PUNE, India, June 8, 2016 /PRNewswire/ --
The report "Fish Processing Market by Category (Frozen, Preserved, Others), Species (Fish, Crustaceans, Mollusks, Others), Application (Food & Non-food), Source (Marine & Inland), Equipment, and by Region - Global Forecast to 2021", The 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.
Browse 102 market data Tables with 60 Figures spread through 167 Pages and in-depth TOC on "Fish Processing Market"
Early buyers will receive 10% customization on this report.
High nutritional profile and added health benefits of processed fish and fish products, growth in the aquaculture industry and increasing health consciousness have been contributing to the growth in the Fish Processing Market.
Food segment led the market with the largest share in 2015
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 Fish Processing Market is led by the food for human consumption segment. The reasons behind the growth of this segment are diversified portfolio of processed fish products, changing eating habits of the people, and inclusion of fish into people's daily diets.
Fish from marine captures dominated the Fish Processing Market
Based on sources for fish harvesting, the marine segment captured the largest market share in the Fish Processing Market in 2015. Due to the introduction of modern techniques for fishing, increased use of motorized fishing boats, and abundance of nutrients available from coastal upwelling and land runoff benefitial for the breeding of fish, the capture rates from marine sources have increased, leading to the growth of this market.
Significant growth for fish processing equipment is observed in the Asia-Pacific region
The Asia-Pacific region has abundant processing facilities, and with the changing eating habits there is a rise witnessed in this market. China led the Fish Processing Market in this region. Several Asian economies such as Thailand, Vietnam, and South Korea are dependent on fisheries as an important contributor to their GDP and are leading exporters of processed fish products to most European and North American countries.
This report includes a study of marketing and development strategies, along with the product portfolio of leading companies. It includes the profiles of leading companies 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).
Browse Related Reports
Aquafeed Market by Ingredients (Corn, Soybean, Fishmeal, Fish Oil, Additives, & Others), Aquatic Animal Type (Carp, Shrimp, Crustaceans, Mollusks, & Others), Fishmeal & Fish Oil End Use, by Region - Global Trends & Forecasts to 2021
Poultry Processing Equipment Market by Type (Chicken, Turkey, Ducks), Equipment Type (Killing & Defeathering, Evisceration, Cut-ups, Deboning & Skinning, Marinating & Tumbling), Product Type, & by Region - Global Forecast to 2020
MarketsandMarkets is the world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/food-and-beverage
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets