Ample presence of different kinds of fish such as Tuna, Cord, and Salmon, the expanding demand for a variety of seafood, and increasing awareness about the health benefits of seafood are the major factors stimulating the commercial fishing market. On the other hand, there are a number of harmful effects caused by commercial fishing, such as the exhaustion of marine resources, which has had detrimental effects on the stocks. However increased demand for Aquaculture is a key market trend observed in the recent years.
Several new regulations combined with international treaties and various fishing allocation schemes aim to generate efficiency and restrict the fishing activities. India, Indonesia, Japan, Thailand, and China are highly prominent in commercial fishing in Asia Pacific. Amongst those, China represented more than 30% of the global market for commercial fishing. The Asia Pacific dominates world fisheries market in terms of value, production, and employment. After Asia Pacific, North America constituted the biggest share, led by the U.S. All over the Asia pacific, captured and cultured marine fisheries persist to play a vital role in the food security, poverty mitigation and in the economies of many countries.
Commercial Fishing market is segmented by type, by species and by geography. Depending on the various types, market is classified as large nets, Line and pole, trolling with single lines and others. Based on species, the market is categorized as Cephalopods, Groundfish, Salmon, Shrimp, Tuna and others. Based on geography, the market is segmented into North America, Europe, Asia-Pacific and Rest of the World. Significant mergers and acquisitions, collaborations, and joint ventures are the industry trends that are playing a major role for the market growth.
The key players in the Commercial Fishing market include K R M Marine Exports Limited, Liberty Frozen Foods Private Limited, Sri Siddhi Freezers & Exporters Private Limited, Andenesfisk As, Armana Limited, Atlantex Sp, High Liner Foods, Iglo Group, Sajo Industries and Marine Harvest.
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 8 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends. Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.