Product Code: A16983
The global processed fish market size was valued at $66,879.9 million in 2021, and is estimated to reach $87,172.2 million by 2031, registering a CAGR of 2.8% from 2022 to 2031.
Fish is processed by fermenting, salting, pickling, smoking, and other chemical processes to add taste to the fish and extend its shelf-life. The surge in demand for the seafood among consumers owing to its nutritional and health benefits along with the rising disposable income of the consumers is fueling the growth of the global processed fish market. The strong economic growth in the past decade resulted in increased employment, changing lifestyle of the consumers, and changing consumption pattern. The hectic and busy life schedules of the consumers has significantly fostered the demand for the packaged convenience food across the globe. The growing adoption of ready-to-cook and ready to eat food products among the young adults is expected to drive the growth of the global processed fish market.
The surge in penetration of the foodservice and food processing industries across the developed and developing economies is fueling the growth of the processed fish market. The growing popularity of dinning out among the working men and women is expected to foster the demand for processed fish. According to U.S. Department of Agriculture, spending on food away from homes (restaurant, full-service and fast food) accounted for $1.17 trillion or 55% of total food expenditures, in 2021. Therefore, the rise in the number of restaurants and hotels in the developing nations is anticipated to boost the processed fish market growth in the forthcoming future.
The demand for organic fish is rising and hence, the emphasis is growing on the organic farming of fishes. Aquaculture is expected to witness a significant rise during the forecast period, owing to the rising importance of aquaculture in the global food supply system and rising demand for the organic food. The rising health consciousness among the consumers and growing emphasis on the sustainably sourced fishes, is encouraging the consumers in the developed economies to boost their expenditure on consumption of healthy and sustainably farmed fishes and other seafood. The increasing consumer expenditure on healthy and functional food is propelling the demand for the organic food. Therefore the organically farmed fishes are high in demand among the consumers. According to the Organic Trade Association (OTA), in 2020, the U.S. witnessed an all-time high sales of organic food products.
The processed fish market is segmented on the basis of fish type, product, application, distribution channel, and region. By fish type, the market is categorized into capture and aquaculture. Both, the capture and aquaculture segments are specifically further bifurcated into cod, salmon, tuna, sardines, mackerel, and others. Moreover, depending on product, it is segmented into frozen, cured, and prepared and preserved segments. On the basis of application, the market is segmented into commercial and residential. Depending on distribution channel, the processed fish market is categorized into supermarkets and hypermarkets, convenience stores, independent retailers, online sales, and others. Region-wise, the processed fish market is analyzed across North America, Europe, Asia-Pacific, and LAMEA (Latin America, Middle East, and Africa).
Players operating in the processed fish market have used a variety of developmental strategies to expand their market share, exploit the processed fish market opportunities, and boost market profitability. The key players operating in the processed fish industry include, Beach Cliff, Brunswick, Channel Fish Processing, Clover Leaf, Gadre Premium Seafood, Golden Prize Canning Co., Ltd., Goya Foods, Inc., MOWI, Oceans Secret, Perdue Farms, Safcol, Safe Catch, True North Seafood Company, Wild Planet Foods, and Young's Seafood.
Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the processed fish market analysis from 2021 to 2031 to identify the prevailing processed fish market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the processed fish market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global processed fish market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Fish Type
- Capture
- Sub Type
- Cod
- Salmon
- Tuna
- Sardines
- Mackerel
- Others
- Aquaculture
- Sub Type
- Cod
- Salmon
- Tuna
- Sardines
- Mackerel
- Others
By Product
- Frozen
- Cured
- Prepared and Preserved
By Application
By Distribution Channel
- Supermarkets and hypermarkets
- Independent Retailers
- Online sales
- Others
- Convenience Stores
By Region
- North America
- Europe
- UK
- Germany
- France
- Italy
- Russia
- Spain
- Rest Of Europe
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest Of Asia-Pacific
- LAMEA
- Brazil
- Argentina
- South Africa
- UAE
- Egypt
- Rest Of LAMEA
- Key Market Players
- Beach Cliff
- Brunswick Seafood
- channel fish processing (cfp)
- clover leaf seafoods
- Gadre Premium Seafood
- Golden Prize Canning Co., Ltd.
- Goya Food Inc.
- MOWI ASA
- Oceans Secret
- perdue farms
- Safcol (The Seafood Experts Australia Pty Ltd.)
- Safe Catch
- true north seafood
- wild planet foods
- Young's Seafood
TABLE OF CONTENTS
CHAPTER 1:INTRODUCTION
- 1.1.Report description
- 1.2.Key market segments
- 1.3.Key benefits to the stakeholders
- 1.4.Research Methodology
- 1.4.1.Secondary research
- 1.4.2.Primary research
- 1.4.3.Analyst tools and models
CHAPTER 2:EXECUTIVE SUMMARY
- 2.1.Key findings of the study
- 2.2.CXO Perspective
CHAPTER 3:MARKET OVERVIEW
- 3.1.Market definition and scope
- 3.2.Key findings
- 3.2.1.Top investment pockets
- 3.3.Porter's five forces analysis
- 3.4.Top player positioning
- 3.5.Market dynamics
- 3.5.1.Drivers
- 3.5.2.Restraints
- 3.5.3.Opportunities
- 3.6.COVID-19 Impact Analysis on the market
- 3.7.Value Chain Analysis
- 3.8.Market Share Analysis
CHAPTER 4: PROCESSED FISH MARKET, BY FISH TYPE
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Capture
- 4.2.1 Key market trends, growth factors and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market analysis by country
- 4.2.4 Capture Processed Fish Market by Sub Type
- 4.2.4.1 Cod Market size and forecast, by region
- 4.2.4.2 Salmon Market size and forecast, by region
- 4.2.4.3 Tuna Market size and forecast, by region
- 4.2.4.4 Sardines Market size and forecast, by region
- 4.2.4.5 Mackerel Market size and forecast, by region
- 4.2.4.6 Others Market size and forecast, by region
- 4.3 Aquaculture
- 4.3.1 Key market trends, growth factors and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market analysis by country
- 4.3.4 Aquaculture Processed Fish Market by Sub Type
- 4.3.4.1 Cod Market size and forecast, by region
- 4.3.4.2 Salmon Market size and forecast, by region
- 4.3.4.3 Tuna Market size and forecast, by region
- 4.3.4.4 Sardines Market size and forecast, by region
- 4.3.4.5 Mackerel Market size and forecast, by region
- 4.3.4.6 Others Market size and forecast, by region
CHAPTER 5: PROCESSED FISH MARKET, BY PRODUCT
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Frozen
- 5.2.1 Key market trends, growth factors and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market analysis by country
- 5.3 Cured
- 5.3.1 Key market trends, growth factors and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market analysis by country
- 5.4 Prepared and Preserved
- 5.4.1 Key market trends, growth factors and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market analysis by country
CHAPTER 6: PROCESSED FISH MARKET, BY APPLICATION
- 6.1 Overview
- 6.1.1 Market size and forecast
- 6.2 Commercial
- 6.2.1 Key market trends, growth factors and opportunities
- 6.2.2 Market size and forecast, by region
- 6.2.3 Market analysis by country
- 6.3 Residential
- 6.3.1 Key market trends, growth factors and opportunities
- 6.3.2 Market size and forecast, by region
- 6.3.3 Market analysis by country
CHAPTER 7: PROCESSED FISH MARKET, BY DISTRIBUTION CHANNEL
- 7.1 Overview
- 7.1.1 Market size and forecast
- 7.2 Supermarkets and hypermarkets
- 7.2.1 Key market trends, growth factors and opportunities
- 7.2.2 Market size and forecast, by region
- 7.2.3 Market analysis by country
- 7.3 Convenience Stores
- 7.3.1 Key market trends, growth factors and opportunities
- 7.3.2 Market size and forecast, by region
- 7.3.3 Market analysis by country
- 7.4 Independent Retailers
- 7.4.1 Key market trends, growth factors and opportunities
- 7.4.2 Market size and forecast, by region
- 7.4.3 Market analysis by country
- 7.5 Online sales
- 7.5.1 Key market trends, growth factors and opportunities
- 7.5.2 Market size and forecast, by region
- 7.5.3 Market analysis by country
- 7.6 Others
- 7.6.1 Key market trends, growth factors and opportunities
- 7.6.2 Market size and forecast, by region
- 7.6.3 Market analysis by country
CHAPTER 8: PROCESSED FISH MARKET, BY REGION
- 8.1 Overview
- 8.1.1 Market size and forecast
- 8.2 North America
- 8.2.1 Key trends and opportunities
- 8.2.2 North America Market size and forecast, by Fish Type
- 8.2.2.1 North America Capture Processed Fish Market by Sub Type
- 8.2.2.2 North America Aquaculture Processed Fish Market by Sub Type
- 8.2.3 North America Market size and forecast, by Product
- 8.2.4 North America Market size and forecast, by Application
- 8.2.5 North America Market size and forecast, by Distribution Channel
- 8.2.6 North America Market size and forecast, by country
- 8.2.6.1 U.S.
- 8.2.6.1.1 Market size and forecast, by Fish Type
- 8.2.6.1.2 Market size and forecast, by Product
- 8.2.6.1.3 Market size and forecast, by Application
- 8.2.6.1.4 Market size and forecast, by Distribution Channel
- 8.2.6.2 Canada
- 8.2.6.2.1 Market size and forecast, by Fish Type
- 8.2.6.2.2 Market size and forecast, by Product
- 8.2.6.2.3 Market size and forecast, by Application
- 8.2.6.2.4 Market size and forecast, by Distribution Channel
- 8.2.6.3 Mexico
- 8.2.6.3.1 Market size and forecast, by Fish Type
- 8.2.6.3.2 Market size and forecast, by Product
- 8.2.6.3.3 Market size and forecast, by Application
- 8.2.6.3.4 Market size and forecast, by Distribution Channel
- 8.3 Europe
- 8.3.1 Key trends and opportunities
- 8.3.2 Europe Market size and forecast, by Fish Type
- 8.3.2.1 Europe Capture Processed Fish Market by Sub Type
- 8.3.2.2 Europe Aquaculture Processed Fish Market by Sub Type
- 8.3.3 Europe Market size and forecast, by Product
- 8.3.4 Europe Market size and forecast, by Application
- 8.3.5 Europe Market size and forecast, by Distribution Channel
- 8.3.6 Europe Market size and forecast, by country
- 8.3.6.1 UK
- 8.3.6.1.1 Market size and forecast, by Fish Type
- 8.3.6.1.2 Market size and forecast, by Product
- 8.3.6.1.3 Market size and forecast, by Application
- 8.3.6.1.4 Market size and forecast, by Distribution Channel
- 8.3.6.2 Germany
- 8.3.6.2.1 Market size and forecast, by Fish Type
- 8.3.6.2.2 Market size and forecast, by Product
- 8.3.6.2.3 Market size and forecast, by Application
- 8.3.6.2.4 Market size and forecast, by Distribution Channel
- 8.3.6.3 France
- 8.3.6.3.1 Market size and forecast, by Fish Type
- 8.3.6.3.2 Market size and forecast, by Product
- 8.3.6.3.3 Market size and forecast, by Application
- 8.3.6.3.4 Market size and forecast, by Distribution Channel
- 8.3.6.4 Italy
- 8.3.6.4.1 Market size and forecast, by Fish Type
- 8.3.6.4.2 Market size and forecast, by Product
- 8.3.6.4.3 Market size and forecast, by Application
- 8.3.6.4.4 Market size and forecast, by Distribution Channel
- 8.3.6.5 Russia
- 8.3.6.5.1 Market size and forecast, by Fish Type
- 8.3.6.5.2 Market size and forecast, by Product
- 8.3.6.5.3 Market size and forecast, by Application
- 8.3.6.5.4 Market size and forecast, by Distribution Channel
- 8.3.6.6 Spain
- 8.3.6.6.1 Market size and forecast, by Fish Type
- 8.3.6.6.2 Market size and forecast, by Product
- 8.3.6.6.3 Market size and forecast, by Application
- 8.3.6.6.4 Market size and forecast, by Distribution Channel
- 8.3.6.7 Rest of Europe
- 8.3.6.7.1 Market size and forecast, by Fish Type
- 8.3.6.7.2 Market size and forecast, by Product
- 8.3.6.7.3 Market size and forecast, by Application
- 8.3.6.7.4 Market size and forecast, by Distribution Channel
- 8.4 Asia-Pacific
- 8.4.1 Key trends and opportunities
- 8.4.2 Asia-Pacific Market size and forecast, by Fish Type
- 8.4.2.1 Asia-Pacific Capture Processed Fish Market by Sub Type
- 8.4.2.2 Asia-Pacific Aquaculture Processed Fish Market by Sub Type
- 8.4.3 Asia-Pacific Market size and forecast, by Product
- 8.4.4 Asia-Pacific Market size and forecast, by Application
- 8.4.5 Asia-Pacific Market size and forecast, by Distribution Channel
- 8.4.6 Asia-Pacific Market size and forecast, by country
- 8.4.6.1 China
- 8.4.6.1.1 Market size and forecast, by Fish Type
- 8.4.6.1.2 Market size and forecast, by Product
- 8.4.6.1.3 Market size and forecast, by Application
- 8.4.6.1.4 Market size and forecast, by Distribution Channel
- 8.4.6.2 Japan
- 8.4.6.2.1 Market size and forecast, by Fish Type
- 8.4.6.2.2 Market size and forecast, by Product
- 8.4.6.2.3 Market size and forecast, by Application
- 8.4.6.2.4 Market size and forecast, by Distribution Channel
- 8.4.6.3 India
- 8.4.6.3.1 Market size and forecast, by Fish Type
- 8.4.6.3.2 Market size and forecast, by Product
- 8.4.6.3.3 Market size and forecast, by Application
- 8.4.6.3.4 Market size and forecast, by Distribution Channel
- 8.4.6.4 South Korea
- 8.4.6.4.1 Market size and forecast, by Fish Type
- 8.4.6.4.2 Market size and forecast, by Product
- 8.4.6.4.3 Market size and forecast, by Application
- 8.4.6.4.4 Market size and forecast, by Distribution Channel
- 8.4.6.5 Australia
- 8.4.6.5.1 Market size and forecast, by Fish Type
- 8.4.6.5.2 Market size and forecast, by Product
- 8.4.6.5.3 Market size and forecast, by Application
- 8.4.6.5.4 Market size and forecast, by Distribution Channel
- 8.4.6.6 Rest of Asia-Pacific
- 8.4.6.6.1 Market size and forecast, by Fish Type
- 8.4.6.6.2 Market size and forecast, by Product
- 8.4.6.6.3 Market size and forecast, by Application
- 8.4.6.6.4 Market size and forecast, by Distribution Channel
- 8.5 LAMEA
- 8.5.1 Key trends and opportunities
- 8.5.2 LAMEA Market size and forecast, by Fish Type
- 8.5.2.1 LAMEA Capture Processed Fish Market by Sub Type
- 8.5.2.2 LAMEA Aquaculture Processed Fish Market by Sub Type
- 8.5.3 LAMEA Market size and forecast, by Product
- 8.5.4 LAMEA Market size and forecast, by Application
- 8.5.5 LAMEA Market size and forecast, by Distribution Channel
- 8.5.6 LAMEA Market size and forecast, by country
- 8.5.6.1 Brazil
- 8.5.6.1.1 Market size and forecast, by Fish Type
- 8.5.6.1.2 Market size and forecast, by Product
- 8.5.6.1.3 Market size and forecast, by Application
- 8.5.6.1.4 Market size and forecast, by Distribution Channel
- 8.5.6.2 Argentina
- 8.5.6.2.1 Market size and forecast, by Fish Type
- 8.5.6.2.2 Market size and forecast, by Product
- 8.5.6.2.3 Market size and forecast, by Application
- 8.5.6.2.4 Market size and forecast, by Distribution Channel
- 8.5.6.3 South Africa
- 8.5.6.3.1 Market size and forecast, by Fish Type
- 8.5.6.3.2 Market size and forecast, by Product
- 8.5.6.3.3 Market size and forecast, by Application
- 8.5.6.3.4 Market size and forecast, by Distribution Channel
- 8.5.6.4 UAE
- 8.5.6.4.1 Market size and forecast, by Fish Type
- 8.5.6.4.2 Market size and forecast, by Product
- 8.5.6.4.3 Market size and forecast, by Application
- 8.5.6.4.4 Market size and forecast, by Distribution Channel
- 8.5.6.5 Egypt
- 8.5.6.5.1 Market size and forecast, by Fish Type
- 8.5.6.5.2 Market size and forecast, by Product
- 8.5.6.5.3 Market size and forecast, by Application
- 8.5.6.5.4 Market size and forecast, by Distribution Channel
- 8.5.6.6 Rest of LAMEA
- 8.5.6.6.1 Market size and forecast, by Fish Type
- 8.5.6.6.2 Market size and forecast, by Product
- 8.5.6.6.3 Market size and forecast, by Application
- 8.5.6.6.4 Market size and forecast, by Distribution Channel
CHAPTER 9: COMPANY LANDSCAPE
- 9.1. Introduction
- 9.2. Top winning strategies
- 9.3. Product Mapping of Top 10 Player
- 9.4. Competitive Dashboard
- 9.5. Competitive Heatmap
- 9.6. Key developments
CHAPTER 10: COMPANY PROFILES
- 10.1 Beach Cliff
- 10.1.1 Company overview
- 10.1.2 Company snapshot
- 10.1.3 Operating business segments
- 10.1.4 Product portfolio
- 10.1.5 Business performance
- 10.1.6 Key strategic moves and developments
- 10.2 Brunswick Seafood
- 10.2.1 Company overview
- 10.2.2 Company snapshot
- 10.2.3 Operating business segments
- 10.2.4 Product portfolio
- 10.2.5 Business performance
- 10.2.6 Key strategic moves and developments
- 10.3 channel fish processing (cfp)
- 10.3.1 Company overview
- 10.3.2 Company snapshot
- 10.3.3 Operating business segments
- 10.3.4 Product portfolio
- 10.3.5 Business performance
- 10.3.6 Key strategic moves and developments
- 10.4 clover leaf seafoods
- 10.4.1 Company overview
- 10.4.2 Company snapshot
- 10.4.3 Operating business segments
- 10.4.4 Product portfolio
- 10.4.5 Business performance
- 10.4.6 Key strategic moves and developments
- 10.5 Gadre Premium Seafood
- 10.5.1 Company overview
- 10.5.2 Company snapshot
- 10.5.3 Operating business segments
- 10.5.4 Product portfolio
- 10.5.5 Business performance
- 10.5.6 Key strategic moves and developments
- 10.6 Golden Prize Canning Co., Ltd.
- 10.6.1 Company overview
- 10.6.2 Company snapshot
- 10.6.3 Operating business segments
- 10.6.4 Product portfolio
- 10.6.5 Business performance
- 10.6.6 Key strategic moves and developments
- 10.7 Goya Food Inc.
- 10.7.1 Company overview
- 10.7.2 Company snapshot
- 10.7.3 Operating business segments
- 10.7.4 Product portfolio
- 10.7.5 Business performance
- 10.7.6 Key strategic moves and developments
- 10.8 MOWI ASA
- 10.8.1 Company overview
- 10.8.2 Company snapshot
- 10.8.3 Operating business segments
- 10.8.4 Product portfolio
- 10.8.5 Business performance
- 10.8.6 Key strategic moves and developments
- 10.9 Oceans Secret
- 10.9.1 Company overview
- 10.9.2 Company snapshot
- 10.9.3 Operating business segments
- 10.9.4 Product portfolio
- 10.9.5 Business performance
- 10.9.6 Key strategic moves and developments
- 10.10 perdue farms
- 10.10.1 Company overview
- 10.10.2 Company snapshot
- 10.10.3 Operating business segments
- 10.10.4 Product portfolio
- 10.10.5 Business performance
- 10.10.6 Key strategic moves and developments
- 10.11 Safcol (The Seafood Experts Australia Pty Ltd.)
- 10.11.1 Company overview
- 10.11.2 Company snapshot
- 10.11.3 Operating business segments
- 10.11.4 Product portfolio
- 10.11.5 Business performance
- 10.11.6 Key strategic moves and developments
- 10.12 Safe Catch
- 10.12.1 Company overview
- 10.12.2 Company snapshot
- 10.12.3 Operating business segments
- 10.12.4 Product portfolio
- 10.12.5 Business performance
- 10.12.6 Key strategic moves and developments
- 10.13 true north seafood
- 10.13.1 Company overview
- 10.13.2 Company snapshot
- 10.13.3 Operating business segments
- 10.13.4 Product portfolio
- 10.13.5 Business performance
- 10.13.6 Key strategic moves and developments
- 10.14 wild planet foods
- 10.14.1 Company overview
- 10.14.2 Company snapshot
- 10.14.3 Operating business segments
- 10.14.4 Product portfolio
- 10.14.5 Business performance
- 10.14.6 Key strategic moves and developments
- 10.15 Young's Seafood
- 10.15.1 Company overview
- 10.15.2 Company snapshot
- 10.15.3 Operating business segments
- 10.15.4 Product portfolio
- 10.15.5 Business performance
- 10.15.6 Key strategic moves and developments