developed regions. Smoking, both hot smoking and cold smoking of fish, has become a trend for preservation in several European countries. Surimi is a unique food made out of fish protein, popular in Asia, which is now making its way into daily diets of people across the globe. These varieties of processed fish have witnessed a steady growth in the fish processing market.

“Portugal is the fastest growing country in the European region”

The European region has abundant processing facilities, advanced machineries, and boats, and with the increasing import of shrimp and other varieties of fish from Asian economies, there is rise witnessed in this market. Portugal witnessed the highest growth in the European region with an increase in capture and supply of turbot, oysters, clams, cod, hake, and sardine. Several European economies such as Poland, Denmark, Spain, and Portugal are dependant on fisheries as an important contributor to their GDP and are leading exporters of processed fish products to most European and North American countries.

Given below is the breakdown of the primaries on the basis of company, designation, and region, conducted during the research study.

-By Company Type: Tier 1 – 45%, Tier 2 – 35%, and Tier 3 – 20%
-By Designation: C level – 22%, Director level – 28%, and Others – 50%
-By Region: North America – 45%, Europe – 25%, APAC – 18%, and RoW – 12%

The fish processing market is dominated by leading players such Charoen Pokphand Foods PCL (Thailand), Maruha Nichiro Corporation (Japan), Nippon Suisan Kaisha, Ltd. (Japan), Marine Harvest ASA (Norway), and Thai Union Frozen Products PLC (Thailand). Other players include Pescanova S.A. (Spain), High Liner Foods Incorporated (Canada), Royal Greenland A/S (Denmark), Leroy Seafood Group ASA (Norway), and Norway Pelagic ASA (Norway).

Reasons to buy this report:

To get a comprehensive overview of the global fish processing market
To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
To gain insights of the major countries/regions in which the fish processing market is flourishing

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

ReportLinker may already be registered as a supplier with your company. If you want to Order by PO, check with us first and we'll let you know if we are a registered supplier and what the vendor number is. Otherwise, we'll provide you with the necessary information to register ReportLinker as a vendor.

Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at [email protected] to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - [email protected] or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers

Seafood Processing in Australia - Industry Market Research Report

  • $ 805
  • October 2021
  • 48 pages

Troubled waters: Volatile trade conditions have put pressure on industry operations Abstract Seafood Processing in Australia Industry companies process and manufacture fish or other seafood. The industry ...

  • Australia
  • Seafood Processing
  • Industry analysis
  • Seafood Consumption
  • Disposable Income

ref:plp2016

Reportlinker.com © Copyright 2021. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on