Smoked Fish: Worldwide Markets, 2018-2022 - The Rising Demand for Processed Seafood is Driving Demand

12/11/2018, 1:52 PM (Source: GlobeNewswire)

Dublin, Dec. 11, 2018 (GLOBE NEWSWIRE) -- The "Global Smoked Fish Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The smoked fish market is predicted to register a CAGR of almost 7% by 2022.

The rising popularity of online shopping is identified as one of the key trends that will gain traction in the market. It is encouraging various manufacturers to explore the online retail format and concentrate on the internet-savvy consumer segment. Operating costs and overheads for vendors are lower in the online retail format in comparison to the physical store format.

Rising demand for processed seafood

Processed seafood such as smoked salmon, whitefish, haddock, and mackerel do not require much preparation time. This is resulting in a high purchase volume of processed seafood. In addition, the demand for RTE packaged seafood products is increasing in Latin America, Eastern Europe, APAC, and Africa due to the rising disposable income and working-class population.

Distribution challenges

The manufacturers face various challenges such as pressure regarding the prices and margins as retail stores operate at low profit margins.

Completive landscape

The market appears to be concentrated with the presence of a few companies. Factors such as the rising popularity of online shopping and rising demand for processed seafood, will provide considerable growth opportunities to smoked fish market vendors.

Key Players

  • Acme Smoked Fish Corporation
  • Lery
  • Marine Harvest
  • Tassal Group Limited
  • Thai Union Group

Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Method of Processing

8. Market Segmentation by Product

9. Customer Landscape

10. Regional Landscape

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/6zbslf/smoked_fish?w=12

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Related Topics: Fish and Seafood

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