Global Herring Market Size study & Forecast, by Food Type (Pickled Herring, Smoked Herring), by End-Use (Residential, Restaurants, and Others), by Type (Atlantic Herring, Pacific Herring) and Regional Analysis, 2022-2029

PUBLISHED: May 13, 2023

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Global Herring Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2029. Herring refers to a variety of fish species that belong to the Clupeidae family and are mostly found in shallow, waters of the North Pacific and North Atlantic Oceans, including the Baltic Sea, and off the west coast of South America. Herrings are considered rich in essential nutrients including vitamin B12 and vitamin D. Moreover, consumption of herring offers various health benefits such as it improves brain function and maintaining healthy nerve cells as well as helping the body in creating red blood cells. The increasing aquaculture production worldwide and growing health concerns are key factors driving the market growth.

The increasing aquaculture production worldwide is contributing towards the growth of the Global Herring Market. For instance - as per the Food and Agriculture Organization of the United Nations - in 2018, global aquaculture production was estimated at 26 million tonnes, and this amount is projected to grow by more than 32 percent to reach 109 million tonnes by 2030. Also, rising penetration of e-grocery channels and increasing number of health-conscious individuals would create lucrative growth opportunities for the market over the projected period. However, high cost associated with herring food products hinders the market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Herring Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players and increasing consumption of seafood products in the region. Whereas Asia Pacific is expected to grow with the highest CAGR during the forecast period, owing to factors such as rising consumption of packaged seafood products and increasing popularity of e-grocery portals in the region.

Major market players included in this report are:

Barry Group Inc.
Cornelis Vrolijk
Iceland Seafood International hf
Maruha Nichiro Corp.
Nergard AS
Gold Star
Zila Laguna
Botsford Fisheries
TSIALIOS
BlackTiger Corporation Ltd

Recent Developments in the Market:

In January 2023, Portuguese based seafood company Brasmar Group acquired CT Holmes (Holmes Seafood) for an undisclosed amount. The acquired entity was established more than 70 years ago, Holmes Seafood is based in London and offers frozen seafood products.

Global Herring Market Report Scope:

Historical Data: 2019-2020-2021
Base Year for Estimation: 2021
Forecast period: 2022-2029
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Food Type, End-Use, Type, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Food type

Pickled Herring
Smoked Herring

By End-Use

Residential
Restaurants

By Type

Atlantic Herring
Pacific Herring

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
- 1.2.1. Herring Market, by Region, 2019-2029 (USD Billion)
- 1.2.2. Herring Market, by Food Type, 2019-2029 (USD Billion)
- 1.2.3. Herring Market, by End-Use, 2019-2029 (USD Billion)
- 1.2.4. Herring Market, by Type, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Herring Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Scope of the Study
- 2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Herring Market Dynamics

3.1. Herring Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing Aquaculture production worldwide
  - 3.1.1.2. Growing health concerns
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Herring
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising penetration of e-grocery channels
  - 3.1.3.2. Increasing number of health-conscious individuals

Chapter 4. Global Herring Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Herring Market, by Food Type

6.1. Market Snapshot
6.2. Global Herring Market by Food Type, Performance - Potential Analysis
6.3. Global Herring Market Estimates & Forecasts by Food Type 2019-2029 (USD Billion)
6.4. Herring Market, Sub Segment Analysis
- 6.4.1. Pickled Herring
- 6.4.2. Smoked Herring

Chapter 7. Global Herring Market, by End-Use

7.1. Market Snapshot
7.2. Global Herring Market by End-Use, Performance - Potential Analysis
7.3. Global Herring Market Estimates & Forecasts by End-Use 2019-2029 (USD Billion)
7.4. Herring Market, Sub Segment Analysis
- 7.4.1. Residential
- 7.4.2. Restaurants

Chapter 8. Global Herring Market, by Type

8.1. Market Snapshot
8.2. Global Herring Market by Type, Performance - Potential Analysis
8.3. Global Herring Market Estimates & Forecasts by Type 2019-2029 (USD Billion)
8.4. Herring Market, Sub Segment Analysis
- 8.4.1. Atlantic Herring
- 8.4.2. Pacific Herring

Chapter 9. Global Herring Market, Regional Analysis

9.1. Herring Market, Regional Market Snapshot
9.2. North America Herring Market
- 9.2.1. U.S. Herring Market
  - 9.2.1.1. Food Type breakdown estimates & forecasts, 2019-2029
  - 9.2.1.2. End-Use breakdown estimates & forecasts, 2019-2029
  - 9.2.1.3. Type breakdown estimates & forecasts, 2019-2029
- 9.2.2. Canada Herring Market
9.3. Europe Herring Market Snapshot
- 9.3.1. U.K. Herring Market
- 9.3.2. Germany Herring Market
- 9.3.3. France Herring Market
- 9.3.4. Spain Herring Market
- 9.3.5. Italy Herring Market
- 9.3.6. Rest of Europe Herring Market
9.4. Asia-Pacific Herring Market Snapshot
- 9.4.1. China Herring Market
- 9.4.2. India Herring Market
- 9.4.3. Japan Herring Market
- 9.4.4. Australia Herring Market
- 9.4.5. South Korea Herring Market
- 9.4.6. Rest of Asia Pacific Herring Market
9.5. Latin America Herring Market Snapshot
- 9.5.1. Brazil Herring Market
- 9.5.2. Mexico Herring Market
- 9.5.3. Rest of Latin America Herring Market
9.6. Rest of The World Herring Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies
10.2. Company Profiles
- 10.2.1. Barry Group Inc.
  - 10.2.1.1. Key Information
  - 10.2.1.2. Overview
  - 10.2.1.3. Financial (Subject to Data Availability)
  - 10.2.1.4. Product Summary
  - 10.2.1.5. Recent Developments
- 10.2.2. Cornelis Vrolijk
- 10.2.3. Iceland Seafood International hf
- 10.2.4. Maruha Nichiro Corp.
- 10.2.5. Nergard AS
- 10.2.6. Gold Star
- 10.2.7. Zila Laguna
- 10.2.8. Botsford Fisheries
- 10.2.9. TSIALIOS
- 10.2.10. BlackTiger Corporation Ltd

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Herring Market, report scope
TABLE 2. Global Herring Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Herring Market estimates & forecasts by Food Type 2019-2029 (USD Billion)
TABLE 4. Global Herring Market estimates & forecasts by End-Use 2019-2029 (USD Billion)
TABLE 5. Global Herring Market estimates & forecasts by Type 2019-2029 (USD Billion)
TABLE 6. Global Herring Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 7. Global Herring Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Herring Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Herring Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Herring Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Herring Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Herring Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Herring Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Herring Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Herring Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. U.S. Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 18. U.S. Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. Canada Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 20. Canada Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 21. Canada Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. UK Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 23. UK Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 24. UK Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. Germany Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 26. Germany Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 27. Germany Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. France Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 29. France Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 30. France Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. Italy Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 32. Italy Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 33. Italy Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Spain Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 35. Spain Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 36. Spain Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. RoE Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 38. RoE Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 39. RoE Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. China Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 41. China Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 42. China Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. India Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 44. India Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 45. India Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. Japan Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 47. Japan Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 48. Japan Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. South Korea Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 50. South Korea Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 51. South Korea Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. Australia Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 53. Australia Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 54. Australia Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. RoAPAC Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 56. RoAPAC Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 57. RoAPAC Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. Brazil Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 59. Brazil Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 60. Brazil Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Mexico Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 62. Mexico Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 63. Mexico Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. RoLA Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 65. RoLA Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 66. RoLA Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. Row Herring Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 68. Row Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 69. Row Herring Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Herring Market
TABLE 71. List of primary sources, used in the study of global Herring Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered