Europe Fish Market to be Driven by the Growth in the Popularity of Seafood in the Forecast Period of 2021-2026

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Europe Fish Market to be Driven by the Growth in the Popularity of Seafood in the Forecast Period of 2021-2026

The new report by Expert Market Research titled, ‘Europe Fish Market Price, Trendts Growth, Analysis, Report and Forecast 2021-2026’, gives an in-depth analysis of the Europe fish market, assessing the market based on its segments like type, product type, distribution channel, sector and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

Note 1: For a snapshot of the primary and secondary data of the market (2016-2026), along with business strategies and detailed market segmentation, please click on request sample report. The sample report shall be delivered to you within 24 hours.

Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/europe-fish-market/requestsample

The key highlights of the report include:

Market Overview (2016-2026)

• Historical Market Size (2020): 5.6 million tons (EU-28 Fish Production)
• Forecast CAGR (2021-2026): 3% (EU-28 Fish Production )

The fish market in Europe is booming for a variety of reasons, the most important of which is that European citizens are spending more money on fish and seafood despite higher prices. This may be due to the expansion of European aquaculture production and landings, which has increased both demand and prices. In Europe, there is also a strong demand for new recipes and dishes featuring tuna, prawns, and trout as main ingredients. Since Europe has a large coastal area, the popularity of these recipes is propelling the market growth of fish. Furthermore, traditional seafood dishes are now being sold in fast food restaurants across Europe, boosting the region's fish market growth further.

Industry Definition and Major Segments

Fishes are limbless cold-blooded vertebrates with gills that help them survive in water and fins that help them swim. They are eaten by non-vegetarians or pescetarians all over the world because of their many benefits, such as proteins and other nutrients. The fishing industry has a relatively lower carbon footprint as compared to poultry or red meat and, thus, environmentally conscious consumers are increasingly shifting toward fish consumption over poultry and red meat.

Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/europe-fish-market

On the basis of fish type, the market is segmented into:

Tuna
• Cod
Salmon
• Alaska Pollock
• Surimi
• Hake
Herring
• Mussel
• Squid
• Others

On the basis of product type, the industry is categorised into:

Fresh
Frozen
• Canned
• Others

Based on distribution channel, the industry is bifurcated into:

Retail
• Institutional

By sector, the industry is segmented into:

• Organised
• Unorganised

The regional markets for the product include:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Market Trends

The growing popularity and adoption of seafood in the food industry are leading to the expansion of the European fish market. Further, as a result of the strong demand for seafood from customers across all demographics, the industry is growing at a healthy pace. The fishing industry causes a lower carbon footprint, especially if the fish caught are wild and not grown through pisciculture, thus, the increasingly environmentally conscious consumers are preferring to consume fish as a source of meat, rather than poultry or red meat. This is further propelling the growth of the Europe fish market. Furthermore, the growing use of tuna in sandwiches, bagels, and baguettes has ignited new interest in the industry.

Key Market Players

The major players in the market are Nordic Seafood A/S, Frigonova, s.r.o., The Fish Company, Marine Food B.V., and Sykes Seafoods Ltd., among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

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Note 2: As the novel coronavirus (COVID-19) continues to spread across the world, our analysts are constantly tracking the impact of this rapidly evolving situation on the markets and the consumer purchase behaviours. Thus, our latest estimates and analysis about the current market trends and forecast will exhaustively reflect the effects of this emerging pandemic.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

We also provide state-of-the-art procurement intelligence through our platform, https://www.procurementresource.com. Procurement Resource is a leading platform for digital procurement solutions, offering daily price tracking, market intelligence, supply chain intelligence, procurement analytics, and category insights through our thoroughly researched and infallible market reports, production cost reports, price analysis, and benchmarking.

Informes de Expertos (https://www.informesdeexpertos.com/), the Spanish variant of Expert Market Research, is a platform that offers market research and consultancy services to a broad clientele base across Spanish speaking countries. With our primary focus on the Latin America and Spain markets, our research experts provide relevant and actionable insights into the markets and track major trends, economic developments, and global trade data.

Determined to bring client satisfaction, we make sure that our tailored approach meets the client’s unique market intelligence requirements. Our syndicated and customized research reports cover a wide spectrum of industries ranging from pharmaceuticals and food and beverage to packaging, logistics, and transportation.

Media Contact

Company Name: Expert Market Research
Contact Person: Mathew Williams, Business Consultant
Email: sales@expertmarketresearch.com
Expert Market Research
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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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