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PUBLISHER: IMARC | PRODUCT CODE: 1207142
PUBLISHER: IMARC | PRODUCT CODE: 1207142
Fin Fish Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
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The global fin fish market size reached US$ 186.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 242.4 Billion by 2028, exhibiting a growth rate (CAGR) of 4.3% during 2023-2028.
Fin fish refers to a species of cartilaginous fish characterized by bony spines or rays protruding from the body. They are a rich source of phosphorus, calcium, and other minerals, such as iron, zinc, iodine, magnesium, and potassium. Snappers, salmon, tuna, milkfish, pompano, seabass, catfish, groupers, tilapia, and sea bass are some common fin fish types. Their regular consumption aids in improving cardiovascular health, brain function, eyesight, and skin, preventing oxidative stress to the thyroid gland, and repairing damaged tissues. Fin fish are cultivated in three types of environments, which include brackish, marine water, and freshwater. Their production also involves feeding, regular stocking, and conservation of aquatic life.
Fin Fish Market Trends:
- The significant growth in the food and beverage (F&B) industry across the globe is creating a positive outlook for the market. Fin fish is widely used for preparing various dishes, such as sandwiches, rice dishes, and pasta and are also used in salt herring, salmon, and salmon eggs. In line with this, the rising health consciousness and the increasing demand for protein-rich food among the masses is favoring the market growth. Apart from this, various technological innovations in fishing equipment that helps decrease the complexities and endeavors in fishing and aquafarming are providing an impetus to the market growth. Moreover, the widespread adoption of salmon, tuna, Maine sardines, and mackerel in ready-to-eat (RTE) meals due to the increasing working population, hectic schedules, and busy lifestyles is positively influencing the market growth. Other factors, including the rising demand for seafood cuisines, increasing expenditure capacities of consumers, and the implementation of various government initiatives supporting fish farming, are anticipated to drive the market toward growth.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global fin fish market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on fish type, environment and distribution channel.
Breakup by Fish Type:
- Tropical Fin Fish
- Pompano
- Snappers
- Groupers
- Salmon
- Milkfish
- Tuna
- Tilapia
- Catfish
- Seabass
- Others
Breakup by Environment:
- Freshwater
- Marine Water
- Brackish Water
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
- The competitive landscape of the industry has also been examined along with the profiles of the key players being Blue Ridge Aquaculture Inc., Cermaq Group AS (Mitsubishi Corporation), Eastern Fish Company, Leroy Seafood Group ASA (Austevoll Seafood ASA), Mowi ASA, P/F Bakkafrost, Stehr Group Pty Ltd., Tassal Group Limited, Thai Union Group PCL and Wanchese Fish Company (Cooke Inc.).
Key Questions Answered in This Report:
- How has the global fin fish market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global fin fish market?
- What are the key regional markets?
- What is the breakup of the market based on the fish type?
- What is the breakup of the market based on the environment?
- What is the breakup of the market based on the distribution channel?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global fin fish market and who are the key players?
- What is the degree of competition in the industry?
Product Code: SR1323A614_Report
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Fin Fish Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Fish Type
- 6.1 Tropical Fin Fish
- 6.1.1 Market Trends
- 6.1.2 Key Segments
- 6.1.2.1 Pompano
- 6.1.2.2 Snappers
- 6.1.2.3 Groupers
- 6.1.2.4 Salmon
- 6.1.2.5 Milkfish
- 6.1.2.6 Tuna
- 6.1.2.7 Tilapia
- 6.1.2.8 Catfish
- 6.1.2.9 Seabass
- 6.1.2.10 Others
- 6.1.3 Market Forecast
- 6.2 Others
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by Environment
- 7.1 Freshwater
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Marine Water
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Brackish Water
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Distribution Channel
- 8.1 Supermarkets and Hypermarkets
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Convenience Stores
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Specialty Stores
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
- 8.4 Online Stores
- 8.4.1 Market Trends
- 8.4.2 Market Forecast
- 8.5 Others
- 8.5.1 Market Trends
- 8.5.2 Market Forecast
9 Market Breakup by Region
- 9.1 North America
- 9.1.1 United States
- 9.1.1.1 Market Trends
- 9.1.1.2 Market Forecast
- 9.1.2 Canada
- 9.1.2.1 Market Trends
- 9.1.2.2 Market Forecast
- 9.1.1 United States
- 9.2 Asia-Pacific
- 9.2.1 China
- 9.2.1.1 Market Trends
- 9.2.1.2 Market Forecast
- 9.2.2 Japan
- 9.2.2.1 Market Trends
- 9.2.2.2 Market Forecast
- 9.2.3 India
- 9.2.3.1 Market Trends
- 9.2.3.2 Market Forecast
- 9.2.4 South Korea
- 9.2.4.1 Market Trends
- 9.2.4.2 Market Forecast
- 9.2.5 Australia
- 9.2.5.1 Market Trends
- 9.2.5.2 Market Forecast
- 9.2.6 Indonesia
- 9.2.6.1 Market Trends
- 9.2.6.2 Market Forecast
- 9.2.7 Others
- 9.2.7.1 Market Trends
- 9.2.7.2 Market Forecast
- 9.2.1 China
- 9.3 Europe
- 9.3.1 Germany
- 9.3.1.1 Market Trends
- 9.3.1.2 Market Forecast
- 9.3.2 France
- 9.3.2.1 Market Trends
- 9.3.2.2 Market Forecast
- 9.3.3 United Kingdom
- 9.3.3.1 Market Trends
- 9.3.3.2 Market Forecast
- 9.3.4 Italy
- 9.3.4.1 Market Trends
- 9.3.4.2 Market Forecast
- 9.3.5 Spain
- 9.3.5.1 Market Trends
- 9.3.5.2 Market Forecast
- 9.3.6 Russia
- 9.3.6.1 Market Trends
- 9.3.6.2 Market Forecast
- 9.3.7 Others
- 9.3.7.1 Market Trends
- 9.3.7.2 Market Forecast
- 9.3.1 Germany
- 9.4 Latin America
- 9.4.1 Brazil
- 9.4.1.1 Market Trends
- 9.4.1.2 Market Forecast
- 9.4.2 Mexico
- 9.4.2.1 Market Trends
- 9.4.2.2 Market Forecast
- 9.4.3 Others
- 9.4.3.1 Market Trends
- 9.4.3.2 Market Forecast
- 9.4.1 Brazil
- 9.5 Middle East and Africa
- 9.5.1 Market Trends
- 9.5.2 Market Breakup by Country
- 9.5.3 Market Forecast
10 SWOT Analysis
- 10.1 Overview
- 10.2 Strengths
- 10.3 Weaknesses
- 10.4 Opportunities
- 10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
- 12.1 Overview
- 12.2 Bargaining Power of Buyers
- 12.3 Bargaining Power of Suppliers
- 12.4 Degree of Competition
- 12.5 Threat of New Entrants
- 12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
- 14.1 Market Structure
- 14.2 Key Players
- 14.3 Profiles of Key Players
- 14.3.1 Blue Ridge Aquaculture Inc.
- 14.3.1.1 Company Overview
- 14.3.1.2 Product Portfolio
- 14.3.2 Cermaq Group AS (Mitsubishi Corporation)
- 14.3.2.1 Company Overview
- 14.3.2.2 Product Portfolio
- 14.3.2.3 SWOT Analysis
- 14.3.3 Eastern Fish Company
- 14.3.3.1 Company Overview
- 14.3.3.2 Product Portfolio
- 14.3.4 Leroy Seafood Group ASA (Austevoll Seafood ASA)
- 14.3.4.1 Company Overview
- 14.3.4.2 Product Portfolio
- 14.3.4.3 Financials
- 14.3.5 Mowi ASA
- 14.3.5.1 Company Overview
- 14.3.5.2 Product Portfolio
- 14.3.5.3 Financials
- 14.3.6 P/F Bakkafrost
- 14.3.6.1 Company Overview
- 14.3.6.2 Product Portfolio
- 14.3.6.3 Financials
- 14.3.7 Stehr Group Pty Ltd.
- 14.3.7.1 Company Overview
- 14.3.7.2 Product Portfolio
- 14.3.8 Tassal Group Limited
- 14.3.8.1 Company Overview
- 14.3.8.2 Product Portfolio
- 14.3.8.3 SWOT Analysis
- 14.3.9 Thai Union Group PCL
- 14.3.9.1 Company Overview
- 14.3.9.2 Product Portfolio
- 14.3.9.3 Financials
- 14.3.10 Wanchese Fish Company (Cooke Inc.)
- 14.3.10.1 Company Overview
- 14.3.10.2 Product Portfolio
- 14.3.1 Blue Ridge Aquaculture Inc.
Product Code: SR1323A614_Report
List of Figures
- Figure 1: Global: Fin Fish Market: Major Drivers and Challenges
- Figure 2: Global: Fin Fish Market: Sales Value (in Billion US$), 2017-2022
- Figure 3: Global: Fin Fish Market Forecast: Sales Value (in Billion US$), 2023-2028
- Figure 4: Global: Fin Fish Market: Breakup by Fish Type (in %), 2022
- Figure 5: Global: Fin Fish Market: Breakup by Environment (in %), 2022
- Figure 6: Global: Fin Fish Market: Breakup by Distribution Channel (in %), 2022
- Figure 7: Global: Fin Fish Market: Breakup by Region (in %), 2022
- Figure 8: Global: Fin Fish (Tropical Fin Fish) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 9: Global: Fin Fish (Tropical Fin Fish) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 10: Global: Fin Fish (Other Fish Types) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 11: Global: Fin Fish (Other Fish Types) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 12: Global: Fin Fish (Freshwater) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 13: Global: Fin Fish (Freshwater) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 14: Global: Fin Fish (Marine Water) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 15: Global: Fin Fish (Marine Water) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 16: Global: Fin Fish (Brackish Water) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 17: Global: Fin Fish (Brackish Water) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 18: Global: Fin Fish (Supermarkets and Hypermarkets) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 19: Global: Fin Fish (Supermarkets and Hypermarkets) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 20: Global: Fin Fish (Convenience Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 21: Global: Fin Fish (Convenience Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 22: Global: Fin Fish (Specialty Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 23: Global: Fin Fish (Specialty Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 24: Global: Fin Fish (Online Stores) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 25: Global: Fin Fish (Online Stores) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 26: Global: Fin Fish (Other Distribution Channels) Market: Sales Value (in Million US$), 2017 & 2022
- Figure 27: Global: Fin Fish (Other Distribution Channels) Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 28: North America: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 29: North America: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 30: United States: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 31: United States: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 32: Canada: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 33: Canada: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 34: Asia-Pacific: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 35: Asia-Pacific: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 36: China: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 37: China: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 38: Japan: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 39: Japan: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 40: India: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 41: India: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 42: South Korea: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 43: South Korea: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 44: Australia: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 45: Australia: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 46: Indonesia: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 47: Indonesia: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 48: Others: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 49: Others: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 50: Europe: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 51: Europe: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 52: Germany: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 53: Germany: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 54: France: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 55: France: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 56: United Kingdom: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 57: United Kingdom: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 58: Italy: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 59: Italy: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 60: Spain: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 61: Spain: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 62: Russia: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 63: Russia: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 64: Others: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 65: Others: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 66: Latin America: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 67: Latin America: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 68: Brazil: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 69: Brazil: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 70: Mexico: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 71: Mexico: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 72: Others: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 73: Others: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 74: Middle East and Africa: Fin Fish Market: Sales Value (in Million US$), 2017 & 2022
- Figure 75: Middle East and Africa: Fin Fish Market: Breakup by Country (in %), 2022
- Figure 76: Middle East and Africa: Fin Fish Market Forecast: Sales Value (in Million US$), 2023-2028
- Figure 77: Global: Fin Fish Industry: SWOT Analysis
- Figure 78: Global: Fin Fish Industry: Value Chain Analysis
- Figure 79: Global: Fin Fish Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Fin Fish Market: Key Industry Highlights, 2022 and 2028
- Table 2: Global: Fin Fish Market Forecast: Breakup by Fish Type (in Million US$), 2023-2028
- Table 3: Global: Fin Fish Market Forecast: Breakup by Environment (in Million US$), 2023-2028
- Table 4: Global: Fin Fish Market Forecast: Breakup by Distribution Channel (in Million US$), 2023-2028
- Table 5: Global: Fin Fish Market Forecast: Breakup by Region (in Million US$), 2023-2028
- Table 6: Global: Fin Fish Market: Competitive Structure
- Table 7: Global: Fin Fish Market: Key Players
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