Striped bass Market

Striped bass Market Outlook (2023 to 2033)

Low-fat sources of selenium and omega-3 fatty acids include striped bass. Due to pollution with mercury, PCBs, dioxin, and other toxins, eating striped bass is not advised. According to the Harvard School of Public Health, eating a diet high in fish has a number of health advantages, including protection against cardiovascular disease.

You should include this fish, a saltwater fish endemic to the Atlantic, in your daily fish intake. It is a healthy addition to a diet that restricts calories since it contributes to your nutrient intake without considerably increasing your waistline to 165 calories for a 6-ounce portion.

The primary factor such as the significantly growing demand for seafood among consumers predominantly drives the market over the forecast period. The macroeconomic factors such as increasing per capita income, and increasing global fish production in countries such as the U.S., China, India, and Russia will push the demand for the global market over the forecast period. Consumers have become more health conscious in their food choices, as this bass has many health benefits. It is anticipated to experience significant growth.

What are the benefits that drive market growth?

Due to the numerous health benefits of bass fish and the shifting consumer taste for meals high in protein, consumption of fish is still increasing steadily. It is a low-calorie, high-protein fish that is incredibly nutrient-dense and high in omega-3 fatty acids. Because to the fish's ability to supply the body with critical fatty acids that it cannot produce on its own, the bass fish industry is growing significantly. Striped salmon is a good source of omega-3 fatty acids, which also nourish the skin, support better cognitive function, and lower levels of detrimental inflammation in the body.

As per the US Department of agricultural dietary guidelines, Americans are advised to consume 250 mg of omega-3 fatty acids daily to reduce the risks of cardiovascular disease. Thus, demand for fish is expected to grow among a part of the American population that is deficient in omega-3s, as per the USDA. This encompasses moderate fat content with several health benefits and a mild flavor, which has been making it an ideal choice for a variety of fish dishes. These factors are likely to drive the growth of the market in the near future.

Interrupted commercial harvesting remains a challenge ahead of the stakeholders. They are struggling to expand their business due to the stringent rules and regulations on commercial harvesting, which could hinder growth in the market.

The key health-promoting components are low calories, high nutrition, vitamin B, high omega-3 fatty acids, and many more. This combination fuels the global market. Manufacturers offer two varieties for sale: fresh and frozen, with the latter having a longer shelf life. Also, this fish occupies a sizable share of the world market for fish output, which has increased by about 2.3%. The demand rises as a result of the expanding fish industry. Striped bass commercial harvesting is severely constrained in the world market by strict rules and regulations.

The meaty but flaky texture of it goes well with a variety of foods. For a wholesome main meal, seasoned form with lime juice and fiery red pepper. Then, grill or bake the fish. Utilize leftovers in salads by simply flaking the fish and serving it over a bed of lush greens with a lime vinaigrette. To enjoy a variety of flavors when eating bass, get creative with your seasonings and condiments. For example, delicately coat the fish with a thyme-olive oil mixture before cooking, or serve plain form with a pineapple-cilantro salsa.

Regional Outlook

The regional demand varies across the globe. As these are native to the Atlantic coastlines of North America, therefore North America holds the largest share of the global market and the regional demand is about to rise in that region. North America shares 75% of the market and is anticipated to grow in the forecasted period.

In APEJ, Taiwan holds 15% of the share in the market and the production is approximately 350 metric tons per year; therefore, the demand for the bass is likely to increase and the market will experience growth shortly. The European market is also expected to experience moderate growth owing to its health benefits.

Key Players

• Robert Wholey & Company Inc.
• Aqua Best Seafood Market
• Allseas Fisheries Corp.
• A&H Seafood Market Partners
• Euclid Fish Company
• Chester River Seafood
• Stavis Seafoods

Segmentation

• By Hybrid Types :

  • Wiper
  • Whiterock
  • Sunshine
  • Cherokee
  • Palmetto

• By Product Form :

  • Fresh
  • Fillet (skin-on, bone-in)
  • H&G
  • Whole
  • Frozen
  • Fillet (skin-on, bone-in)
  • H&G

• By Form :

  • Headed
  • Gutted
  • Filets

• By Water :

  • Freshwater
  • Saltwater

• By Sales Channel :

  • Direct
  • Indirect

• By Region :

  • North America 
  • Latin America 
  • Western Europe
  • Eastern Europe
  • Asia Pacific 
  • Japan
  • Middle East and Africa