IMARC Group, a leading market research company, has recently releases report titled “Mackerel Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global mackerel market price, share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How big is the mackerel market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 1,029.0 Million |
| Market Forecast in 2028 | US$ 1,330.0 Million |
| Growth rate (2023 to 2028) | CAGR of 4.1% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is mackerel?
Mackerel refers to a saltwater fish that belongs to the family Scombridae. It is available in frozen and canned products. These mackerel variants are a good source of protein, omega-3 fatty acids, vitamins B3, B2, B6, and B12, and D, niacin, iron, riboflavin, magnesium, folate, phosphorus, and selenium. Mackerel-based food items aid in lowering blood pressure, managing the levels of cholesterol in the body, improving hair health and brain function, reducing inflammation, protecting the skin, and preventing age-related macular degeneration and risk of heart-related diseases. Consequently, they are in extensive demand across the globe.
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What are the growth prospects and trends in the mackerel?
The increasing health consciousness among the masses and the rising need for nutrient-rich foods are primarily driving the mackerel market. Moreover, the growing product usage in the food and beverage (F&B) industry as a key ingredient in salads, pasta, sandwiches, and other items, is acting as another significant growth-inducing factor. Besides this, the introduction of mackerel filets in several types, including Mediterranean style with jalapeno peppers and boneless filets in olive oil, is also positively influencing the global market. Additionally, the shifting preferences toward canned products, as freezing of fish leads to the stoppage of all microbiological activities that cause food spoilage and poisoning, thereby making them pure and hygienic for consumption, are further propelling the market growth. Apart from this, the expanding utilization of this fish in formulating pet food items to improve their nutritional value and the escalating availability of the product through multiple e-commerce platforms are anticipated to bolster the mackerel market over the forecasted period.
What is included in market segmentation?
The report has segmented the market into the following categories:
Form Insights:
- Frozen
- Canned
Distribution Channel Insights:
- Hypermarkets and Supermarkets
- Convenience Stores
- Online
- Others
Breakup by Geography:
- 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
Who are the key players operating in the industry?
The report covers the major market players including:
- Bolton Group Sr
- Bumble Bee Foods LLC (FCF Co Ltd)
- Cornelis Vrolijk B.V.
- Etosha Fishing Corp. (Oceana Namibia)
- Iceland Foods Ltd.
- Killybegs Seafood
- Ocean More Foods Co. Limited
- Ocean Treasure World Foods Limited
- Pinetree Vietnam Company Limited
- Sea Harvest Group
- Thai Union Group Public Company Ltd
- Viet Ocean Seafood Vietnam
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