Analysis of Cod Fish market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
The cod fish is popular as a food with a meaty texture, mild flavor, and blistering white flesh. The cod fish livers are used to make cod liver oil in the food processing industry. It is a vital source of vitamin A, vitamin E, vitamin D, vitamins B-12, phosphorus, protein, omega-3 fatty acids and niacin. Moreover, there are two main common types of cod fish, one of them is Atlantic cod fish and the other is the Pacific cod fish.
The Atlantic cod fish is generally larger in size (standard size “100 cm) as compared to the pacific cod fish. An Atlantic cod can live more than 20 years and a one-meter long female cod fish may deliver approx. three million eggs and 1.3-meter long cod fish may produce approx. nine million eggs in a spawning season.
The key factor such as significantly growing demand for seafood among consumers predominantly drives the global cod fish market over the forecast period. The macroeconomic factors such as increasing per capita income, increasing global fish production volume and developing countries such as Indonesia, China, India, and Thailand will push the demand for the global cod fish market over the forecast period. Furthermore, with rapid growth in the fisheries industry to produce high volume to meet the demand across the globe will fuel the overall growth of the global cod fish market during the forecast period.
Also, rising health concern among consumers to have healthy foods in daily life along with high preference for fish oil in the bodybuilding industry will help the global cod fish market to increase its overall market value during the forecast period. With a growing number of restaurants, hotels, and resorts as well as growing preferences to spend holidays on beach locations will stimulate the growth of the global cod fish market during the forecast period.
Robust growth in online food delivery businesses across the globe is one of the key driving factors of the global cod fish market over the forecast period. The key restraining factor such as high shipment cost and stringent government regulation for limited production may hinder the global cod fish market over the forecast period.
The global cod fish market is segmented into seven regions including North America, Latin America, Europe, CIS & Russia, Japan, APEJ (the Asia Pacific excluding Japan) and MEA (the Middle East and Africa). Among the regions mentioned above, North America accounts for the highest market share in the global cod fish market owing to the high production of cod fish in the region. In Europe, the UK is one of the key countries wherein the preferences of cod fish is very high due to its health benefits. Besides, with growing number of tourist in Thailand, Indonesia, and Australia along with an increasing preference for seafood among consumers, APEJ is projected to witness stimulus growth in the global cod fish market during the forecast period.
The prominent players of the global cod fish market are
Besides, Key market players are focusing to enhance its regional footprint through partnerships with local distributors.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
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Global Cod Fish market can be segmented on the basis of cod fish types, source type, end-products, sales channel and region.
Based on cod fish type, the global cod fish market is segmented as:
Based on source type, the global cod fish market is segmented as:
Based on the end-products type, the global cod fish market is segmented as:
Based on sales channel type, the global cod fish market is segmented as:
The Atlantic cod fish market is estimated to gain significant market share during the forecast period owing to large size preferences by the consumers. On the other hand, E-commerce sales channel is anticipated to see robust growth in the global cod fish market during forecast period attributed to rapidly increasing online subscribers as well as increasing number of online food start-ups in developing countries globally.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
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Rising per capita income along with increasing production of fish across developing nations, including Thailand, India, and Indonesia, are likely to push the sales of cod fish.
North America, due to the high production of cod fish, is estimated to hold the largest share of the global market.
Ice Fish AS, Norsk Siomat AS, Leroy Seafood AS, Norway Royal Salmon Asa, and Norges Siomatrad AS are leading players in the global market.
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