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PUBLISHER: Grand View Research | PRODUCT CODE: 1092547

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PUBLISHER: Grand View Research | PRODUCT CODE: 1092547

Milkfish Market Size, Share & Trends Analysis Report By Form (Frozen, Canned), By Distribution Channel (Offline, Online), By Region, And Segment Forecasts, 2022 - 2028

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Milkfish Market Growth & Trends:

The global milkfish market size is estimated to reach USD 1.65 Billion by 2028 and expand at a CAGR of 5.2% from 2022 to 2028. Factors such as easy availability of the products, growing consumption of fish due to its nutritional content, and increasing smart fishing with innovative equipment are expected to promote the milkfish market in the next few years. Moreover, expansion and developments of distribution channels and increasing investment in research and development activities of aquaculture is going to impact the milkfish market.

Milkfish is a rich source of animal nutrition, and helps in providing protein needs, especially humans. Hence, the demand for milkfish is increasing due to its nutrient content. With the regular intake of milkfish heart disease can be prevented and develops the memory and brain in children. In addition, it promotes eye health, controls cholesterol levels, and are also helpful in reducing depression. Therefore, the health-benefiting characteristics are accelerating the growth of milkfish market.

The frozen segment contributed a share of around 55% in the global market revenue in 2021. The frozen segment consists of packed salted milkfish products. The rise in consumers' demand for frozen milkfish is a major factor to drive the segmental growth. The changing food habits of the citizens and the growing demand for fish proteins to fulfill the daily need for nutritional value are expected to boost the market growth during the forecast period.

Online distribution channel is forecast to expand at a higher CAGR of 6.4% from 2022 to 2028. The consumers started using online portals and mobile apps for shopping and are getting popular due to their simplicity and convenience. Products are available at economic rates via online channels compared to offline. End-users prefer authentic shopping portals or mobile apps to purchase therein leading to the growth of online segment.

Asia Pacific is estimated to contribute the largest market share of more than 65% in 2021 and forecast to expand at a CAGR of 5.0% from 2022 to 2028. The product has been originated in this region and has huge production capacity. Since ancient era, fishing is one of the prime business in this region. The countries such as China, India, and Indonesia are major contributing to the production of products. The consumption rate of products in the countries China and India is increasing as demand is increasing from huge rising population. Moreover, governments are taking initiative by offering funds for developing aquaculture. Thus, this region contributes to the largest market revenue.

Central and South America is forecasted to grow with a CAGR of 6.6% from 2022 to 2028. Country such as Brazil is highly contributing in the revenue generation of milkfish market. Moreover, the rapid adoption of aquaculture for increasing production has resulted in the growth of the market in this region.

Milkfish Market Report Highlights:

  • Asia Pacific is estimated to contribute the largest market share of more than 65% in 2021. Since ancient era, fishing is one of the prime business in this region and has huge production capacity.
  • Europe is forecast to grow with the 2nd fastest CAGR of 5.4% from 2022 to 2028. The growing production of milkfish are generating sales in this region. Consumers are well-conscious and thus, the demand for milkfish is surging in European market.
  • Frozen segment contributed share of around 55% in the global market revenue in 2021. The rise in consumer's demand for frozen milkfish is a major factor to drive the segmental growth.
  • Online distribution channel is forecasted to grow with a higher CAGR of 6.4% from 2022 to 2028. Citizens started using of online shopping portals and mobile apps and are getting popular due to the simplicity and convenience.
Product Code: GVR-4-68039-936-1

Table of Contents

Chapter 1. Methodology and Scope

  • 1.1. Market Segmentation & Scope
  • 1.2. Market Definition
  • 1.3. Information Procurement
    • 1.3.1. Purchased Database
    • 1.3.2. GVR's Internal Database
    • 1.3.3. Secondary Products & Third-Party Perspectives
    • 1.3.4. Primary Research
  • 1.4. Information Analysis
    • 1.4.1. Data Analysis Models
  • 1.5. Market Formulation & Data Visualization
  • 1.6. Data Validation & Publishing

Chapter 2. Executive Summary

  • 2.1. Market Outlook
  • 2.2. Form Outlook
  • 2.3. Distribution Channel Outlook
  • 2.4. Regional Outlook

Chapter 3. Milkfish Market Variables, Trends & Scope

  • 3.1. Market Introduction
  • 3.2. Penetration & Growth Prospect Mapping
  • 3.3. Industry Value Chain Analysis
    • 3.3.1. Sales/Retail Channel Analysis
    • 3.3.2. Profit Margin Analysis
  • 3.4. Market Dynamics
    • 3.4.1. Market Driver Analysis
    • 3.4.2. Market Restraint Analysis
    • 3.4.3. Industry Challenges
    • 3.4.4. Industry Opportunities
  • 3.5. Business Environment Analysis
    • 3.5.1. Industry Analysis - Porter's Five Forces Analysis
      • 3.5.1.1. Supplier Power
      • 3.5.1.2. Buyer Power
      • 3.5.1.3. Substitution Threat
      • 3.5.1.4. Threat from New Entrant
      • 3.5.1.5. Competitive Rivalry
  • 3.6. Roadmap of Milkfish Market
  • 3.7. Market Entry Strategies
  • 3.8. Impact of COVID-19

Chapter 4. Consumer Behavior Analysis

  • 4.1. Consumer Trends and Preferences
  • 4.2. Factors Affecting Buying Decision
  • 4.3. Consumer Form Adoption
  • 4.4. Observations & Recommendations

Chapter 5. Milkfish Market: Form Estimates & Trend Analysis

  • 5.1. Form Movement Analysis & Market Share, 2021 & 2028
  • 5.2. Frozen
    • 5.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 5.3. Canned
    • 5.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)

Chapter 6. Milkfish Market: Distribution Channel Estimates & Trend Analysis

  • 6.1. Distribution Channel Movement Analysis & Market Share, 2021 & 2028
  • 6.2. Offline
    • 6.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • 6.3. Online
    • 6.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)

Chapter 7. Milkfish Market: Regional Estimates & Trend Analysis

  • 7.1. Regional Movement Analysis & Market Share, 2021 & 2028
  • 7.2. North America
    • 7.2.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 7.2.2. Market Estimates and Forecast, by Form, 2017 - 2028 (USD Million)
    • 7.2.3. Market Estimates and Forecast, by Distribution Channel, 2017 - 2028 (USD Million)
    • 7.2.4. U.S.
      • 7.2.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 7.2.4.2. Market Estimates and Forecast, by Form, 2017 - 2028 (USD Million)
      • 7.2.4.3. Market Estimates and Forecast, by Distribution Channel, 2017 - 2028 (USD Million)
  • 7.3. Europe
    • 7.3.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 7.3.2. Market Estimates and Forecast, by Form, 2017 - 2028 (USD Million)
    • 7.3.3. Market Estimates and Forecast, by Distribution Channel, 2017 - 2028 (USD Million)
    • 7.3.4. Germany
      • 7.3.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 7.3.4.2. Market Estimates and Forecast, by Form, 2017 - 2028 (USD Million)
      • 7.3.4.3. Market Estimates and Forecast, by Distribution Channel, 2017 - 2028 (USD Million)
    • 7.3.5. France
      • 7.3.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 7.3.5.2. Market Estimates and Forecast, by Form, 2017 - 2028 (USD Million)
      • 7.3.5.3. Market Estimates and Forecast, by Distribution Channel, 2017 - 2028 (USD Million)
    • 7.3.6. U.K.
      • 7.3.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 7.3.6.2. Market Estimates and Forecast, by Form, 2017 - 2028 (USD Million)
      • 7.3.6.3. Market Estimates and Forecast, by Distribution Channel, 2017 - 2028 (USD Million)
  • 7.4. Asia Pacific
    • 7.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 7.4.2. Market Estimates and Forecast, by Form, 2017 - 2028 (USD Million)
    • 7.4.3. Market Estimates and Forecast, by Distribution Channel, 2017 - 2028 (USD Million)
    • 7.4.4. China
      • 7.4.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 7.4.4.2. Market Estimates and Forecast, by Form, 2017 - 2028 (USD Million)
      • 7.4.4.3. Market Estimates and Forecast, by Distribution Channel, 2017 - 2028 (USD Million)
    • 7.4.5. India
      • 7.4.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 7.4.5.2. Market Estimates and Forecast, by Form, 2017 - 2028 (USD Million)
      • 7.4.5.3. Market Estimates and Forecast, by Distribution Channel, 2017 - 2028 (USD Million)
    • 7.4.6. Indonesia
      • 7.4.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 7.4.6.2. Market Estimates and Forecast, by Form, 2017 - 2028 (USD Million)
      • 7.4.6.3. Market Estimates and Forecast, by Distribution Channel, 2017 - 2028 (USD Million)
  • 7.5. Central & South America
    • 7.5.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 7.5.2. Market Estimates and Forecast, by Form, 2017 - 2028 (USD Million)
    • 7.5.3. Market Estimates and Forecast, by Distribution Channel, 2017 - 2028 (USD Million)
    • 7.5.4. Brazil
      • 7.5.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 7.5.4.2. Market Estimates and Forecast, by Form, 2017 - 2028 (USD Million)
      • 7.5.4.3. Market Estimates and Forecast, by Distribution Channel, 2017 - 2028 (USD Million)
  • 7.6. Middle East & Africa
    • 7.6.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
    • 7.6.2. Market Estimates and Forecast, by Form, 2017 - 2028 (USD Million)
    • 7.6.3. Market Estimates and Forecast, by Distribution Channel, 2017 - 2028 (USD Million)
    • 7.6.4. South Africa
      • 7.6.4.1. Market Estimates and Forecast, 2017 - 2028 (USD Million)
      • 7.6.4.2. Market Estimates and Forecast, by Form, 2017 - 2028 (USD Million)
      • 7.6.4.3. Market Estimates and Forecast, by Distribution Channel, 2017 - 2028 (USD Million)

Chapter 8. Competitive Analysis

  • 8.1. Key Global Players, Recent Developments & their impact on the industry
  • 8.2. Key Company/Competition Categorization (Key Innovators, Market Leaders, Emerging Players)
  • 8.3. Vendor Landscape
    • 8.3.1. Key Company Market Share Analysis, 2021

Chapter 9. Company Profiles

  • 9.1. Komira Group
    • 9.1.1. Company Overview
    • 9.1.2. Financial Performance
    • 9.1.3. Form Benchmarking
    • 9.1.4. Strategic Initiatives
  • 9.2. Land & Sea International Food Supply
    • 9.2.1. Company Overview
    • 9.2.2. Financial Performance
    • 9.2.3. Form Benchmarking
    • 9.2.4. Strategic Initiatives
  • 9.3. Nireus Aquaculture S.A.
    • 9.3.1. Company Overview
    • 9.3.2. Financial Performance
    • 9.3.3. Form Benchmarking
    • 9.3.4. Strategic Initiatives
  • 9.4. Siam Canadian Group Limited
    • 9.4.1. Company Overview
    • 9.4.2. Financial Performance
    • 9.4.3. Form Benchmarking
    • 9.4.4. Strategic Initiatives
  • 9.5. Stehr Group
    • 9.5.1. Company Overview
    • 9.5.2. Financial Performance
    • 9.5.3. Form Benchmarking
    • 9.5.4. Strategic Initiatives
  • 9.6. Kaysaint International Co. Ltd
    • 9.6.1. Company Overview
    • 9.6.2. Financial Performance
    • 9.6.3. Form Benchmarking
    • 9.6.4. Strategic Initiatives
  • 9.7. PT. Fishnesia Mitra Bersama
    • 9.7.1. Company Overview
    • 9.7.2. Financial Performance
    • 9.7.3. Form Benchmarking
    • 9.7.4. Strategic Initiatives
  • 9.8. Liang Shing Frozen Seafoods Co. LTD.
    • 9.8.1. Company Overview
    • 9.8.2. Financial Performance
    • 9.8.3. Form Benchmarking
    • 9.8.4. Strategic Initiatives
  • 9.9. W Fresh Supply
    • 9.9.1. Company Overview
    • 9.9.2. Financial Performance
    • 9.9.3. Form Benchmarking
    • 9.9.4. Strategic Initiatives
Product Code: GVR-4-68039-936-1

List of Tables

  • Table 1. Milkfish Market - Key Market Driver Analysis
  • Table 2. Milkfish Market - Key Market Restraint Analysis
  • Table 3. Global Tetra Pak Cartons Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 4. Global Frozen Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 5. Global Canned Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 6. Global Milkfish Market Estimates and Forecast By Offline, 2017 - 2028 (USD Million)
  • Table 7. Global Milkfish Market Estimates and Forecast By Online, 2017 - 2028 (USD Million)
  • Table 8. Global Milkfish Market Estimates and Forecast, By Region 2017 - 2028 (USD Million)
  • Table 9. Global Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 10. Global Milkfish Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 11. North America Milkfish Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 12. North America Milkfish Market Revenue Estimates and Forecast, By Form, 2017 - 2028 (USD Million)
  • Table 13. North America Milkfish Market Revenue Estimates and Forecast, By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 14. U.S. Milkfish Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 15. U.S. Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 16. U.S. Milkfish Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 17. Europe Milkfish Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 18. Europe Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 19. Europe Milkfish Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 20. Germany Milkfish Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 21. Germany Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 22. Germany Milkfish Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 23. France Milkfish Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 24. France Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 25. France Milkfish Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 26. U.K. Milkfish Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 27. U.K. Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 28. U.K. Milkfish Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 29. Asia Pacific Milkfish Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 30. Asia Pacific Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 31. Asia Pacific Milkfish Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 32. China Milkfish Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 33. China Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 34. China Milkfish Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 35. India Milkfish Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 36. India Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 37. India Milkfish Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 38. Indonesia Milkfish Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 39. Indonesia Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 40. Indonesia Milkfish Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 41. Central & South America Milkfish Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 42. Central & South America Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 43. Central & South America Milkfish Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 44. Brazil Milkfish Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 45. Brazil Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 46. Brazil Milkfish Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 47. Middle East & Africa Milkfish Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 48. Middle East & Africa Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 49. Middle East & Africa Milkfish Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 50. South Africa Milkfish Market Estimates and Forecast, 2017 - 2028 (USD Million)
  • Table 51. South Africa Milkfish Market Estimates and Forecast By Form, 2017 - 2028 (USD Million)
  • Table 52. South Africa Milkfish Market Estimates and Forecast By Distribution Channel, 2017 - 2028 (USD Million)
  • Table 53. Vendor Landscape

List of Figures

  • Fig. 1. Milkfish Market Snapshot
  • Fig. 2. Milkfish Market Segmentation & Scope
  • Fig. 3. Milkfish Market Penetration & Growth Prospect Mapping
  • Fig. 4. Milkfish Market Value Chain Analysis
  • Fig. 5. Milkfish Market Dynamics
  • Fig. 6. Milkfish Market Porter's Analysis
  • Fig. 7. Milkfish Market: Form Movement Analysis
  • Fig. 8. Milkfish Market: Distribution Channel Movement Analysis
  • Fig. 9. Milkfish Market: Regional Movement Analysis
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