Global Fish Processing Market is poised to reach USD 220.28 billion by 2021Posted by rohan on October 9th, 2017 The Global Fish Processing Market was worth USD 183.24 billion in 2016 and estimated to be growing at a CAGR of 3.75%, to reach USD 220.28 billion by 2021. The market is showcasing evident potential in the mentioned forecasting period. The market continues to gain momentum with the rapid increase in consumption of fish eating. Fish processing is the process which starts with the catching of fishes and ends at final shipping to customers. It includes entire species of aquatic organisms, irrespective of the place from where they are obtained. Fish is a very perishable food and hence needs to be stored and preserved properly for protection against decaying. Some of the popular fish processes used for fish preservation are surimi, curing, salting, drying, and smoking. Download Free Sample Report @ http://www.marketdataforecast.com/market-reports/fish-processing-market-2664/request-sample The major driving factors for the market of fish processing are the gradually increasing demand for seafood, change in the diet of consumers and rising demand for a variety of seafood products. Apart from this, the growing fish feed, as well as development in methods of packing and preserving the fish, also promotes the growth of global fish processing market. However, the growing consumption of processed fish of some specific species is making them extinct, thereby resulting in high price, leading to market decline. The increasing adoption of vegan or vegetarian lifestyle is also preventing the growth of this market. Buy now @ http://www.marketdataforecast.com/cart/buy-now/fish-processing-market-2664/ Global Fish Processing Market Segmentation
On the basis of geography, the global market is analysed under various regions namely North America, Europe, Asia-Pacific and Rest of the World. The Fish Processing market was dominated by Europe, with the largest market share globally. Asia-Pacific region was followed by Europe and North America. Asia Pacific is predicted to grow at a rapid pace in the coming few years. Some of the major companies dominating the market, by their products and services Maruha Nichiro Corporation (Japan), Pescanova S.A. (Spain), Royal Greenland A/S (Denmark), Norway Pelagic ASA and Charoen Pokphand Foods PCL (Thailand). About Us: Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions. Contact: Abhishek Shukla Sales Manager (International Business Development) Market Data Forecast Direct Line: +1-888-702-9626 Mobile: +91 998 555 0206 Mail: abhishek@marketdataforecast.com Like it? Share it! More by this author |